Are you a freelancer? If so there are things you need to know about the current trends in freelancing. If you haven’t left your current job yet, then you should still know that the freelance economy is constantly growing and changing. In order to do well, you will need to stay on top of current trends. You have to be open to changing strategies to make money in your industry. Consider the following as a guide to the trends in freelancing.
- There’s a need for freelancers. Research out of Princeton revealed that 94% of the ten million jobs created in the US between 2005 and 2015 are temp or freelance. There are so many people now that are leaving their 9 to 5 jobs behind. You can’t blame them, it is amazing to be your own boss and be location independent.
- You are no longer solo. You may actually find you have so much work that you have to turn to other freelancers to help you and outsource. You can do this on freelancing sites easily by posting that you are looking for workers. A lot of people do this, and make money doing so.
- The jobs are not hourly. Most jobs are fixed price. This allows you to make more hourly and be done with time tracking. It is a lot easier to know what you’ll have coming in each month as well. If you are a fast copywriter, for example, you can make a lot of money hourly because you are doing fixed price jobs.
- Content marketing is necessary. Many businesses need help creating content and then marketing it on social media. You can pitch big businesses to work with them in this role. But you also have to do your own content marketing to gain clients. Have a social media presence and a website. You may have to spend money on getting a professional and current looking website made for you if this is not your line of work. You don’t want your site to look like it’s straight out of 1995.
- There are new places to find work. There are so many freelancing sites now and it is good to be on all of them. Some people say that you can only find low paying work on these platforms but that is simply not true. There are many people getting full-time clients on freelancing platforms, and you should be one of them. There is no harm in at least signing up.
Leaving your 9 to 5 is possible. It is so much more enjoyable to be a business owner on your own terms than having to answer to a boss and making someone else rich. You can be location independent and see the world if you want to. Or, you can just stay at your current home and have a more relaxing atmosphere to work in and lose the travel costs. Freelancing is a dream for many, and it is possible to make it come true if you put in the work. Use these trends as a guide to quitting your job and being more successful as a freelancer.
Are you curious about freelancing? You may want to know what it takes to be a successful freelancer. There are definitely benefits to leaving the 9 to 5 world behind. But you may just want to explore what it is about before you take that leap. The following is a freelancing guide. More knowledge will lead you to success.
- Don’t call me a freelancer. A lot of freelancers prefer to be referred to as business owners. “Freelancing” once meant you were underemployed or barely employed at all. That is not what it means today. A lot of people are still surprised that it is possible to make money from home and not only make ends meet but thrive as a freelancer. Some people might have doubts. Prove them wrong.
- We do it by choice. In 2015, a global survey reported that 60 percent started freelancing by choice. We take risks but we love freedom. There are many benefits from leaving your 9 to 5. It can still be stressful but there is no income ceiling and many are traveling while they work.
- Not all are creative. Sure there are copywriters and artists, but that doesn’t account for everyone. Some freelancers are accountants and IT professionals. There is a freelance track for everyone if you really think about it and put in the work.
- We share on social media platforms. A Contently survey results concur with this, as 65 percent reported using their social media profiles regularly. It is a way for us to build a platform and get work. You can definitely score clients on social media. It is a great resource for freelancers.
- We enjoy pitching and marketing. Unfortunately, we can’t always just do our work. We have to market ourselves to get jobs. This includes networking, advertising, and social media marketing. You become skilled in many things as a freelancer. You have to, or you won’t get any work. Be ready to put in the work.
- We usually have many marketable talents. You may not be experienced at a masters level at everything you do, but the more you can do the better. Some like to specialize but others prefer to mix it up to avoid burnout. You can do various gigs instead of one full time job to keep yourself from getting bored.
- We go after the money. Instead of taking low-paying gigs, you should market yourself to your ideal clients. Taking too much work at a low rate will eventually make you burn out, or you’ll just be very broke. Either way, it is not ideal. Go for the money, and pitch high paying gigs. If you have to work below your normal pay, see if you can go above and beyond (once) and negotiate for a better rate if it becomes an ongoing gig.
- Some have large incomes. There’s no ceiling with what you can earn by freelancing, which is why a lot of people do it. There are many freelancers making six figure salaries. Why settle when you can be successful? It won’t happen overnight, but there are definitely entrepreneurs who are making a lot of money freelancing, and you can as well.
Now that you have a better idea about freelancing, you can think about how you can do it as well. You have probably learned skills in previous or current employment, or have interests and creative skills that you can use to start a side gig. You should do your research and see what you can do to start a side hustle and become a successful freelancer.
