In today’s world, more and more people are working for themselves. It’s actually predicted that by 2020, almost 50% of all Americans will be freelance. Think about that. HALF of us will be self employed! Either as freelancers, or starting a business. This notion does have many desirable qualities. Working out of your home, flexible hours, and being your own boss. But the truth is, all those qualities can also be obstacles. Working in your pj’s sounds fun, but it can be lonely too. Being your own boss is a dream, yet takes serious discipline. If you’re making a change, or starting a new chapter, here are some tips for going self employed with success.
1. Figure out what you love.
It sounds pretty obvious, but many times people start with the idea they want to work for themselves. Then, they have to figure what could be a lucrative or worthy choice. This is the wrong idea. One of the main tips for going self employed is it should stem from a desire to do something you love. Whether that’s writing, selling a course, real estate, whatever. Just make sure it’s something you could see yourself doing for a long time. Even when it’s not going perfectly.
2. Organize your money.
When transitioning to self employment, planning ahead is crucial. Not just what you want to do, but how you’re going to have enough money to live while doing it. Initially, income will likely go down, making normal routines varied.
So before venturing down the path of self employment, have a clear financial outlook ahead. Have a small emergency fund. Ensure that you have enough in the bank to start your business. Perhaps that means looking into getting a self employed loan. This is a good idea because it can give you quick access to money. It can also help you build up credit.
3. Adapt a routine and don’t get too comfy.
Many freelancers will tell you that one of the best tips for success is the same as the old cliche phrase. ‘Fake it till you make it’. This means, act as if you’ve already reached a big goal. Wake up, wash your face, get dressed and act as if you’re heading to work. Even if you’re only moving to a nearby desk or couch. Make your bed, maybe meditate.
Sometimes, that might mean leaving your safe zone all together. We all imagine that working out of home will be utter freedom. But sometimes all that freedom leads to serious procrastination instead of motivation. An easy way to dispel this? Ironically, leave your house! Go to a local coffee shop, or if warm enough, head to a park bench.
4. Grow a thick skin.
One of the most important tips for going self employed is to build up a business immunity. That’s not to say you can’t get upset or have the feelings. Because starting a new business or career path can obviously be quite stressful. But during this time, it’s imperative to stay cool and focused. It’s the only way to ultimately reach your goals.
Look at rejection, not as a goal crusher, but as a motivator to keep going. This is especially useful to writers, but you can attach this way of thinking to pretty much anything.