10 Common Myths About Freelancing: Misconceptions That Held Me Back

Myth #1: Freelancing is just a side hustle or temporary gig. 

• Many people believe that you can’t earn a good living as a freelancer. This myth kept me at a salaried job that I disliked for many years.

Myth #2: Freelancing is easy money.

• Freelancing requires consistent effort in marketing, client management, skill development, and high-quality delivery.

Myth #3: Freelancing is less stressful than a full-time job.

• Freelancing can be more stressful than traditional employment due to inconsistent work and the constant need to find new clients.

Myth #4: You don’t have a boss.

• Freelancers have many bosses, not just one. You are your own boss, but clients often set payment, deadlines, and scope of work. 

Myth #5: You need years of experience to start freelancing.

• Don’t let inexperience deter you from freelancing. Start with easier projects and gradually increase difficulty as you gain experience. Exceed client expectations and learn on the job.

Myth #6: Freelancing means complete flexibility and you can work whenever you want.

• Freelancing offers schedule flexibility but client deadlines can lead to long hours. Effective strategies exist, but work overload is sometimes unavoidable, impacting schedule flexibility.

Myth #7: Freelancers work less than people with traditional jobs.

• Freelancers often work more hours than salaried employees due to unpaid business development, marketing, and administrative tasks.

Myth #8: Freelancing can be lonely and isolating.

• Freelancing can feel lonely, and without support, it’s easy to become overwhelmed and isolated. You can connect with freelancers through online communities, classes, and networking events.

Myth #9: There’s no job security in freelancing.

• Freelancing offers greater job security than traditional employment because income is diversified across multiple clients. Additionally, freelancers have higher earning potential due to the ability to set their own rates and take on additional projects.

Myth #10: Freelancers don’t have access to benefits like health insurance or paid time off.

It is surprisingly easy to obtain the same financial benefits you would get as a salaried employee. Use this free hourly rate calculator to help you determine how to achieve your financial goals.