Yes, you can do freelancing while having a full-time job. Many people choose to do freelance work on the side to earn additional income, gain experience in new fields, or simply pursue their passions.
Is freelancing easy?
Freelancing can be both challenging and rewarding. On one hand, the flexibility and autonomy of freelance work can make it an attractive option for many individuals.
On the other hand, freelancers are responsible for finding and managing their own projects, negotiating rates, and handling all aspects of their business, which can be difficult and time-consuming.
Additionally, freelance income can be inconsistent and may not provide the stability of a regular salary from a full-time job. Ultimately, the ease of freelancing varies depending on the individual and the nature of their work.
Those with strong time management skills, business acumen, and a solid network of clients may find freelancing relatively easy, while others may struggle with the demands and responsibilities of self-employment.
Is Freelancing Better than a Job?
My personal opinion is YES, a BIG YES.
Why ?
Well, currently, I’m making more than $10k per month. In 2022 I made approximately $120k.
Look at the screenshot. I received $94k + alone through Upwork direct contract in the last 12 months only. And another $30,000 I collected through other payment gateways. But Im not working on Upwork though, just using their direct contract system to collect most of my payments.
In 2019 I made $11k in the whole year
In 2020 I made $30,000 in the whole year
In 2021 I made $85,000 in the whole year
In 2022 I made $120,000+ in the whole year
Whether freelancing is better than a traditional job depends on the person who’s doing that. Freelancing offers the benefits of flexibility, autonomy, and the opportunity to work on a variety of projects.
However, freelancers must handle the responsibilities of running their own business, including finding clients, managing finances, and handling the stress of unpredictable income. On the other hand, a traditional job provides stability, benefits, and a regular salary.
The decision between freelancing and a traditional job will ultimately come down to personal priorities, such as work-life balance, financial stability, and career growth opportunities.
It is important for individuals to consider their own needs and goals when deciding whether freelancing or a traditional job is the better option for them.
Balancing a Full-Time Job with Freelancing:
Many people today are seeking ways to supplement their income and gain new skills. One popular option is freelancing, which can be done while holding a full-time job. In this post, we’ll explore the benefits of freelancing and provide tips for successfully balancing both commitments.
Benefits of Freelancing:
- Additional income
- Opportunity to gain experience in new fields
- Flexibility to work from anywhere and at any time
- Chance to pursue personal interests and passions
You can also read my ebooks there I already explained how to get more clients and improve your sales without any marketplace though. Check out Freelancing 3.0 here and The Confident Seller on Amazon. Both of the ebooks are great. You can also follow me on Quora there Im always sharing knowledge and answering questions about freelancing and digital marketing.
5 Tips for Balancing a Full-Time Job with Freelancing:
- Set clear boundaries: Set aside specific times for each commitment to avoid burnout and ensure that both your job and freelance work receive the attention they deserve.
- Prioritize tasks: Determine what’s most important for each day and tackle those tasks first.
- Communicate with your employer: Let your boss know about your freelance work and how it will not interfere with your job responsibilities.
- Manage your time effectively: Use tools like calendars, time-tracking software, and to-do lists to help you stay organized and on top of deadlines.
- Stay focused and disciplined: Avoid distractions and stay focused on your work to maximize productivity.
Some Disadvantages :
Here are some of the potential drawbacks or challenges of freelancing while holding a full-time job:
- Time management: Balancing two commitments can be demanding and requires effective time management skills.
- Lack of stability: Freelancing income can be inconsistent and may not provide the stability of a regular salary from a full-time job.
- Increased workload: Taking on additional freelance work can increase overall workload and lead to burnout.
- Conflicts with job responsibilities: Freelance work may interfere with job responsibilities and negatively impact performance at work.
- Conflicts with personal life: Balancing both commitments can also strain personal relationships and impact free time.
It is important to weigh the potential benefits and drawbacks of freelancing while holding a full-time job and make an informed decision that aligns with personal and professional goals.
Balancing a full-time job with freelancing is possible with proper planning and organization. By following these tips, you can enjoy the benefits of both commitments and achieve your personal and professional goals. See more about freelancing here
Remember, the key is to be organized, set clear boundaries, prioritize tasks, communicate with your employer, manage your time effectively, and stay focused and disciplined. With these skills, you can successfully balance a full-time job with freelancing and achieve success in both areas.