Like it or not, society is hurtling towards the ‘new normal’.
And in the post-pandemic era, many of us have been inspired to go solo and become self-employed. For some, the last year has inspired them to brave the leap and go solo. For others, they feel they can do better alone than in the 9-5 rat race. Others are hustling to make a living after being made redundant in a tough economy.
If you’ve been working in a salaried position for years, suddenly becoming self-employed can be a bit of a shock to the system.
On the one hand, you’ve got complete freedom, don’t need to answer to a boss you probably didn’t like anyway and don’t have to get involved in inane office politics.
On the flipside, you alone are responsible for generating enough cash to take care of yourself and your family – which is a sobering thought.
If you’re in this position and feeling a bit discombobulated, these three smart tips for self-employed newbies should set you straight.
1. Network online
Very few people like networking – even if they say they do. Standing in a nondescript hotel eating soggy sandwiches while you make small talk with someone spouting corporate jargon isn’t anyone’s idea of fun.
But if you are networking online through a platform like LinkedIn, you can get to know like-minded collaborators and employers from the comfort of your home, on your own terms. It’s a good way of finding work in a sociable setting and if you get on well with new connections, you can meet in person once you feel comfortable.
2. Don’t say ‘no’ too much in your first year
When you first start out on your own, it’s important to think about pricing, review industry rates and set prices that don’t undersell you or your skills. Unfortunately, some potential clients will try to talk your prices down – even if you know they’re reasonable, so stick to your guns.
That said, be prepared to compromise on the type of work you take – it’s highly unlikely that every contract will be to your taste right away and it’ll take a while for you to promote yourself and move into your ideal niche. For more sage advice and the chance to plug into a supportive network, why not subscribe to Freelancer Magazine?
3. Develop yourself
Professional development is a lifelong process.
And it’s one that you’re responsible for now that you’re self-employed – so once you accumulate some funds, make sure to set time and budget aside for some formal development.
This could be a business-focused online degree from a provider like ARU Distance Learning or some free vocational modules from Google. If time permits, perhaps you can also donate half a day a week for some pro bono charity work – you’ll be helping a good cause and you’ll pick up new skills to boot.
Related: 9 Steps to Start a Charity
This hattrick of hacks for self-employed newbies will stand you in good stead as you learn how to generate your own income and become financially self-sufficient – good luck on your journey!
