Your retirement can mark the end of one career and the beginning of a new one. As a one-person solopreneur/freelancer/independent professional you have significant earnings potential while enjoying high levels of control over your work/life balance. There are literally dozens of worthwhile one-person activities, and more being invented all the time. If you choose to pursue a professional license or credential after retirement, it should be for work that you enjoy and that brings you satisfaction during what will be a significant commitment of your time and energy. Whether you are considering becoming a one-person business, or have already decided to pursue this avenue, the information on these pages will provide you with clarity and direction.
10 yes/no questions to help you determine if this is a good direction for you
Am I willing to invest the time, energy, and financial resources required to obtain a professional license if that’s required for the type of work I want to do?
Am I disciplined and self-motivated?
Can I withstand inconsistent income streams?
Do I work well independently?
Am I ok having to respond to clients’ varied requests and requirements?
Am I able to develop, or do I have, a portfolio of work I have produced in the area I want to specialize in?
Do I enjoy sales and marketing, and have I been successful at it?
Am I tech-savvy with using online communication platforms and work tools?
Do I have a large base of potential clients?
Do I enjoy building referral networks and partnerships?
Although the technology sector has many of the highest paying freelance jobs, there are freelance jobs across a broader professional spectrum.
Here are questions and answers that address common issues and concerns for those interested in becoming a freelancer or solopreneur.
Assess this option against the following eight criteria: