How can you transition from a corporate People Management job to freelancing?

That is true...but I believe before you transition, start up your business before you leave your corporate job try and land a few gigs first. This way you can test the market first and get paid in the meantime. After that you can go full out and leave your job. In most scenarios our passion overtake our emotions in our heads and we believe that we will make a success of it. Reality is that it does not always play out as we would hoped.

This has been my reality for half of 2023 and had I not been laid off from my work I wouldn't have done it now. For someone who is ready, I would say the transition demands meticulous planning and a proactive mindset. Assessing readiness is pivotal; beyond financial stability, it involves introspection regarding self-discipline, accountability, and adaptability. Being your own boss may challenge you and require you to show up more for yourself than any job or task has. Ultimately, the transition isn't solely about skills but about embracing change, fostering resilience, and proactively building a new professional identity.

Before making the leap, I took time to evaluate my readiness for the freelance world. This meant understanding the risks and opportunities, and ensuring I had the necessary skills and mindset. It's important to be self-motivated, disciplined, and ready to face the uncertainties of freelance work.

In freelancing, your portfolio speaks volumes. I started by collating examples of successful projects and initiatives I led in my corporate role. If confidentiality agreements allow, include these in your portfolio. It's also helpful to include testimonials from colleagues, managers, or clients.

To shift from a corporate People Management job to freelancing, start by showcasing yourself. Identify your special skills and who you want to help. Share this on platforms like LinkedIn or Fiverr. Connect at events or conferences too. Follow up with people, be professional, and deliver great work. When you do, ask for testimonials or referrals to keep growing your freelancing business.

Establishing a personal brand was crucial. I used professional networks like LinkedIn to connect with potential clients and industry peers. Creating a website or a blog to showcase my expertise and thought leadership in People Management helped in building credibility.

Financial stability is key when transitioning to freelancing. I ensured I had enough savings to cover my living expenses for a few months. It's also important to understand the basics of freelance finance, like setting your rates, invoicing, and taxes.

The freelance world demands continuous learning and adaptation. I found myself constantly updating my skills and knowledge to stay relevant. It’s also about adapting to different clients and projects, which can be very different from what you’re used to in a corporate job.

Here are some steps to transition from a corporate People Management job to freelancing: 1. Identify your skills and services. 2. Build a strong online presence. 3. Expand your network. 4. Develop a business plan. 5. Prepare financially. 6. Obtain necessary certifications or training. 7. Understand legal and contractual aspects. 8. Test the waters by taking on freelance projects part-time. 9. Seek mentorship and guidance. 10. Embrace flexibility and adaptability.

Personal branding is the biggest factor that can not only help but also enable you to start this journey. It will definitely help to bring confidence and also customers on your doorstep by showing who you are in real and what impact you can create. When you are confident with the decision, start slow by taking micro projects and start building your profile with brands. That will help to build credibility in your profile in order to attract large brands and audience.

Creating a strong personal brand is crucial when starting your professional journey. By showcasing your authentic self and highlighting your abilities, personal branding can help boost your confidence and attract customers to you. Starting with small projects and collaborating with brands can help build your profile and credibility, eventually leading to opportunities to work with larger brands and broaden your audience.

Networking is invaluable. I made it a point to regularly attend industry events and join online forums. Also, consider the legal aspects like contracts, and get professional advice if needed. Finally, remember to take care of your health and well-being, as freelancing can sometimes blur the lines between work and personal life.