REASONS WHY FREELANCERS WILL FAIL AS ENTREPRENEURS

So you have stepped into the world of Freelancing with great dreams and aiming to be an entrepreneur in the long run. Freelancing has emerged as one of the most popular professions alluring people to pursue but as the saying goes “All that glitters isn’t gold.”

Freelancing is foreseen with a sense of freedom though, in reality, it is an insecure profession if you don’t play smart enough. Contrary to the general public notion that most freelancers fail due to a lack of skill or expertise here are the main reasons why you will FAIL!

1. Discipline is the Real Freedom

Freelancing is envisioned as freedom, working on your terms but oftentimes it leads to prominent mistakes which can be dangerous for your career.?

• Lack of Commitment

If you don’t put consistent time and effort to grow your freelancing business then your dream of achieving success won’t come. Just as a seed needs utmost care when implanted inside the earth for years till it grows into a magnificent tree, similarly you have to invoke yourself physically, mentally, and emotionally to build your business.

• Unorganized Schedule

Lifestyle changes in this path and habits tend to deteriorate if you don’t plan.

“If you don’t have a plan you are planning to fail.”

As I said, it provides freedom. Freedom allows you to explore in any direction. It has the potential to highlight your shortcomings, allowing you to work on them. The inherent danger is Freedom without discipline is your greatest Foe.

Solution? Again Discipline.?

2.No Personal Brand Building

Do you know the number of freelancers in India? It's a whopping 15 million!

India's freelance economy is ranked as the world's second-fastest-growing freelance market. In such cutthroat competition in the market, it becomes very crucial to know your niche and stand out from the crowd.

This is all about Brand Building.

Having a well-devised branding strategy which includes: Established online presence, Social awareness, and connection with clients and marketing strategists as per your work plays a significant role in consolidating your niche.

Any tips? Here we go!

1. Website - “Your first impression is the last impression.” A more reasonable understanding of your skillset to prospective clients.
2. Logo - Suitable to your niche and target audience.?
3. Marketing - Selling your service at the best price.

3. Fear and Lack of Guidance

Freelancing is an adventurous career to start where the path is ignorant. You need to find your way and figure out things. These external factors can instill fear in work. But you need to stay strong and remember why you started. Imagine the regret and self-loathing inherent in looking back on your life and realizing you never followed your dreams or took a chance.

It took years to get past the fear of this unknown world where eventually everything will depend on you and your skills. Look beyond the fear, tap into your passion for your work, research your market, accurately identify your target clients, and search out your motivation.

A good freelancing career can help you build a better life with the involvement of your sheer hard work, perseverance, resilience, and determination. The good thing about freelancing is that SKY IS THE LIMIT! An accomplished freelancer can use their flexibility and freedom to start their own company and diversify their earnings turning to be Entrepreneur.

Written by: Saphal Kumar