It’s Sunday night. That’s when the dread sets in. Like an elephant sitting on your chest. The weight of the world on your shoulders. You’re coming up on another Monday. Another day at the job you can’t stand. Maybe you’ve been there for years and think you can’t afford to quit. Maybe you never applied yourself in school and took something entry level that just isn’t for you. Maybe you think getting fired is on the horizon and you are scared about what will happen next. Whatever your situation, let’s take a moment to dwell on what your boss isn’t doing at your 9-5:
- Ask how you are doing. Wouldn’t it be nice if they even pretended to care? Maybe you even try to be friendly but get no response.
- Help navigate your career path. Where exactly is this job taking you? Probably nowhere fast. What a downer.
- Encourage creative pursuits. Do they know anything about what you enjoy outside of work? Do you have time for your hobbies at all? What were they again?
- Give straight feedback. Maybe your boss is a jerk but do you even know what you’ve been doing “wrong”? Are you doing anything wrong? Are you even sure? Probably not.
- Maybe you have spoken up, but were you heard? In one ear and out the other. Nothing has changed.
- Give you a job well done. You hear about the negative but never the positive. It would be nice to get some good feedback just once. Or maybe all the time. Yeah, that’d be great.
- Mentor and coach. Wouldn’t it be nice if you had a leader guiding you? What are your next steps? Can you ever expect a promotion?
- Maybe a good boss would help you learn. You might enjoy training if you felt it would actually benefit you. Maybe you would apply yourself.
- Lead by example. A crappy boss is not a leader. They just yell at people and sit in the office.
- Comfortable with flex schedules. Wouldn’t it be nice to work from home? Make a doctor’s appointment without the hassle? What if you kid gets sick, can you call out without recourse?
If you related to this list you may have a crappy 9-5. But don’t worry, you can escape it if you have drive and persistence to make it happen. You can use your skills to freelance. The gig economy is growing every day. You can be your own boss on a path to success and love every minute of it. If you aren’t sure what skills you have, there are many that you can try and build up a portfolio. One good example is freelance writing. Set up a website and write up your best samples and start marketing yourself. Research online some tricks of the trade. Soon, you’ll be able to escape that awful 9-5 and get rid of that lousy boss for good.
Studies show that most full-time employees are not engaged at work. Within the gig economy, there is much less focus on attendance and the 8 hours (or more) work day. The freelance worker can generate ideas from anywhere, at home, or even while running errands. The gig economy focuses more on the results the freelance worker provides. This gives the individual a lot more freedom to do what they want in life. They also can be a lot more passionate about what they are doing. You get to chase your own dreams when going into business for yourself.
For companies, office space can cost as much at $12,000 per month. That’s very expensive and you would want to get the most for you money. In truth, workers spend a lot of time at the office not even working. Independent workers and cheaper and much more motivated to increase their portfolio and get good reviews. There is less overhead with freelancers than with a traditional full-time employee.
For freelancers, it makes the most sense to work at home doing what they love. They don’t have to commute and they don’t necessarily even have to deal with many people outside of those they contract with. There is no office drama. You don’t really have to worry about sick days. There is a lot more freedom and they can do what they want when they want. Working remotely from home is ideal for them.
It seems clear that freelancing is ideal versus a full-time job. There are many platforms where a freelancer can search for clients. Many companies are finding it is cheaper to hire freelancers instead of full-time employees. You may prefer looking for great work rather than a great job, as they are disappearing. Most freelancers have no desire to return to full-time work once they leave it behind, and with good reason. For a freelancer, it is easy to use gig websites or even set up their own website to find their ideal client. Once someone starts freelancing they may never want to return to the office again.
Are you looking to become your own boss? Perhaps you heard about freelancing and would like to try it out for yourself. It is possible to live the American dream and be successful. Being a freelancer is a lot of work but it’s definitely worth it. Here are 8 steps to becoming a freelancer.
- Get credentials. Depending on your industry, you may need specific credentials to freelance. If you are working for someone else, you might be using their credentials. Research this before you make the leap. You might want to take classes or even potentially go back to school, however there are a lot of skills you can research and teach yourself for free or minimal cost online.
- Make a business plan. Lose the employee mindset. You are now a small business owner. Set goals and plan and start with a great framework. You work for yourself and have clients now.
- Create an online presence. Get your business name on all social media platforms. You don’t have to be on all of them at once, but you want to secure your name on them for the future. Focus on two. Once you get two down, expand on your other channels. Have a consistent brand image.
- Create a pitch. If you are a copywriter this is a no brainer but you still have to network even if you aren’t a writer. Create a basic outline you can edit for each potential client. Don’t just make a form letter and send it to everyone without changing it. They will notice and you will not get jobs. Competition can still be fierce on gigs, even though there are more of them today than in the past.
- Join your community and network. Join groups in your industry on Facebook and LinkedIn. Get to know people. Answer questions. Don’t be spammy but get your name out there. Marketing yourself and your business is very important.
- Learn about competition. Study those in the same industry. Don’t just copy them but learn what they are doing right and wrong. Learn from them. You may even want to reach out to them for possible collaborations. Make friends with those in your industry.
- Win clients, before you leave your day job. Get a source of income coming in before you make that jump. You may want to have a couple months worth of expenses saved just to be safe.
- Quit your day job. Once you’re ready, quit your job and go full time so you can focus on your business. It takes a lot of work and you’ll get drained doing both. This is the best step in this list, but you want to do it wisely. Don’t have all your eggs in one basket.
With these freelancing tips for beginners, you will be on your way to creating a side business that could potentially lead to full-time income. Focus on each step in your journey but keep the end goal in mind. It is possible to reach your goals and be your own boss, although it will take a lot of work and dedication. Being a freelancer is a dream for many, be brave enough to take that leap and you will reap rewards of an independent lifestyle.
Are you unhappy at your current job? Maybe you heard about freelancing and want to give it a try. Freelancing has given a lot of people freedom to do what they love. You can escape the dread of your 9 to 5. There is no income ceiling, so you can make more money. Or perhaps you’ve had a side gig for awhile, you have good feedback on freelancing sites. You are getting to the point where you really know what you are doing but would like to grow. Either way, you are wondering if you should have your own website for your small business. But you might be seeing some issues with taking the leap.
- Websites cost money and you aren’t sure if you want the added expense. Setting up a website can cost thousands of dollars, but there are ways to do it yourself. You can do research online.
- Isn’t it complicated to set up a website? There are certain hosting plants that can have a nice look to them are aren’t necessarily as complicated as WordPress can be. If you aren’t a designer, make sure you look into this for a great website that is less complicated.
- What type of design should I choose? A design can be expensive, but some or free or at little cost and can get the job done.
- What domain should I choose? This can be a hard thing to decide. If you aren’t sure, most people just use their name.
- I have other ways of finding work. You might already have clients, but you can possibly find your dream clients by having a website. This lets people learn more about you, what you offer, and maybe even what you charge.
So why should you get a website? You’ll be building your brand, which is crucial in the gig economy and growing your freelance business. Prospects will know more about the services you offer which can encourage them to buy. You own your content, which isn’t the case on a lot of free platforms. Really, you need your own website, especially if your main gig is something like freelance writing. Most people like to at least reference a blog before hiring someone. It shows off the freelancers skills quite nicely.
Have you heard of the gig economy? Maybe you hate your job, or you are just looking for some side income. You can create your own freelance business and start making money from home. You might have some freelance business ideas but you aren’t sure how to be a freelancer. There are a bunch of things you could do, from offering freelance services to copywriting, to blogging. No matter what you choose, there are some steps you should follow before starting your own business.
- Sketch out your ideal business. What is it that you really love to do, maybe even at your current job? Who will your clients be? How will you help them?
- Think about the skills you possess. Are you a writer? A designer? Are you fluent in social media? There are endless possibilities here. Also, consider the skill you don’t have and if you want to learn them or outsource.
- Write a business plan. Set goals and determine your mission. You need to have a plan for what you are setting out to do. You will want to review and tweak it as you go.
- Network with other freelancers. Find out what other people in your niche are doing. Do they love it? Are they seeing income/clients? You may want to offer to pay to talk to them for an hour Skype session.
- Start as a side hustle. You may wish to start working with clients or writing while still employed. It can take awhile for a business to grow. You want to be able to replace your current income and beyond. You will be working a lot of hours but have security.
- Make sure you haven’t broken any non-compete contract with your current job. You need to research this before doing your own thing. You don’t want to get into any kind of trouble. You may want to talk to a lawyer.
Once you complete these steps you’ll be well on your way to starting a freelance business. Freelancing work gives you a great sense of freedom that you won’t find with traditional employment. There is no income cap and you can earn as much as you want. It is ideal for many people and possibly for you as well. With some upfront research, you can launch your freelance business the correct way from the start. Once you get going you may find that you enjoy the freelance work more than traditional employment. There is gratification that can only come from being your own boss.
Are you thinking about going back to school for either a Bachelor’s degree or an MBA? You may be wondering if a degree would make you stand out in the workforce and prepare you for a great traditional role at a large company. It used to be that you could get a Bachelor’s degree and immediately land a job. But now even those with Master’s degrees are having trouble becoming a full time employee. Unfortunately, education can only take you so far at this point. When dealing with a large amount of student loan debt, that is not great news. This is for several reasons.
- Full time jobs are disappearing. Growth is stagnant and there is not the financial security there once was. Companies are now looking for ways to outsource work.
- There is a decline in job growth. The economy has only recovered so much from 2008.
