When You Should Quit Your Job and Start Freelancing

American

“I should just quit my job.”

Have you ever heard yourself saying this or thinking this? What about someone you know? People talk about quitting their jobs all the time yet many won’t go through with it for a number of reasons. The first being obviously that it can be a huge financial risk that can have dire repercussions for you and your loved ones. Second, is that even if you can walk away from a job and have enough cushion to withstand a period of unemployment you don’t know what your next step would be. In those cases you need to consider talking to a professional like a business coach that can give you direction.

Social Media & Tech Have Led To New Jobs

But what if you know you have talents that are wasting away at the place where you work right now or maybe you don’t like the company culture or think you need a better work life balance? Well then freelancing might be for you. In recent years, Freelancing has become a growing industry. Working remotely is easier than ever and offers huge life benefits. Certain areas in particular like blogging, SEO, social media, copywriting, online marketing and graphic design are in demand and perfect for freelancing.

So how do you make the leap from quitting your job to freelancing full time? Answer: start “side hustling.”

What is a “side hustle” you ask? Well it’s a buzzword for basically having a job on the side. If you think you can make it as a freelancer then start now but don’t quit your job just yet. It can take time to develop a portfolio and get the hang of a freelance lifestyle and you need to live and pay for bills in the meantime. Taking on a few projects on the side is a great way to get started. You will want to document your portfolio, maybe even consider making a website for yourself so you can showcase your work, as well as set up some professional social media to reach a wider audience.

How Much Money Do You Need?

Once you feel that you are starting to pick up quite a few clients, to the point where it is starting to get close to conflicting with your day job this is when you need to decide whether you can take the leap. Taking that leap needs to be carefully thought out. How many accounts do you need to maintain the lifestyle you need? Do you have solid contracts with each one that protects you if something goes wrong? What if someone doesn’t pay or you lose your biggest account? You need to know exactly what you would do and how that would affect your life if that happens and that you would be ok. How much money should you have saved before you cut ties? Only you can answer many of these questions.

Freelancing = Soloprenuer

Freelancing is like starting a business. You become a solopreneur sort of speak, so the same rules of starting a business should apply. Don’t rush it. You can side hustle for years before you are ready to take the leap and that is just ok.

We offer lot’s of tips and tricks for Freelancers in this blog so make sure you read up for tips and tricks on how to get started.

If you are considering freelancing fulltime, connect with us online @sagegroupy and let us know how we can help.

Author: Tatiana Rivers- Freelance Blogger for Tati Rivs Social Media Marketing

American

Posted in Freelancing For Beginners on Apr 20, 2017

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