With the internet providing an abundance of potential jobs, many people are leaving their typical 9-to-5 employment behind and working from home.
Advantages of Working as a Freelancer
Working at home full-time lets you create your own work schedule, spend quality time with your family and, ultimately, gives you the potential to earn as much as your ambition permits. You can sleep in later, work in your PJs, and schedule appointments for you and your family when it is convenient for you. Plus, you don’t have to deal with weather, traffic, or a boss.
Disadvantages of Working from Home
Of course, there are a few disadvantages to working from home, too. You must have a lot of discipline if you want to earn enough to support your family. And, since you won’t have a set paycheck to plan on, budgeting is necessary. You also don’t have any health or sick time benefits, bonuses, or paid vacations. Distractions from family members can also prevent you from reaching your earning potential and work available is never a given.
Make the Best Use of Your Time
For the most part, setting up your office and online website or blog is inexpensive. However, maintaining your website/blog can consume many hours that can take away from the time you need to grow your business. The good news is that, just like the way companies outsource work to you, you can outsource jobs that consume too much of your time. For instance, if you are a freelance writer, you excel in writing articles, product descriptions, and content. However, overhauling a website and transcribing video and audio is not likely your specialty. Luckily, there are companies who provide transcription services to help you.
Growing Your Business
Starting any new business, whether it is a brick and mortar store or web-based, doesn’t fill your pockets with money instantly. It takes time to establish credibility and a following of regular customers/clients. The first year is the most crucial to your future success. Thankfully, there are several ways to drum up business. First, use the tools at your disposal. Placing ads on social media sites is a great way to get your name out there. You must also have a website with valuable content that identifies who you are, your achievements and your passions as well as your goals. This will allow potential clients to find out something about you, testimonials and the services you provide.
The Home Office
When you work from home, time is money. And, if you waste a lot of time trying to find your essential reference materials and supplies or have an insufficient workspace, it can cost you dearly. Luckily, this is something you can correct. Ideally, when you work from home, you should have a private space, preferably a room with a door, where you go to work. Just like at the office, you need a desk that has room for your computer and frequently used office supplies and files, with enough space left over to perform daily duties. If your work involves a lot of printing, you will need a copier and printer in one, a filing cabinet, and a sufficient source of light. Since you will sit for long hours, an ergonomic chair is not something you want to dismiss.
The Family Talk
Transitioning from the office to home for employment can make your family feel that, because you are home, you are available. From day one, it’s important to let your family know that when you close the door, you are at work. Of course, emergencies will happen, but hopefully, those will be few and far between. When you stop for the day, turn your computer off and exit the room.
Giving up your day job and making the decision to work from home can bring many rewards that benefit you, your family and your wallet. Use these tips to help make your venture a success.