- Full time employees are a company’s last resort. Most companies are starting to avoid them. They use business models that can help them hire as little people as possible. They are the most expensive and least flexible source of labor. It costs 30 to 40 percent more to hire a full time employee than an independent worker.
- Traditional work does not work for most Americans. 30% of Americans do some form of independent work. Nearly 70 percent of full time workers are not engaged at their jobs, while another study found that 74 percent of freelancers had no intention of returning to the regular work force. These numbers are hard to ignore.
So what is the solution? Prepare to be an independent worker in the gig economy. Start looking for great work, and stop looking for a job. MBA programs have been very slow to adapt to this and still are geared towards traditional employment and full time work. They don’t strive to create a diverse portfolio of gigs but instead opt for internships in traditional employment for one company. A freelance MBA should be the way of the future, preparing students to enter the nontraditional workforce.
Freelancing can let you work on things you are passionate about and outsource the things you don’t like doing. You can go in business for yourself, instead of working toward someone else’s dream. You can choose your own hours. You can make doctor’s appointments and take care of family. There is a lot of freedom that comes with freelancing that you simply can’t get from traditional employment. This is why many Americans are choosing to go freelance instead of working full time for a company, if they can even get hired. It’s time to look into freelancing, as it may be the best option for you.
You just clocked out of your 9-5. Another day is over. You’re exhausted. But that’s the way it’s supposed to be, right? You work hard, pay your dues, and maybe someday get a promotion. That’s what we are taught from a very young age. But maybe it doesn’t have to be like that. Maybe you should quit working so hard for small goals, like that 3% raise or junior management. Maybe you could have bigger goals and see the big picture of your life. Maybe you could have a flexible schedule and do something you love, from home. How would you go about doing that you ask? Here are some things to consider:
- Look at past career experiences. What are you good at? Can you write, draw, do web design?
- Determine your values. What do you care about? What is most important to you about being in business.
- Work toward your own goals. Could you be your own boss? Where could this go? Do you want to travel or provide for your family?
- What is your mission? How will you leave your mark on the world? How could you make the world a better place?
- Think broadly. If you could do anything, what would you do? (Hint: You can do anything you want. Seriously.)
- Let your mind wander. What do you want out of life? Do you want to be more comfortable financially, have a more flexible schedule?
- What are your favorite skills? What are you not only good at but enjoy? Do you like to train, write, blog, design, etc?
- Determine your ideal work day. Do you want to work with others or is going solo for you? Could you take breaks in between tasks? Are you a night owl? Do you want to work in your pajamas?
- Refine your vision. Bring all these things together. What do you see? Could you make all this reality? You probably can if you dedicate yourself and decide to go into business.
With these steps, you can figure out how to get success on your own terms. You can work smarter not harder. You don’t have to work so hard when you do business your way. There is so much information on the internet today and businesses you can start from home with little to no investment beyond a basic website. Make up a portfolio and start marketing yourself. Most people can write or start a blog. Perhaps you enjoy social media. Can you do web design? Do you want to earn from home? Are you thinking what i am thinking? Perhaps a freelancing website would do… get what I mean? These are all things to think about. Start today, the rest of your life is waiting.
Do you have part time business ideas? Maybe you’ve thought about freelancing in the gig economy. Wouldn’t it be great if you could quit your 9 to 5 job? Without an income ceiling, you could potentially make more money freelancing than you do in your regular job. There are several jobs that are in very high demand in the freelance world that you should look into, especially if you are looking to quit your job.
- Copywriting and Editing. It used to be that you needed the education to become a full-time writer and that is no longer the case. If you have a way with words and understand SEO, there is so much content to be writing that you will definitely get hired if you have a decent portfolio and website. Don’t have a portfolio? Make one in the niche you’d like to write in.
- Subject and Test Tutoring. Teaching isn’t very lucrative, but tutoring can be. You can easily tutor across the country or even the globe via programs like Skype. You can charge a hefty fee as well. This is a great way to use your brain and make some money.
- Development and Design. Developers and designers are making a killing in the freelance market. These are skills that can be self-taught that not everyone has the time or desire to learn. You can develop a portfolio to show clients and go from there.
- Life Coaching. This may be surprising but the numbers don’t lie. If you have your life together, you can teach others how to fix their own. If you are young, you may still be able to cater to other young millennials.
- Freelance Animation. This can include things like animated banner ads. Regular people might have no idea how to do this, so if you are tech savvy and have an artistic streak, this could be for you.
These five gigs have the highest income in the freelancing world. Utilizing the skills you already have or even potentially learning some new ones, you could make a great deal of money. Why wait? Do some research and decide what is right for you. Starting a part time business may be a lot of work but definitely worth it in the end. The freelance economy is growing and you do not want to be left behind. There are great opportunities to be had.