Friday, February 16, 2018

The Downsides of Freelancing That People Rarely Talk About

To many people, freelancing seems like the ultimate career choice for people who love
freedom and want to break out of the monotony of a regular 9-to-5 job. Sadly, there are
many aspects of freelancing that just aren’t talked about very often. This usually results
in a poor understanding of freelancing and many people ruin their careers because they
jump the gun too soon and fail to grasp just how difficult freelancing can be.

Of course, that’s not to say that it’s the toughest career choice out there. There are many
situations in which freelancers can flourish, but it’s not as common to be a successful
freelancer as you think and many struggle to get by. To help clear up some misconceptions
and help you understand freelancing better, here are a couple of downsides that you
should keep in mind.

Are you too creative and passionate to stick to a regular job? Freelancing might be
the cure, but it still requires a lot of work! (Image Source)

Passion Is Important, but Realism Is Even More Crucial

Are you an incredibly skilled artist? Were you top of the class with your writing skills?
Did you get the best grades in your engineering course? That’s fantastic and all and
you’re probably passionate, but you need to be realistic when you want to become a
freelancer. For example, if you’re an artist then you shouldn’t expect to just draw whatever
you want and make money for it. You’re going to get plenty of people
asking you to work for free and you’ll end up drawing things and shaping your art around
what your clients ask of you.

Similarly, your writing skills don’t mean that you’re going to be able to write a novel and
sell it instantly. To gain exposure, you’ll likely have to start a blog, start writing articles
and other small bits and pieces that you never expected to and slowly build up that recognition.
You can be passionate about something and it will help you out as a freelancer, but you
need to remember to be realistic and flexible.

There Are More Responsibilities That Will Drain Your Productive Time

We’ve all heard the saying that time is money, but rarely do we ever feel the effects of it
until we’re involved in freelancing. From doing your tax return to chasing clients for pay
and emailing pitches to different publications, it’s important to focus on these tasks because
they mean a lot to your livelihood as a freelancer. You need to get paid hence why you
spend hours chasing clients with invoices, and you have tax responsibilities as a
self-employed individual so you need to manage your finances as well.

All of these responsibilities will eat into your productive time, so you need to include
several extra hours per week in order to sort them out. Many people will tell you that
they work for 3-4 hours per day and make more money than a 9-to-5 job, but what they
don’t tell you is that they’re also stressed out from managing their own taxes and they
spend their evenings chasing clients for payments.

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