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Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

terribleminds.com

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Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#3
A lot of this essay reminds me of the beginning of a startup. When days are long and sleep is optional and sparks are flying and people expect you to have cleaned the toilet because you've been in all day. (Except you've been sleeping, because you were up til 10am coding.)

The difference is the endless hand-to-mouth treadmilly cashflow problem transforms into something... well, similar and yet different, but I found it a lot more palatable than the idea of constantly writing blog posts for Calacanis^W^W^W^W^W chasing clients for tuppence a time.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#4
Yup. Everything he says is true. I've been self employed for 10 years and it never gets easier. I'd even say it gets harder every year. And I don't have a family or a mortgage to deal with, I can't even fathom trying to support a family as a freelancer.

Oh and try applying for a job after only ever being self-employed. That one is fun

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#5
Just for once I'd like someone to write something about X without using the conceit that all instances of X will be immensely similar to the author's immediate experience with X.

Everybody is different, significantly so even. They have different personalities, different educations, different ways of working, different skillsets, different passions, etc. That's why people have different jobs, different hobbies, different friends, different ways of living, and why people do their jobs in different ways. Saying "freelancing will be like THIS" is about as silly as saying that if one were to start painting their experiences would be identical to Van Gogh's, or Michaelangelo's, the likelihood is comparable. I've seen people of equivalent intelligence, equivalent education, equivalent cultural backgrounds doing the same exact job for the same exact salary and having experiences as different as imaginable. Working in completely different ways, generating completely different results, taking completely different degrees of personal satisfaction from their work, working different hours, and having completely different levels of work-related stress.

That's humanity for you. There's a huge degree of diversity out there, and that's true in every career path, don't insult us by pretending that freelancing or working a cubicle or any other human experience can be summed up in one tidy little package with minimal deviation.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#6
I'm an independent consultant.

I live within my means and never worry about money, much less have cash flow problems. Considering I get to do what I love in the process, every day is like Christmas when I put it in perspective.

I have health insurance. It's actually cheaper than what my contribution was the last time I had it "provided" as a benefit, for about the same coverage. Being part of a big risk pool is nice, but at least hedging against catastrophe with "self employed" insurance is too cheap/easy not to take advantage of.

If you don't make time, you'll never have time. The author seems to be falling into the all-too-common trap of equating long hours with productivity. You can find yourself on that soul-crushing treadmill regardless of whether you drink your morning coffee at a cafe or in a cubicle.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#7

Just for once I'd like someone to write something about X without using the conceit that all instances of X will be immensely similar to the author's immediate experience with X. Everybody is different, significantly so even. They have different personalities, different educations, different ways of working, different skillsets, different passions, etc. That's why people have different jobs, different hobbies, differ…

You're absolutely right but like all opinion pieces I don't think it's meant to be taken as "advice". While some of it touches on real problems it's really just a bit of tongue-in-cheek fun.

Leaving aside the subject I really like the writing in this post. He created some great imagery. Good Friday reading.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#8
One way to bring about a modest, regular payment is to not consistently withdraw almost everything you're bringing in. If you're getting paid to a business account, set up a small, regular transfer (even just $100 or $200/wk) when you're starting out and make that your dependable payment rather than getting $2k one day and nothing for the next couple of months.

Renting a desk in a shared office space can always help give you regular hours, social interaction, some networking opportunities, etc. (I currently rent a desk to a freelancer and have another space free - Adelaide, if anyone's interested.)

The rest is not unlike that stated. You have the freedom to get away for a holiday, but there'll be no one running the show while you're away. If you're big enough to have a couple of staff, but not big enough to have someone doing your accounts, prepare to get bogged down with tax, super, billing, etc - it's hell.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#9
> All life is work

So better make sure you enjoy your work! Otherwise doing more of it is going to make you feel miserable. Just like there are employees that are unhappy in their jobs because of the nature of the job so it happens that in freelancing if you don't like your job you're going to feel bad. Especially if you are doing more of it...

> The hunter lives in a hard world

Yes, but when you are kicked out, laid off, fired then work divorces you. Employment is paper-thin security, you are basically living at the whim of someone else. As a freelancer if you are not 'pipelining' your work you are doing it wrong. You need to set up your rates so you can afford some slack (you are that good are you?), and then you need to push a little bit too much work in to the pipeline working prospects and turning them in to customers. Over time you will find yourself with a portfolio of customers. Periodically you review them and you raise your rate in those cases that you'd rather be doing something else. As a freelancer that is good, work finds you.

> weekly paychecks are a luxury

Yep. So a freelancer saves. If you don't have the attitude that will let you save half of your income on the spot for taxes and rainy days freelancing is not for you. Suggest you get a dayjob in stead until you close the hole in your hand and you can plan ahead a couple of months to a year.

> Also a luxury: heartburn meds and that spleen transplant you really need

I have been self employed for as long as I care to remember and have on occasion paid cash for an operation I needed, but now have state required mandatory health insurance. Things actually got cheaper for me. This will vary country to country, and in some places it's really hard to find decent health coverage as a freelancer. But there are ways around that. Incorporate a company, hire yourself and your spouse as employees and sign up for a package with some health insurance provider.

> Hey good luck with that mortgage

Freelancing requires you to be in control of your own funds to a much larger extent than a day job will give you, and banks have learned the hard way that lots of freelancers can't do that. So don't look at a bank to provide you with a mortgage until you have a solid track record. Meanwhile, nothing will stop you from working a bit harder, saving a bit more and buying that house cash in 3 to 5 years time, staying in as cheap a place as you can get away with for the intermediate period.

> oh, and nobody else will get it either

So what. Who are you doing this for? Some audience? What do you care what other people think about you not having a 'job'?

> You might as well paint a face on a volleyball

Freelancing is the opposite of a lonely life for me! I've met more people than I would ever meet in a regular job. Freelancing has taken me all over the planet, caused me to meet some of the most interesting people. It's maybe time that you 'don't make money', but I've set my rates to compensate for that and am in enough demand that that still works out well. A bit of passive income doesn't hurt either, which is how a smart and savvy freelancers spends his 'idle time'. That way that time will still make you money in the future. $20 per day in passive income is definitely doable on a very low budget in terms of time invested. Much more than that will require you to work hard at a project for well over a year but that's something you will not be able to do in the beginning. Freelancing is a stepping stone to being independent completely, I think of it as a way to make money that has more freedom than a job will ever give you.

> So why do it? Because it's awesome

Then why bitch about it? I think the author should go back to a day job for a couple of weeks. Because if you really think it is awesome then any and all of the above is either 'speedbump' variety or lack of success.

Oh, btw, I did get that mortagage. Maybe find a better bank? The tax break made it worthwhile, otherwise I would have saved just a bit longer.

Re: Want To Be A Freelancer? Just Punch Yourself In The Face, Instead

#10
One item I disagree with. You are a freelancer, but you are also a company. You are employed under whatever name you are doing business as. If you don't have a business name, then it's just your own name as a sole proprietor. You can give yourself a real work history and paychecks, just like you would be receiving by working for any other company. Whatever is left over after your regular paychecks you can give yourself as a periodic bonus. Of course, if you don't make enough money to give yourself regular paychecks, or those paychecks are small, then you aren't making enough to convince a bank to give you a loan for a house.
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