Many believe that freelancing will be the future of work in the post-pandemic world. Millions have switched to a bedside computers to work, and a new generation of virtual workers is on the horizon.
Fiverr and UpWork both saw an increase in registrations and traffic. Fiverr currently has more than 7 million users and Upwork, with 17 million active users, is the most popular freelance work platform.
Many people were furloughed or lost their jobs due to the pandemic. Many people choose to work for themselves to secure their livelihood.
It seems that this work trend will be around for a while. A report shows that 60% of freelancers earn more than in their former jobs. Therefore, freelancers are becoming more popular and are opting to work alone.
These stats highlight the rise in the popularity of freelancing throughout the years. The US economy is boosted by freelancers, who contribute about 5% to the GDP and a total of 1.4 trillion dollars.
Statista has released a report showing that most US workers will be working for free by 2027.
This is a shocking statistic that most people don’t know. Google’s workforce is 54% freelancers and 46% permanent employees.
There are many freelance skills you can do. If you’re still curious about freelancing, Check out our list below. After reviewing all the pros and cons, you can make an informed decision.
- Here are the top 20 Freelancers Types
- No traveling to work
- Put on your P.J.s and work
- Location independence
- You don’t have to interact with coworkers
- Balance of work/life
- You don’t have to tolerate grotesque corporate choices
- Take a break whenever you need to
- Choose the projects you want you to want to tackle
- No hours fixed
- You can pivot at any point
- Reward yourself
- More driven
- Many sources of income
- Security of employment
- Being Boss to You
- Global Exposure
- Break The Monotony
- Develop your interpersonal abilities
- Create a Better Life
Here are the top 20 Freelancers Types
It’s evident that in the above picture, the top 20 jobs are mostly online-based. But that’s not to suggest that traditional jobs such as accounting, engineering, and so on employ freelancers. With this in mind, let’s take an overview of the advantages of working as a freelancer.
No traveling to work
The majority of freelance jobs allow workers to work from their homes. This is an enormous benefit. If you commute to work every morning, the 9-5 workday can be transformed into a 7-7.
The extra four hours could be frustrating and ineffective, especially if you’re driving. If you take public transport, then you might be able to do some work (more) or relax by reading a book or listening to music. Whatever you choose, it makes an ideal day.
A freelancer has the liberty to make use of those extra hours in any way they like. Maybe it’s an opportunity to explore a new passion. Brent started cycling and is now hooked.
Put on your P.J.s and work
For your birthday outfit. Or whatever you like. The freedom to wear a dress that you feel comfortable in is a plus. You don’t have to worry about formal suits or ties, shirts, or dresses.
Based on the freelance work you do, you could be able to work from a variety of locations close and far.
Laptops appeal to those who want to explore different places across the globe. Travel writer and blogger Ryan Biddulph has made a freelance career out of blogging from his paradise.
Others freelancers like to spend a portion of their time in local coffee shops since it keeps them away from the usual distractions like the internet.
A majority of freelancers believe that working for themselves allows them to work from anywhere, and over one-third have had the opportunity to relocate due to the flexibility and flexibility offered by freelance work. Freelancing in America 2015 Survey.
You don’t have to interact with coworkers
Indeed, certain colleagues may not be the easiest to work with. That’s not even putting it lightly.
As a freelancer, you can choose with whom you will work. If they are causing trouble with you, you can (politely) remove them. When you begin building your network, you’ll be able to befriend other freelancers you choose.
Balance of work/life
When you have a corporate office job, and the H.R. department is talking about the importance of work/life balance, you can be certain that they’ll get their pound of flesh before they balance the scales.
Just 29 percent of North American freelancers work over 40 hours per week. As freelancers, you can call the shots. You can manage your work and personal life the way you want.
You don’t have to tolerate grotesque corporate choices
A freelancer who is starting their own business takes on several roles. You’re the CFO, CEO, and COO, running the operation.
It could be intimidating for some. However, the good thing is that you don’t need to go through the ridiculous corporate emails filled with jargon. You make your own choices and live by them.
Take a break whenever you need to
You’ll need to go out and buy some food items. Or pick up the kids from school. Or go to the gym when it’s peaceful. There’s no problem. Being a freelancer, you can take a break whenever you’d like. There aren’t any set rules.
