The freelance life can come across as a laidback, easy and reposed way of making a living. However, often it is the complete opposite of that with freelancers working to short deadlines, waiting for what can be a long time for payment and their working hours fluctuate to all hours of the day. A freelancer can often feel a lot of pressure to hand in work by a deadline, especially if they are working on more than one project and even though they may feel their work is to the best quality possible, if companies need something changed or edited, the work will be sent back to the freelancer to make those changes. This means more working hours, and often the extra hours do not get added onto their final payment - particularly if they have agreed to work for a flat fee.
However, a freelancer does tend to have a lot more creativity in their work and also have more spare time than people in traditional 9-5 full time jobs. This allows them to live more free lives, and they most probably will not be sat in an office for most of the day. Freelancers can choose to work anywhere, their kitchen, their living room, at a friend’s house or at cafes and bars. This enables them to have more freedom in their lives.
Once a project is done, though, it means a freelancer’s time with a company comes to an end - until more projects are sent their way. A freelancer then has to look for more work, approach companies and business owners, or contact previous employers to ask if there is any work available. If a freelancer doesn’t manage their income and future jobs properly, money and work can dry up pretty quickly.
With successful freelancers, they often realise that the quality of their work is of such a good quality that a lot of companies approach them for work - rather than the other way around. When this happens, startup business are often formed, meaning a freelancer’s passion and creativity can go directly into their own business rather than into other companies. However, when starting up a business there are plenty of things to think about such as financial investments, the hiring of employees, an online presence - lots of freelancers take the pressure off themselves when making a website through paying for outsourced IT for small businesses - and the development of a niche outlet that will enable a business to flourish.
Starting a business can add even more pressure to a freelancer’s life, but if the work that is being offered is becoming too much to handle for just one person then having a business with a few employees will certainly alleviate any potential worries about having to say no to a job.
It is important, though, to know your market and to decide whether owning your own business is the right route for you to go down. If you’re unsure, then take the time to to think about it.