Freelancing, like any form of work, comes with a range of pros and cons. However, for the business professional, the upsides can have a hugely positive impact on your work and home life. In this article, we'll highlight the best things about working for yourself.
1. Unlimited Challenges and Improved Income
Any professional who enjoys the challenge of their work should get an extra kick from a freelance role. Making contacts, setting up deals, doing the groundwork and finishing the project are all on you. That generates extra satisfaction, and if your role allows for the opportunity, you can work on multiple projects and boost your income way beyond those in a salaried position.
2. Constant Networking
A freelance worker always needs to be looking for new business and contacts. Reaching out for new work, meeting leaders in your field and attending networking or industry events is key for a successful freelance career. This keeps you from being home-bound, it increases your range of contacts and can grow your experience and offering to make your services even more valuable to clients. As a bonus, much of this activity is tax deductible, to help keep your contributions down.
The big benefit of freelancing is not endless vacation time. The job can be as busy, often more so, than that of a full time worker. However allows more of those little breaks – time to see the kid's school play, time for a long lunch with a friend, or to search for new work. You can also save work for a slow Sunday, and do something more pressing instead, helping arrange your life more around your needs. There might even be government money to help you get started.
4. Being your own boss
Being able to say “no” to work, not having to answer over who had the last of the office milk or biscuits, and knowing the buck stops with you are just some of the benefits of being the one in charge. Many expert freelancers have seen their salaried careers stymied by useful or ineffectual managers, and have flourished when freed from those shackles.
5. Working with a range of businesses
As long as there's a high-quality, watertight, consultancy agreement in place, you can work with businesses of all sizes on projects ranging from one-day deals to those running many months or longer. Starting small and working up can help improve your standing and income, while expanding your horizons, with the legal safety net of the agreement as backup if events don't work out as planned.