I’ve been freelancing for a little over two months now, and already it has been an exciting, rewarding experience. I figured I would share a few observations.
What do I mean by “freelancing” as opposed to contracting. I admit there is no official differentiation of the two, this is strictly my own, and I apply it narrowly to software/knowledge work.
I see freelancing as the extreme end of transient employment. They may be hired on a per project basis, or a per day basis. There isn’t any implicit availability, they’re booked (and paid) or you’re not. They don’t go to meetings that aren’t very relevant, or get unwillingly reassigned. If there are no projects where you can offer expertise, you’re done. If a company tightens it’s belt, freelancers are the very first to go, with no notice, no severance.
I see contracting as provisional employees. They aren’t vested in the company, but they essentially perform like an employee. They probably go to company-wide meetings, fit into the normal reporting structure, etc. After the freelancers go, the contractors are next in line. Usually contractors are given time to “wrap things up” or have a planned end date.
Employees are, well, employees. They work for the company, and only for the company. Hopefully if the company makes a lot of money, the employees benefit, where the previous types don’t. Many people think employment offers job security, but short of official agreements like tenure or unions, I disagree. I define job security as the ability to get a job, not to keep one. I’m not cynical about fatcat CEOs laying people off for fun, I’m just realistic in terms of what employment actually provides.
The reason I choose freelancing is that I want to be intellectually promiscuous, at least for now, and I want that arrangement to be very clear to clients. I have a self-imposed 20 hour per client per week cap. This may sound silly to you, and it certainly hasn’t been popular with clients. It’s a tough sell, and it has cost me some otherwise good opportunities. I admit I haven’t really mastered it yet, but I think I’m getting better at it, and am grateful that my clients have been accommodating. On the other hand, I don’t think that I’d be nearly as stimulated as I am now, but that’s a topic for another post.