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Very important! Though I'm not a freelancer myself I know a guy who was making fairly good money off one client. He knew he should diversify but it was always
by kybernetyk 13y ago
Very important!
Though I'm not a freelancer myself I know a guy who was making fairly good money off one client. He knew he should diversify but it was always "I'll look next month for other clients because I'm too busy right now".
Some time ago that said client stopped giving work to him. Now he jobs part time at the gas station to make rent and gets only small contracts because he couldn't build a client network while working for his only client.
- mgkimsal 13y agoAnd seemingly didn't save enough either. "fairly good money" means different things to different people, but keep your living expenses as low as possible. If, for example, your living expenses require a minimum of, say, $8k/month, you probably are going to struggle starting freelancing without $50k in the bank already (and sadly, few people actually have this amount of ready cash available to start make such a move).