Choose the projects you want you to want to tackle
The choice of projects to tackle is an advantage. You’ll feel more enthusiastic if you’re a fan of being involved in your project. The process of working on them isn’t something you have to do.
No hours fixed
You can if you’d like to put in 60 hours a week and then take the next week off. If you’re planning to work for 10 hours on Monday and only two hours on Tuesday, then that’s great.
You can pivot at any point
When you freelance, you’re completely independent. This lets you change the direction of your project if you feel that a certain idea isn’t working according to plan.
In the world of business, this isn’t so simple. There are often multiple meetings and approvals that must be given before a decision to change is taken. The process can be long and costly.
The ability to pivot swiftly can be an exciting factor.
Do the company’s reward schemes inspire you? Perhaps you’ve never heard of the “moving the goalposts” bonus program. It’s the one where you put into the max, and you meet the criteria for a bonus, and then management notifies you that there isn’t any bonus since the company has incurred a loss.
Freelancers can be rewarded in a fair and transparent way, with no hidden conditions.
As freelancers, you are in charge of your income. In most cases, it will depend on the number of projects you choose to accept and the agreed-upon rates.
If you feel your rates are too costly and customers attempt to bargain with you, You can politely inform them that you will not—people who value your work and are willing to pay the price.
The average U.S. freelancer earns 45% more than your typical employee. A majority of freelancers (60 percent) who quit their traditional job earn more money freelancing, and 3 out of 4 make more money in one year.
You are more focused if you are in control of your financial situation, including income and expenses. You know what you’ll need to make monthly to cover your business expenses and provide food for your family.
Many sources of income
You’ve heard the saying, “Don’t put all your eggs in the same basket.” This is an excellent tip for freelancers. If you have an array of clients and clients, you’re not financially dependent upon one Source.
If one of your clients abruptly pulls the plug, several others keep you busy until you search for a replacement.
Security of employment
This may seem like a strange one. Isn’t it? Surely, an established salaried job is more secure than being an independent contractor?
This “job for life” is almost gone in the current economic environment. Layoffs and redundancies are becoming more frequent. Furthermore, zero-hour contracts are the norm.
Fourteen percent of freelancers reported feeling the least or no impact of the recession. Thus, freelance work is safer. You control your destiny.
Being Boss to You
The most significant advantage of working as a freelancer is that you’re the chief executive officer of your own business. You are an independent entity.
You can choose the type of client and individuals you would like to collaborate with. You can decide whether or not you want to deal with challenging clients.
As a freelancer, the work may come from any place. There are no geographic restrictions. When you work with clients from all over the world, You learn about different working styles and cultures of communication.
It is a chance to establish meaningful relationships with colleagues to help you network more effectively and expand your network. While working on a particular project, it also gives you a chance to meet other freelancers. You can experience the world’s workforce in your own home. It adds an added color to your resume.
Break The Monotony
Do you feel you’re doing the same type of work each day, at every hour? Do you feel like you are in a cycle of monotonous work, and there is no way out?
After you’ve embraced the lifestyle of a freelancer and have made the switch, the ball is now in your hands. Because you are free to select your client and the project you want to work on, you’re free to mix and match.
You cannot just choose the type of work you work, but you can also regulate the working hours.
You can work when your creativity is flowing and stop whenever you feel the urge. Don’t rely on your clock to have lunch or take a tea break. Make your schedule.
Develop your interpersonal abilities
Since you are the sole manager, developing and refining the skills required to manage every other task is logical. The ability to manage and improve communication skills is essential.
Create a Better Life
Are there times when you’re completely bored of the routine you have and would like to change everything, but work obligations can be a hurdle?
When you freelance, you are in complete control of your time. If you’re an evening person, you can work when the moon comes out, or if you prefer to work early and want to start your day by waking up to the sun rising. Keep in mind the dates of delivery and deadlines.
According to Brennan Dunn says:
“Freelancing or the gig economy or ‘gig economy’ as it’s called is on the rise.”
It’s not for all. Some individuals will prefer to stay with their regular 9-5 job.
But if you’re looking to control your life with the freedom, flexibility, and financial independence that Freedom, Flexibility, and Financial Independence that freelance work can provide, this is the best moment to get started.