What Is Freelancing?
Freelancing is a contract-based profession where instead of being recruited in an organisation, the person uses his skills and experience to provide services to a number of clients.
In simple terms, freelancing is when you use your skills, education, and experience to work with multiple clients and take on various assignments without committing to a single employer. The number of assignments or tasks that you can take just boils down to your ability to deliver on them as asked from them.
Explore more about Freelancing with Pritish Kumar Halder.
Freelancing usually involves jobs (called gigs) that allow you to work-from-home situations. But don’t associate freelancing as the same as having a work-from-home job.
Freelancing doesn’t always mean that you’ll work from home. You might have to work at your client’s office too depending upon the type of work and the client’s requirements.
A work from home job involves a contract between you and a single employer who gives you a salary while freelancing doesn’t.
It is just that many of the jobs that freelancers perform can be delivered over the Internet without their presence at the company or clients place.
Who Is A Freelancer?
A freelancer or freelance worker is a self-employed person who earns money by providing services to multiple clients. These services relate to the person’s skills and are not necessarily provided to just businesses.
Freelancers either use third-party platforms like Fiverr, 99designs, etc. to get business or use their network to get more business and provide services to their clients directly.
But is it a good choice for a career? Can you sustain a lavish life while freelancing? How do you start with freelancing jobs?
Well, when 11 percent of the working adult population in the United States is working primarily as full-time freelancers, there must be something good about this industry.
Freelancing as A Career
The rise of freelancers has resulted in the development of a new concept – the gig economy. In the gig economy, a person, instead of working for a single employer full-time and getting a fixed salary in return, works for multiple clients at his own terms and at a price he thinks his work deserves.
Freelancing is an enticing profession. It takes care of almost all the problems of a usual service-class human. According to Upwork, Americans work an average of 47 hours per week. Freelancers work an average of 11 hours less per week than full-time employed workers. That adds up to about 550 hours per year or 23 whole days.
Full-time traditional workers spend nearly an additional full month each year behind the keyboard (or wherever they work).
Now that many of us have gotten used to working remotely (and liking it), it’s not a big leap to consider a freelance career. Freelancing allows you to decide where, when and how you work. In addition, if you have young children or older family members to take care of, freelancing enables you to make yourself available to the people in your life who need you.
unlimited earnings potential
Unlike working for someone else, working as a freelancer allows you the freedom to decide your worth. You can determine your pricing and make adjustments along the way. It’s not unrealistic that, at some point, you could be earning more money than working for your current employer.
Being a freelancer is essentially the same as being a business owner. You are in charge of your destiny. As long as you put in the work upfront, you’ll be able to build a loyal clientele, resulting in a sustainable business. That’s much more secure than being stuck in a job waiting for the next layoff or hiring freeze.
You are your own boss
Another advantage of a freelance career is that you have much more freedom than when you work for someone else. Freelancing allows you to choose whom you work with. Because you’re running your own business, it’s up to you to decide which new clients to take on, what your rates are and what hours you work. You can accept assignments that seem interesting and turn down any projects you don’t want.
can test the waters
If you want to transition to working for yourself slowly, freelancing is a great way to test the waters. As a freelancer, you can experiment with different product and service offerings to see which ones are more profitable than others. Once you’ve gotten your business off the ground, taking that final leap to entrepreneurship will be easier.
While a freelance career isn’t for everybody, it does offer many undeniable perks. If you’re considering breaking into freelancing as a side hustle, a part-time job or a full-time job, now may be just the right time.