Since 2016, successful entrepreneur Becky Catino has helped people in search of work find opportunities through the mobile application GigSmart, which she co-founded. Becky Catino created the app to help individuals achieve a healthy work-life balance through the freedoms provided by freelancing.
More and more full-time employees are considering making the switch to freelance work. While the benefits associated with freelance work are appealing, a successful freelance career requires a lot of work and careful planning. Here are a few steps to take before becoming self-employed.
Be financially prepared: Freelance businesses may not be profitable in the beginning, and it may take some time to get enough clients to cover all living expenses. It is advisable to put aside at least enough savings to live for 3-6 months to smooth the transition from a steady paycheck to less certain and less frequent payouts.
Get organized: Being a freelancer comes with many additional responsibilities, such as project management, accounting, and marketing. There are many apps and programs that can help self-employed individuals manage their project timelines as wells as write and track invoices.
Learn new skills: Continuous professional development is crucial in any profession, but more so for the self-employed, who must constantly demonstrate that they are highly proficient in their area of expertise. Thousands of courses in an array of subjects are available online, and many issue widely-recognized certificates and credentials.