Have you heard anything about freelancing? Some people are excited to start a freelance business as soon as they learn what is possible. You could be making money doing what you love instead of working that 9 to 5 and dealing with a crappy boss. You might be scared to take that leap though or not have a whole bunch of money to get started. That’s okay because there are businesses you can start right now for free. You’ll have more freedom doing the following in the gig economy.
- Social Media: With social media marketing, you can teach companies how to use social media to get clients as well as retain their current customers.
- Blogging: There is so much you can do with blogging. All you need to decide is which platform to use and what your topic will be. You’ll want to niche down so your message is targeted at your ideal customer.
- SEO: Search Engine Optimization is the key to getting content discovered on the web. You can master this for your own sites and also use those skills to help companies with their sites.
- Teaching: There are online teaching jobs that you can do remotely if you have a degree.
- Copywriting: If you have a way with words, you may want to consider copywriting. Businesses pay a lot of money to someone who can craft words in a way that sells their product or service.
- Ghost Writing: There’s a lot of people out there who have something to say but don’t have the time or skills to write it themselves, that’s where you come in.
- Magazine Article Writing: There are lists all over the internet of magazines that accept submissions.
- Grant Writing: Maybe you’d like to help a nonprofit. Consider grant writing.
- College Admission Essay Writing: There is students with big dreams of ivy league that are willing to pay someone to write their essays.
- Editing: There is constantly new content being created every day, and it needs to be edited. This can be big business with big profits for you.
- Online Research: Are you great with Google? You might find solo employment as a researcher.
- Translation: There are many companies and gigs that need someone who is bilingual. Put that skill to use.
- Graphic Design: If you are artistic and tech savvy then graphic design might be for you. Help create logos and design brands.
- Photography: There are many ways of selling photos online. If you have artistic skills with photography, even with just an iPhone, you can make money.
- Wedding Photography: People pay top dollar for wedding photos.
- Photo Editing: All those photos being taken need editing. Not everyone is good at that. If you are, it could be quite lucrative.
- Virtual Assistant: There are a lot of successful VAs behind thriving online businesses. You could be who an entrepreneur relies on.
You might also be able to find jobs on the best freelancing websites out there. If you do a bit of research you find that there are many to choose from, but some will be better for workers wanting to start freelancing. Freelance writing is a common path. You’ll have to consider the skills you already have as well as ones you are willing to invest in and learn. You may not necessarily have to have secondary education, but you may want to do an online course.
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.
You may be wondering how you can make more money with your small business. One great way to do this is to have a Millennial marketing strategy. Why? Millennials are a huge market with a lot of buying power. Millennials are anyone born between 1977 and 2000. They account for 25% of the US population. They also happen to spend 600 billion annually. You need to get a piece of that for your business! There are several ways you can make your business “Millennial-Friendly”. Here are some tips for you to take into consideration:
- Make your website work on mobile devices. You also need to be present on apps and mobile sites that they are utilizing, like Google maps.
- Every business should have a presence on Facebook, even if you are a solopreneur.
- Have live chat on your website. Millennials prefer to chat than pick up the phone and call a business.
- Use social media in real time. People should be able to reach out to you on Twitter and get a response from someone at your company, whether it is you or someone who works for you.
- Improve the speed of support. You should have fixed the problem within 24 hours. People are not willing to wait very long for things to be resolved.
- Have positive reviews online. Genuine ones. You may get some negative reviews no matter what, but strive toward resolutions and your customers, including Millennials, will recognize that.
- Use discounts and coupons. Millennials are savvy when it comes to saving money. They are a great marketing tactic and bring people to your business. People often spend more when they think they are getting a good deal.
- Have a mission and contribute to society. Do something to make the world a better place Millennials will take notice. Plus you will get to feel good about what you are doing, and who doesn’t like that?
- Treat your employees well. This goes without saying really, but word of mouth goes far. Employees that are treated well produce better work, anyway.
- Use email. It is the preferred way Millennials like to communicate. Some people might think email is outdated, but recent studies have shown that it is not.
Hopefully, your business is already doing a few of these things, but if you aren’t, now you have actionable steps to take to market for Millennials. Most of these steps require a great website as a base, and then you build on that from there. Thankfully most small businesses already have a presence online. As an entrepreneur, you want to make sure you are on top of trends and working with Millennials is a great way to do that. You may have some work ahead of you to make your business “Millennial-Friendly” but with these tips, you’ll be well on your way.
You might also want to initiate your small business with these high-paying skills and attract more millennials for a greater earning.