Above all else, it’s important to remember that your day job (and sole source of reliable income) is your number one priority.
Don’t do anything to jeopardize your full-time employment, as you still need it to sustain you while you grow your freelance business on the side. My in-depth post on how to avoid getting fired (and sued) when starting a side business is definitely worth a read as you get started with your freelance career.
There are a lot of no-no’s you’ll need to avoid, including:
Breaching any contracts or agreements you’ve signed with your employer.
Working on your freelance business during company time (seriously do NOT do this).
Using company resources, computers, or paid for blogging tools within your freelance projects.
And much more.
Now that you’ve got an understanding of how to start a freelance business, armenia phone number resources why I believe everyone (especially millennials) should be freelancing on the side. It’s been one of the best business decisions I’ve ever made, and it’s been by far my most consistent side business to-date.
I strongly recommend that anyone considering starting a freelance business or transitioning into being a consultant, begin first with freelancing on the side while still working full-time.
Here’s why.
Why You Should Start a Freelance Business While Working Full-Time
1. Testing Out Self-Employment Stress-Free
You need to build up a runway of clients and income already flowing in before you up and quit your job, unless you’re willing to blow through potentially a lot of savings or take out a line of credit to prop yourself up while you’re not generating much income with your freelance business or startup.
I’m all for calculated risks, so this one is simple to me: I need to bring in as much income as my current job affords me, or close enough to it (my personal rule is that my side business needs to generate 75% of what my full-time gig pays me), that I can justify quitting to focus full-time on client acquisition, before I even consider leaving.
By spending 10-20hrs/wk landing freelance clients and working on their projects, you’re going to get a very clear gauge on how much work it is running your own business. Bookmark these motivational quotes, because you might need them
Most importantly, you’ll be perfecting all of your business practices without the stress of needing the income – because you still have your day job for that.
Above all else, it’s important to remember that yo
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