Should I Quit My Agency Job and Start Freelancing?
There are moments when working for an agency can make you seem like your drowning in overwhelming tasks and feel like your freedom is limited in different professional aspects. Despite the stable income and perks your agency has to offer, you find yourself unhappy and wanting to pursue your passion by being your own boss. At this point, you eventually think about starting your career in freelancing.
Undergoing this transition can be quite an emotional journey. For this reason, it is important to first think about the various areas of your life that will be affected before arriving at any decision. Are you ready to let go of the consistent paychecks you’ve been receiving for the past years (or months)? How about the employee benefits you’ve been enjoying? Do you have a back-up plan in the event that freelancing doesn’t work out for you? If you’ve already figured out all the answers to these questions, then congratulations and best of luck in your freelancing journey. Otherwise, read on.
Freelancing is not for everyone which is why before jumping off ship, you need to assess whether or not there are certain compromises that you can make with your current agency. If you’re too stressed out with the workload given to you, find out if you could take on a role that requires fewer tasks. Once the agency agrees to this, take advantage of this opportunity to accept some small projects on the side while working on expanding your network. By the time you decide to pursue full-time freelancing, you will already have established a potential client base and you can start offering your services to larger projects.
Running a one man show will definitely require a lot of work from no one else but you. You might have escaped the reins of that one boss to be your own, but you will have to serve multiple clients and satisfy each of their demands. However, in freelancing, you are free to say no and set boundaries. When you decide to take on any endeavor, managing your clients’ expectations is key to being able to fulfill the project in your own ways.
Being a freelancer can bring you more money than you make at your agency job when you have the right strategies and deliver stellar services to clients. However, the path to achieving that is not easy. You need to find “anchor” gigs or projects that aim to employ you in the long-term to maintain a steady stream of income while undertaking different short-term assignments for increased earnings. Working on your own time doesn’t automatically mean less work for you. Ultimately, you have to double the hustle if you want to optimize your income.
With all these in mind, the decision to quit your agency job and pursue freelancing depends on you and your present situation. If you’re willing to take on the challenge of having more responsibilities on your hands but being able to do these in your own time and place, then freelancing is for you. Meanwhile, if the problems you encounter in your work are all agency-related and they’re willing to make a compromise with you, then you’re probably better off sticking around longer and just taking on several side projects.