No matter what type of work you pursue as a freelancer, you are going to hit a slow season at some point. Every business deals with this as well, and it can be one of the more frustrating times because of cash flow. To illustrate this a bit more, consider a month where you make less than minimum wage. Even the best freelancers get hit hard with this type of situation, and it can pose serious issues with your career. To fight out of it, you will want to take a few moments to review the following tips to cope with the slowdown.
Look For New Clients – Perhaps the easiest step is to look for new clients, and try to cut them a deal on your work. You will need a whole new crop of clientele to work with or you could end up with no money, and no food. Find new avenues, or perhaps go business to business and discuss with owners what you can do for them. Whatever it takes to drum up new business should be done.
Be Frugal – In the lean times, it’s easy to be frugal because it’s forced upon you. However, when you are in good financial moments, take the time to look into being more frugal. If you are frugal you will save money for when the slowdown hits, and it will not be as painstaking to you.
Get a Part Time Job – This is going to be a hard lesson to deal with, but if you get to a point where you have no income coming through, than make sure that you look for a part time job. This may be temporary but it will help you get moving forward. Getting a job that will pay you in the slow season can help pay bills and keep a roof over your head. When business picks up for you again, you can always resign from a part time gig and pursue other options.
The above tips for the slow season are just some things that you need to understand to navigate the rough seas that are out there. You may not see a slowdown for a long time, but when it happens, anxiety can be hard to battle with. Take the above tips for slower seasons and be careful about how you spend your money when financial times are abundant. Take your time, and you will find a good way to move forward.