The Freelance Feast or Famine Cycle

The Freelance Feast or Famine Cycle

Freelancers often experience cycles of “feast or famine,” where busy periods are followed by quiet ones. It’s stressful, but manageable with a bit of preparation. During the busy “feast” periods, make an effort to save a portion of each paycheck. This way, you’ll have a cushion for the slower times.

 

Even when you’re fully booked, keep networking and updating your portfolio. Consistent networking helps you build a pipeline of potential clients, so work keeps flowing even when projects slow down. During slower periods, focus on improving your skills, updating your website, or working on a passion project.

 

And when all else fails, embrace leftovers as “creative meal prepping” during famine season.