{"id":17895,"date":"2019-08-19T23:37:28","date_gmt":"2019-08-19T15:37:28","guid":{"rendered":"https:\/\/www.hongkiat.com\/blog\/?p=17895"},"modified":"2021-07-28T21:29:31","modified_gmt":"2021-07-28T13:29:31","slug":"new-freelancers-common-problems","status":"publish","type":"post","link":"https:\/\/www.hongkiat.com\/blog\/new-freelancers-common-problems\/","title":{"rendered":"Common Problems Freelancers Faced (And How to Solve Them)"},"content":{"rendered":"

We all react to new situations and scenarios differently<\/strong>, based on our backgrounds, ability to adapt, and numerous other factors that makeup who we are. The transition from full-time work to freelancing is one of those times in a professional\u2019s life. We feel like we\u2019ve been thrown in the deep end of the swimming pool, without a gameplan to get out of the pool from the other end.<\/p>\n

This question is one many freelance newbies and to be honest seasoned professionals ask of themselves during their careers. Before simply diving into freelancing, you need to determine what to expect from yourself as a freelancer<\/strong> should you decided to make the switch.<\/p>\n

Recommended Reading: <\/strong>9 Things You Should Know About Freelancing Full-Time<\/a><\/p>\n

To help out, below are some common scenarios you might find yourself in as a freelance professional, and how you can remedy that situation<\/strong> or feeling if it\u2019s a negative one, or thrive upon it in times of affluence.<\/p>\n

Working Timezones<\/h2>\n

\u201cMy clients are always in completely different timezones, how do I manage this?\u201d<\/em><\/p>\n

As is the nature of the freelancing game, there are plenty of opportunities to connect with employers from all corners of the globe. This, of course, means that you\u2019ll get fantastic experiences, dealing with new clients and a whole range of culture sets different to that of your own.<\/p>\n

\"timezones\"<\/figure>\n

However it also means that to do so, you\u2019re going to have to deal with clients across various timezones<\/a> completely estranged from your own. The way most freelancers handle this is with common sense planning<\/strong>.<\/p>\n

Read Also: <\/strong>10 Best Time Zone Converters For Desktop & Mobile Users<\/a><\/p>\n

A Compromise<\/h3>\n

There\u2019s no point getting up at 3 a.m. to discuss a project<\/a> with a client, you and the client must discuss the project at a time which falls somewhere accessible by both of you. If it\u2019s 8 a.m. your time, and 5 p.m. the client\u2019s time, then this is still a workable time frame. A mutual compromise on timezone management<\/strong> is the best way to get things done in this scenario.<\/p>\n

However if this all just seems too hard for you, focusing your marketing efforts on a handful of timezones that fall around yours can also work. By servicing a distinct array of countries which form the majority of your client base<\/strong>, this is not only more comfortable for you, but helpful due to the familiarity your clients are likely to have with your portfolio of previous work.<\/p>\n

I recommend this option if you feel you need to get your feet wet, or want to build a strong semi-local client base<\/strong>.<\/p>\n

Different Currencies<\/h2>\n

\u201cI\u2019m constantly dealing with multiple currencies and I find it challenging.\u201d<\/em><\/p>\n

As you\u2019re going to be dealing with multiple locales, you might expect that you may have to deal with multiple currencies, right? Not necessarily. In the freelancing world, the U.S dollar is widely accepted as a transaction constant<\/strong> for many clients and is something you can utilize to your advantage depending on which location you\u2019re based.<\/p>\n

\"different-currencies\"<\/figure>\n

However keep a close eye on currency rates, because there\u2019s significant financially instability across many nations at the moment, and you need to look at what the USD actually converts to in your local currency. Sometimes you may see a variance of up to 10%, which on larger projects can really hurt<\/strong> your bottom line.<\/p>\n

Read Also: <\/strong>8 Contract Clauses You Should Never Freelance Without<\/a><\/p>\n

Make It Clear<\/h3>\n

To counter this, I\u2019ve seen contracts that take a couple of different approaches. Firstly you simply define that you only deal in your local currency, and provide local representation of what the value of the project will be in both the clients\u2019 local currency and in USD<\/strong>.<\/p>\n

Secondly, I\u2019ve seen conditional contracts being sent in that will offer a choice of currency<\/strong> based on the closest value to a given USD amount, or local amount. These options are both becoming more common as we see more instances of payment<\/a> uncertainty amongst freelancers.<\/p>\n

Financial Management 101<\/h2>\n

\u201cI\u2019ve got a large incoming cash flow (at the moment). Let\u2019s go spend it.\u201d<\/em><\/p>\n

Freelancing, like small businesses, operates in waves of ups and downs. Sometimes it rains dollars, other times you will be lucky to get a drop. But in the event that you are cashed up, don\u2019t head straight to the shops and buy that fancy watch or piece of jewelry\u2026 at least not initially.<\/p>\n

