Most people who's longing for success online starts out with great ambition but it's often common that most of the freelancers have a misleading idea of what freelancing is all about and they see things with dollar signs in their eyes due to all the amazing success stories they've heard. Fortunately I will list 5 of the most common, in my opinion, mistakes new freelancers make.
They do not think things through properly.
Anyone can become a freelancer, it's super-easy to become one but harder to stay as one. You cannot predict your income and due to the fact that your income probably will change from one month to the next. Some savings to use when you first start out would be great as you still have bills to pay and might end up with nothing the first period of your freelancer career.
They sell themselves too low.
I understand the reasoning for providing things for extremely low, especially when you're first starting out as you would need to build reputation and credibility. However, it's always easier to lower your costs than increase the price for your services so you should really consider being a bit more expensive but provide excellent quality instead. Once you've gained recurring customers it's easy to putting your services on sale and offer people discounts to attract new clients and to make more sales.
They spend all their income.
As new freelancers starts to make money they use their income on things they want. New clothes or a new cell phone and other things they want or need in life. I understand the feeling of finally be able to buy that special cell phone you've been longing for. However, it's a difference on revenue and profit. Revenue is the money you earn and profit is the money you keep. Spend only your profits.
They don't get their first clients.
New freelancers creates their services or products and wait for sales. They wait for the money and that won't happen. Money doesn't come flying into your pockets. You need to market yourself. Advertise. Build relations and build reputation. When you've done that, the orders will come.
They don't treat their freelancing career as a real business.
Being a freelancer means that you are the boss. You are your own boss and that comes with responsibility. Treat your freelancing career as a real business because it is one. At least, it can be, but that depends on yourself and many new freelancer doesn't take enough responsibility.