Freelancing vs a Full-time Job (an Overview)

🧵
🚨 Intro:

(...in before I get 'cancelled' 😉)

Freelancing is NOT for everyone, but I do encourage people to try it for a year to see if you enjoy it or not.

You may not be able to earn a full-time income, but an extra few hundred dollars on the side can go a long way 👍
Freelancing Pros:

✅ You Get to be Your Own Boss

This to me is a great aspect of freedom.

In saying that, it does come with its own responsibilities, but the pros to this far exceed the cons.

✅ Flexibility

Want to play tennis at 10am?

Done...
✅ Your Income is Not Capped

You will have the potential to earn more than you would if you had a full-time job.

(It's true for me & a lot of other freelancers - just on my freelancing client income alone)

So you could essentially earn more while working less.
✅ Control

Although not easy to do right from the start, eventually, you can control your:

- daily routine
- work schedule
- type of clients you work with
- type of projects you work on
- income
❌ Valley Income

One month you can earn 🚀 and the next month you can earn 🥜.

A way to avoid this is through retainer income, but it's definitely a reality for a lot of freelancers.

❌ Security

Generally speaking, there's no job security with freelancing.
Full-Time Job Benefits:

✅ Job Security & Stability

Some people just want a consistent income and don't want the hassle of running their own business.

You get your salary, and potentially a bonus every year, and you're happy about that.
✅ Other Perks

- Health insurance
- Paid vacations
- Sick leave
- Parental leave
- Retirement schemes

...and other perks depending on your employer.

(although if you earn enough through freelancing, this can also be allocated for)
✅ More Benefits

- Training & support
- Team environment
- Social interaction

❌ Office Politics

Every office always has an Office Lobster (or 2 or 3)🦞

❌ You're Just a Number

It's true for a lot of people right now & it sucks. You don't feel valued & you feel unappreciated
❌ You're Working on Someone Else's Dream

It's fine working on someone else's dream, but don't do it at the expense of your own contentment, sanity and free will.

❌ Lack of Freedom

Spontaneous vacations, taking random days off, etc. are not possible with a full-time job.
🤔 Which One is Right for You?

It's your choice.

If you're:

- Not getting paid enough
- You want more control
- You want more freedom
- You want more time with your family
- You don't enjoy your current job

...then you should definitely consider freelancing.
Read more here 👉 https://swd.hashnode.dev/freelancing-vs-full-time-job-an-overview

Found this 🧵 helpful?

RT + Like ❤️
You can follow @study_web_dev.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.