The options are limitless, except my part-time job HAS to be secure
It's really great that you're setting some ground rules for yourself in advance; they become
very important later on; particularly after you've been in a tiny room by yourself too many days in a row and you get a bit
I took a risk awhile ago; it definitely hasn't paid off financially, but creatively, yeah, it certainly has. It's very helpful to know what you want, what your goals are, and to know a bit about your productivity habits. Thinking of your time as a resource is also important, as Zach already pointed out. You have to ask yourself what you really want to be doing with it. Anyway, I left my full-time job for two part time jobs with unreliable schedules; one as a physics tutor and the other as a live audio engineer. Sometimes it's supra-hectic, other times it's quite calm and I have days on end to write.
There are plenty of practical things to consider, for example, how introverted vs how extroverted you are. This has been a really important question for me to answer as I started noticing some significant dips in my workflow after spending a bit too much time by myself. I'd always thought I was an introvert, but even introverts need at least some social interaction every now and then. There was always a spike in how much work I got done after those long days at my part time jobs. Some of this is hearing music with fresh ears, but some of it has a lot to do with spending time around others and then actually enjoying that time I get to myself in the studio. So I learned, to my surprise, that being by myself full-time probably isn't a good choice for me. Eventually, I'd like to find other creatives/engineers to share a studio with me to share ideas and socialize.
It sounds like you've already made some good decisions regarding your transition Jasmine. As far as establishing a company, I don't know this for fact, but most of the sources I've read and heard say to wait until it is financially feasible to do this. Maybe that's bad info, maybe not, but I know that I couldn't take on any more financial burdens at this point (
GODDAMN COLLEGE LOANS!). If my entire salary came from working as a composer, then it probably would be smart to find an accountant (their incentive is to help you financially as much as they can as it's good for them too) and establish a company of your own.
And again, your time is very important. There is
some money in writing jingles for sites (there's also a TON of competition) and if you want to get better at that and earn some money, that is great. I did it for a bit, will probably do more, but personally, and after having a bit of a think about it, I'd rather spend my time honing the skills to make the music that I want to make and getting better at that. Those abilities are more important to me than making a quick buck (and if your part time job IS stable, you might have the freedom to spend your time on what you want). Taking on projects that I WANT to do is my number one goal.
Oh, and I'm sure others have said this plenty of times before, but I've never found any reliable work from posting my portfolio anywhere; a lot of what you get are emails saying
"Hey, I like pianos and you had one in that song. I'm writing to give you the opportunity to write 4 hours of music for me for free. Everyone on the project is here because of the love they share in this vague idea I had on the toilet the other day".
I'm not bitter or anything.
But the best projects that I've worked on/almost worked on/had a nice conversation with a friendly developer on, came from pursuing the project itself, online and in person. If you really feel like you can contribute to a project (and they need a composer) and you believe in it, then reach out, even if it makes you really uncomfortable (it's still terrifying for me).
Did not mean to smack this thread with a text wall, but since your situation sounds very familiar, I wanted to share some fruit with you. Best of luck Jasmine.