Working as a Self-Employed Freelancer Part One

One Foot in the Gravy

Working as a self-employed freelancer

You’re an expert in your field. You’ve read about people with less experience than you who are consulting for $100 an hour. You do the math, and immediately quit your $45 an hour job to make more than twice as much money. Two months later you find yourself begging for your old job back; the wife and kids are tired of living on peanut butter and jelly sandwiches while you beg the local food bank for just one more exception. Eventually you find a firm that will take you on as an apprentice. What went wrong?

Lack of preparation for one thing. You quit without talking to your current clients about following you. You quit without building a “war chest” to sustain you and your family until the big bucks begin flowing in the door. 

$45 x 2 =$80

For another thing, your math sucks. You cannot possibly bill eight hours a day, five days a week. You need to take