Issa Asad Explains How to Tell If Your Freelance Business Can Turn Full-Time
Freelance business gives a worker a certain level of freedom and satisfaction. But do you know you can turn that hassle into a full-time biz?
“When you love what you do with all the passion, chances are that when you dedicate it more time on it, you will reap big from it,” said Issa Asad Florida entrepreneur, businessman, and CEO. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. He is also the author of 4 e-commerce and marketing e-books that can be purchased on Amazon.
Here, Issa Asad Explains How to Tell If Your Freelance Business Can Turn Full-Time:
1. You have enough savings to sustain you and the business
Regardless of the type of business startup, things won’t be rosy at the beginning. Ready yourself for a gruel toil before realizing returns on your investment. That is not different for a freelance job; in fact it gets harder since input is equivalent to output. In freelance, your effort dictates the productivity. So if you are the lazy head, be sure to trip and fall by the way side.
Never mind though, there is always a solution to everything. Before making the critical decision of going full swing, make sure you have enough savings to cushion you from uncertainties. Ensure that what is in your savings account covers the expenses for three to four months ahead.
2. Have a robust portfolio of upcoming projects
Develop a pipeline of your portfolio and create a schedule for your work in the next two or three months. Freelance is tricky and could get messy if you are not a good planner. Organize your portfolio to stay on track at all times.
Be sure to close enough deals with clients before deciding on going full-scale. If possible seal a contract with your client to give you a satisfactory level of confidence regarding the projects, emails also work. When you have a strong network of clients, it is time to soar like a lion as you take over the world of freelance.
3. Know how to bargain and understand your worth
As a freelancer, quality is what you sell to your client. Therefore as you negotiate based on your rate, ensure that you are the best! Shoddy work does not pay, never lie to yourself. If you believe in what you do and have recommendations from other clients, your road ahead is clear. Keep in mind the fact that you have some worth. Understanding your value gives you the confidence as you negotiate suitable terms.
Just to summarize, venture into full-time freelancing when you have savings to cushion you from uncertainties, when your portfolio is looking great and when you have recognize your worth. Simple as that, never make a blind move lest you fall into a ditch full and if you do, pick up yourself quick. That is how to tell if your freelance business can turn full-time.