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rvwaveren | 7 years ago

I do roughly the same, and besides charging a high rate, I usually do only one project at the time for 2 - 6 months. With my clients I make a deal about my daily rate * number of days per week I will be working. I never charge more than that, except when I do a lot more work and then I communicate it in advance (or I foresee that the extra work is going over the amount of hours we agreed upon).

This is not applicable to every freelance job off course, but if you have the luxury of being able to charge a higher rate, you can make a decent living and enjoy your free time.

For years I was employed and worked 40-50 or more hours per week. I was devastating for my work/life balance, effectiveness at work and my happiness. Since I started freelancing a year and a half ago, I'm happier, work less and earn more. I spend more time with my kids and I am really (also mentally) present. I'm also in better shape (training for a marathon currently), and I'm more effective at work.

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rdokelly|7 years ago

Would you guys mind speaking a little on your path from salary to freelance? I want to make the jump but it seems scary and I don't really have anyone to talk to about it? How are you guys finding work?

vitaflo|7 years ago

First step, don't call yourself a freelancer, cuz you don't work for free. The word has connotations of "temp". A freelancer is someone you bring in for a 3 week stint. A contractor or consultant is someone you bring in for a longer project. It doesn't matter that these are all basically the same person, but perception matters.

Always make the relationship a business to business one. Don't get stuck being the "hired hand". Just doing the job isn't enough, always provide more value, get involved in their biz if you can. Don't work from home, work on site, "out of sight out of mind" is a thing, and is the fastest way for a client to see you as expendable.

The best way to find work is to build a network. The best way to build a network is to get a gig with a bunch of other contractors at it. Then work hard, and be pleasant to work with. Once that gig dries up, and all those other contractors go out to find new gigs, if they liked you, they'll recommend you for openings at another client. Rinse and repeat.

I got very lucky in that my first contract was a 6 month contract on a team of 15 other contractors (at a F500 company). That 6 months turned into a year and when the money ran out, I had a network of 15 other people to lean on. Since then I've never had to look for a gig, they've all come to me.

rvwaveren|7 years ago

I found it scary. I quit my job and became a freelancer without having a paying client. That was not the best path, but my job was on a yearly schedule. It was the choice between doing another year or quitting. I quit (because of various reasons). The first two months I did not have income, no paying clients and just a vague plan of what I could offer clients. Not very comfortable.

Background: I'm a product manager, but also did front-end development, business development, performance marketing and coaching in the past. So, in theory I could do lots of things, but product management was the thing I wanted to do.

The scariest part of becoming a freelancer for me was getting clients. I had build up quite a network in the startups and tech companies in my city (Netherlands) and that helped in getting my first client. Actually, the deadline of me quitting my job also helped in really taking the step.

In terms of advice, I think it best to be determined to start as a freelancer and put serious effort in the transition between full-time job and freelancer. Some things that help: - have some savings to have a financial buffer when you don't have a paying client - be clear in what you will offer and be clear in your availability. You can then use this to talk to your network, for example: I will be doing front-end development (React and React Native) from March. - having your first paying client before you actually quit your job

If you doubt about who to talk to, you can first just talk to people you know (remember: be very specific in what you can offer as a freelancer). Sometimes you can get clients in unexpected ways, from people you don't expect. If you have the idea that you don't know enough people, try to come into contact with people that are doing the same as you and already have some experience freelancing. If talking to people and networking does not get you further, maybe there are agencies that can get you clients (for a fee). Good luck!