\"financial-management\"<\/figure>\n

Most seasoned freelancers will advise that it\u2019s a good idea (see: rule) to keep some backup cash in an account to manage the drier periods<\/strong>. The first chance you get to do this, you should take it up. Even if it\u2019s only a few thousand dollars, this can really last you for a long time when nothing else is coming in. And to be perfectly honest, almost all freelancers experience this at some time, no matter how long they have been in the business.<\/p>\n

Read Also: <\/strong>17 Essential Tools To Better Manage Your Freelance Business<\/a><\/p>\n

Watch The Cash Flow<\/h3>\n

By ensuring you keep a watchful eye on your incoming cash flow, and don\u2019t get tempted to spend your windfalls each time they come in, you\u2019re going to be much better off. That\u2019s not to say you should never spend them, but I recommend only doing so a few times a year so that you\u2019re sure you have that backup in place to protect your well-being<\/strong>.<\/p>\n

The unfortunate reality of fancy watches or jewelry is that they look great, feel great, and should be something you strive to reward yourself with (if that\u2019s your vice), but they don\u2019t buy groceries. So play it sensible, try to put it in income-generating investments (including yourself), and you\u2019ll be OK.<\/p>\n

Manning the Counter<\/h2>\n

\"I love being my own boss, but it can be tiring.\"<\/em><\/p>\n

Being your own boss is for many freelancers one of the most compelling reasons they make the switch to freelancing. However it can be tiring, it can take you away from your specialization (which is in many cases why<\/em> your pursued freelancing in the first place),<\/strong> and it will force you to make tough decisions for your business.<\/p>\n

If you\u2019re a person who is detail-oriented, this is a great thing. However, it can also be a major downside if you don\u2019t use that strength to your advantage<\/strong>. For example, if you\u2019re someone who places a great deal of pride in delivering the client a top-notch result, that\u2019s fantastic. However, if you\u2019re a person who can\u2019t deliver this without running yourself into the ground and achieving it without making a profit, then this is problematic.<\/p>\n

Jack\/Jill of All Trades<\/h3>\n

As a freelancer, you need to be able to deliver top-notch work, manage financials, marketing, and client interaction, and you need to do this efficiently. The best way to become a great freelance boss<\/a> is to take a good hard look at your strengths, your business, and what you can achieve in the available time you have.<\/p>\n

\"Jack-Jill-of-all-trades\"<\/figure>\n

Because you\u2019ve most likely got commitments with friends, family, you have to be realistic that freelancing isn\u2019t necessarily a job for one person. Connect with your professional network<\/strong>, outsource a bookkeeper, subcontract freelancers so you can bid on larger projects, hire a freelancer with marketing skills on a semi-regular basis, and free up your time to focus on delivering great client work.<\/p>\n

It may take some time to get the balance right, but by doing so, you\u2019ll avoid burnout<\/strong>, and deliver better service for your clients.<\/p>\n

I\u2019ve lost my work-life balance<\/h3>\n

It\u2019s very commonplace that freelancers will isolate themselves, work too hard and forget to keep a balance in their lives. If this is you, don\u2019t worry, you just have to be actively aware you\u2019re doing this<\/strong>, and take a couple of simple steps to fix the issue<\/strong>.<\/p>\n

For example, if you work from home<\/a>, have a change of scenery by working in a coworking space<\/a>, public library, or even a suitable coffee shop to change things up. If you\u2019re most likely going to be mobile, work somewhere near a friend\u2019s workplace so you can meet them for lunch.<\/p>\n

Go for a run in the mornings before work, cook yourself a really fantastic lunch at home, or walk down the road to the local coffee shop to break up your day.<\/p>\n

Read Also: <\/strong>7 Ways Freelancing Is Similar To A Corporate Job<\/a><\/p>\n

Make Real-World Connections For Business<\/h3>\n

As a freelancer you have to be actively aware that you need to start reaching out<\/strong>. Although there are tremendous opportunities online<\/a> for freelancers, you need to balance that with real-world interactions.<\/p>\n

By taking the time to balance your freelancing life<\/a>, you\u2019re also much more likely to meet new clients<\/strong> (especially in places like co-working spaces), develop a whole new subset of friends, and really expand your horizons. Most freelancers don\u2019t realize the fantastic opportunity they\u2019ve been given<\/strong> via their flexibility, so take the chance to really work it!<\/p>\n

\"make-real-world-connections\"<\/figure>\n

Conclusion<\/h2>\n

Freelancing is a great way to follow your passion and earn a living<\/strong>, but there are major differences between freelancing full-time and working for private enterprises. The great news is that many have walked in your footsteps before, and there is a great deal of information out there on how to become a successful freelancer \u2013 plus what you can do to get the most out of yourself.<\/p>\n

By recognizing the common areas that freelancers tend to find challenging,<\/strong> and developing solutions that help you overcome these obstacles, you\u2019re going to really help yourself dive into the pool (of sharks) as a freelance professional and come out ahead.<\/p>","protected":false},"excerpt":{"rendered":"

We all react to new situations and scenarios differently, based on our backgrounds, ability to adapt, and numerous other factors that makeup who we are. The transition from full-time work to freelancing is one of those times in a professional\u2019s life. 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