Freelancing – How and Why it’s done?

Do you know what’s the main source of survival for human beings?, many would answer that it’s food and water. Wrong!, it’s MONEY. Many even argue that it is the most important thing in the world. You can have food and water through money, but you can not have money through food and water. And you require money for nearly each and everything in the world.

Question is, where do you get money? well obviously by working. Many people believe that working means going to a 9-5 job or being a doctor, police officer or an accountant, but that’s not it. It is the scenario when you offer your skills in exchange for money. Now you don’t necessarily need to go out to work. You can do it while staying at home in your comfort zone.

How? Well through freelancing.

  • WHAT IS FREELANCING?

Freelancing is a contract-based profession where individuals are hired on contract basis by companies or clients looking to obtain certain services. These individuals are known as Freelancers.

freelancing
  • FREELANCERS

A freelancer is a self-employed person, working on several jobs for the same or different clients, at a time. They are hired for the completion of certain tasks and once they complete those tasks, they get paid.

  1. How do they get paid?

Freelancers are paid after completion of a job, in the form of hourly or daily rates. Freelance work is usually short and so freelancers have to take up multiple jobs in order to earn an adequate amount of money. Payments are usually made online through PAYPAL or Payoneer but direct bank deposits are also done in case of local clients.

  1. How much do they earn?

Freelancing is a business. In businesses, the more money you invest, the more profit you obtain. Similarly, in freelancing, the more time and skill you invest, the more you earn. For e.g, you can either do one $40 job in a week and take away $40 or you can do four $40 jobs and take away $160 at the end. It all depends upon you

According to  Payoneer data, an average freelancer works 36 hours a week at a rate of $21 per hour. So that gives him $756 at the end of the week, $3024 at the end of the month.

  1. What are the best freelancing websites?

There are a lot of sites out there that provide opportunities tp freelancers to push start their careers. Some are free to start and use while some require entrance fees. For beginners who are just starting out, it is advisable to use free websites Like Upwork or Fiverr. If you want to know more about freelance websites, check this out.

  1. How to start freelancing?

First of all, learn a skill. Then sign up on any of the freelance websites. Since freelancing has proven to be one of the best ways to earn money online, there are alot of people- freelancers out there. Due to this over flow of freelancers, many sites now have application processes. Meaning you apply for a spot in the skill category you possess and await for the sites approval. 

As soon as you are approved, you have the option to bid on different job postings or you can directly send them your CV or a file containing all your work experiences. That’s it. From that point forward, you have to work your way up. The more jobs you take up and successfully complete, the more you earn and the more your reputation increases.

Freelance work
BEST FREELANCE JOBS
  1.  Copy writing jobs
  2. Transcription/Translation jobs
  3. Graphic Designing
  4. Logo Designing
  5. Video editing
  6. Animation
  7. Personal finance
  8. Data entry
  9. Virtual assistant
  10.  Social media manager
  11. Voice over actors
  12.  Naming and Branding consultants

Conclusion

Again, freelancing is a business and the more time and skill you invest in this business, the more you will be benefiting. The biggest benefit of freelancing is that you can work on your own terms, work whenever you want. There are no such compulsions on you other than submitting the work on time. Moreover, you have complete authority to choose whichever projects you want to choose. The only drawback is that you don’t get any sort of extra benefits or perks the employees employed by companies and corporations get. Nevertheless, freelancing is an extremely profitable option for those looking to earn online.

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