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Freelancing may seem appealing, but it often diverges from expectations. The speaker, a freelance software developer for two years and self-employed since 17, shares insights into the reality of working for yourself. They highlight that true coding enthusiasts may not enjoy freelancing, as it involves a significant amount of non-coding tasks, such as marketing, client communication, and administration. The speaker spends only half their time coding, emphasizing that if programming is a developer's primary passion, seeking a desirable company with a good culture and product is a better route. Freelancers should be prepared for the additional responsibilities they might not love, like project management.