Your Freelancing Guide
You can now earn profits while being in college and attending your classes. The way to do this is to become a freelancer. A freelancer is a person who proffers his or her services to the clients, to generate money. It provides a full sense of freedom and control as you do not work under a senior. You also get the required years of experience for your further jobs.
Freelancers have an appealing CV and thus are at an advantage from others. This comprehensive guide would describe in details about freelancing and its aspects.
Why Should You Work as a Freelancer in College?
Freelancing is a great way to gain good work experience while getting educated. It gives you an advantage over your competitors who do not have any work experience after they graduate. Freelancing is even at an upper hand from the internships. You can work anywhere at your own flexible working hours in freelancing. It will help you to procure the knowledge which is relevant for your passionate ambition.
Freelancing helps you to enhance your CV as well. It also allows you to refine your skills level and abilities. Freelancing exhibits your leadership and professionalism because you alone handle all the job responsibilities. This might help you to procure a job in the future. Who would not like to earn extra cash to combat their expenses?
Benefits of Freelancing
- Flexibility: You can choose your own flexible working hours and continue your studies along with work.
- Sense of Control: You have full control and freedom over the work. You can work with clients whom you prefer and ignore the rest. No one supervises you and no decisions are chained upon you.
- Work-life Balance: Flexibility allows you to perform other errands like hanging out and going to parties.
- International Clients: Freelancing work is performed through the internet. This brings in a global customer base for the freelancers.
Disadvantages of Freelancing
- Unstable Revenues: Your income depends on your work quality and your clients. Getting late payments and commission is a common problem for freelancers.
- Paying Government Dues on Time: Paying the taxes on time is crucial for your business. But, maintaining the records of the taxes is a strenuous task when done all alone.
- High competition: Due to the various benefits of freelancing, many people indulge in this business. This increases the competition in the business.
Job Opportunities Available for Freelancers
You can direct your skills and talents in the right direction and opt for the following roles.
Graphic Designing
Graphic design is a challenging sector to join. You need innovative skills and creativity to meet the demands of your clients. Professional software is required to fabricate designs. Creating eye-catchy logos, designs, and working for various magazines is the job of a graphic designer.
Writing and Translating
This is one of the most popular freelancing work. If you have a whisk of creativity and effective communication skills, then you can become a writer. In this job, you are required to write creative articles, promotion content, description, or social media content. If you know more than one language, then you can become a translator as well. Translating a language can fetch you over 50,000 bucks.
Programming and IT.
Programmers help us in our day to day lives by creating software for us. They build software, which is well designed and easy to use by us. With great marketing skills, you can indulge in the IT sector as well. You can help businesses with SEO keywords and phrases or with Google Adwords and Google Analytics.
How Much Can You Earn as a Freelancer?
Freelancers can earn revenue by 2 methods. Firstly, payment is done on the basis of the time duration. Secondly, a fixed amount is paid for your work. However, your earnings will be low in case your competitors belong to the developing economy. This is because a developing economy needs low money to dwell. Your competitors would hence take all your clients at a lower wage rate.
In order to avoid any fraud, you should have an idea about the earnings in a similar industry. To do this, you should well surf the internet for the required information. If you are getting work via a freelancing company, then these industries take a percent of your income as their Commission. But, in the end, it is all your talent and skills that speak for your revenue.
Best Websites to Get Freelancing Jobs
There are abundant famous freelancing websites which help you to start freelancing and find gigs. Some of them are as follows.
Freelancer
Freelancer is a pretty easy to use website. You just need to sign up to start using the website. It asks for your skills and up to 20 skills can be added. Then jobs according to your talents are displayed on the website. The site shows you the amount of money people bid for various assignments. As a Commission, freelancer takes 10% of your hourly rate and 10% of your fixed price fees.
Upwork
Upwork platform was developed at the beginning of 2014. Elance and Odesk, 2 famous freelancer websites integrated to create this website. It has over 12 million registered freelancers and 5 million clients. The website is clear to navigate and host everything from small projects to larger project management. The biggest advantage of this website is that clients send their payment to Upwork even before the job begins. A service fee of 20% is charged when your lifetime earnings are below $500 with your clients.
Summing Up
Thus, you can reap the umpteen benefits of freelancing by directing your skills in the right direction. You can initiate your freelance career by practicing any skill which you possess. You may then enhance your business by the required marketing skills. Freelancing is one of the best ways to earn money without even a graduation degree.