Why I Gave Up Solo Freelancing And You Should Too.
Some events that led me to find a better way to run my business
Being a graphic design freelancer between 2005 to 2015, life was better than being an employee because my schedule was flexible.
I could choose to sleep at 9 AM and work at 9 PM, so long I got the work done on time. If I were a full-time employee, I may not be so lucky.
That said, as a freelancer, though I could choose when to work, I couldn’t choose not to work. I still had to work no matter what, even if I was unwell, otherwise, my income would run dry.
In this case, I gave myself a full-time job led by many bosses: my clients.
That said, work to me was not work at all. I loved my work as a creative, helping clients figure out design solutions to their challenges and crafting something that comes from my own thought process.
With little sleep, I did them all night and day, yet I was enjoying myself and felt like I was contributing to my clients’ successes. I felt that it was the best job ever.
Those days, I had no issues with my income. I was single, no kids, no mortgage to pay, no employees and charged clients up to $10,000 each project per month all for me to take home.
I could even take up to three months of travel holiday without working because my previous projects paid for that. All I had to do was to tell all my clients I would be away and they wouldn’t hand me anything to do for that period of time.
I was lucky my clients kept coming back to me without me having to sell anything to them. I would die if I were to do any sales-related activities. Thank goodness I didn’t have to do any of that.
My clients were my advocates, helping me sell my service, referring new clients to me. Also, they were busy and didn’t have time to look for anyone else who charged less, I was their only designer.
I was grateful and served all of them to the best of my abilities.
I felt indispensable.
Liver transplant — anything can happen
One day, a 10 cm malignant tumour was found in my dad’s liver. In order for him to carry on living longer than a few months, he had to remove it.
But his liver had to go with it. Which meant to say, he needed a new set of functioning liver to replace the outgoing one.
He had to undergo a liver transplant to have a good chance of survival. Naturally, I volunteered to be the donor and my liver was a good match.
It was a huge operation and anyone who went through this will have to take at least a few months of rest to recover properly.
I was lucky not to have suffered from any infection, but for many months, I wasn’t in the right physical and mental frame to take on client work like before.
No client work, no income. My bank account shrunk overnight, but I had to live with it.
I bounced back quickly once my surgery wound started healing close to what it was before. Thank goodness I had great friends who sent clients my way and my income returned back to normal.
Relapse
Two years after the operation, my dad had a relapse. Cancer cells were found every part of his body, including his lungs and back.
The fast-growing cells blocked a big part of his windpipe and breathing was difficult. His whole back was in excruciating sharp pain every day.
No normal painkillers could numb that.
In just days and weeks, he started to lose control of his limbs and bowels.
There was once I had to stop a client presentation halfway to rush back home because my dad needed someone to administer morphine to stop the pain.
I had to slow down my freelance work to be his caregiver full-time.
Similar to the days I was recovering from the liver transplant operation, I started to see a similar problem with my business.
I couldn’t be at two places at one time and there’s only so much I can do within the time I had.
I had to reject most client work because I was afraid I couldn’t commit and honour my word. With my bank account close to zero, I couldn’t afford to hire someone to take over any design work.
Most of my time was spent head down doing the creative work I did not go out there to do any marketing or sales-related activities. Without a network, I had no one to rely on to pass my work to at least temporarily.
After my dad passed away in 2011, I decided to do something better with my business.
Realised that with only 24 hours a day, there are only so many projects I could do as a solo freelancer. I started to ramp up my service fees.
I thought that if I were to charge one client for one project at say $10,000, I only needed to work on a similar project for five other clients to be comfortable for that year. In this case, I didn’t have to find more clients to sustain. So it seemed.
I did that for two years and things went as planned. Though I was content with my work and clients, it lasted only for a while.
Baby, debt and clientless
In 2013, my firstborn popped and my high-paying clients started leaving at the same time. Some of them feedbacked that they love my work but they were going elsewhere and didn’t need such a service anymore.
Others required more of my attention but I couldn’t give proper care to both my baby and customers at the same time. There was no way I could do both together and had to reject some projects.
As my business dwindled, I also witnessed my income plunging to negative figures. With a huge mortgage loan to cover, I was half a million dollars in debt overnight.
I found myself in the darkest moment in my life.
If I had a million customers come to me at the same time, it would be a good problem to have. Even with ten years of freelance experience, this situation brought my confidence so low that I didn’t think I could acquire just one new customer.
Thank goodness there was a blessing, well-disguised. As my bank and credit card interests rose, the quiet time I had to self-reflect and learn more about myself, my mistakes and what I wanted in my life also increased.
Not that I was looking for so-called “passive income”. I must be honest, I used to search for “ways to earn money without working at all”. Not that I didn’t want to work forever. I love my work.
But after going through difficult times like my dad’s suffering days, clients leaving without warning and struggling to be at two places at one time, I knew it was time for a change.
Build a business that can run on its own
Knowing I had to determine what I truly wanted for my life and business, I came up with a goal. That is, to create a business that supports my lifestyle.
What this means is, that my business should be built to run on its own so that I can make good enough income, do creative work, be an awesome mama to my kids, travel around the world and do anything as and when I want.
Call it “entrepreneurship” if you like.
Ideally, I can remove myself from it as and when I like.
Should I be unable to work, or if family members need me to be there due to things like health reasons or if my baby is unwell, I want that freedom to choose where to put my attention while my income still grows at the same time.
My business has to be there to free me up to do things I enjoy doing rather than be something that holds me back or ties me down from the lifestyle I want to lead.
Being a freelancer as a starting point is great. Freelancing can help bring in enough income, but after doing it for more than ten years, it’s not the best way to allow me to get to where I want to go in life.
If you are going through a similar situation, there is a better way to do more of what you love without having to live from dollar to dollar and trading time for money.
Many things in a freelancing business do not have to be done by you.
List them down and hire the right people to do them. This should be done first to free up your time.
Although your business will not turn from a freelance model to a self-running machine overnight. Doing this is the first step to get you started.
For me, what took up most of my days was the clients’ design work. Hence, my first step was to find designers who were willing to spend time to help me with that.
In my spare time, I bring in more income by promoting my business more than before. Other times, I do my projects to satisfy that creative designer in me.
Hands-off
There’s no need for you to pass off the strategic work if you don’t wish to do so. I know some of you may be afraid to do that because someone else may not be able to match the work you would have produced.
Instead of passing off the whole project to your team, look for bits of the whole process to hands-off first instead.
Here’s a checklist of tasks to pick and take off your plate for a start:
Followup with prospects
Editing
Email management
Regular communication with client
Data entry
Bookkeeping
Accounting
Social media management
Content creation
Graphic design
IT support
When to outsource
Consider outsourcing when:
You foresee workload overspilling.
Tasks fall outside your area of expertise.
You need specialized skills for a specific project.
Non-billable tasks are taking up too much of your time.
The goal of outsourcing is to allow you to focus on high-value tasks that directly contribute to your income and professional growth.
By delegating time-consuming or specialized tasks, you can increase your productivity and potentially take on more clients or higher-paying projects.
Now go do it!
This was such a moving article that was raw, vulnerable and most of all hopeful. I want to applaud you for sharing your authentic stories. Life is definitely a journey of ups and downs and how you managed to navigate through difficult situations is certainly inspiring.
Wow, I was not ready for the emotional journey that this brought me on, based on the title. You've have a really tough journey, but made something really positive out of it. I hadn't considered the risks of being solo, but this has really opened my eyes, that even though I am not solo right now, it is definitely a higher risk option than I realised. I am glad you are doing so much better now.