Transitioning Into Freelance
Cincinnati, OH | Posted: 03/13/2016 | Author: April Koenig
The move from a full-time permanent position to freelance for a creative is a big step. The allure of schedule flexibility and potential higher wages can be strong, but make sure you know what you’re giving up in return. All the angles have to be studied carefully in a transition like this, because in most cases you can’t say “just kidding” and expect your old job back. So think it through, and keep the following factors in mind when making your decision.
Lifestyle Inventory – You need to know why you want to freelance, and just how different work life will be. Most people decide to freelance because they are running to something, not from something. You should be motivated by the positive aspects of freelance, such as more flexibility of work and higher earning potential, rather than just wanting to leave your current job situation. Don’t make a life changing decision like this one because you had a bad day. Think long and hard about all implications.
Hit The Ground Running – Freelance means you don’t get paid unless you find clients, so have some lined up before you leave full-time work. Finding enough work is the single toughest aspect of being a for-hire contract creative, so make sure you aren’t starting at zero. Figuring out how to get business shouldn’t be done after you quit your job, it should be done before, when you still have an income to fall back on.
Save And Save Some More – This ties in with the previous point. Saving as much money as possible is an essential cushion when starting out as a freelancer. You’re without a safety net, and it takes time to establish yourself in the freelance market. It’s a good idea to use the time before transitioning to have at least six months of expenses tucked away, through wage saving and cutting costs that aren’t completely essential. Expect a lean budget until the workload increases.
Rely On The Experts At COC – Creatives On Call is full of employees that at one time made the transition from in house to freelance, so they have experience in what it takes to survive and thrive. By creating a comprehensive profile on the COC site and speaking with one of their experts, you’ll get the best possible advice and counsel on your next steps in achieving freelance success.