Make money from home, a new type of employee

Freelancing - Make Money From Home | A New Type Of Employee
Freelancing - Make Money From Home | A New Type Of Employee

Successful freelancers make $70,000 per year on average, according to a 2014 study by Upwork and Freelancers Union. What's more, there are 300,000 freelancers using Upwork alone, and half of them are women.

And, if you're one of them, chances are you're doing pretty well. That's the good news. The bad news is that a new type of employee is trying to dominate your industry: freelancers.

As of 2018, an estimated 27% of the U.S. workforce consists of freelancers. No longer are freelancers relegated to a segmented workforce. They're no longer confined to tech support or administrative roles. In fact, a Freelancers Union survey finds that freelancers working in creative fields are twice as likely to earn more than $100,000 than other U.S. workers.


Clearly, the era of the 9-5 is over.


So what's the problem?


Fear.


Freelancers are afraid of losing their independence. Many still have a tendency to want to go into an office every day and clock in. In fact, the Freelancers Union reports that 25% of freelancers have been in a state of depression due to their fears.


Take a deeper look.

 

In the past, it was easy to distinguish an employee from a freelancer. For instance, employers could easily determine if they were checking emails and responding to client inquiries, or if they were holed up in a cafe, online, and not receiving any work assignments.


Today, however, all freelancers are one and the same: independent contractors. They run their own businesses from home, or at least try to. And since they're not employees, there's no required number of hours you must work, and they can show up whenever they like.

✔️ Best 9 Steps To Grow In Freelancing

This has several benefits:-

- You're free from corporate distractions and control, as long as you create a schedule you stick to.

- They're less expensive to retain than a full-time employee, which may make you less sensitive to commission opportunities.

- You can be more flexible with your schedule, including working remotely, and moving on when your schedule is blocked.

- You can be a higher performer without taking on the challenge of "showing up" every day and hitting an 8-hour workday.

With flexibility comes accountability. You are now responsible for being available for clients, answering emails, and keeping up with their needs and schedules.

Also, since they're paid a flat fee, freelancers have little to no accountability for missing deadlines and may be more prone to not completing projects on time.

But don't let that fool you. In fact, over 90% of freelancers say that the freedom it offers makes it worthwhile.

More than anything, freelancers' schedules allow them to create their own schedules. They're responsible for keeping their client happy, not corporate bosses.

So how can you prepare yourself for freelancing?

Here are some tips for coping with the transition:-

Try to do all the things an employee normally does to prevent burnout. Include lunchtime, an hour or so for getting out and about, and errands. This helps break up the monotony of the day and keeps you from getting stir-crazy.

If you've never worked in a collaborative environment before, this is a good way to get accustomed to it. If you don't mind working in the open, join a meetup group in your area. Join boards and start working on projects.

But be careful. When working remotely, make sure that your colleagues don't take advantage of your lack of a front office presence. Be courteous and be a team player.

Think about what a typical day would look like for you. No one will care if you are at your desk or at home. The same goes for your client. You should be available as much as you can, but if they can get work done, they will get it done. It's a business.

Some people worry that they don't have enough marketable skills. This is not true. As long as you demonstrate your skills on-demand, you'll be fine.

But you need to be willing to put in the effort. You need to show up, and if you have to use the phone, give it your best shot.

Unless you have experience in the freelance industry, try to start with a fixed price. While it can be tempting to take low-ball deals just to see how you like them, be aware that these deals will offer you a false sense of security. Low-balling freelancers will inevitably result in sub-par services and low quality.

Lying about your experience and charging too much is also a big problem. Be upfront about your skills and your client will know they're getting the real thing.

Make sure to maintain regular contact with your client. This allows you to both provide client references and stay on top of progress.

Being a freelancer doesn't have to be so bad. A few precautions can make all the difference.

Use this graphic from Freelancers Union for ideas on how to prepare for your transition:

If you're a seasoned freelancer, feel free to leave a comment below with your tips for beginners.