Working for yourself as a freelancer/contractor/interim consultant is a career option that people often fail to consider. However, it was a great model for us as we researched and set up movemeon. We recommend the freelance route particularly for professional services people starting out as entrepreneurs. Perhaps freelancing could be a good option for you to explore.
Here we share some benefits and some tactics for finding work.
- Freedom to leave your current job without your next permanent role lined up.
- Pays the bills if you’re researching a business idea.
- Pays well. There are 2 rules of thumb on knowing what to charge: i) your permanent salary divided by 100 (remember as a freelancer you won’t have any benefits or paid holiday); ii) the day rate that your employer charged you out at divided by 3.
- Avoids ‘gaps’ on your CV.
- The work tends to involve more responsibility. The client will want you as a mini project manager, you’ll ‘own’ the relationships, have more exposure and be your own boss.
The ways to get a freelance job
- Use movemeon. I know, I know…. we’re biased! But we’ve had some great freelancing roles come through the site – so keep your eyes open and register for freelance job alerts.
- Let your former employer know. You’ll be surprised at the number of clients that will approach a firm with smaller jobs (that aren’t worth your employer’s while to pitch for), or part-time jobs (that they couldn’t staff given that they only have full-time employees). Your employer could recommend your services.
- Let your friends and colleagues know.
- Let your former clients know (subject to terms of your employment contract with your former employer).
Freelancing need not be forever, but it’s often a good option for now. If you’re freelancing, we’d love to hear your thoughts – please email us.
Movemeon.com was founded by McKinsey colleagues, Nick Patterson & Rich Rosser.
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