Cameron Moll’s thoughts on freelancing

Cameron Moll has decided to end his spell as a freelancer by taking a full time job. To mark the change, he has posted an article on his website entitled “Farewell to freelancing: Final lessons learned”. He offers advice for freelancers or those considering the leap, elaborating on these key points:

You’re a business. Act like one.
Secure office space within 6-12 months.
You’re not a bank. Remind clients of that.
Smooth out revenue flow with residual income.
There’s more to life than business.

A favourite of mine is:

Don’t wait for great ideas to auto-execute. The web economy moves so incredibly fast today. Great ideas won’t turn into profitable action by themselves. If you think you’ve stumbled on that killer idea — one that nobody else is doing, one that others are doing poorly, one that sounds ridiculously simple but deceptively compelling, etc. — the time to act on it was yesterday.

Wise words.