You will realize that freelancing is indeed fairly liberating. It is certain that you felt more than gratified once you left your old job and took to this new path. This is now the time that you will note that your career, financial fate as well as your future will all be in your hands. You will however realize that just like any other kind of entrepreneurship, there are a number of pitfalls that you will certainly find in freelancing. You will need a new set of skills as you seek to become a successful freelancer. You will learn more of these skills in here.
You will be needed to ensure that you have an income and expenditure account that is relatively current. You will realize that a good number of freelancers might take too much work that they end up failing to pay attention to the administrative part of freelancing. You will learn that it will be hard for them to keep accurate records of both revenue and expenses. You will then find them struggling to make sure that their records are in order once tax is due. There is a possibility of keeping away from such. Ensure that you have a record of all invoices that you send to clients. You will also need to keep all receipts for the purposes of tax deductibles. This will guarantee that you are ready for an audit too. This is now the time that you will find the use of an accountant. You will nevertheless need to remember that record keeping is your duty and not necessarily the accountant’s.
You will need a fairly busy calendar. It is always important for a freelancer to be exposed to new opportunities that will allow them to gain more skills and even contacts. This will bring about an improvement in the quality of work with a reduction in the workload. You will learn that a successful freelancer will have a calendar that is filled with seminars, workshops as well as networking events. An address book full of contacts will be much appreciated. A sound contact list will often be a great addition to the survival kit of the freelancer. Such contacts might be the ones that will be converted to being tomorrow’s clients. You might find that these will be the clients that will offer you one of the best pays.
You will require to get more books. It is important that you keep learning. This will easily mean that you will be able to develop new skills and even improve on the ones that you already have. A successful freelancer will most likely be a good autodidact. You will need to read more and more. Books that are beyond your comfort space will be the best for you. You will have to read more of the non-fiction books. Anything that will enhance your knowledge is good.