Bonjour lecteurs! Deciding to go self-employed is quite common these days. It is so easy to work from home with the internet it seems very tempting to take the plunge. After having been blogging for a bit over 1 year and a half, I decided to try my luck as a freelancer. As we moved to Kent in February, I had to quit my job as a French teacher and decided that I would not look for another school. Instead, I worked 100% on my blog. Do you feel like you would like to do the same and be your own boss? We have here 11 Simple Tips to Maintain a Regular Income as a Freelancer. Going self-employed can be scary and full of misconceptions so before you are taking the big step, here are some things to bear in mind.
- The first mistake people do is to think that they will have a regular income. Just accept it will not happen! Some months will be quiet. But you can make your best to actually get me wrong 🙂
- It is wise to watch your cash flow regularly. Some people use separate accounts to make sure they have enough income each month to pay for essentials – Debbie at www.myboysclub.co.uk does so because she is fully aware that some periods can be less busy. It is normal!
- But it must not stop you to be proactive. The key to success is to pitch and look for new contracts at all times! I personally set myself a target to a minimum of pitches so that I am always on the lookout for new potential collaborations.
- Felling like pitching is sometimes too much work? We got you! Writing posts, editing pictures, promoting your work or even networking… The freelance life is full on so do not be too harsh on yourself if you sometimes do not look for new business. Make sure you do a good job and get as many clients as possible on a regular payment pattern rather than project by project. Saves time in client acquisition too – Joanne at www.joannebrady.co.uk
- Build a relationship with brands and PRs. In my experience, maintaining a Regular Income as a Freelancer is more than the number of your following. It is all about networking and who you know! So if you have a happy client, they are more likely to work again with you! – Kirsty at www.themoneysavingmum.com
- Work hard. Many freelancers might look like they are living the life on Instagram but la réalité can be not so sleek and luxurious. To maintain your income, work as much as is needed including early mornings, evenings, weekends and even when you are away on holiday if you need to! Victoria at www.lyliarose.com works pretty much every day.
- Do not be afraid to overwork. Oui, oui I use THE word. If your name is always out there and people are constantly seeing you, you are more likely to get new work. So do not be shy or too humble. Get your name out there! – Care at www.care-johnson.com
- Have multiple income streams. Do not rely only on your blog. You can turn into a VA. Are you amazing at photography? Maybe you can a bit of money on the side with your amazing skills? Whatever is your thing, go for it.
- Make extra money selling things you do not really need. eBay, Local Facebook groups… There are so many places where you can make some extra cash quickly by selling items that clutter your house! And when you are freelance you sometimes get some fab products. Once you reviewed them, pass them over to someone else 🙂
- Be organised and be prepared to have a positive mindset! If you are in it to win and show your enthusiasm, people will get to you! – Kelly-Anne at www.mimiroseandme.com
So, in other words, Maintaining a Regular Income as a Freelancer is full on! Be prepared to work hard if you want to make it through and be resourceful. There will be some months when it will not seem to work out but if you have the passion for it and love it, no doubt it will be one of the most fulfilling experiences! But do not think it is facile and you can make money within minutes.
And once you’ve secured a regular income from your freelance work, make sure to save up. It can help you in case you have a bad month or if you want to make a big investment. We recently bought our first house and I was surprised to see how much our place value has changed over the years when I visited SunLife!
I hope those 11 Simple Tips to Maintain a Regular Income as a Freelancer has given you some idées on how to feel rich again!
What other tips have you worked out over the year as a freelancer? Share your best ones with us 🙂
Aussi, let us know what makes you feel like a champion.
And if you are having a bad day, simply have a glass of wine… Or what is getting you going! Tomorrow is another day.
Check out our Blogging section too for more tips!
Disclosure: This is a sponsored post written in collaboration with Sunlife.