As the gig economy continues to grow, more and more individuals are turning to contract work as a means of income. For many, the flexibility and autonomy that comes with being a contractor is incredibly appealing. However, there are some factors to consider as a contractor over 2 years.

First and foremost, it is important to remember that as a contractor, you are responsible for your own taxes. This means that you will need to set aside a portion of your earnings each quarter to pay your tax bill at the end of the year. It is also important to keep track of all expenses related to your work, as many of them may be tax deductible.

Another consideration for contractors over 2 years is the potential for burnout. Contract work can be incredibly demanding, and the pressure to constantly find new clients and projects can take a toll on your mental and emotional wellbeing. It is important to take breaks when necessary and to set realistic goals for yourself in order to avoid burnout.

One of the benefits of being a contractor over 2 years is that you have likely built up a strong network of clients and contacts. However, it is important to continue to cultivate these relationships and to actively seek out new opportunities. This may mean attending industry events, networking on social media, or reaching out to your existing contacts to see if they know of any upcoming projects.

Finally, it is important to remember that as a contractor, you are essentially running your own business. This means that you will need to stay on top of invoicing, accounting, and other administrative tasks. While this may seem daunting at first, the more experience you have as a contractor, the easier these tasks will become.

In summary, being a contractor over 2 years can be incredibly rewarding, but it also requires a certain level of discipline and self-motivation. By setting realistic goals, staying on top of administrative tasks, and continually building your network, you can ensure that your career as a contractor continues to thrive.