Freelancing can be the best decision you will ever make when it comes to your career. You can work on your own terms, be your own boss, and decide how much you want to earn. However, freelancing success will not happen overnight. It will be challenging at first, but over time, you will begin to experience the many great aspects of being a freelancer. If you want to become a successful freelancer, following are some of the things that you should avoid.
Taking the Plunge Without Careful Thought
Deciding to be a freelancer just because you hate your boss or your job, or because you’re just fed up with waking up so early in the morning and braving rush-hour traffic, is just not how it’s done. Before you enter the world of freelancing, you should know all the pros and cons. You must give it a lot of thought. Remember, you’re giving up a monthly guaranteed paycheck for a job that will give you profit depending on how many clients you get and how many projects you land. In short, you will be working harder than ever if you want to start earning.
When a client asks you how much you charge for a 500-word article about different taxation schemes in countries in Southeast Asia, and it’s not your expertise, take into consideration the amount of research you will devote to it and the number of hours you will put into writing an article about it.
Clients generally don’t care if you offer the cheapest rate. They just want value for their money. Don’t be afraid to charge more if you know there’s a lot of work to be done, and you know you can deliver the goods.
Accepting Every Project
Only take on projects that you know you will enjoy working on. If your niche is in fashion and lifestyle, don’t take on technical or financial writing jobs. Not only will you be spending too much time on research, but you also will not feel as happy or as confident with the final output. Don’t take whatever you can get for fear of not earning an income.
Being a Jack /Jill of All Trades
You have to find your niche and work on your expertise. If food and lifestyle blogging is your strength, you should definitely market yourself as a food and lifestyle blogger. The same goes if you’re great at drawing or designing. You should label yourself as a graphic artist or an illustrator.
It’s good to have more than one strength because you can cater to more clients and work on more projects. However, this can be confusing for clients, and they might hesitate to enlist your services if they think you are too busy with other pursuits.
Not Having an Accounting System in Place
In general, this will help you when it comes to tax purposes. Because you’re a freelancer, you will have to do your filing on your own. It will help you a great deal to set up an organized accounting system or hire an accountant to do it for you. This will also easily track your income and expenses and give you a good idea how your business is doing.