Hands down, the most common reason GDB readers haven’t made the change to freelancing is because they fear the loss of “job security.”
And while I’m a huge advocate of having a day job (only if it adds value to your life and lets you pursue your passions in life…remember, don’t hate freelancers with full-time jobs), I have to wonder why job security seems to be such an issue.
I mean, think about it for just a sec:
Which is more secure, a job where you punch a clock every day (metaphorically or not) or one where you work your tail off every day to find new business, build avenues of passive income, and define your own success?
At any minute…
You see, at any minute your boss could decide to fire you.
Your company could decide to downsize.
Your company’s clients could go out of business or customers could stop buying.
And then what are you left with?
How secure is your job when your success or failure can be determined by so many external factors?
Not that secure.
The real fear
So the real fear that seems to be creeping up is not the fear of losing job security, but fear of taking complete control of your success.
If you’re working for someone else, you don’t have to chase customers and clients (usually).
You don’t have to market the business, build a client base, and track revenue and expenses.
All you have to do is come in everyday, try not to suck, and get your job done well.
So what you’re really afraid of, possibly, is the responsibility of managing a real business.
And you should be scared
Frankly, it’s ok to be afraid of starting a freelance business.
It’s not easy.
But to say that it’s any less stable or “secure” than a full-time day job is just smoke a mirrors.
You’re really afraid you can’t live up to what it takes to start and run a business.
The truth about job security
If you can get past the fear that you feel when you think about breaking out on your own, you’ll realize that a freelance gig is actually much more secure than a standard day job.
Chance of getting fired? 0%
Chance of getting let go through downsizing? 0%
Freedom to build your business and you career exactly like you want to? Priceless. (I know, cheesy. I couldn’t help myself.)
So real job security lies in creating something for yourself. Something that depends on you and you alone. And then it depends on confidence. If you believe you can do it (and I believe you can!) then you can do it!
A day job isn’t bad
But a day job isn’t evil.
I have one.
Lots of freelancers have them.
But what if my boss (knock on wood) walked out of his office tomorrow and fired me.
Would I be completely lost? No.
Would I be able to pay my mortgage and feed my family? Yes.
Because I also freelance part-time and could easily transition it to full-time if I needed to.
Now that’s job security!
How secure is your day job? Is it worth putting off your freelancing adventure? Leave a comment and let me know what you think.