5 Key Insights for Thriving as a Freelancer

Navigating the Freelance Landscape: A Guide for Newcomers

For much of the past year, I’ve been juggling multiple professional roles as a teacher, tutor, and freelancer. When I left graduate school in 2014, the idea of freelance work was a mere flicker in my mind, often surfacing during moments of frustration with my dissertation. As I searched for employment, I stumbled upon a page from the Chronicle of Higher Education titled “The Alt Academic.” It was a revelation; I realized my struggles were far from unique. Many fellow academics, frustrated in their job searches, were desperately seeking ways to earn an income beyond the confines of traditional employment.

In a job market increasingly saturated with graduate degree holders, job seekers are finding innovative ways to market their skills. Freelancing, with its DIY flexibility, has become a viable option for many. According to Robert Guthrie, “Independent contractors have always been a big part of the U.S. economy, but the rise of modern corporations led to a decline in the number of farmers, shop owners, and craftsmen, with salaried, full-time employment becoming the norm. The 21st century, however, has brought with it the ability for employers to connect with employees as never before, new remote technologies, and social change, all of which are driving more Americans to freelance and contract work. Current estimates suggest that 53 million Americans are involved in some sort of freelance work.”

While my training in the Humanities didn’t equip me with a business acumen, I decided to embrace my skill set and learn the rest along the way. Here are five essential tips for anyone considering the leap into freelance work.

1. Know Your Skill Set

Before diving into freelancing, take a moment to assess your skills and abilities. Often, you can draw this information directly from your resume or Curriculum Vitae. When I began my freelance journey, I made a comprehensive list of my skills and contemplated how to market my writing, teaching, and research background in a broader context. The reality is, you can’t sell what you don’t understand. Knowing your strengths is the first step toward successful freelancing.

2. Conduct Interviews

As an academic, my instinct was to gather information, so I reached out to colleagues and friends who had successfully navigated the freelance landscape. Conducting interviews with those already in the field can provide invaluable insights. Discuss the nuances of self-employment, from setting up a website to marketing and bookkeeping. You’ll be surprised by the number of questions that arise once you start the conversation.

3. Know What You’re Worth

Understanding the value of your skills is crucial. When I ventured into freelance writing and editing, I researched current market rates and trends using resources like the Editorial Freelancers Association and the National Writers Union. Knowing the market rate for your services ensures you’re not only offering fair prices to clients but also valuing your own time and expertise. Under-selling yourself can impact both your self-confidence and your financial stability.

4. Pro Bono = No-No

While I wholeheartedly support volunteer work, it’s essential to recognize the value of your time and talents. Volunteering for causes you believe in can be rewarding, but it’s crucial not to overextend yourself to the detriment of your paid work. If you choose to volunteer, ensure it doesn’t interfere with your professional commitments. Find a balance that allows you to contribute without sacrificing your livelihood.

5. Set Boundaries

Freelancers often face unpredictable schedules, which can lead to burnout if not managed properly. It’s essential to establish boundaries around your work hours. Yes, you have valuable skills that clients pay for, but that doesn’t mean you should be available 24/7. Create a schedule that allows you to dedicate specific times to projects, and stick to it. This practice fosters a healthier work-life balance, even in the chaotic world of freelancing.

In conclusion, transitioning into freelance work can be both exciting and daunting. By understanding your skills, seeking advice, valuing your worth, managing volunteer commitments, and setting boundaries, you can navigate this landscape with confidence. Embrace the journey, and remember that every step you take is a step toward building a fulfilling freelance career.

Featured photo credit: Laptop, Woman, coffee via pixabay.com