Moving from a 9-5 job to a freelance professional can be a little scary, but it can be a life-changer. Many employees are quitting their jobs and shifting to a freelancing career full-time for good, especially Millennials. Millennials often see freelancing, starting your own company, or growing your own business as the new norm. Now, working for a corporate is no longer a common professional path.
According to the report, individuals want to be their own bosses. There is no secret that employees want greater flexibility, work-life balance, and control over their working environment in this digital era.
If you are looking to transition from working full-time to freelancing, then here are seven steps that you can follow to start freelancing from scratch and go full-time.
1.Research your niches and potential clients: The first step is to start doing your research before jumping to a freelancing career. Estimate whether freelancing is a good idea for you or not. After estimating, you can assess your own skills and the demand in the market because that’s how you fill the gap.
2.Find the right platforms to fetch clients: Freelancing platforms provide a place to find potential customers. Therefore, finding the right platform to fetch clients is really important. If you want to maximize your earnings and start your freelance job, Truelancer is the simplest and most effective platform for approaching yourself global top clients with high-paying- paying tasks. There you can create your profile by providing all information that your potential clients want.
3.Plan and organize: Planning is one of the most crucial aspects of freelancing businesses; you must specify the services you intend to provide in your business, this is the foundation of your company. Research and figure out market demand, then learn strategies to implement. As you will be working alone, you need to learn how to handle everything in your business from accounting, marketing, and sales to customer support. Be open to learning new skills or upgrading existing skills to upgrade yourself.
4. Budget your income and save taxes: Budgeting is one of the most difficult parts. Consider what you believe your time and labor are worth when determining your fees. Consider how your experience, abilities, location, value, industry, and other factors influence the amount of money you can charge. There are two common pricing types- hourly pricing and project-based (fixed rate) pricing.
5.Use your network to find potential clients: You may be aware of the significance of networking. When you first start your freelance business, the people you know through your connections will be one of your most valuable assets. They may look for your services to offer and link you with experts who can benefit from your expertise. Therefore, build a good relationship with your networks to grow your businesses.
6.Build your brand and promote yourself: Apart from freelancing sites, you can leverage your social media websites to build your brand. You should be active on LinkedIn and Facebook groups because maximum clients are present on social media platforms. Depending on your industry type and work area, you may also build your brand on Instagram, YouTube, or other social media channels. By using these platforms, you can talk about your services and deliver the best service to your clients.
7.Built your relationship with your first client: Many experienced professionals, word of mouth can bring you your first few clients. Secure your first client, and build your relationship with all your clients. To build the best relationship, focus your proposal on your potential client’s requirements and answer the question effectively because every client wants to know why they should use you instead of another freelancer. Therefore, you need to be a crisp retort and very good at your skills.
Now you know all the steps of transitioning your full-time work to self-employment require a shift in mindset. Therefore, consider yourself a business owner.
While becoming a business owner may appear intimidating at first, it soon becomes liberating. You will discover that you have complete control over your work, your schedule, and the customer with whom you work. Begin to consider yourself as a business owner rather than an employee, because you are one!