A freelancer works independently and serves different offers to clients.
Freelancing is a profession where a freelancer can work for himself without liability or bonding. They can use their skills and knowledge for their clients on a contractual basis.
By freelancing, a person can complete his task on a contractual or per working hour basis. But in a professional job where a person has bound to follow office rules and work routine life like a 9 am-5 pm job in freelancing where a person can work independently and operate his profession on a freeway.
So freelancing is a platform where a person works for his client based on the agreement or is hired by a client in return for agreement payment. A freelancer can complete his agreement task anywhere, like home, travel by car, etc., place—a freelancing profession like a self-employed, freedom profession.
Freelancing is a profession where a freelancer needs a lot of things to develop their career. These are:
- Knowledge
- Creative Ideas
- Experience
- Find out the opportunities
- Presentation Skills
Today in the 20th Century, freelancing demand is increasing. Many people are encouraged to build their careers as a freelancer. People like to work independently and use their skills and creative ideas in their way. They can offer service to their clients online with agreement hours and fees. However, freelancing realities stand on many facts. Freelancers need experience and skills to handle clients and encourage them through services. Some issues stand for freelancers in their freelancing life:
Freelancers Experience Level:
Experience may differ from person to person. Freelancers must have sufficient experience in their working field. They have to recognize their working pattern and their skills. Freelancers must identify the specific clients to whom they promote their offers. So experiences may reflect significant realities for the freelancing profession.
Deal with Clients:
Online clients are not the same. Many clients come to the online site to hire a freelancer. Before hiring, a freelancer must know some realities about clients:
- Their past Job posting records
- Payment Records
- What Client’s Demand and Need
- Skills need to motivate clients.
Freelancing is not Fixed Income:
The freelancing profession is self-oriented activity; it’s like a personal business. In this profession, income is not certain. Revenue or earnings may differ. Payment depends on how much working load they can avail and their skills, presentation, and operational performance. Many freelancers join this profession on a part-time or full-time basis.
Working Hour:
Working Hour is not fixed for freelancing. It’s a free profession where freelancers can work in their way. Sometimes freelancers and clients come into the contract. In that case, the task has to complete in that fixed period. But no rules for appointed working hours like the office as 9 am-5 pm. So working hour is not a significant fact for a freelancer.
Enjoy The Profession:
Freelancing is nowadays a popular profession in the world and Bangladesh. As students, many homemakers are interested in this profession because it has no liability and no bonding. Some people switch jobs and build their careers as freelancers because they don’t enjoy their office jobs. It is such a profession like that where a person feels his working pattern identifies his passion and wants whatever they do.
Another reality of this profession is that many freelancers are not getting the fruitful job demands job they require. Someone in a position also starts to hate and switch careers to freelancing. So Enjoyment is one of the significant ideal realities in freelancing.
You Become Your Boss:
A freelancer is an independent professional person. They can work when they wish and make their own working decisions. The only freelancer can rule out his activities. In simple words that, a freelancer is like, “You become your boss.” So many beginners today are encouraged to build up their careers as freelancers.
Freelancers may Face Distractions:
Many realities stand in a freelancer’s life. Beginners need to create an account, website design, and get a job from clients. But some effects also occurred. The freelancing profession is better than others, but some time needs to spend more time submitting client tasks. In some cases, the client’s negative review may distract daily activities. This may distract freelancers.
Cash Flow Varies:
Freelancing income is not fixed as a full-time office job. Suppose Mr. X is a freelancer who worked five client jobs in September; his earnings in September are $500. but in October, he got only three clients’ appointments, and his earnings stand at $300. So this type of cash flow battle occurs in freelancing life.
So the realities of freelancing differ. It depends on freelancers, how they work, how long they invest their time, and how to handle clients. Overall the realities that stand that a freelancer has positive and negative sides. In fact, in our life, everywhere, many positive and negative things happen. Someone engaged with their 9 am-5 pm office job; some are in the business field, and some are freelancing. Everywhere has a different impact; freelancing realities also have some effects. It depends on how freelancers overcome these issues and build their professional path strong.
Table of Contents
The Advantages and Disadvantages of Being a Freelancer
The freelancer profession is challenging. They have to make their professional pattern their way. Many people identify freelancing as a home-based profession. It does not matter whether it’s a home-based or self-owned business; it is how to build a platform by overcoming different difficulties.
Being a Freelancer, there are also stands many positive and negative effects. The advantages of being a freelancer are like:
The Advantages of Being a Freelancer
Build Unique Profession:
Freelancer can build their profession uniquely. Different platforms and options are available to build a career. One can set up their goal as a web designer. Another can choose Search Engine Optimization as a profession. They can offer service to their clients in different ways. A web designer can work for a client, and his service is to design clients’ websites. In another case, an SEO freelancer can work on some sites to get a specific audience for his marketing purpose. You can take proper SEO training from an SEO professional. So freelancer profession is unique and not similar to an office or desk job.
Make Income Sources:
Freelancers are two types:
- Full-Time Freelancer
- Part-Time Freelancer
Full-time freelancers focus on their careers professionally, and their earning pattern is higher than others. They can work for several marketplaces and clients and promote services.
Part-time freelancers are like – students, job holders, and business people. They choose this profession to make a different income source. These types of freelancers work in the dual-career and make their economic currency strong.
So by freelancing, freelancers can make their income path online by working on different sites. The income varies on freelancers working performance, presentation, and skills. More time they invest and work more money they can earn from clients. And they can keep all the income as profit and no need to pay media charges.
Unemployment Problem Decrease:
Many countries have an unemployment problem. Millions of graduates come to the job market to build their careers. But many of them do not get their aim jobs in Asia, the Middle East, and many other places where this problem increases.
