10 Best Reasons why you should become a Freelancer
So, how’s the global economic recession treating you?
Are you satisfied with your current financial state, or are you worried about how to pay those insatiable bills from a job that is not obtainable or perhaps in jeopardy?
Of course, we all dream of securing a job that we don’t have to get worried about being laid off, overwhelmed about paying bills with the existing remuneration, or being stuck-up in a dreary position for ages. I’m sure you need a job where you don’t have to struggle to secure one, where you can work happily and get paid remotely.
The dream job is freelancing!
Freelancing is utilizing the freelance site to offer services for potential clients remotely and get paid anywhere. Interesting, I guess. To be a freelancer, you need to leverage your skills and access to potential clients. Whether you’re a professional freelancer or not, there are numerous opportunities to tap in.
Freelancing is one of the fastest-growing employing sectors in the world. The growth is touted to last for a very long time. With the outbreak of COVID-19, it’s no surprise that 33% of Fortune 500 companies outsource their workforce from the freelance site. In general, there’s a high demand for freelancers across various companies and institutions around the world.
Freelance platforms help companies source contingent workers for projects or job roles that do not necessitate permanent employment. Freelance platforms allow independent professionals to create profiles, share work portfolios, and communicate with potential employers. Organizations can search through candidates’ directories based on skills, experience, and other search criteria on these platforms.
Examples of 10 Best Freelance Platforms:
- Dh Designhill
- Dribbble Hiring
Here are ten evidence-backed reasons why you might want to give it a go:
- Wage stability
- Great Satisfaction
- Broadens Horizon
- Professional Growth
- Job at your fingertips
- It’s not too late to join
- Be your employer
- Lucrative Compensation
- Easy and affordable to start
Freelancing allows you to live the kind of lifestyle you desire. 70% of freelancers say freelancing is less demanding than working in a traditional job. Working from anywhere has become attractive as it provides flexibility for work hours and allows freelancers to work at their ease
2- Wage Stability
Data provided by the economists who worked on labor market analysis shows that at least 4 million private-sector workers have their pay cut during the pandemic. On the contrary, about 75% of freelancers claimed that their wages remained unchanged despite the high numbers of remote work during the pandemic. According to freelance statistics, content writers earn $15 – $80 per hour. Developers make $15-$150 per hour, and graphic designers make $20-$150 per hour on Upwork. These charges are stable irrespective of the current economic slump.
3- Great Satisfaction
Working for yourself gives you the most excellent satisfaction ever. Free from office drama and job insecurities. According to Upwork’s 2018 report, 75% of freelancers are happier, more productive, and earn more than when they were doing a full-time job. Freelancing offers you an opportunity to work on your terms. The satisfaction derived from working for yourself is more than money.
4- Broaden Horizon
Freelancing prepares you for a professional career. It also harnesses your skills across different fields of specialization. A freelance job develops your ability to work on a variety of projects. Working for one company, organization, or institution may not provide experience in other career areas. Freelancing is a way to broaden horizons.
5- Professional Growth
Freelancing offers you an opportunity to have in-depth knowledge and exposure in your area of specialization. Upwork 2018 reports that 66% of full-time freelancers update their skills to ensure they are marketable as the job market advances. Freelancers participate in more self-development training than when they were full-time employees.
6- Job at your fingertips
Freelancing has made the job hunt easier and enjoyable. You don’t have to worry about the scary unemployment numbers anymore. The freelancer site currently offers 19,000 jobs daily and over 14,000 freelancers available to work every day. It implies a high demand for freelancers by clients who are ready to pay for services at a lucrative amount.
7- It’s not too late to Join
Oh yes! You’re not late. According to Forbes 2019, by 2027, it’s estimated that over 50 % of the global workforce will be freelance workers. It implies more Jobs. A significant reason you most freelance!
8- Be Your Employer
For most people, working under an employer can be so frustrating. Starting as a freelancer offers you the ability to be your boss. No more working with control-freak management, being clocked in and out of the office, no more getting queries for being late—you are the captain of your ship, and that’s a great experience.
9- Lucrative Compensation
According to Forbes 2019, the average global freelancing hourly rate is $19. No wonder 51% of freelancers say no amount of money would make them consider a full-time job. Upwork 2018 reports that 31% of freelancers make at least $75,000 per year, up from 16% in 2014.
10- Easy and Affordable to Start
Unlike other entrepreneurial businesses, freelancing is easy and very affordable to venture into. First, you need a communication channel to communicate effectively with your potential clients, to receive tasks and payment. You also need to register on the freelancer site, select the services you provide, and decide your price.
From the benefits highlighted above, you would realize that freelancing is worthwhile! But it would be best if you had a great deal of commitment, excellent time management skills, and dedication to manage your own business.
Related Post: The Pros and Cons of Freelancing