
One freelancer’s personal strategy serves as a testament to the importance of having plentiful amounts of funds in savings:
“I have two years worth of savings in case business is slower during some months.”
Last but certainly not least comes patience. Freelancers who aspire to enter the business of self-employment must exercise moderate levels of patience. Establishing a profitable network of clients takes time. It is unlikely to happen in a week or even a month. However, freelancers and other independent contractors remain confident that the advantages of self-employment outweigh potential pitfalls, affirm analysts.