By Government and social media processes, freelancing is a friendly profession for unemployed people. The USA, UK, and Asia are now developing through freelancing. Freelancers can get involved in work and express their knowledge and creative idea to their clients by promoting different services. So freelancing is a part of employment where freelancers can build their lives and status.
Work Wherever your want:
The life of a freelancer is so flexible that they can work for any person, anywhere in their country, anywhere in the world. Freelancers can work everywhere, in a global marketplace like Amazon, Ali-express, etc. Place and specific platforms like offices and shops are not required for delivering services.
Freelancer becomes Boss:
No doubt that freelancing is a platform that only freelancers can rule out. He’s, or She’s, the Boss and decides. They can plan the work like-How they create, design the sites, etc. So freelancers are moving to this profession, building their online market store, and offering services in their method.
8 Major Pros of Freelancing:
- You choose the clients you want to work with and the projects.
- You are free to operate on your term
- You can have a better work-life balance
- You decide your hourly rate charge
- Lower travel costs, daily lunches out, no more need for work clothing
- You learn all aspects of running a business
- You can start some forms of freelancing with ZERO upfront investment
- Freelancing allows you to use a variety of skills
Disadvantages of Being a Freelancer
Not Getting Paid:
There are several cases where freelancers do not get their payment from their clients. The reasons are:
- Freelancer does not check clients’ past payment history
- Might freelancer work get a penalty from the market site for doing any illegal or spam activities
So before accepting a task from the client, a freelancer must acknowledge these issues.
Not Reliable workload:
Working is not specific, so income also differs. The monthly payment also varies. So income and workload are not like a full-time paid salary job.
No Timetable of Work:
Freelancer working hour is not specific or routine-wise. They can work anytime they wish. But in some cases, that might stand as a significant issue. If a longer time works, then health, become sick. If the lower time to work is limited, the income ratio may affect. In some cases, clients need quick services, and if the freelancer does not avail of that time, he might miss the project.
Clients can be challenging:
All clients are not frank and friendly. Some clients like to ask inappropriate questions; some ask about different categories or pattern-type work.
These types of client handling sometimes affect freelancer careers. If the project is not submitted or the presentation is not encouraging, the client might give him a negative review, impacting future project promotion. So first, identify what clients ask and what their requirements are. Then get the work.
Nothing in this world is easier; every profession is challenging everywhere. So freelancing has many pros and cons, benefits, sides, and risks. It depends on freelancers’ willingness to overcome the risk and convert them positively. Freelancers must fight these disadvantageous issues, stay updated, and make a fortune.
8 Crucial Drawbacks of Freelancing
- Working from home can be isolating
- You do not receive employer-provided benefits
- You may encounter busy times and tranquil times
- It would help if you balanced multiple competing priorities and deadlines
- Your income may vary from month to month
- Some freelancers need initial cash investment to purchase computer software, domain, hosting, themes, plugin, office equipment, websites, etc.
- You are subject to self-employment tax.
- Working from home can pose many distractions.
So now you know the advantages and disadvantages of freelancing, you must decide if it’s for you.
Freelancing Work versus a Salary Job
The Pros and Cons
Freelancing is a free profession where freelancers become bosses and make professional decisions. They have no bonding and no working hour rules.
In a Salary job, workers are introduced as employees who work under a management team and have bonding to report their working performance daily.
The pros and cons of the two professions are described below:
Pros of Freelance Work:
- Freelancer has flexible time to work
- They have worked with many clients in marketplaces.
- No bound to work in the office from 9 am-5 pm
- Freelancer is the Boss of himself
- Make his income a profit
- Work independently and make decisions own sense.
Cons of Freelance Work:
- Income flow is unpredictable
- No pension fund option is available, like a salary job after retirement.
- Though freelancers are their bosses, they may be affected as sole operators if their decision is wrong.
- Not get paid all time; in some cases, fraud clients don’t pay for their services, which may demotivate freelancers’ future workflow.
Image Credit: Contentmart
Pros of a Salary Job:
- Provision funds, Health insurance, and other benefits can get
- Stable income, monthly fixed payment get, and festival bonuses are also offered
- Working with a management team and making a community.
Cons of a Salary Job:
- Fixed working schedule, bound to work
- Flexibility is not available
- The office environment may impact job performance, like office politics.
- The threat of losing the job at any moment. Like in the private sector.
- Lack of time for parents, family, and kids.
Every creative must decide between full-time (salary) work and freelance or part-time work. There are pros and cons on each side, but the final decision comes down to the needs and wants of the individual.
Conclusion
The life of a freelancer and a salary-paid job are different levels of professions. Freelancing is independent, accessible, and flexible discipline, and a salary job has a fixed income flow, but other facilities are not available. Many people are willing to take a position to build their present and future both economically strong. The job holder wants to make his income path strong. They want a future backup with their pension fund.
A freelancer may not get all the facilities of a salary-paid job in freelancing. But they can independently build their life and professional role to rule out the marketplaces. No bound, no contractual agreement requires more flexibility to work and offer client services. A freelancer can make his decision own and do his unique role way.
To be a freelancer, one needs to know own personal role, can accept the risk factors, and willingness to work hard and be dynamic—lots of research is required before launching a project online. Proper guidelines, outsourcing training, related Knowledge practice, and hard work may help freelancers make their careers successful.
In these circumstances, the realities of freelancing have many pros and cons. To become a freelancer, one needs to understand the profession well and work hard to reach the peak point. Thus a freelancer will set his status in online marketplaces and become a role model for the next generation.