What is Freelancing and who can be a Freelancer
What Is Freelancing And Who Can Be A Freelancer A distinguished freelance platform named “Upwork” claims in its annual report of 2018 that considerable growth is noticed in the number of people who resort to freelancing? It includes 3.7 million people.
Another organization under the name “Statistia”, predicted that the number of freelancers will grow over 86 million in 2028. Freelancing is an emerging phenomenon, particularly in the business world. It is a non-traditional way of running one’s own business. In this non-traditional business, you don’t need a lot of amounts to invest. You don’t have to follow a 9 to 5 job pattern.
This business makes you your own boss. You even don’t need to go to a specific place to perform your jobs. You can work while sitting on your couch or in your bedroom. You don’t have to worry about strict deadlines. You can work at your own pace.
Even, more importantly, What Is Freelancing And Who Can Be A Freelancer you cannot adjust a particular amount that you expect to earn from this business. Sounds interesting! Maybe you think it a daydreaming but that’s true. People are working as a freelancer while having the benefits we discussed earlier.
So, are you eager to know more about freelancing? Now you know many benefits of freelancing. Let’s explore together what freelancing actually is.
What is Freelancing?
Freelancing is a kind of non-traditional business in which a freelancer offers his services for a pre-decided amount mutually approved by the freelancer and his client. Another important this, to be discussed, is that a freelancer is not bound to offer his services to a single client.
Instead, he can offer his services to many clients at a time and can work on awarded projects as many as freelancers can win, based on his capacity. What Is Freelancing And Who Can Be A Freelancer A freelancer is a kind of self-employed contractor. He can work for not just clients, but also agencies, organizations, and companies.
These enterprises hire freelancers not permanently, but for a part-time or short term period.
Freelance Business System:
Freelancers get paid after providing the service required from them. They can work on projects for both, long term and short term time periods. Sometimes, clients hire a freelancer for even several hours per day or per week. Even they work o a per month basis. This agreement is often called a retainer.
Many legal experts work on retainer. Each month, they allot a set of time to the client, whether it is full time or not. What Is Freelancing And Who Can Be A Freelancer In simple terms, we can also refer to freelancing as a form of entrepreneurship? The freelancer provides a specific outcome or service and gets paid for it directly by the client.
Who can be a Freelancer?
Although this nontraditional business type provides many benefits and independence of work, it also demands a particular temperament from the person who wants to enter this field. What Is Freelancing And Who Can Be A Freelancer There is the following list of prerequisites you must follow to establish a long-lasting freelance business:
Skill or Service is the Key
If there is no skill or service, there is no freelancing. As discussed earlier, freelancing doesn’t demand a particular investment of money. However, it doesn’t mean there is no investment in freelancing.
What Is Freelancing And Who Can Be A Freelancer The kind of investment that freelancing demands from you is your skill or service. The more time you consume in the improvement of your skill or service, the better you can work, and the more you can charge.
So, a person, who wants to be a freelancer, should choose a skillset, work on it and offer it on freelance marketplaces. These skills may include content writing, graphic designing, podcasting, web development.
No Particular Degree or Experience is Required
Freelancing doesn’t demand a particular degree or years of experience to get projects or work as a freelancer. What Is Freelancing And Who Can Be A Freelancer What is required the most is the skill that is in-demand on various marketplaces. Clients rarely asked for the qualification of a freelancer.
Patience is Everything
Freelancing requires another thing from a newbie freelancer, that is patience. If you are not patient enough and want to be a millionaire overnight, unfortunately, your future as a freelancer is not bright. You will get disappointed very soon and give up the way that you opted.
What Is Freelancing And Who Can Be A Freelancer, In the beginning, you have to work hard to make your skill or service standards higher. You need to gain experience in your work and freelancing techniques. You cannot explore how freelancing works with just a blink of an eye. You need to master freelancing is mastering patience.
Slowly, your experience will pave your path towards becoming a high paid freelancer and you will definitely become a freelance billionaire or even more.
Soft Skills matter the most
Just like traditional businesses, you have to deal with clients and even freelance marketplace owners. To make this dealing successful, a freelancer should be fairly competent in soft skills that are your business communication skills. You need to be a convincing and effective communicator.
You need to know how to deal with different kinds of clients, how to secure your business interests, and how to win big projects by effective bidding. What Is Freelancing And Who Can Be A Freelancer If you have weak soft skills, work on them, and master them. Mastery of soft skills is mastery of freelancing.
Meeting the Moral Standards and Business Ethics:
If you want to be a successful freelancer, you have a dire need to know and follow moral standards and business ethics. Be polite to your clients. Avoid using informal language and being aggressive.
Follow the contract once finalized. What Is Freelancing And Who Can Be A Freelancer Meet the deadlines strictly. Whenever you face a conflict of interest or payment delivery issues, follow the rules prescribed by the freelance marketplace, or contact them. If you don’t know the ethics and standards, your survival may get hard.