Never Fear Going Freelance: Here’s Why!

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Written by Michael Foote, founder of Quote Goat, has over 13 years experience working in the finance, insurance and currency sectors.

Self-employment is a dream for most people. The ability to manage their own hours, their own workload and do something they love without being at the beck and call of someone else comes with a freedom that most would never get. For some, going freelance is a scary prospect! The thought of making your own income instead of having a steady one coming in from an outside company is a big step. People see self-employment as something that is gutsy because the unknown is generally something that people are afraid of. If you’re stuck in a job that you hate, though, you need to look at how you can get out of that situation and be your own boss.

Dispelling the fears about going freelance is the only way for you to have confidence to do it. From tax planning to planning your future in the industry that you want to work in, learning how to go freelance is not hard. You just have to want to grab the chance with both hands and step into the unknown. Strap on your bravery boots and check out the myths below:

Myth 1: A Full Time Job Is A Better Idea!

Job security is the myth here. We live in a world where unemployment is far too high, and the rate of redundancy is also too high. It’s up to you to realise that there is nothing permanent when it comes to the workplace. Your self-employment prospects, however, could be a permanent and very successful thing to do. Freelancing isn’t easy, nothing worth having ever is, but you have to try!

Myth 2: I Can’t Set Up A Business.

Why not? Really, why not? Setting up a business is possibly one of the simplest things you could do by yourself, and guides like this one can really get you understanding how to do it in the most idiot-proof way!

Myth 3: It’s Far Too Risky.

Anything is a risk if you haven’t done it before, but have you forgotten that most people freelance at the side of their full-time contract before doing it full time? You don’t need to take financial risks to start off with, in the same way that you wouldn’t leave your job with no lead to head into. It’s only risky if you’re not smart about how you manage it.

Myth 4: I’m Not Good Enough.

Being good at what you do means you’ll always be busy, right? Right. Your skills are what you are selling here, and this is why you have to take baby steps. Make your hobby work for your bank account and gather up as much of your experience as you can before you throw it into the world.

Going for a freelance role rather than a full-time position with benefits can feel like a big step, but let’s be honest here – it’s going to be about whether you can motivate yourself to get the work more than it would be about being scared. Go and grab your freelance life with both hands and learn to answer just to yourself!