You've heard the buzz, you've seen the TV shows. Freelance work is hot and it's not going away. So what is freelancing? How do I get started? Read the post.
Freelancing is a growing field all over the world. Due to COVID-19, many people all over the world have lost their full-time jobs. Students are over the world are struggling to find dream jobs, as the rise of digital migrants and freelance economy is obvious.
Definition of Freelance:
According to the definition of Freelance, freelance work is work from the comfort of the home. A freelancer is an individual who does freelance work.
Types of Freelance Market Places:
There are many types of freelance works. You work either from a traditional freelance marketplace or from a nontraditional freelance marketplace. A freelancer may also be a blogger, vlogger, or skilled person.
Freelancers in the traditional marketplace bid on a project posted by the employer interview and, are hired. They get the job done and paid. This process continues from one client to the client.
In a nontraditional marketplace like Fiverr, freelancer offers their skills as services to clients. These offers are called “Gigs”. Clients buy offers and when work is done, the freelancer is paid.
Another type of Freelancing is Blogging, Vlogging, you tubing, E-commerce shop, etc.
Famous Freelance Platforms: Traditional and Non-Traditional
There are many freelance platforms, some are global and others are local. The biggest known platforms are Upwork.com, Guru.com, Fiverr.com, Freelancer.com, PeoplePerHours.com, Workchest.com, and so on.
All the platforms are traditional where a freelancer bid and get hired while Fiverr is nontraditional where freelancers offer their skills as services and get hired.
Who can freelance?
Anyone can do freelancing. After graduation from university, an individual is unemployed and seeking a job. However, for a dream job, from the comfort of home, Freelancing is preferred over others.
If you have or multiple digital skills then it is good you may get started. If you do not have any skills, you can learn online and offer services according to your niche. The skills that are among the top of freelance platforms are content writing, graphic designing, web development, etc.
Other top skills include software development, E-commerce, Digital Marketing, Quick Books, AutoCAD (cad-cam engineering), etc.
If you do not have any digital skill, but you have a grasp over any topic then offer services accordingly or start a blog about that topic. You may also teach online or may a virtual assistant.
Why Freelancing:
According to a report of Payoneer, in Dec 2019. There is a huge surge in the freelance world. The US stands first among others in year-over-year revenue growth with 78%. Serbia stands at number 10 with 19% growth.
The year-over-year growth of the countries.
1. USA (78% Growth)
2. UK (59% Growth)
3. Brazil (48% Growth)
4. Pakistan (47% Growth)
5. Ukraine (36% Growth)
6. Philippines (35% Growth)
7. India (29% Growth)
8. Bangladesh (27% Growth)
9. Russia (20% Growth)
10. Serbia (19% Growth)
In the Covid-19 pandemic, many people lost their jobs and got unemployed by companies. A new slogan rose “Work from Home.” This helped a lot of those who were doing freelancing and making money from home. Those who were not in the fever of freelancing came to know the importance at that time.
Future of Freelancing?
Today, independence isn't seen simply as a sideshow or as a way to earn additional income while working full time.
More and more freelancers are becoming extremely optimistic about the gig economy's future. Many are drawn to the long-term benefits such as the flexibility to work from virtually anywhere and the lucrative income you can earn. Furthermore, an increasing number of freelance marketplaces are springing up, making it easier for professionals to find work.
The most in-demand hard skills in the future of freelancing are Artificial Intelligence, Web-app development, Software development, and cloud computing.
Similarly, the most in-demand soft skills are project management, time management, collaboration, virtual assistance, problem-solving, and good communication skills.
A freelancer is considered a one-man army because he has expertise over multiple skills. To stand in the race “be that one-man army.”
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