Freelance – Here’s What to Consider Before Taking the Leap
The idea of freelancing is full of promise – freedom, flexibility, and the chance to build something truly your own. But before you hand in your notice or register your company name, it’s worth pausing to ask: Is freelancing really the right fit for you?
At Solo, we’ve worked alongside hundreds of independent professionals who’ve made the leap – and we’ve seen what helps (and what hinders) a successful start. Here’s what to consider if you’re thinking about going freelance.
The Pros of Freelancing
- Freedom & Flexibility – Set your own schedule, choose your projects, and work from wherever suits you.
- Variety – Work with diverse clients, develop new skills, and never feel stuck in the same routine.
- Unlimited Growth – Your earning potential and direction aren’t capped by a job description or salary band.
For more tips on the benefits of freelancing, check out our Blog freelancing success guide.
The Challenges of Freelancing
- Income Uncertainty – There will be busy months and slow ones. Learning how to budget and plan for leaner times is crucial.
- Wearing Many Hats – You’re not just the expert; you’re also the marketer, accountant, business developer, administrator, and compliance officer.
- Motivation & Loneliness – It takes discipline to keep moving when no one’s watching. And yes, working solo can sometimes feel isolating.
Struggling with motivation? Here’s our guide on staying productive as a freelancer.
❓ Ask Yourself:
- Am I self-motivated enough to work without supervision?
- Do I have a financial buffer to get started?
- How comfortable am I with uncertainty – or chasing late payments?
- Do I have support, or know where to find it?
How Solo Can Help
You’re not expected to have all the answers up front. That’s where we come in.
At Solo, we can help you:
✅ Think through the pros and cons in your specific situation
✅ Understand what’s legally and financially involved in going self-employed
✅ Guide you through getting set up: from branding to compliance
✅ Provide Consulting, Financial and Compliance support so you can just focus on delivery
Ready to chat it through? Contact Us to get real-life insights and support your next step – whatever it may be.
