Do you know your job inside-out but dream about starting out on your own?

Although a regular job may guarantee an income, you may wish to start freelancing in your own line of speciality. More often than not, people are stuck in a rut and are afraid to take the plunge into freelancing. The most common reasons underlying the nervousness include fear of the unknown, insecurity and lack of self-confidence.

If you are thinking of quitting your regular job and going freelance, here is a closer look at why you shouldn’t think twice about working for yourself:

Job security is a myth

The most common notion about a regular job is that it is secure. But if you examine this statement more closely, you’ll find that no job is really secure, especially in the current economic climate. While you may have to work harder when you get your freelancing business off the ground, you are obliged to invest the same effort into a job.

Setting up as a freelancer is far easier than you think

To start your own freelance business, all you need to do is decide on a catchy name and begin spreading the word about what you do. The process is far less intimidating than people think and it’s only a matter of time before you learn the ropes.

If you still feel nervous, you can consider going freelance as a part time business and then quit your job when you have built up a reasonable client base. Although this may involve extra investment of time and energy for a few months, the effort will pay off eventually.

Freelancers offer an Attractive Deal

Freelancing is an attractive proposition even during lean periods as small businesses tend to be least affected by recession. On the contrary, flexible timings and value for money increase the appeal of freelance services over the products/services of large companies.

Opportunity to learn on the job

If you are afraid that the world of freelancing is new to you, the same logic holds true for regular jobs. Just as you learnt how to work your regular job, you learn how to run your freelance business over time. The time-frame is far less than we’d expect; as a matter of fact, you become more experienced in just a few months’ time.

If fears and insecurities have been holding you back from quitting your job, it’s time to consider all the plus points for going freelance.

Have you made the break and gone freelance? What tips would you share?