Five Facts Everyone Should Know About Freelancing
Freelancing might be a whole new world for you. It is an avenue to earn money without being physically hired in a firm or company. For some people, they choose to be a freelancer to have more flexibility in doing personal activities while having an income. For some, they might be into this field because they are looking for jobs that will earn them a lot of money.
Regardless of the reasons, many people in different generations are switching to virtual jobs that freelancing sites made possible. However, if you are new to this field, you might still be clueless about how this works and why people are willing to engage in this business.
Many people have acquired new skills and talents through freelancing. Some of them have gained new experiences that helped them improve in handling their lives. On the other hand, successful freelancing transactions changed the lives of several freelancers through having more quality of life. With this, the freelance community is growing and growing for the past years. It is proven to be one of the most used and most successful avenues for those who are seeking various methods to earn income.
If you are not knowledgeable enough yet about this platform, here are some of the facts you need to know about freelancing:
The number one source of freelance jobs is small companies/organizations
Small companies or organizations that can not afford full-time workers are the ones giving most of the freelance jobs in this platform. Since many talents are available online, these small firms have adapted to shift their hiring strategies through freelancing sites. With this, many freelancers have the opportunity to accept projects for an immediate income.
There will be large vast of projects offered by small companies to freelancers since it is one of their tactics to compete with other firms in the industry. With this, you can guarantee to have jobs available for you. However, you have to select the ones that fit you the most and wait for the client to pick you.
Doing freelance work will help you have higher earnings. According to statistics, more than 80% of freelancers earn the same or more than what they have in their previous regular work. However, be reminded that income in freelancing is not stable. For one project, you might be earning a lot. And for the next one, you might be earning less.
You also have to consider that you may not get a job every time you apply for it. Competition is high in this platform, and you need to level up your marketing strategies for a client will pick you.
Millennials make up the most number of freelancers
Out of all the generations engaging to freelancing, Millenials are the highest contributors in the freelance community. They are about 47% of the freelancer population. It is because they are high literate in the usage of technology. They are more creative in their advertising skills because they are more updated in the current trends. Also, they are more conversational and can easily engage in any negotiation.
Freelancing is made more accessible through technology
With the rising advancement of technology, almost every activity we do today utilizes it. It includes freelancing jobs.
Since many people are engaged online, more small companies choose to use this platform to hire freelancers. Technology has made it easier for negotiations between clients and freelancers to happen. With this, it generated more income, and more people earned from it while having the flexibility to attend to different other personal agendas.
You can keep both full-time employment and freelancing jobs
What's even more surprising about freelancing is that you can do this while still having your full-time work. If you want to keep your regular job and have a part-time on the side, then the freelance community is an avenue for you to use. You can be earning a monthly salary, and at the same time, you can have more extra money to spend on other expenses.
Freelancing isn't new in 2020. But it is continuing to grow as many people learn to utilize this platform. Not only freelancers are taking advantage of this, but also rising businesses and firms that are looking for fresh new talents available online.
19/08/2022 -
Administrator
