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3 Warning Signs You're Not Cut Out For A Freelance Career
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3 Warning Signs You're Not Cut Out For A Freelance Career

Dec 24 2013, 2:17pm CST | by

The allure of freelancing is ever so tantalizing: independence, control, flexible hours, and the freedom to create whatever kind of business you want, with a pot of gold waiting at the end of the...

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35 weeks ago

3 Warning Signs You're Not Cut Out For A Freelance Career

Dec 24 2013, 2:17pm CST | by

The allure of freelancing is ever so tantalizing: independence, control, flexible hours, and the freedom to create whatever kind of business you want, with a pot of gold waiting at the end of the rainbow.

But freelancing isn’t for everybody, and the sad truth is most freelancers struggle to cobble out a living, work under constant pressure, and put in far more hours than they ever imagined.

If this makes you more intent on being a freelancer rather than less, then congratulations. You’ve exhibited the first sign that you’re cut out to be a freelancer: relentless determination.

1. Can You Do Whatever It Takes?

It’s easy to say you have relentless determination, but another thing altogether to demonstrate it. Here’s a little story. When I was starting my career, I worked under a man who became one of the most successful entrepreneurs in the packaging industry. One day we were trying to move a very large band saw into the warehouse. After half an hour of trying to muscle it through a doorway, he completely lost his cool and grabbed the saw by the blade to pull it through the door. He cut his hand to the bone and ended up spending a couple of days in the hospital, but mission accomplished.

Now, I’m not saying a person has to go to this extent to be a successful freelancer. But right then and there, I knew definitively that this guy was not going to let anything get in his way. He applied that same ferocity, intensity, and single-mindedness to every business challenge that came his way. So the question is this: How far are you willing to go? Remember, when you’re freelancing, there’s no net, no backup, no bailout. If you like to play it safe, freelancing is a tough row to hoe.

2. Can You Always Be Closing?

In his famous Glengarry Glen Ross speech, Alec Baldwin presses his salesmen to always be closing, always be selling. It’s another over-the-top example, but the point is crucial. If you’re uncomfortable selling, you’re in for a rude awakening because clients have to be sold. No matter how nice you are, how competent you are, how brilliant you are, nobody is going to hand you business. You don’t charm your way to success; you sell your way to success.

This is why social media sites are a deadly trap for would-be freelancers. They encourage a mindset that says, if I just put out enough great content (whatever that means), if I just connect with enough people on LinkedIn, if I just accumulate enough Twitter followers, I’ll magically develop a client base.

Wrong.

Social media sites are useful adjuncts to a sales and marketing plan, provided you knock on a lot of doors, shake a lot of hands, kiss a lot of babies, and ask for orders. Otherwise, you’re just wasting your time.

More AllBusiness:
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3. Can You Put In the Hours?

Let’s suppose you have relentless determination and you love to sell. Is success around the corner? No, because there’s one more obstacle staring you in the face — a 60-hour work week. Remember, you don’t have a team behind you to balance the books, prepare taxes, design business cards, print business cards, set up phone lines, update computer programs, make copies, expedite rush orders, pay suppliers, and the 1001 other things that every business needs to handle.

Once the shine of independence and control wears off, freelancers are left with only the dull drudgery of carrying out thankless task after thankless task. Now, a lot of people thrive on multitasking and have the energy and enthusiasm to sustain them for 60 or even 80 hours of work, week after week, year after year. If you’re one of those people, my hat is really off to you because you have the ingredient that is so lacking in failed entrepreneurial startups.

A willingness to work covers a multitude of sin, and as Ashton Kutcher said recently, “I believe that opportunity looks a lot like hard work.” I believe he’s right. Even when freelancers are risk-averse and have below average sales skills, they can succeed anyway simply by putting in the time — not always, but often./>/>

Can you put in the time? If your answer is yes, it may be time to ditch the corporate time card and start punching your own clock as a freelancer.

Read all of Brad Shorr’s articles on AllBusiness.com.

Related Articles on AllBusiness:
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Filing Your Taxes For 2013: The Home Office Deduction Will Be Much Easier/>/>/>/>

For more great small business articles such as The Top 25 Home-Based Business Ideas and Keeping Your Business Ideas Confidential, visit AllBusiness.com and AllBusiness Experts. For local business information on 15 million businesses, be sure to check out InBusiness.com.

Source: Forbes Business

 
Update
2

3 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

4 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedie ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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