5 Big Freelancing Headaches (and How to Solve Them)
Freelancing isn't easy, but if you know how to handle your challenges, you're all set to go! Check out the blog to know how to solve freelancing headaches.
There is a common misconception that freelancing is just a cakewalk. You are your own boss and can decide how much work you take on. And obviously, you have a lot of freedom. However, it is not always optimistic and trouble-free as it seems to be. Freelancing comes with its headaches. Here we discuss the 5 freelancing headaches and how to solve them.
So listed below are the five challenges every freelancer has to deal with.
1. Finding Clients
One of the significant headaches of freelancing is finding work and finding enough of it. The marketing strategy for freelancers is word-of-mouth, and the results are unpredictable.
Then the biggest challenge is that there is no one-time solution to the problem. It is a constant headache that will be knocking on your door time during your freelancing career.
So how to solve it?
Here are some easy ways in which you can have a steady stream of work:
1. Have a proper marketing strategy. You can even consider speaking to a professional about this.
2. Use testimonials as much as possible.
3. To display those testimonials, ensure that you have a dedicated website to show that you are reliable and worth their trust.
4. Spend time networking, updating your LinkedIn, and attending networking events.
2. Not having a steady stream of income
The most obvious effect of not finding clients in freelancing is another headache, typically called a feast-famine cycle.
The term means that, for one month, you have a lot of work and it is raining money. But the next month, you find yourself with hardly any projects, and your revenue goes low. It inevitably leads to the stress of making ends meet. But here is a solution. Check out the passive income ideas you can try while freelancing.
1. Have a financial plan to deal with contingencies. It includes appropriate and systematized investments and savings.
2. Constantly sell yourself and promote your freelancing profile in various marketplaces.
3. Try diversifying your earnings by taking up different kinds of projects. Read more about online businesses you can venture into.
As we discuss the freelancing headaches, it is essential to mention the financial and accounting issues. A financial settlement can be a challenge in freelance career development, be it a client asking for a discount or downright refusing to pay.
Here are some tips to help with this:
1. Ensure that you draw up a legally enforceable contract that sets out all the rights and liabilities of you and your client.
2. If it is a big project, you can get a pre-work deposit.
3. Use online tools that can help you track your payments and send follow-up emails with updated invoices.
4. Provide your client with diverse payment options to make the process easy.
Read more on how to strategize pricing to earn more!
4. Burnout and Work Fatigue
Having a successful freelancing career is not a simple task. It requires a lot of hard work, and hand in hand with this goes fatigued and burnout. Your mental health and personal relationships bear the cost of this.
But with just a few small steps, you can make a change.
1. Try automating tasks and, if needed, hire someone. You can let someone do the work for you, so you don’t have to do it yourself. With this, you can keep expanding and not get tired.
2. Make a schedule with adequate breaks. If you are using a timetable, then you can have a short-term and a long-term schedule. By having your day, week, month, and year planned out, you can give yourself some time for a break and re-energize.
3. Don’t take on more than you can do. Growing your business is essential, but not at the cost of your health and peace.
5. Feeling Isolated
One of the issues of freelancing and working from home is isolation. On days of a lot of work, you may even go hours without communication or interaction with another soul.
But there are minor changes that can help you overcome this feeling of loneliness.
1. Join a co-working space where you can be around other freelancers like yourself. Apart from helping you with isolation, it is also a great way to network and expand your freelancing business.
2. Now and then, change your place of work. As a freelancer, you don’t always have to work from home. You can work from anywhere. Make the world your office and explore.
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As you can see, you are not alone. These headaches are common in freelancing communities.
However, you can overcome any challenges just by making small changes that are not that hard to make. So take charge today and make your freelancing journey flexible and more joyful with changes.
Frequently Asked Questions
1. What is the hardest part about being a freelancer?
Being a freelancer is not easy. From organization to a lack of consistency in work, freelancing has its own set of issues.
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2. What makes most beginner freelancers fail?
Incorrect pricing is one of the most common factors that fails beginners in freelancing. A high price keeps away potential clients, and your freelancing business takes a dip even before taking off.
3. Is being a freelancer stressful?
Freelancing can get stressful, but it doesn’t always have to be like that. Since you are the boss, the reins are in your hands to make your freelancing life less stressful. So, take control of your work life and make the necessary changes to avoid burnout.
4. What is the major disadvantage of being a freelancer?
Some disadvantages of being a freelancer are:
1. No steady income
2. No job security or organizational benefits
3. No bonuses or paid holidays
4. Managing your payments
5. Difficult clients with unrealistic expectations