I freelanced from 1990 to 2002 and my husband also freelanced with me. Many of our clients (for years) wondered when we would run our company full-time so they could give us more work.
I was gainfully employed with a major publishing company as the art director and after about 8 years; that's when that company decided to cut the entire art department (right after 9/11). Anyways, I did go and look for another job only because I thought that's what I was suppose to do. You know, the cattle syndrome.
Well after interviewing with several places and realizing that the $47,000 salary I was making a year wasn't going to happen with another company.....I decided to make my freelancing gig a full-time job. I quit taking unemployment checks—just to be honest with myself—and once I concentrated on my own company, I had no problems getting new clients and project after project.
My husband left his full-time (very high paying) job, a year after I did (by my urging) and we kept his ex-employer as one of our highest paying clients (Siegfried & Roy).
Basically I started running our company full-time for fun.....not fear. I always feared freelancing, which is why it took so long for both of us to decide to finally 'just do it.'
Now it's 5 years later and we pay for our own medical. My husband and I have actually replaced the high salaries we once earned with our previous employers. We make just a little bit more money now because we have the business expenses as write-offs. And we have one employee working for us as an office manager and accountant.
Self-employment (I don't consider myself a freelancer anymore) is not for everyone. But if you do it right, it is the greatest thing. I go to work at 8:30 in the morning and I'm home usually between 5 and 6 in the evening. We lease office space which was great at first, but it can be expensive. I would honestly like to move our office back into our home, but it's not likely.
I only work additionally on Saturdays because we chose to open an art gallery and we keep it open on Saturday. Sunday is our no work day.
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