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Entries tagged as ‘business preparation’

Freelancing: first, I should have done these six things

August 30, 2008 · 1 Comment

Reflection is the author of wisdom, and I’ve been thinking about a question sent to “Ask the Recruiter,” Joe Grimm’s career advice column on Poynter Online.

The poster thought s/he could make more money as a freelancer, than as a full-time journalist. (Don’t laugh, and don’t cry. ) When I read the posting, my first words were “You’d better talk to me, first.”

Actually, another friend had done that. And I gave her six things I’d wished I’d done before stepping out on my own. Well, let me change that. I did draft a business plan (tip #4), but the reality of freelancing was far different than I’d anticipated.

I guess that’s life, huh?
So, before you kiss the company goodbye, you should:

  1. Line up a temporary job. Check with craigslist, Kelly services, anything. The point is to have a check you can depend on so you can control cash flow.
  2. Create a website (if you haven’t already), or a blog that has a bio and links to your writing. Use it as an online resume. You can also do the same with linkedin.com if you wish.
  3. Send a group email to all your contacts before you make the jump. (I recommend about 3 months, if you can do it that far in advance.) Tell them you’ll be freelancing full time and are looking for assignments.
  4. Of course, create a business plan. Check with the Small Business Administration, or the Service Corps of Retired Executives for help. (In fact, do this first!!!)
  5. Line up assignments that will have you working for about two to three months. That way, you won’t have time to sit around the house and worry.
  6. While you’re working on your assignments, send out feelers for others. Always think at least 3 months ahead.

Three is a magic number.

Categories: entrepreneurship · work
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