“July Income Report: $0
August Income Report: $150
September Income Report: $900
October Income Report: $190”
The fear of inconsistent or no income in freelancing is real. And it doesn’t help that every other blog around you pulls in 5-6 figure monthly.
All this to say “Your fear is nothing to be ashamed of and should be turned into a strength instead.
HERE IS HOW TO OVERCOME FEAR AND QUICKLY TRANSITION INTO FULL-TIME FREELANCING
- Face your Fears: because no one is going to face them for you. Face your fears because what doesn’t kill you makes you stronger. Face your fears because it’s the first step to getting anything done. Like,
- when you first applied to study your dream course in your dream school
- when you first said “Yes” to Will you marry me or if you are male, you get the drill …
- when you first thought of the possibility of freelancing
- when you overcame your fear of clicking this article to read about overcoming your fear of going full-time with your freelancing
- Write the Pros and Cons:take a plain sheet of white paper and divide it into two columns. In the first column, write the pros, that is, the benefit if you go full-time. This is the most obvious thing to do, yet only a few people take the time to do it.
Aside from writing the benefits in the Pro column, also write out the possibilities. The reason is, many times we try to be humble and not list out all the things we could possibly achieve if we put our all into a project.
There is an invisible scripts that is so embedded in us, we don’t even question it. We are afraid that we will set the bar too high and fall short.
Well, it’s better to raise the bar and deal with the possibility of attaining-even surpassing, than lower the bar and never truly realize our full potential.
On the other column, state the cons of going full-time. This column will hold your fears and doubts. Every little detail that you could possibly think of.
- Decide if the benefits/possibility is greater than the risk:life is about taking risks – so they say but maybe because they have no dependents, mortgage and phone bills.
Instead take calculated risks like Sir Richard Branson before going full-time with your freelancing.
Take a good look at your possibility [Pro section] and decide if its greater than the risks involved.
In my practice of this exercise in different cases, there were two results:
Result A – PRO
- I felt powerful. As if nothing could stand in my way. All of a sudden the fears holding back seemed surmountable and solutions presented themselves
Decision: Pro was greater than Con
Result B – CON
- I was scared. The possibilities was exciting, yet I couldn’t ignore the risks. But I didn’t want to spend the rest of my life wondering what I could do but didn’t do.
Decision: I progressed slowly, convinced parties involved that it would be worth their while if they believed and supported me. Pro was greater than Con
- Be Prepared:Going full-time with your freelancing doesn’t have to end up with you worrying or depressed.
Here are five down-to-earth questions that help you prepare for the world of full-time freelancing:
- Is transitioning full-time the best course of action at this point in my life?
- Do I have enough savings to last three – twelve months?
- Do I have a solid network of friends/professional relationship that I can get referrals from?
- Where do I see my freelance business in 3, 5 and 7 years? As a freelance business with one-off clients or as a full-fledged business with team members and a fully-functional sales process?
- If this doesn’t go as planned, what is my Plan B?
For many, going full-time is a life altering decision and you have to be ready with invisible scripts to defend yourself.
If one day you are putting a course together and you get stuck, it’s easy to procrastinate and say you will do it later. But because you are already armed with your invisible script, you can pick a better response.
Without Script: I’m exhausted, I just want to quit
With Script: Reaching out to new clients on Tuesdays is a must, whether I feel like it or not
There is so much to enjoy in the world of full-time freelancing including the freedom to work anytime you want, invest your time and energy where it matters most and getting recognized for the work you do.
Note: You don’t have to go full-time to enjoy all the perks of freelancing, plus, the decision is not cast in stone. You can always change your mind.
Are you a full-time freelancer? What has been your biggest hack, benefits or challenges?
Would love to read them in the comments and don’t forget to share this post!
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