There are so many benefits associated with freelancing that makes it quite a lucrative career path. Statistics indicate that more and more people are getting inclined to freelancing. In a few years to come, almost half of the entire workforce in most developed countries will be freelancers. The surge in this industry has been attributed to the benefits that freelancing has to offer, as compared to the conventional 9-5 day jobs that the corporate worlds are known for. However, the million dollar question is; is freelancing worth leaving your corporate job? What you can get with a freelancing career?
There are quite a number of freelancing benefits that you can enjoy when you take this path to earn your daily bread as well as pay your bills.
It is important to note that despite all these benefits, the transition period from corporate world can be quite hectic. It is for this reason you are advised to consider several factors before fully plunging into freelancing.
It is acknowledged that freelancing comes with freedom, but this is always accompanied by responsibility. Freedom and responsibility are two inseparable twins. This said, before you actually quit your day job, make it a point that you have weighed in the pros and cons. Start by evaluating your skills and whether you are ready to live with unsteady paycheck. Importantly, you must have high levels of self-discipline. It is great if you can test waters prior to handing in the resignation letter. Also, as you start, you can’t short-change yourself in regards to rates you will charge. In other words, try to talk to people who are already freelancing to get an overview of the entire market rates. As a matter of fact, discuss this with family members and friends you can trust. At the end of the day, they need to be at peace with the final decision you will make.
Always remember these 5 factors while transitioning:
If you make up your mind, then you can go ahead and quit the day job. However, many people like to ask, when is the best time to quit? The answer to this question is not set in stone as every individual is different, and all people can’t experience the same things at the same time. In this case, you can quit your job when your confidence is high and your mind is ready. In as much as you might forfeit some benefits that come with corporate jobs, freelancing is one thing that you will surely like to do at all time. The sky is the limit in regard to your income, you learn a lot in the long run, and you can set up business that stands the test of time.
It all comes back to how fast you want to reach your life goals. In many cases, corporate world with its rigid structures cannot offer you such kind of opportunity. For those who want to dedicate their lives doing what they love most, freelancing is the way.
I am a freelance web designer, web developer and SEO specialist - one of the “Top Rated” web designers on Upwork. Living a digital nomad lifestyle, I love to explore the outdoors while doing some freelance jobs in between.
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