Thinking about becoming a freelancer? 6 things to consider before making the jump
(BPT) - Considering the economic challenges the world is faced with today, including some of the highest unemployment numbers in recent history, now could be an excellent time to begin a career as a freelancer.
Freelancing empowers you with much more control over your workload and when you choose to complete it. Not only can you accept or decline assignments based on your availability and preferences, but in many cases, you can finish them during the hours most convenient to you. That can be invaluable when you're juggling other family or business commitments or simply wish to reserve certain time periods for other endeavours. law to graphic design to engineering.
Here are notable advantages to consider if you're mulling a move to the freelance lifestyle.
Control over your schedule
Freelancing empowers you with much more control over your workload and when you choose to complete it. Not only can you accept or decline assignments based on your availability and preferences, but in many cases you can finish them during the hours most convenient to you. That can be invaluable when you're juggling other family or business commitments or simply wish to reserve certain time periods for other endeavors.
Relaxed work environments
As your own boss, you establish your own work space, rules, dress code and core values. Having that kind of flexibility in this uncertain world can be a huge boon to your health, comfort and sense of individuality.
Digital technology enables work-at-home capabilities for those who may not have had that option in the past, allowing those in many professions to work entirely online while keeping a safe distance from COVID-19 and other possible threats. Though many people find their freelance work through word-of-mouth or social media, a full 18% now find their clients through online marketplaces such as Fiverr, according to the survey. Last year Fiverr connected 2.4 million customers with independent contractor clients from more than 160 countries across the globe.
Those who freelance often see their work as more rewarding than others. In the Fiverr survey, for example, seven of 10 U.S. freelancers called their work highly satisfying, compared to about half of U.S. workers in general. The primary reasons for that added satisfaction? The freedom to work from home, the flexibility of the work schedules and the interesting nature of their work.
Because they can control their own pricing, profit margins and productivity, many freelancers earn more working for themselves than for others. And they're not expecting their revenues to change significantly during the COVID-19 pandemic; the Fiverr survey found that 59% of independent contractors surveyed expected to earn equal or increased revenues in 2020.
Men and women both find success through freelancing, and the gender pay gap seems to be a non-issue among freelancers. Of freelancers worldwide working through Fiverr, for instance, 44% are women - and they earn almost 20% more than the men.
For many, the option of becoming an independent contractor is becoming more and more attractive.
Ready to become your own boss? Fiverr connects employers with digital service workers in more than 300 categories across eight fields, offering transparency, efficiency and ease as work is managed and completed. Check link to learn more.