Picking the Right Time to Become a Full-Time Freelancer
Making the switch from employee to freelancer requires strategic planning. Unfortunately, some people don’t plan ahead or they approach their business with naive expectations. As a result, they fall flat on their faces and often return to the workplace.
The secret to a smooth and successful transition is meticulous planning. Moreover, you need to assess your individual circumstances and determine the best time to make the switch to full-time telecommuter. The best time for someone else isn’t necessarily the best time for you.
Too often, people jump into a freelance career feet first, and they don’t take the time to do their homework. Is there a need for your business or service? Will you generate enough income to make a living? Is your business concept sensible?
Just because you wish to start a work at home business doesn’t mean you should. Let’s face it - some people are cut out for this type of life, and some people aren’t. Maybe I’m wrong, but I feel that freelancers need a certain type of mind-set or fortitude. You have to be a “go-getter.”
Someone who stops at nothing and works hard to make their business thrive. A person who doesn’t crumble at the sight of rejection.
Moreover, freelancers have to be realistic. It takes time to grow a business. And a few freelancers have to hold down a day job - at least in the beginning.
It’s a hectic life…but worth the sacrifice. Once their freelance business brings in sufficient revenue, they can kiss their 9 to 5 goodbye, and enjoy freedom, flexibility, and life.
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Good post! I think that a person should at least have the ball rolling before thinking about leaving the day job.
It is SO important to plan and be realistic. I made $60 my first year as a freelance writer. It took me three years before I started to make at least $1000 a month. It just takes a while to build up your skills and your clients.
But, some people use the planning phase to procrastinate. Sometimes it’s better to jump in, as long as you do it in a methodical way and plan out your actions. I got started a good year later than I should I have (I was planning, you see). Looking back on it, I planned WAY too much.