In a word: Yes.
But let’s start from the beginning here shall we?
What’s the first excuse that pops into your mind (or out of your mouth) when you think about going freelancing full-time?
Yep, that’s right:
“I can’t afford to.”
“It’s too risky – I have too many financial commitments.”
No matter how you articulate it, it all amounts to the same thing:
“I can’t go freelancing full-time because of a lack of money”
Now, I’m one of those purist types deep down who believes that too much money doesn’t make you happy per se. However, I’m also pretty damn sure that having some of the stuff does.
Of course it does!
Because with a healthy dose of money who else comes along for the ride? That’s right, Freedom.
In order to find out how you can afford to go freelancing full-time, first we need to get a small yet common preconception about money firmly out of the way:
The route to having more money in your life is not to coupon-cut and scrimp and save on essentials. I like a bargain as much as the next person but the simple fact is:
The world is full of money
Full of the stuff. Most of it flowing to individuals who think about how to get it a lot, but whom actually expend very little physical energy on acquiring it.
These people are just aware that there’s loads of the stuff out there and find clever ways to stand directly in front of the flow of it – arms wide open.
They reject the concept of exchanging their time and presence as the sole way of making money. They look at the world differently to the people working the nine to five grind.
You may have heard of this minority group in society before. They’re often referred to as ‘happy’ or ‘rich’ people.
Sometimes even both.
So if the world is full of money, why drastically cut back?
Sure, don’t waste money if you can help it. Nobody likes waste.
But more importantly than that, if you want to quit your day job and go freelancing full-time:
Implement additional income streams
Rather than spending your time thinking up ways to cut back (and therefore dwelling on scarcity), put your precious time to good use by finding out different ways to create streams of income.
There really has been no better time in the history of civilisation for you to access this sort of information – and be able to afford to implement it.
This is where the work comes in
(Hey, I didn’t say this would be without some work!)
Because I’m not talking about Googling ‘how to make money online.’
I’m talking about investing in your own personal development, your education and your future. I’m talking about putting in the time to learn (and live) whatever it is that gets your heart pumping faster and your bank account heavier.
You need to be creative about this and you need to be proactive.
You’re probably already building your freelance career one brick at a time. You’re likely building a solid reputation, establishing a portfolio and seeing some sort of income from it.
But what all those freelancers out there who are killing it may not mention is that in order to afford to go freelancing full-time, you need to build other sources of income too.
As Einstein put it, the definition of insanity is “doing the same thing over and over again and expecting different results.”
So be unorthodox. Be unconventional. Be creative. Be risky if you like. But don’t be insane according to the above definition.
If you want to go freelancing full-time or perhaps start your own business – if you need to make more money, time, or anything else – do something different to what you’re doing right now.
Build up different income streams, however small to start with, so that you’re not relying on just one company, one client or one pay packet.
Going freelancing full-time means taking charge of your own income. Then, and only then, can you live life on your own terms.
It’s more flexible this way and, contrary to popular belief, much less risky than having a full-time salaried job.
Just one more thing:
Don’t put it off. Start now.
After all, now’s all we’ve got.
photo credit: x-ray delta one