Deciding between having a normal 9-to-5 or putting yourself out there in the freelance world can be quite the decision to make as there are a lot of factors to weigh in before you make up your mind.
It’s true that each of the 2 options has its own ups and downs, and depending on your age, situation, location, and many more factors, one could be better for you over the other. Especially nowadays since the way we work has drastically changed, and we are able to get most stuff done from the comfort of our homes.
This has made many companies move to have their workers work remotely, and has even made some turn to hiring freelance workers instead of full-time workers. All of this has only given you, me, and the average worker, more options, and more ways to work and make money.
So, which one is best for YOU?
First, let us get down to the pros and cons of these two work environments and natures, and then see which one might work best for you!
Full-time jobs are your typical 9-to-5 that everyone is used to. You get your degree and apply everywhere hoping one company would take you, give you a base salary, benefits if you’re lucky, and health insurance.
This is what most people do, it feels safe, doesn’t require any hustling as long as you abide by the rules and do your job.
Pros of Full-Time Jobs
When you get yourself a full-time job, these are the benefits you are to benefit from:
- Consistent salary
- Health care coverage
- Paid vacation time
- Room for growth
- Paid sick leave
- Possibility of being promoted
- Extra Benefits e.g. trips, hotels, cheaper flights,
Cons of Full-Time Jobs
- No time flexibility
- Takes all your week
- Possibly long commutes
- Long office hours
- Boring routine
Freelancing for a living means that you’re not permanently hired by anyone or any company, you may have consistent clients that hire your services but nothing is guaranteed, and you can gain and lose clients as you go. This means that you can work with whoever you like, as long as you get the project, and you may work with more than just 1 employer at once.
So, is it any good?
Pros of Freelancing
- You are your own boss
- You work the hours you want
- You work as much or as little as you want
- You can work from anywhere
- You can travel all year long
Cons of Freelancing
- Inconsistent income
- Sometimes lack of motivation
- Too much freedom
- Can’t be promoted
- No paid sick leave
Main Differences Between Freelancing & Full-Time Jobs
As you could see from the pros and cons of each option, the differences can be quite huge, and as we said, depending on who you are, your age, your location, and specialty, one option may suit you more than the other, and in some cases, you may be totally ineligible to do freelance work!
Why getting a normal job at first is vital!
We mentioned age for a reason!
If you’re still young, fresh out of college, that means you still don’t have enough experience that will allow you to put yourself out there and start offering your services. Yes, you’ve completed all your courses but you still don’t have any practical knowledge and experience, which may make things hard for you at first.
This is why getting a full-time or even a part-time job at first is vital for your success. This way you will get the training that you need. Either with the help of your boss or your colleagues. Getting a normal job at first also means you’ll make the connections that will allow you to go out to the freelance world later on in your career.
Why location matters!
Depending on where you live, you may be eligible for a lot of freelance jobs, as some of them will require you to be present in person a few times. This means that if your clients are in one country or state, and you live in a completely different one, you may find trouble finding freelance clients.
Your very own personal situation matters as well when it comes to whether or not a freelance career is good for you or not. If you’re someone who has a family to take care of and support, then you might want to think twice about going completely freelance from the get-go.
This is because, as we mentioned before, freelance working does not guarantee a stable income at the end of each month. You can have busy months and dry ones, and even when your month is busy and you’ve done a lot of work, depending on the type of contract you’ve got with your client, you might have to wait sometime before you get paid, sometimes months!
Should you make the change?
If you’ve got a stable job, stable income, but you don’t like the lifestyle and would like to have some arrangement that allows you more free time, then you may want to switch to freelancing. But that’s not that’s easy!
If you’re going to make the change, then it should be a slow process that doesn’t just happen overnight. What should happen instead is that you should start looking for clients while you still have your job. Keep doing both jobs at the same time, and only quit your day job when your freelance gigs start making you just as much or more than your day job used to.
This is the only way you can guarantee that you won’t be in a vulnerable position, especially if you and your family need the money.
For young people, and people who have families to support, a full-time job is the best option for you. If you’re someone in between these two categories, then you may have the freedom to make the change as you wish, as long as you are being careful and know how to use your freedom and not abuse it!