NACUE Create

Tips for Creative Students

Press Release  •  Mar 02, 2012 13:49 GMT

s freelancing right for you?

The whole starving, tormented artist thing is highly overrated.

Yes, there’s a sort of romanticism to being a penniless bohemian, sacrificing
material goods and making a stand against evil capitalists in the selfless pursuit
of art.

But eventually, it gets a bit tedious and miserable.

I mean, would having your own apartment and being able to afford food really be
so bad? It could even help your creativity!

So, it’s time to embark on a quest to make some money.

Freelancing could be the answer.

When you tell people you’re a freelancer, they might immediately make a few
assumptions:

1. You spend the whole day in your pyjamas, and
2. “Freelancing” is really code for “unemployed”

Fine, let them think this. Who needs the competition?

The truth is, if you’re clever about it, you can earn a lot more money working for
yourself than working for somebody else, and you don’t have to punch a time
clock.

So what’s life like as a solo freelancer?

  • You’ll spend your time immersed in deep (& interesting) technical or visual (or both) challenges.
  • You’ll have to pay some attention to finances and business development.
  • Roughly 25% of your time will be spent invoicing and chasing payments, and pitching to and securing new clients and projects.
  • You’ll usually work alone, but sometimes you’ll collaborate with others.
  • You’ll have few tools and very low overheads- normally just the cost of heating and lighting your work area.
  • You’ll have 100% control of quality.
  • Most of your clients will be small to mid-sized and the chances are, you’ll work on some cool personal projects alongside corporate assignments.
  • You’ll have relatively few meetings.
  • You’ll work when your clients need you.

The good, bad and the ugly of freelancing

  • Decisions are your own
  • You’re recession-proof as you spread the redundancy risk across multiple employers. Freelancers are also more in demand in a downturn.
  • You can work from anywhere, and everywhere.
  • Your schedule is your own: Fancy a swim at 10am? The pool will be empty! How about getting the shopping in at 11am on a Tuesday? The supermarket will be quiet!
  • You can maximize your time when everyone else is at work- meaning you’ll miss rush hour, queues and congestions.
  • That does mean there’s less structure to your working life and you’ll nee to have some ‘get up and go’ to get things done.
  • You’ll make decent money.
  • Your income is 100% tied to your time.
  • You work whenever you want to and as much as you want to.
  • That does mean that if you’re sick, on holiday or on maternity, your income vanishes.

Work is simply a vehicle to get you to the life you most desire. You need to pick
the right automobile for the lifestyle you seek.

If you’re looking for a good work/life balance, flexibility and to be your own boss,
then freelancing could be just the set of wheels.

So go get clients, do great work and nurture a great reputation. Then pause,
smell the roses and enjoy life!

Next week we’ll blog on how to start freelancing…

Home to the creative. A source of inspiration, motivation, and information. Calling the innovative and talented. We believe in Passion and Purpose. We work with student groups, universities and industry to support you, the creative, in your chosen career.

NACUE Create is the creative chapter of NACUE (National Association of College and University Entrepreneurs)

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