There are two sides of every coin and freelancing is no difference. After reading all good things about freelancing now it is time to take freelancing with a pinch of salt.
1. With More Power Comes More Responsibility
Freelancing gives you the power to work for whatever you like at a price you feel satisfied. This means you have the power to choose your work at a price but you should also be more responsible in setting the price for yourself. Make sure you do not set it too high or too low. It is always good to start low and move up as you grow as a freelancer.
2. Need Lot More Discipline
You need to be a lot more disciplined to not only to keep you driving but to even stop you at times. There is no boss when it comes to freelancing and this means there is no one on top of you to say when you should start and when you call it a day. I myself had quite a few 16 hours day quite often when I started freelancing and slowly but surely I made a rule not to power on my laptop (no matter what) once I called it off.
3. Becoming Workaholic
The more you work the more you make and this at times can work to your disadvantage. You should not start your work too early and work late in night suits or pyjamas. Once in a while is acceptable but if this is becoming your habit you should make sure you take needed steps to come out of this habit or else there will be hardly anytime you will give for yourself. You will not realize but you will become workaholic.
4. Working in Non-Productive Environment
You may always think that you are working from your home and what else could be more comforting than this, but make sure your environment is productive. Freelancers at times can become lonely, especially if you work from home and you do not have anybody to talk about your work and achievements in your coffee break. Apart from that your there can be lot of other external factors which make the environment un-productive like your kids playing around.
5. More Than a Job
Being a freelancer means that you control everything from profit and loss to your PC maintenance and so you are not only a freelancer but also a finance manager, the admin guy and the marketing manager at the same time and so make sure you are prepared mentally for all those responsibilities.
Can you think of anything else? I’d love to hear it from you. Share your thoughts in comments below.
Further Reading …