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10 Questions to Ask Yourself Before Becoming a Full Time Freelancer



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10 Questions to Ask Yourself Before Becoming a Full Time Freelancer

So maybe you've read in some newspaper or magazine article how freelancing is turning into a very lucrative and profitable industry for people to be in. Or perhaps you've already heard it through the grape vine and already have 2nd or 1st hand experience of freelancing and how it can earn you a full time income and give you financial freedom.

And these days more and more people are turning to freelancing as a way to make a full time income. To quite their 9-5 day job and find financial freedom doing something that can be far more lucrative and rewarding and wanting to get a slice of that pie! Especially when some freelancers are making over 25k+ a month doing what they love!

But before you quit your 9-5 day job and take up a possibly permanent new vocation and career and lifestyle change. You should first make sure to ask yourself some very important questions about freelancing. To make sure that you have what it takes to become one and that you're truly ready for the long road ahead, or not!

10 Part Series for Rookie Entrepreneur Freelancers

I'm going to do this as a 10 part series of questions (with answers) that rookie freelancers might need to ask themselves before becoming a freelancer. That way it's just a lot more fun in a way to get through for people and easier to take in. I'll link to each part of this series each time so you can jump to any you want.

Question 1: Is Freelancing Right For Me?

  • Do you like the security of getting a consistent and regular monthly pay check?
  • Do you like to be able to leave your work behind at the end of the day?
  • Do you like to chillaxe with your pals after work or have it large on the weekends?

If you answered yes to any of these then freelancing probably isn't for you! While it's true that on one side of the coin, freelancers have more freedom and can be picky and choosy about who they work for. And on the same side of that coin, those that see success can go on to earn a residual income for the rest of their life that can be 5 or 10x more than their average wage was. On the flip side, they may have to work for many longer hours just to make ends meet and pay the rent and bills on time!

So freelancers may have to give up and sacrifice some of the same pleasures of someone working a 9-5 like going out in the evenings for a meal or a couple drinks. And especially going out all weekend and not getting home until Sunday morning. You may have to kiss those days goodbye! But if you're a bit of an introvert like myself, and you've done all of that before, and you're happy to sacrifice that in return for making money as a freelancer. Then you may have to make some big lifestyle changes if you are to succeed and survive as a freelancer.

Especially as a rookie freelancer!

So think about these things first and then ask yourself;
  • Is freelancing the right choice for me?
  • Am I ready to give up all my free time even though my pockets are empty?
  • Would you rather have more free time and empty pockets.
  • Or less free time and more money in your pocket?

Comments

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Lynne
I want more money and I want more time to be with my kids LOL.

I could never work a 9-5 again so no having a job is not for me. I don't think a regular job is nice for a mom. Yes I have less time, but I can work that time around my kids needs.



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Corzhens
I can agree with more time for the kids. But with more money, I don't think it is that easy to achieve in freelancing unless you already know the ins and outs of online work. To be honest, my earnings right now couldn't even buy me lunch because I am spending less time in the internet. I guess more money requires more time.



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Everett
Well, I never really asked myself these questions in the past, or in the early stages of my "freelancing career". When I started out I just wanted to make as much money as fast as possible. I offered services for insanely cheap prices, done many different niches, and worked for hours on end to find that it was all for nothing. Then this is when I started to ask some questions.

Later down the road I found that my services weren't as great as I thought they were. I altered some and completely removed others. Then I later just stuck to one niche, and that niche now is basically programming. I feel most confident in the programming field, so this is where I put my focus. I'm trying to build to a coding empire for myself, or just a little small business..

I should've just did programming from the early stages and save myself all the trouble down the road. But if it wasn't for my trouble I would definitely not be where I am today.. that's for sure.



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Cristian
Apparently freelancing isn't for me because I answered Yes on all of those questions! Guess this is why I still have my 9 to 5 job and I'm not a full time freelancer.

Yes I want all that stuff, but that doesn't necessarily mean I'm not up to make some sacrifices to earn a little extra on the side. That's why I'm still freelancing! Problem is I'm probably want to do both and I'll eventually crash and burn, hopefully not so soon.



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vinaya
If you want to pursue a career in freelancing, the first question you need to ask is
"Can I sustain without income or a long time?"
Freelancing is something that does not guarantee you a pay check at the end of the month. Sometimes you are busy 12 hours a day and sometimes you don't have work for a week.
If you are just starting our, you need a reserve fund, if may take months before you earn your first money.



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mosesoscar
The catchy thing about freelancing is the ease and freedom that comes with it, accompanied by the fact that you get to make money doing what you love, the way you want it.
Freelancing is not a get rich quick scheme, you don't go into it and expect an instant boom. It's possible, but it's not always the case. Having this in mind should be a prerequisite for anyone who is choosing to go into freelancing. Are you ready to put in hard work, without getting anything out of it initially? Can you cope? Will you stay motivated?. These are foundational questions that intending freelancers should answer before venturing into freelancing.

And if the answers are in the affirmative, one is good to go. Freelancing is exciting, and with the right foundation, one is prepared for a ride



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