So you want to become a freelancer?

Presentation by Prakash Murthy / @_prakash at Denver.rb meetup on Apr 14, 2015

Slides at https://slides.com/prakash/freelancing

About Me:

Freelancing since 2010 

as a Ruby on Rails Developer

So you want to become a freelancer?

DON'T DO IT!

3 Things I like about Freelancing:



1. Work from home / any where



Made it possible for me to work from India from Dec 2012 to May 2014!

3 Things I like about Freelancing:



2. More time with family.

3 Things I like about Freelancing:



3. I am my own boss!

Mistakes I made as a Freelancer:



1. Got into it for all the wrong reasons, without preparing for it.



"I'll do freelancing because I am too lazy to find a proper job!"

Mistakes I made as a Freelancer



2. Did not appreciate the fact that it is actually running a business and is very involved and a lot of work.

Mistakes I made as a Freelancer



3. Did not establish myself as an expert before starting

Charge low rates.

Mistakes I made as a Freelancer



4. Did not prepare myself financially for the feast-famine cycle

Net Result:

 

Frequently ending up with

 


  • Will I be able to make rent / pay all bills this month?

  • This is not working. I should find a regular job!

  • Cranky and stressed. All. The. Time!

In summary: Do not become a freelancer unless ...

 

1. You are willing to learn how to run a business, and work at becoming good at it.

 

 

2. Have 3 to 6 months of expenses saved up to deal with the feast-famine cycle.

 

3. Established yourself as some sort of an expert, so that you get work to begin with, and on a regular basis.

If you want to be a freelancer...
 

freelancing

By Prakash Murthy

freelancing

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