Everything You need to know about Freelancing!
Are you a professional with a specific skill set who is looking to take up some freelance work? Freelancing can be the perfect career choice for you!
Being a freelancer not only provides you the flexibility to work on projects that you are interested in but also gives you the freedom to diversify your portfolio, explore your professional competence, and choose clients that you feel comfortable working with. Additionally, you get the luxury of working at the comfort of your home, choosing your own working hours without the stress of going to the office every day.
If you go in the right direction, freelancing can be a lucrative and perfectly safe career choice. To know more about the nature of freelance work, keep reading this post.
3 Reasons Why You Should Freelance
1. Work From Home
If you decide to work as a freelancer, it doesn’t necessarily mean that you need an office. You can work at your home. The only thing you will need is some basic technology — a personal computer with an internet connection required skills depending on the freelance tasks, word processing software, business email, data security, and telephone.
When you start with freelancing, rest assured you can set your own working hours and work at ease. You can also choose to work either full time or part-time. Furthermore, freelancing work doesn’t stress you out as you get to select the kind of work that you will be doing.
3. You are your own boss
To work as a freelancer, you need to maintain strict discipline, As you won’t have a supervisor to check your work, you must keep reminding yourself of the deadlines and review your work progress time and again.
Getting Started as a Freelancer
To get started with freelancing, you can begin networking within your current circle of influence to find the first client, or you can visit the best freelancing websites for beginners to find work online. This can be a great way to get referrals and get your name out there.
You should consider the following points when setting up a freelance business:
Decide what services you will provide: When it comes to freelancing, you first need to decide if you will be a specialist or a generalist? This means if you are providing social media management services, you have to make a choice whether you will focus on one platform or multiple platforms like LinkedIn, Facebook, Instagram, or more.
Determine your target market: Before starting to freelance, you need to find out who needs your services. Moreover, you also have to focus on a specific industry. For instance, if you are offering virtual support services, you need to decide whether you will offer it to realtors or across different industries.
Finalize your rates: Now, the most vital step is to set the right price. When setting rates, always consider the nature of your work. Remember, if you set a meager price, it may show that your work doesn’t have value, and if you set a price too high, clients may refuse to work with you. So it’s crucial to create a balance.
You can fix an hourly rate with a client or a one time rate for a project that will last for a limited time. You can also charge regular rates if you have ongoing clients. For instance, if you are a freelance writer, you can charge $400 per month for writing eight articles, and if you are a virtual assistant, you can charge $200 for providing 10 hours of work a month.
Build an Online Portfolio: Looking at the rapidly increasing gig economy, it’s crucial to have an online profile to promote your services. You can use free platforms like LinkedIn or granduno.com connect with the general public, other businesses, or freelancers. Creating an online portfolio is an excellent way to spread the word about your freelance business.
No doubt working in the gig economy comes with a ton of responsibility, including managing time and finances. However, if you love flexibility, freedom, and earning potential that comes with becoming independent, then freelancing is ideal for you.