How to do freelancing
As the economy continues to present similar challenges to business owners and employees, more and more people are turning to freelance as a way to pay their bills, and more companies are turning to freelance workers in the wake of layoffs. From small businesses to large corporations, everyone hires freelancers for a variety of projects, from copywriting and web development to catalog design and consulting.
Working as a freelance employee means working your own hours on your own terms. But that means finding your own work and managing all parts of the business yourself. To be successful, you need to be able to handle the day-to-day business activities and still find the time to do the freelance work you are being paid to do and do it well.
How does freelancing work?
Freelancers usually work on a project basis. For example, they can take a certain number of projects per month and charge by project or the amount of time it takes them to complete it. Freelancers set their own time and work on deadlines. For example, they may receive four assignments from a client at the beginning of the month, with deadlines spread throughout the month. Freelancers can work anytime from anywhere and they can work full-time as well as freelance for extra income.
1. Consider whether freelancing is for you
Freelancing has its advantages and disadvantages, but, in general, you must have a certain mentality to be a freelancer. Being your own boss is a great thing if you are disciplined and reliable. Freelancing enables you to set your schedule so that you can take a day off whenever you want, but you will not be paid for that time because there is no such thing as paid leave.
If you want to be a freelancer, you should maintain a daily work routine, be prepared to fight several projects at once, and constantly look for new projects to maintain a steady flow of work. If you are still working full time, do not leave your job immediately. Instead, combine freelancing and full-time work until you gather enough clients and connections to support yourself as a freelancer. Working from a comfortable place of work and a secure place of income is a better environment for the development of your freelance business.
2. Find a platform
Most freelancers use freelancing platforms to find work. Suggestions and social media channels like LinkedIn can be great sources of jigs, but freelancing websites are popular because they allow you to connect with clients looking for freelancers effortlessly. Jobs are always available there. Also, most of these platforms have policies and provide protection for both freelance workers and employers. On the freelance platform, every project you accept is a mini-agreement and both you and the client must abide by its terms. Choosing a platform with a model that fits your needs and salary expectations is incredibly important for your success. Lots of freelancing websites encourage so-called “bottom races” where freelancers provide low-quality work for less compensation. In the end, it doesn’t help anyone – buyers can’t find good quality work and freelancers can’t make enough money.
3. Create your profile
You don’t have to prepare a classical CV, as most freelancing websites have a predefined template that you need to fill in with your information, but your freelancing profile should not be considered a check box exercise. Take the time to create an adequate profile that will inform potential clients about your education, skills, abilities and experience. You don’t have to write a novel – keep it short and sweet. List your skills, experience, special achievements and explain why you are the best person for the job.
4. Create your portfolio
Your profile may tell you that you are an astronaut, but if you don’t upload your selfie from the International Space Station, potential clients won’t believe you. So, when you create a profile, make sure to provide a portfolio that reflects your skills and experience. If you are a beginner in your chosen field, take the time to build a portfolio by doing sample work, or take on several jobs at a discounted rate in exchange for experience.
5. Set your price
The cost of your hourly or project depends on your skill set and experience, but don’t work for peanuts. If you only have a few years of experience then of course you can’t charge the same salary as freelancers working decades under their belts. However, if you want to finally transform freelancing into a full-time job, you should have a monthly spending rate if you have a steady job, no matter how experienced you are. [Consider a credit card processing solution to help you process client payments easily and efficiently.
6. Find work
If you are actively looking for projects and clients, here are some tips to help you find them. First, only apply for jobs that you are confident you can do. There is no point in applying for a project that you cannot complete on time with satisfactory results. As a freelancer, you are building your reputation from scratch, and especially at the beginning, securing positive feedback is crucial.
When you apply for a job, make sure you have a relevant cover letter explaining why you are the best choice for that particular job or project. Highlight relevant skills and experience with requirements. Over time, freelancing platforms reward top-rated freelancers with access to badges, low fees, and particularly useful job offers, so it’s in your best interest to keep your clients happy.
Some freelancers avoid online marketplaces because they bring in fees (usually between 5% and 20% of your earnings), which can add up at the end of the month. In that case, try to use different groups on Facebook and LinkedIn to find work. However, be aware that with these jigs, there is no place for a contract and there is no guarantee that no one will accept your work and never pay for it.
7. Focus on the client relationship
Relationships with your clients are the most important part of freelancing. By maintaining a good connection with your current clients and providing quality work, you will be more likely to secure more consistent jobs in the future. Make sure you meet each deadline, listen to instructions, make necessary edits, and communicate efficiently with your clients. If your clients have any questions, requests or concerns even if you are not bound by the schedule, they should still be present with you.
In addition, you will want to build your portfolio to attract new clients. A good reputation as a freelancer is important, so make sure you’re delivering your best work and earning high reviews/ratings. You can advertise your services on social media and on your website, which should be updated regularly. A strong digital presence is important because clients want to feel that they can trust you and your brand before they work with you.
8. Focus on productivity
Freelancers will often tell you that there are a few flaws when using catchy words while working in your spare time. For some, loneliness can be a no-brainer. Freelancers working remotely may not be able to talk to a coworker in the project as much as office workers can. Freelancers, on the other hand, don’t have to deal with office politics.
For maximum productivity, set up an in-house office, or find another place where you can focus and get the job done. The absence of the boss at the bottom of the hall may be highlighted; However, this means you have to be one to manage deadlines and productivity.
A freelancer is a self-employed person who provides services to a company (or multiple) without being a W-2 employee. Freelancers can do as much business as they want. In the end, their careers and work pressure are in their own hands. Since they are not technically contractors and employees, freelancers will have to pay self-employment tax every quarter. They do not have access to benefits such as company-sponsored retirement plans or health insurance coverage unless they are W-2 employers at another company. Freelancers are the most common in the creative arts like graphic design, copywriting, and photography. But service-oriented industries also offer a lot of opportunities for freelancers. Jobs such as consulting, translation, marketing, and social media management are often outsourced to contract workers.