You Were Laid Off. Do You Go Freelance Or Hold Out For Full Time?
There are pros and cons to consider in this decision.
I was recently laid off with some severance, which gave me some cushion in the job search. I know the job market is a slog though, so I wanted to make sure my skills are kept sharp not just for my next job but really in the long run. I am considering setting up an editorial and content strategy consultancy, so that at least I have recent projects that can continue to be valuable to potential employers. Would setting up a whole new business get in the way of actually seeking a job? Would that divide my attention and efforts into competing buckets? In a perfect world, if I knew I could not fail, I would set up my own consultancy offering fractional editorial leadership, from content strategy to execution, but I also don’t know if I have what it takes to be a solo entrepreneur.
— Experienced Journalist
The best next career move is not one size fits all. It depends on your individual interests and priorities, as well as your runway for how long you can hold out for what you want (how much money you have to support yourself and emotional capacity to live with the uncertainty). It also depends on opportunities available to you. If you’re an artificial intelligence expert and getting $100 million job offers, you may want to ride that wave.
This journalist above asks about launching a........
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