Thinking of going freelance in a few months because I have gone 3 years without a raise and my work-life balance is awful. I’m not in a big ad agency market, so there are only a small number of places I could go to if I decide freelance is not for me and want to go back to agency life. Am I crazy to consider doing this now? Any advice from agency producers who took the leap?

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Yes, you are crazy for doing it now. On a few months or half a year from now though, it will be a freelancer’s market. When agency start to hire again it will first be freelance. No one will want to carry the overhead of full time, but they will need to fill client work.

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If you need a steady income, wait.

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* unless you already have your first gig lined up

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I will say, it really depends on your network and connections. If you don’t have a strong network outside of direct work connections, definitely don’t do that now. You really need to build referrals so the work keeps coming in. Don’t just make a leap because you’re unhappy. You will be more unhappy when there’s no money and no work. And it always depends on, do you have savings, cost of living etc, financial savviness etc.

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This. Not having work and seeing your money quickly run out is much more stressful than a frustrating job. I’m in the same boat with 3 years without a raise, I’ve walked out of a few jobs in the past, but wouldn’t do it now.

Sorry to hear that. It depends on your financial situation. If we go into lockdowns again it could get rough.

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Only 3 years?

I’d wait. Also look into going client side. You can find work-life balance there and better benefits. Best decision I made.

I think it’s a very hard time out there right now. Even with a strong network of connections.

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