Ankur Syal

Sep 24, 2024 • 4 min read

What’s the future for a freelancer?

Stay Solo or Build an Agency or is there something beyond that?

What’s the future for a freelancer?

Freelancing can feel like the ultimate dream—freedom to choose your projects, work on your own terms, no boss breathing down your neck, and you are the center of the universe.

But as time passes, you might wonder, Is freelancing the end goal, or should I be aiming for something bigger?

Let’s dive (this word is chosen by ChatGPT) into what career development looks like in the life of a freelancer and answer the burning question:

Should you stay a freelancer for life?

The First Step - Your Craft

The first stage of your freelancing is mastering the work you do. Whether you’re a designer, developer, writer, or marketer, the initial years should be about honing your skills. This is your foundation—the better you are at what you do, the more valuable you become to clients.

Actually, the better you solve a client's problems, the more valuable you become to your clients.

Short-term Goal: Focus on becoming really good at your niche. The better your work, the more clients will flock to you, and the higher rates you can charge.

Building a Personal Brand

Once you’ve mastered your craft, the next step is to build your personal brand. Think of it this way:

you’re not just a freelancer, you’re a one-person business. What do you stand for? What makes you different from the thousands of other freelancers out there?

By developing a brand, you set yourself apart from the competition. It’s what makes people remember you. It’s also what makes clients seek you out, rather than you always chasing them.

You can build a personal brand as the world's best website footer designer for a fintech business. (Only if you want to no pressure)

Mid-term Goal: Invest time in building a strong online presence—through social media, a portfolio website, and even speaking engagements or writing blogs (like this one! Ha!).

This helps position you as an expert in your field, increasing your value.

Diversifying Your Income Streams

As a freelancer, you’re likely relying on clients for your income. But here’s the thing—depending on just one source of income is risky. Clients can disappear, markets can shift, and your workload can dry up. That’s why smart freelancers look to diversify.

Diversifying your income means exploring other revenue streams like passive income through online courses, eBooks, or even affiliate marketing. You could also consider consulting or mentoring.

Or, you can build a new business doing something you like. For example, soon you'll see me selling organic spices.

Long-term Goal: Find ways to create multiple income streams. This could be as simple as writing an eBook about your expertise or creating a course on platforms like Udemy. The idea is to reduce dependency on client work alone.

Should You Build an Agency?

Here’s where the big question comes in—should you scale your freelance business into an agency? For some, this is the natural next step. As an agency, you can take on bigger projects, hire a team, and focus more on managing the business than doing the actual work.

However, running an agency comes with its own challenges—managing people, dealing with overhead, and handling client expectations on a larger scale. It’s not everyone wants, Remember why you started Freelancing.

Alternative Path: If scaling isn’t your thing, you can stay a high-end freelancer, working solo but increasing your rates as your expertise grows. There’s nothing wrong with being a “freelancer for life” if it aligns with your personal goals.

Personal Development & Balance

Freelancing is more than just work—it’s about building a life that aligns with your values. While career growth is important, so is personal growth. Freelancers often burn out because they’re so focused on the hustle.

As part of your career development, remember to invest in personal growth—whether it’s learning new skills, taking time off to travel, or pursuing hobbies outside of work.

Life-long Goal: Achieving a balance between work and life should be a continuous goal. Freelancing offers flexibility, so use it to design a life that brings you fulfillment, not just money.

Should You Be a Freelancer for Life?

There’s no one-size-fits-all answer to this question. For some, freelancing is the perfect career—giving them control, freedom, and a sustainable income. For others, freelancing is just a stepping stone toward bigger goals like building an agency, launching a product, or diving into a different career.

Ultimately, the question isn’t about whether you should stay a freelancer for life—it’s about what you want from your career. Whether you choose to evolve into a full-fledged business owner or remain a high-end solo freelancer, the goal is to keep growing, keep learning, and most importantly, keep doing what makes you happy.


If you’re new to freelancing and don’t know where to start, I’ve created a toolkit to help you begin from level 0. For everything, you need a strong foundation, and this toolkit helps you build that foundation. It’s a roadmap you can use anywhere.

For Domestic: https://topmate.io/ankursyal/1134525

For Outside India: https://ankursyal.gumroad.com/l/a-client-centric-blueprint-with-templates

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