Starting afresh or re-entering the workforce after a career break can be challenging, especially for women. Freelancing often emerges as a viable option, offering flexibility and diverse work opportunities.
Here is a short guide on things to remember and be prepared for before you embark on a freelance career.
Let’s dive deeper into the pros and cons of freelancing, the steps to get started, and essential considerations for success.
Cons of freelancing
Inconsistent work
Projects might end abruptly, leading to gaps in assignments and delayed payments.
Read more: How To Make Money As A Freelancer (By Not Chasing It)
Competition
Breaking through in a competitive market can be demanding initially.
Read more: Freelance Or Full-time? Here’s My Personal Experience To Help You Decide
Lack of job benefits
Traditional job benefits like insurance, paid leaves, or a steady income stream may not be available.
Read more: 7 Very Practical Steps For Successfully Negotiating Salary – For A New Job Or A Hike!
Adjustment challenges
A freelancer’s irregular routine might require time to adapt for those accustomed to structured work hours.
Read more: Considering A Freelance Writing Career?
Financial instability
Without a fixed salary, managing finances might be challenging, especially during lean periods.
Read more: A Guide To Mutual Fund Investments – For Women Who Want To Start Investing
Absence of guidance
Freelancers regularly work independently without mentors or managers to provide direction.
Read more: Sponsorship vs Mentorship – What Is Better For A Woman For The Advancement Of Her Career?
Pros of freelancing
Flexibility
Freelancers have the liberty to set their deadlines and work hours, offering more control over their schedules.
Read more: Flexibility At Work: Why Companies Hesitate
Diverse work opportunities
Exploring various roles simultaneously, from voice-over artist to Mehendi designer, allows for diverse skill utilization.
Read more: How Did Parvati Kurakula’s Love For Mehndi Turn Into A Business?
Creative freedom
Freelancing provides ample room for creativity, fostering a sense of satisfaction in one’s work.
Read more: 10 Compelling Reasons To Continue Blogging Even If Nobody Is Reading
Learning and networking
Collaborating with different people in various environments brings invaluable learning experiences.
Read more: 8 Reasons Why Women Should Collaborate With Other Women
Independence
Unlike traditional employment under a boss, freelancers are answerable directly to clients, providing a sense of autonomy.
Read more: The Young Professional Woman’s Guide To Investing, For True Financial Independence
Unlimited Earning Potential
The absence of a fixed salary allows for greater earnings based on the quantity and quality of work.
Read more: How To Become A Freelancer In India And Ensure Max Freelance Earnings
How to begin a career as a freelancer?
Skill identification
List your skills and passions—whether it’s photography, content writing, SEO, or even niche interests like trekking or nail art.
Read more: How To Upskill & Restart At Work
Self-assessment
Gauge your proficiency in each skill and research its market value and demand.
Read more: How To Improve Mental Health, Especially For Freelancers
Planning time and tasks
Allocate time for freelance activities, considering regular versus occasional projects and balancing diverse work roles.
Read more: Time Management For Freelancers – 10 Tips From My Personal WFH Experience
Building a professional portfolio
Develop a portfolio showcasing your expertise and seek feedback from industry professionals for improvement.
Read more: The Rising Significance Of The Online Portfolio In 2023
Self-critique and networking
Continuously evaluate and improve your skills. Utilize professional networks, and online platforms like LinkedIn, and spend time networking daily to expand your client base.
Read more: 8 Networking Tips For Successful Women Despite Gender Specific Challenges At Work
Essential considerations and tips
Client building
Building a clientele involves not just skill, but also the ability to sell oneself. Focus on communication and social skills to attract and retain clients.
Read more: 6 Simple Steps For Building Your Personal Brand In India
Research before diving in
Preparing thoroughly before researching freelancing opportunities is crucial. This approach helps avoid self-doubt and negative vibes due to excessive competition.
Read more: How To Make A Freelance Writer Pitch For A Career From Home
Persistence and networking
Dedication to building a network and securing a few initial projects before considering leaving a current job ensures a more stable transition.
Read more: 3 Reasons Strategic Networking For Women Becomes A Challenge
Conclusion
Freelancing isn’t just a job change; it’s a career shift that requires planning, perseverance, and continuous skill enhancement. It offers freedom, but demands dedication and strategic networking for long-term success.
By understanding the nuances of freelancing, women returning to work after a hiatus can leverage these opportunities to craft a fulfilling and flexible career path.
Recommended read:
Image source: CanvaPro