So head back about 12 years, and I was employed in a small networking company. After deciding that employment wasn’t for me, I transitioned my job into a freelancing gig. I had one or two small freelancing projects on the side, generating about $400 to $600 each month, but it was my networking job (and now new freelancing client) that was generating about $3,000 per month as my main source of income.
I knew that the company’s financial situation wasn’t fantastic, and relying on it for 85% of my income wasn’t a smart move.
Tip: Even if your largest contract is financially stable, make plans based on losing that contract. Companies come and go, change direction and change ownership. Don’t put all your eggs in one basket!Image Credit (CC)
So, I decided it was time to broaden my client base. I had some tech skills – mainly embedded hardware, PHP programming, networking and Linux server admin. I got on “Rent A Coder”, which later became vWorker, which is now Freelancer.com and started hunting for projects.
I don’t recommend Freelancer.com any more. It’s changed a lot, and I haven’t touched it in over 5 years now. The structure, pricing model, and huge number of very low quality freelancers and projects make it very difficult to find decent clients and make a solid, stable income. 12 years ago though, there was about 1 good project for every 9 bad ones.
I was applying for anything I could get my hands on that paid “OK” and loosely matched my skillset. I’ve written technical tutorials, customized existing software, built PHP web applications, and more! After working with about 9 or 10 different clients, two of them turned in to longer term requirements.