Being your own boss is a dream that many of us have, but you’d be lying to yourself if you think that anyone can achieve it. It takes a lot of experience, dedication, and also patience to kickstart your life as a self-employed individual. There are a lot of responsibilities involved and you can’t be lazy if you want to keep your income consistent. You won’t get paid holidays and there’s no one to turn to or rely on if you start having difficulties with your job.
So in this post, we’ll be covering some of the most common challenges that you might face as a self-employed individual and how you can overcome them.
Finding work when it gets quiet
A big challenge of freelancing is being able to find opportunities for employment. As a beginner, you likely won’t have many opportunities available to you, but this can change if you’re willing to look around for ways to adapt your skills. You should also be looking for different places to advertise your skills. While building your own brand on your website is a solid way to get exposure, you should also be willing to register for services like Top Craft Market so that people can actually find you as well. This is a great way to gain more exposure and the more websites and services you’re on, the easier it’ll be to find work when things get a little quiet.
Dealing with an unstable income
One of the biggest challenges to self-employed individuals is coping with unstable income. It’s extremely difficult to make long-term plans and investments with your money if your money comes in waves or you have periods where you’re earning almost nothing. It can be stressful and it demands a lot of your attention if you want to budget correctly. If you find this too restricting then it’s important to try and stabilize your income. For instance, you should try to take on as many jobs as possible if you’re getting lots of job requests. You shouldn’t be too picky about jobs either; learn to take what you can even if you have the luxury of choosing who you work with.
It’s not about who you are now–it’s about what you can become
Far too many people think that becoming a successful self-employed individual means pivoting what you currently know or do. For instance, some people believe that a software engineer might have freelancing opportunities in website design and application development. While it certainly helps, there are plenty of success stories where people have completely changed their career path by following their passions. You shouldn’t let your current job or situation define where your self-employed career can take you. If you want to start a certain type of business or work with certain types of products, you can do it if you put your mind to it. Even if you fail at first, you can always learn from your mistakes and do better next time
Read next: 5 Feminist Dudes To Follow On Instagram