When it comes to starting a business, there immediately seems like there is a ton of work to do. Most of the time, this is absolutely true. However, the one thing that you really need to determine is whether you want to go it alone before you jump in with both feet with your eyes closed. From deciding on a name for you new business venture, to getting the right tax and licences set up, there is a lot to add on that list that you need to write so that you can be done in time for the date you gave yourself to set up.
Getting set up as a freelancer can be scary. Let;s face it: you’ve been working full time for a company for a long time, which means you have a guaranteed salary and benefits. You have a set office location and set office hours and after those hours, you have your own time to worry about what you want to do with yourself. Despite all of those perks, though, you want to go it alone and forego the traditional career with a freelance business of your own. This can come from many reasons, from the flexibility to work for yourself, to potentially earning more money by working alone. But, how do you get started? How do you go from full time employee to working your own hours?
The first step is to define to yourself what your goals are. You need to know what you want out of this business idea of yours before you get started, otherwise you’re going to lose sight of what is most important to you. There are so many different types of businesses out there and you need to know whether your goals fit you in with your industry. Next, you need to move into finding a niche that makes sense for your skills that’s also profitable. What’s the point in going it alone if you’re not going to make any cash with it? You have to remember that you are working for yourself, which means you won’t be paid for sick days and you won’t be paid for days off – if you don’t work, you don’t earn.
Setting up and identifying your target clients is important if you want to be able to network effectively is important, and you can set strategic prices for your service that will help you to meet the need of the general market while earning a profit. You need to spend some time in the public eye, getting your brand and your name out there for people to see. While you’re doing this, learning how to pitch yourself to clients isn’t going to go amiss. Working for yourself isn’t something that you choose to do on a whim. In fact, you need to think about not mixing your priorities with your business.
Working for yourself comes with a lot of pitfalls, but it comes with a freedom and a pride that you won’t find with anything else. Working for you means being accountable to only yourself. You can do it!