7 Reasons Why You Should Pursue Your Own Projects
Photo by SqueakyMarmot.
With well over 25,000 subscribers, there’s obviously a great deal of variety in terms of the types of freelancers and approaches to developing a career among Freelance Switch readers. However, if you take a look at the team of writers you may notice that many have taken, or are attempting to take their careers beyond typical freelancing. In fact, let’s start with Collis himself. Through the last year or two he’s been involved in building a number of successful and profitable websites, of course including Freelance Switch, PSDTUTS, NETTUTS, FlashDen, and a few more.
Collis was able to successfully transition himself from freelancer to business owner. Many of the other writers, me included, are working on building a website or business of their own to supplement or even replace their freelance income. While I do enjoy freelancing, I don’t see it as something that I want to do for the next 40 years. Some of you may not share my view and you may look forward to freelancing for the foreseeable future. Regardless of where you stand on the issue, I feel that it’s a good idea to at least explore some opportunities to work on your own projects on the side. Maybe you’ll want to invest more time on your own projects, and maybe you’d rather focus on just freelancing.
Here are 7 reasons why I think you should consider taking on some projects of your own.
1. Long-Term Career Path
Freelancing is a great career, but it can also be draining. If you’re working on your own business ideas and developing something that you own, you could be able to slowly become less reliant on freelance work in the future. We all have different career aspirations and we should pursue what is attractive to us and gives us motivation to keep working. I think many freelancers share my opinion that it would be nice to have a future that didn’t necessarily have to involve working for others if that’s not what we wanted to do.
2. Work on What You Desire
As freelancers we may enjoy the projects that we’re working on, but we’re also ultimately responsible for pleasing the client, not for doing what we want to do. It can be a very refreshing change of pace to take on a project that you own and to be able to do things the way that you want to do them. By starting a project of your own in an area that interests you, you’ll find that you enjoy your work more and that you enjoy learning more as you go.
3. Added Income
Most of us would gladly take more money if it came our way. While you may not make a full-time income from your own projects, the additional money can always be appreciated. I’m still far from earning a full-time income from my own projects aside from freelancing, but the money that I make is a nice supplement that makes my freelancing work a bit less stressful.
If your freelancing workload were to ever dry up, it would be ideal to have some other income to fall back on. Added diversity of income is always a positive step towards security. Of course, there is some risk involved in running a business of your own, whether that business is online or offline. However, if you’re able to start building that at the same time you’re freelancing, the risk will be pretty minimal.
5. High Potential
Talented freelancers are able to earn a very nice income, but in general you may have a higher earning potential if you’re able to ultimately break away from freelancing in favor of your own projects. Potential is just that: potential, until it’s actually been achieved. But it’s still important to have that opportunity available.
6. Unlimited Options
Regardless of what interests you or what direction you would like to go, you’ll always have the opportunity to pursue your own interests. In freelancing you may be limited to the work that is available, but when you’re choosing your own projects and building something of your own you’ll be able to go in any direction that you choose.
7. Leverage Your Experience
As a freelancer you probably have gained years of priceless experience. With all that experience under you belt you can put it into action and use it to your benefit. Rather than just using your experience to do a great job for clients, also use it to build something for yourself.
This is especially a great opportunity for freelance designers. You’re already skilled at building an attractive and effective website, so you won’t have to pay anyone else to do that for you. If you’re willing to invest some time you can easily use your existing skills to help you build a profitable website of your own.
What Are Your Thoughts?
Do you currently work on your own projects? If so, what are you intentions for the long-term?