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Freelancing. To your specific questions: Optimizing work-life: When you can decide what kind of work you want to do, whom you work for, how much time you spend
by gregjor 3y ago
Freelancing. To your specific questions:
Optimizing work-life: When you can decide what kind of work you want to do, whom you work for, how much time you spend working, and how much you charge you can make whatever balance you want. You probably can't optimize all of those but you can optimize a lot better than when under the constraints of a regular job, or the stress of trying to launch a startup.
Stable income: Freelancing can provide a solid stable income if you cultivate long-term relationships, establish trust, negotiate retainer agreements, and charge enough so you don't have to work all the time.
Remote work: Free of the legal/cultural issues and expectations of regular employment you can contract with customers, then focus on solving their business problems. Customers usually don't care where you do that from as long as you communicate and deliver.
Recommended resources: I don't have any, sorry. The successful freelancers I know got out of the f/t job grind after years of experience in traditional jobs. You need marketable skills, good communication, domain expertise, and enough business sense to find your niche and negotiate fairly. You also need the instincts to avoid time-wasting, cheap, and toxic customers. I don't know of any shortcuts.
Key skills for freelancers: Really listen to the customer so you're solving their problems, not incidental technical problems. Reputation and referrals should become your main way to get work over time. Cultivate relationships, not just LinkedIn-style networking. You don't have to know everything or become the top expert, just more effective than average. Customers (and employers) very often aren't looking for the 10x person, they just want a 1X person because so many employees and contractors deliver close to 0x.
- mech422 3y ago>>Freelancing While I agree in principle it can often be easier to contract thru an agency. When freelancing I found I wasn't very good at initial sales, marketing, cold calling, etc. Collections also sucked and the lead times ("Net 90") large companies wanted really were onerous for a small independent. I found working thru agencies handled all that side for me (also, increasingly you can buy group rate insurance thru the agency), while leaving all the benefits!
- gregjor 3y agoAgree if you can find a reputable agency that adds value and get taken on. A lot of so-called agencies are really "body shops" who fill empty chairs, and outsourcing firms that fill a stable and treat their people like employees. If the so-called agency takes anyone on and promises to find work with no vetting, industry connections, or tech expertise I'd find a better agency. Having an agency represent you and do the marketing, legal, and billing makes sense, that's just outsourcing your non-billable time to someone more efficient at it. You're still freelancing with all the advantages and caveats I listed. 10X Management agency represents me. My opinions, I don't speak for them.