Do you keep dreaming that you quit your job and go freelance? Welcome to the club! Most of us would love to become a freelancer, but are terrified to take the plunge. If you’re also wondering is freelancing worth it, consider these top reasons why you need to quit your job and consider going freelance.
According to a report, there are around 60 million freelancers in the US today and it is expected to increase dramatically in the years to come, with an estimated 50% becoming solopreneurs in the US by 2023. If these statistics have not still convinced you, consider the following reasons why freelancing is not just a fad but rather will be the norm for many people.
The Internet is also on the side of freelancers, throwing up umpteen number of business opportunities in various fields along with several sites that can help you create contracts and invoices for your solopreneurship. So, let’s see what is freelancing meaning and why you should consider it.
Quitting Your Job and Going Freelance
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Being Stuck in an Uninteresting Job
Are you stuck in a job that you hate? Do you wish that you could get out of your present job and find something better? That’s an excellent reason to quit your job and go freelance instead.
- When to quit your job to freelance? When you feel stuck and unfulfilled in life. It makes you want to get out and escape from the mundane grind of your daily life.
- You want to do freelance jobs that interest you, but still be able to bring in the bread to the table.
- With freelance projects, you can fulfill your purpose, the belief or cause that is closest to your heart. You can connect with your core talents and strengths and amazing things could result from it.
- By finding freelance work, you can connect with what is important to you, become the person you want to be and make the kind of impact you are dying to make, if you quit your job and go freelance.
Read: 10 Clever Ways to Keep the Kids Busy When You Work from Home
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Finding Your True Calling
Even work could be play if you find your true calling in life!
- Most successful people are ones who consider who they are, what is their true calling and have the courage for quitting your job and going freelance.
- You have some exceptional skills and aptitudes and are unique. You cannot die with your music still within you. You cannot spend your entire life responding to bosses and bills and not take the time to do what you are really meant to do.
- How to be a freelancer? Your job is to discover that wonderful thing you are capable of and throw your entire heart and soul into this freelance work.
- What is freelance work? Follow your heart’s desire, which is something special and unique to you and only then you can truly be happy and fulfilled. For instance, if writing is your passion and you always wanted to be a popular, published author, you can start a freelancing writing blog, find a good publisher, negotiate and get on that best seller list in no time at all!
For instance, if you love designing but only do production work at your job, all your other designing talents are left undiscovered. You can utilize these talents and get more job satisfaction with different types of freelancing, such as, full time freelance writing jobs, freelancing IT jobs and so on.
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Quit Your Job and Go Freelance: Job Security is a Myth
Even if you work for the US Government, there is no job security and that’s the bitter truth!
What if you don’t want to work the best years of your life starting at a low level in a huge corporation and working your way up to the top, spending your entire life in the process?
- Job security is a myth, as it is someone else and not you who makes the decisions of hiring and firing.
- How can you control your life, career, finance etc. when someone else is in control and can fire you any time? You do remember 2008 and 2009 when the stock market crashed and well established organisations like GM and Bear Stearns were bankrupt and firing their employees!
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Freedom/Independence
It has been generally accepted that freelancing jobs for beginners offer you more freedom and independence in life. By going freelance full time, you’re your own boss, when you quit your job and go freelance.
- You don’t have to fit in with a company culture or its work schedule any more, as there are many clients out there wanting to get a freelancer.
- By quitting office job, you can work at chosen hours and time of the day.
- You can choose the kind of work that you like and want to do.
- You can select whom to collaborate or partner up with.
- You can also choose the volume of work that you take on and the location from which you work.
Note: According to a research, people working over 50 hours in a week suffer from mental and physical problems.
- Freelancing gives you the freedom of selecting work that suits your talents, needs and strengths.
- You get to take as many breaks as you need or want or exercise at your convenience.
Also See: 75 Superb Ways to Make Money Without a Job
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Working from any Location
This one is an absolute winner! No two opinions on it.
- You have little time for yourself if you need to commute long distances to your workplace. The better option is to quit your job and go freelance.
- Freelancing helps you to lead a laptop lifestyle. You get immense freedom, as you can work from any location. You can work on your laptop from the local coffee shop or while on a vacation in Australia.
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Flexible Hours
This is one of the biggest reasons to go freelance.
- You can work at whatever time you choose, no more 9 to 5 regimes for you.
- You can sleep up to noon if you wish and then compensate later by working late, if that’s what you prefer.
- You can take the weekend off if you wish, in case you quit your job and go freelance.
- You can choose the most productive hours of work that suits you and don’t have to follow regular business hours.
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Learning Opportunities
A 9 to 5 job is a routine one where you keep repeating the same work for years.
- With a freelancing job, you can get more information and better insights for managing money, time and your business along with learning about the specific service that you are offering.
- It brings in an adrenaline rush that is associated with learning and trying out something new and interesting.
- You will develop skills in marketing, networking and planning if you quit your job and go freelance.
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Financial Freedom
If you go about it the right way, you could end up making more money in freelancing than from a regular office job. This is because you get to keep all the profits for yourself.
- It gives you financial freedom, so you no longer have to cut back on your lattes!
- Freelance business is a gold mine and can help you generate more income, especially with so many internet communities like Subreddit, spreading up around financial independence.
- With freelance business, you can control your income and your expenses, so you are in a position to achieve financial independence much faster.
Read: 10 Best After Retirement Business Ideas for Seniors and Retirees
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Better Family Life
As a full time employee, you may not have much time to spend with your family and friends.
- There are no regular or fixed office times, so this allows you greater flexibility to spend quality time with your partner, family and friends.
- You can reschedule work for a later time even at the last minute.
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Office Politics
Most workplaces are filled with office politics, which can cause a lot of unpleasantness and frustration.
- As a freelancer, you don’t have to deal with any office politics. Workplaces can sometimes turn toxic, with many personality clashes and power struggles taking place in large organisations.
- You are not connected or tied down to any one company or one boss, so you can remain detached from such issues and lead a peaceful life.
Last Word – Quit Your Job and Go Freelance
Having gone through all the reasons why you should consider freelancing and quit your job, it goes without saying that it’s not always smooth sailing. It is important to market yourself efficiently, learn about bookkeeping, taxation and the like and motivate yourself to work hard.
There are many types of freelancers, such as freelance designers, writers or freelance consultants. No matter what type of freelancing you do, you are offering some service to clients. You need to save up a certain amount of money to get started, get some testimonials and decent reviews and do a thorough research of the industry before you step in.
There is no best time to go freelance and there is no time like the present either. Consider all the positives of freelancing and figure out how to handle a full time freelance career with ease. In short, if you are a self motivated person, you like to follow your passions and want to be your own boss, freelancing is right up your street. Well, are you up for the challenge?