Fulltime vs. Freelance: Part 2 1099
In this episode, we continue our discussion around freelancing. We unravel the tricky business of setting your rates when first starting out as a freelancer—keeping client expectations in line with your skill or ability as a designer is key. We share the good, the bad, and the ugly around paying (and claiming) taxes as a freelancer (spoiler alert—there is more good, than bad or ugly). There are also some eye-opening truths that come out about what it means to make the move from being a freelancer to starting and running a business.
Austin has years of experience in freelance, while on the opposite end of the scale, Erin has years of experience working as a full-time employee as well as an employer who hires freelancers. So, you get a great look into the industry from both perspectives. If you are unsure if freelancing is for you - listen up - you will get a lot of information in today’s episode that will help you decide on whether freelance or full-time would suit you better.
Discussion Points:
Freelance rates vs client expectation
Tax benefits of freelance
The stress of working freelance
Freelancers Union
How to decide on your rate
Negotiating rates
Sequential Liability
Freelancer Administration
Developing a personal brand as a freelancer
Transitioning from freelance work into starting a company
Advantages of being a freelancer
Learning from people you work with
Resources
