http://insight-egypt.com/article/the-double-edged-weapon-of-freelancing/

Insight Magazine

January ‘18
In This Issue...

January ‘18
The Double-edged Weapon of Freelancing

To be your own boss, and to supervise your own work gives you freedom, sovereignty, self-determination, and a valuable experience. However, no work is free from worries and everything has pros and cons. If you choose to freelance, you might face a higher dose of stress, but you will gain the experience that qualifies you to be professional and trustful. Here are the perks and drawbacks of being a freelancer summed up.

    

You can take a break whenever you need, but it can be a waste of time.

You aren’t abiding by specific working hours or breaks. Your office is right where you are sitting, be that at home, a public beach, or a café. You have your whole day to organise as you want: you can sleep, work, or take a break depending on your personal schedule. It gives you the flexibility to work at the time when you are on your highest levels of productivity. However, this could be a cursed benefit because sometimes we get too involved in our daily activities to the point that we waste time. It is better for some people to have specific working hours as this can help them accomplish tasks faster. Manage your time, put an effective plan to follow, take breaks, and you might not have to worry about squandering your time.


You can control workload, but you still have to do all the work yourself.

As a freelancer, you get to decide on accepting or rejecting a project. You get to manage the load of work and reject any task you don’t feel comfortable doing. You may be forced to work on some projects that you do not like at the beginning, but then you get the luxury of choice. On the other hand, always remember that you have to fit in different suits. In other words, not only will you have to do all the work, you have to revise it, to contact the client, and to carry out any extra tasks. Besides, you have no one to turn to: you are the employee and the employer in charge. Another thing is you’re going to have to search for clients in the first place.


The pay can behigh, but it isn’t reliable.

One quality of being a freelancer is that you get to improve your salary because you receive full compensation with no taxes or fees deducted, which means you’ll get to accumulate any profits or extra expenses. Still this high salary will depend on the amount of work you’re assigned each month, it will not be a regular paycheck that hits your account monthly. Moreover, you will not have insurance or get paid during holidays or sick days. A client may also refuse to pay you if they do not like your work. Freelancing is a risky, unreliable job, so you should always be ready for financial deficiency and save up money to have a back-up plan if things don’t go your way.


You have freedom, but it’s limited.

Every one heads to freelancing because it gives you the freedom to work on your own terms, and decide whom to work with. However, sometimes people let their personal life interfere their work. They start turning down work because of personal issues, and turning away clients because they disagree with their own terms. Freedom here can have pros and cons that give you the pleasure of enjoying your work, but it can also curse you with the “I don’t have to” ego. Therefore, do not be fooled by the hypnosis of total freedom because most of the time, you have to abide by the rules set by clients.