You're listening to our brand-new Freelance to Founder SHORTS, 5-10 minute episodes answering one (or two) questions from listeners like you. To submit your question, visit FreelanceToFounder.com/ASK and we'll feature you on an upcoming episode. Today's question comes from Travis Hostetter. He says, "I'm only a month into freelancing. I've just made $95 with another $500 on the way. The flexibility I have with my time is amazing. But losing a strong W-2 income has been hard. I'm in a position financially where I can be patient, but there are also operating opportunities to earn significant income as an employee. What are some of the biggest pros or positives of being a 1099 freelancer. How can being a 1099 outweigh the W-2 when the taxes are so high?" He's basically struggling to decide if really this freelancing thing is worth it when there's so many higher-paying opportunities out there. Today I'm joined by my friend, Adam Wright, and we're ready to answer. This episode aired originally on November 15, 2022. Listen to our full-length coaching calls: http://freelancetofounder.com Support our Episode Sponsors: LinkedIn Jobs - Find the candidates you want to talk to, faster Dripify - Premium learning platform for entrepreneurs SolidGigs - Get more freelance jobs Freelance to Founder is made in partnership between Millo, Dripify, and The Podglomerate. Learn more about your ad choices. Visit megaphone.fm/adchoices