If you have decided to be your own boss and embark upon a freelance career, you are certainly not the only one. The US has a staggering 58 million freelance workers and is on track to become a majority freelancer nation within the decade. Freelancing can have its risks, drawbacks, and pitfalls, but it also offers a lot of opportunities.
Freelancing gives you the chance to shape your own career, say no to work you don’t want to do, and be in charge of your own schedule. However, freelancing is only worth it if you have the skill and savvy to make a success out of it and get quality, high-paying commissions. For this, the right freelancing tips could be just what you need. Read our essential tips for new freelancers to find out how to get ahead as a career soloist.
1. Occupy A Niche
One of the best freelance management tips we can offer is to specialize soon and fast. No matter what kind of freelancer you are, you will have competitors offering the same services. That is why you need to find a niche that you can occupy so that you can offer something that your competitors are not. This could mean tailoring your services to certain communities or demographics, or it could mean helping people or businesses reach specific goals via your services.
2. Know Your Worth
One of the biggest freelance budgeting tips to keep in mind is to know your worth and do not cheapen yourself. When work is tight, it can be tempting to allow someone to lowball you. However, you should be sticking to your rate and not letting clients walk all over you. Be confident in your value and don’t let anyone start a bidding race to the bottom for your services. Once you have calculated your rate, be firm about it.
3. Manage Your Time
Whether it is a freelance coder or freelance artist tips you are looking for, time management is key to success. By definition, you will be juggling multiple gigs at once and balancing a number of competing responsibilities and tasks. Moreover, your different tasks with different clients will usually all be at different stages, making it difficult to keep track. That is why it is highly recommended that you use a freelance project management app that will allow you to easily track all of your work in one accessible place.
4. Keep Communicating
Successful freelancing is all about relationship building. This is why being an excellent and consistent communicator is one of the most important skills to have. Be transparent about your workload and pricing. Always be honest and communicative about your ability to meet deadlines. Be consistent in your dealings with clients. This will help you build lasting and lucrative relationships.
5. Say No
As a final pointer, do not forget the importance of saying no. You should, of course, be accepting work even when it is not ideal. However, there comes a point where you have to say no to a client, as any other response would cheapen your brand and make you vulnerable to exploitation. If something doesn’t sit right with you, say no. You will not regret it.
Did You Find These Freelancing Tips Helpful?
Did you find our freelancing tips helpful? If so, we have more for you. For expert insights on making it work as a solo entrepreneur, make sure to consult our practical business guides for actionable advice that you can trust.