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Freelancing and self-employment

How do I start working for myself?

Working for yourself trades one set of problems for another. The work is usually the easy part; finding it and pricing it is the job.

Session length
30 minutes
Cost
Free
Matched on
Your field
The short answer

Three things worth knowing.

  • Start before you leave, if you can. One or two clients while employed tells you whether demand exists at all.

  • Price on value and on your real costs, not on your old hourly salary. Unpaid time, tax, holiday and quiet months all come out of the same rate.

  • Treat finding work as a permanent part of the week, not something you do when the pipeline is empty.

What to do

A sequence that works.

  1. 01

    Define one clear service

    A specific problem for a specific type of client. Generalists are hard to refer.

  2. 02

    Set a rate with the maths behind it

    Target income, unbillable time, tax and quiet weeks, then divide.

  3. 03

    Win the first three clients

    Former employers, your network, and people who already know your work.

  4. 04

    Put the admin in place

    Contracts, invoicing, tax registration and money set aside from day one.

Common mistakes

What to avoid.

  • Charging your old salary divided by working hours

  • Working without a written scope

  • Relying on one client for nearly all income

  • Spending nothing on finding the next piece of work

Questions

The things people ask first.

How much should I save first?

Enough to cover several months of essentials. Longer runway means better decisions about which work to take.

How do I handle late payers?

Clear terms up front, invoice immediately, and chase early and politely. Most late payment is process, not malice.

Do I need an accountant?

For tax rules where you live, professional advice pays for itself quickly. Rules differ by country.

Get this answered for your situation.

A mentor who does the job you are aiming at can tell you which of this applies to you.