My Biggest Fears Around Freelancing

THIS IS MY LAST WEEK AS A FULL TIME EMPLOYEE, YOU GUYS.

Quitting your job and saying to yourself “hey, I’m going to go it alone and see if I can be a successful freelancer” is bloody terrifying, tbh. Anyone who says they 100% knew it was the right decision and that they were completely worry-free in making that decision is a damn liar.

There are a lot of things to think about before taking the leap, and you can agonise over them until the cows come home or you can accept that it’s totally normal to do things that place you outside of your comfort zone. You can accept that every problem has a solution, and nothing easy is really worth doing.

And that’s my mindset, for now at least. I know full well there will be stress and tears and binge-eating chocolate to numb the pain of a lack of steady income and a third chase email for an overdue invoice. But I also know full well that there will be those great moments of feeling like I’m truly bossing it.

Here’s a few of the things that just ever so slightly *concern* me about being a freelancer, and the ways in which I am at least going to try to overcome the fear…

Income, income, income!

I’m not going to lie to you, I like money.  Or rather I like being in a position where I don’t have to think about it too much, that I get by and have enough in the bank at the end of the month to slide a few pennies over into the savings account for a rainy day. I know, my life is exciting af.

Going freelance means waving goodbye to a steady, reliable and consistent income and that is by far the scariest thing for me right now. Life ain’t cheap, rent ain’t cheap, food ain’t cheap and most importantly my comic book habit ain’t cheap.

Money management, from a business perspective, is not something I’ve ever had to do or learn about – so I better get clued up! I also plan on being more sensible with money and cutting back on unnecessary spending, as well as planning my outgoings better so I know how much I need in the bank and when.

The good news (if you can really call it that) is that I do have a bit of experience already in chasing invoices. From that experience, I now have a specific clause on my invoices to ensure clients pay on time. Otherwise, they simply have to pay more. Y’know, until I run into a situation where a client doesn’t pay at all.

Networking

I used to work in a theatre, and nothing made me shudder more than “networking” before or after a show. It always felt so forced and a bit “lardeedarrrr”.

As a digital marketer, I’m used to doing almost all of my socialising via a screen, so actually meeting people and trying to avoid being dull and talking about the weather is something I do struggle with.

However, networking events are also something I am a bit excited about now that I can go along as an actual real life business owner. I’m looking forward to meeting peers and even potential mentors…and clients of course!

Practice makes perfect, so I’ll be signing up to go along to as many local events as I can.

Knowing sweet FA about business

I really regret not taking business studies for A Level, but no one told me at school in the age of t’internet that anyone and everyone would be able to set up their own company. Plus, if we’re really honest with ourselves I deffo wouldn’t have paid attention in business studies class even a bit.

Despite this being one of my biggest fears i.e. OMG WHAT IF I MAKE ALL THE WRONG DECISIONS, it’s also the area of development I’m most looking forward to because I am a fully certified nerd and genuinely love learning new stuff. Any recs on business resources that make sense and aren’t all full of jargon would be much appreciated. I’ve joined a few super handy Facebook groups as well which has been a great source of info!

So there we have it chaps, my greatest fears around being my own boss and how I hope to overcome them!

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8 Comments

  1. September 14, 2017 / 11:52 am

    I freelance and I think that it’s perfectly normal to have fears. I had fears for a long time so I avoided taking the plunge into freelancing, but sometimes in life, you’ve got to take the risk. Just remember that freelancing is a journey and there will be ups and downs along the way.

    🙂

    Chichi
    chichiwrites.com

    • Cat
      September 14, 2017 / 10:34 pm

      Phew – I’m glad I’m not alone in having these fears! You’re so right about taking the risk though – if it doesn’t work out, I can always find a new job. Thanks for the advice!

  2. September 17, 2017 / 12:29 pm

    This is great – perfectly normal to have these fears believe me, but I have to say it is a great way to earn money and establish yourself so definitely worth working through those fears and just going for it! I wish you all the luck!!!

    • Cat
      September 17, 2017 / 7:44 pm

      Thanks Mila! Glad to hear the fears are normal!

  3. September 17, 2017 / 9:44 pm

    I am totally feeling this post! I went and still going through all of this! But somehow I seem to find inspiration and determination to keep doing it despite the disbelief and lack of encouragement of some family members.

    • Cat
      September 17, 2017 / 9:54 pm

      Thanks Mariella! I think family members naturally worry about the instability of it, but only you really know if your business is viable and on track!

  4. September 22, 2017 / 6:47 pm

    I think if you weren’t nervous there would be something seriously wrong with you! You’re going to be amazing as a freelancer and will be able to buy all the comic books in the world with all that dolla! Good luck!!

    • Cat
      September 24, 2017 / 5:41 pm

      Thank you so much, that’s such a lovely thing to say!

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