With the rise of the gig economy, freelancing has become one of the hottest career trends to date. Freelancing allows people to make money on their own terms and in some cases, pay better than full-time work. But what exactly is freelancing? How does it work? And how can you get started freelancing? This beginner’s guide will help you understand everything you need to know about freelancing so you can start earning money on your own terms!
What is freelancing
To define what freelancing is, we first need to understand what it isn’t. There are three main differences between freelance work and a traditional job. The first difference is that, as a freelancer, you have more control over when and where you work. Instead of showing up at 9am sharp on Monday and leaving at 5pm every day from Monday through Friday, you can work whenever you want as long as your client is satisfied with your work. A second difference between freelancers and traditional employees is that freelancers set their own rates for each project they complete, which typically allows them to make much more money than someone working in an office environment. The third difference has to do with contracts.
How freelancing works
Once you’ve decided to go into business for yourself, a lot of decisions must be made. You need to figure out what kind of freelance work you want to do and how much time you can devote to it each week. Once you’ve committed, there are a few ways you can begin getting clients. We discuss some great freelance websites in How freelancing works. Choosing one might make it easier for clients to find you and vice versa—but don’t discount networking as an equally good place for new clients! Be sure that any site or service you choose allows your best self shine through by showcasing samples of your work and testimonials from past customers.
How to become a successful freelancer
In order to become a successful freelancer, it’s important to remember one thing above all else: you’re a business owner. This means that you should have your finances in order from day one and be prepared for all of your tax obligations and fees associated with being self-employed. It also means making sure that you structure your time effectively and treat your freelance business as seriously as any other small business by ensuring that you market yourself in an organized way, negotiate contracts professionally, and take on only those projects that will allow you to make a profit.
The fact is, more and more companies are looking for freelance talent. The gig economy is booming, bringing in huge amounts of revenue every year, and it looks like it will continue to do so for years to come. Still on the fence about whether or not you should take your career freelance.
The first step in freelancing is actually finding a client. Where do you find clients? How can you find them effectively? First, look around and see if anyone you know or any of your colleagues are freelancers or freelance companies. If you don’t know anyone that way, there are several resources available online where people post what they’re looking for and where they can be contacted. One of these websites is Elance, which lists all sorts of jobs and jobs seekers all over the world. Another option is oDesk, which does basically what Elance does but also offers a mobile app so you can search for work on-the-go. If neither of those options appeal to you, try posting on Craigslist. It may not seem like it at first glance, but Craigslist has an entire section dedicated to freelancers and even has its own subcategory called gigs. You can also check out job boards on LinkedIn or Twitter.
Working from home
Flexibility, no commute and a sense of freedom—these are just some of the perks of working from home. These days, more people than ever are turning to freelancing as a full-time job. In fact, recent studies show that 34 percent of Americans telecommute on a regular basis! So what is freelancing and how does it work? On top of that, what are some common challenges you’ll likely face while freelancing? If you’re not sure whether freelancing is right for you or simply want to learn more about it before diving in headfirst, read on!
Is freelancing for you?
You’ve decided that freelancing is right for you. It may be your first time, or maybe you’re transitioning from a full-time position. But before jumping in, it helps to understand what life as a freelancer is like. If you’re just starting out and aren’t sure whether freelancing is right for you, here are some common signs that it might be: ____ ____ ____ If all of these points resonate with you and speak to your needs, freelance work may be an excellent choice for you.
Dealing with setbacks
In any business endeavor, expect setbacks and prepare for them. The successful freelancer acknowledges what may go wrong and doesn’t let failure derail her from her goals. When something goes wrong, take a deep breath, put on your problem-solving hat and find a solution. If you can’t fix it on your own, reach out to other freelancers or even hiring firms for advice. A setback is not an excuse to throw in the towel; rather it’s a chance to learn something new that will make you better at what you do.
Freelancing is a flexible career path with many upsides and relatively few downsides. While there are some potential tax issues for freelancers, for most people it’s not that different from running their own small business. Like owning your own business, freelancing can allow you to spend more time with your family and control your schedule. If you want more freedom and control over how you work but don’t want to give up steady pay, freelancing could be an ideal career choice for you!