I am planning these days to leave my full-time job and switch over to contracting. Since I don't have any real experience, so my thoughts might be irrelevant, n

I am planning these days to leave my full-time job and switch over to contracting. Since I don't have any real experience, so my thoughts might be irrelevant, nevertheless, I would like to share a few things I learned from other successful contractors in my area. 1. Don't do everything. Find a niche, something that you are good at and stay focused on it. 2. Before signing up for a project, make a guess how successful it will be. Having successful projects in your portfolio will help you grab new projects more easily. 3. Try to get initial projects through your personal network. This might help both parties develop some initial trust. 4. Favor longer projects over shorter ones. 5. Don't charge for the all of the project at once. Divide requirements into milestones, and invoice the client on completion of each milestone. You may agree or disagree with points above, I would like to learn what you think about them.