What is Freelancing and How to Start

How to Start Freelancing (Beginner's Guide)

Freelancing is by far one of the most lucrative opportunities on the internet. This is the best time in history to become self-employed as a remote worker. However, you must understand a few matters of becoming an independent contractor for obvious reasons. But first, you must understand why you want to pursue this type of opportunity. It would be easier to find opportunities once you determine your purpose.

What is Freelancing? The term 'freelancing' refers to a self-employed individual who works for themselves. They do not commit to a person or company. Rather, the worker is in business for himself or herself. These independent contractors provide services for businesses or individuals.

1) Define Your Freelance Goals

For beginners, when you're working for yourself, you should always define your goals. Defining goals enables you to stay on track. Subsequently, you can navigate to your destination. Setting goals will also help you achieve your vision in a timely fashion.

2) Analyze the Advantages of Freelancing

Freelancing Pros and Cons

I think it's important to analyze the advantages of freelancing. So, why is freelancing valuable? Most countries on the planet experience economic meltdowns at some point. For this reason, most people are striving to be their own boss. Most people don't have enough money to launch a startup company. Therefore, many individuals are finding themselves pursuing freelancing opportunities.

Freelancing has also helped individuals earn extra income, have a peace of mind and become financially independent. There are many benefits to being an independent contractor. One of the major benefits is there are no limits to the money you earn. The more projects you complete, the more money you earn. Second, there's not a boss telling you what to do. The only boss is you. Third, you can work at your own pace.

3) Evaluate the Disadvantages of Freelancing

After you analyze the advantages, you should immediately evaluate the disadvantages of freelancing. For instance, these opportunities do not come with medical plans, dental plans or a retirement package. Therefore, you'll need to be careful on how you manage your money. In addition, most companies will pay you less than your counterparts. Some companies or individuals hire freelancers because they don't want to pay professionals. Therefore, it's critical to evaluate this opportunity. By investigating the disadvantages, you can determine if this is an opportunity you want to pursue.

4) Determine Your Budget

The third step is to determine your budget. To be honest, you will not need much money, but you will need to invest time. Any opportunity that you pursue requires time, unless you pay others to do the work for you. To tell the truth, most freelancers spend more time working than people working day jobs. It is also wise to research when you pursue freelance opportunities. The research by itself takes endless amounts of time. It may take much time, but research is vital for success.

You can network with thousands of authors worldwide working from home by joining this network. Networking with fellow authors will help those who have questions seeking to learn more. Most sites usually have forums for members to network.

5) Build a Portfolio

Next, you will actually have to build your portfolio. Building your portfolio helps you establish credibility. Of course, you need to build your credibility to get noticed. Building your reputation is something that you will do the entire time while working online. You’ll earn more cash in the long haul.

6) Create Social Profiles

Creating social profiles can always be of use. A social profile gives you a platform to connect with your clients outside of the service provider. In addition, a social profile allows your current clients and potential clients to get to know you personally.

7) Build a Blog or Website (Optional)

A website can be of use. But it's not mandatory. You can use your website to provide examples of your work, contact information, testimonials, photos, and whatever other information you decide to display. A website will also help your business grow.

8) Get a Bank Account

Most companies pay members through direct deposit. Therefore, you will need a bank account in most cases. However, there are companies that still pay members via PayPal. It is free to sign up for a PayPal account. Once you receive deposits in your PayPal account, you can transfer the funds to your bank account.

9) Establish Your Business Legally

No one wants to owe the IRS. Therefore, it's critical to be ready to file a 1099. Once you earn $600, the government requires paying taxes. Every state is different, therefore you should look up the tax requirements for independent contractors in your state.

10) Analyze Your Skills

There are tons of opportunities for freelancers. Therefore, you will need to analyze your skills to determine the opportunity or opportunities you will pursue. You can start by listing your strongest talent. Next jot down things that you have done before, on a job or for a hobby. Then write things you would like to do.

11) Find Freelance Work Online

There are several platforms that you can use to locate opportunities. You can find freelance work online and offline. Search engines are the best resources for finding work. In addition, you can find opportunities on Craigslist. Some employers list local gigs on Craigslist under the jobs and gigs section.

Types of freelance work online include;

  • Business - virtual assistance, business planning, business advice, consultation, legal consulting, presentations, market research, analytics, data entry, product research, market research along with others.
  • Digital marketing - search media marketing, search engine marketing, consultation, on page optimization and content creating.
  • Lifestyle - arts and crafts, relationship advice, viral videos, astrology readings, gamer coaching and online lessons.
  • Music and audio - mastering, mixing, singers, songwriters, vocal tuning, producing, podcast editing and more.
  • Programming and tech - website building, mobile apps, eCommerce development, game development and web programming.
  • Freelance writing and translation - resume writing, cover letters, case studies, articles, blog posts, and technical writing.

I recommend you pursue opportunities that suit your skill-set. For instance, some platforms are seeking bloggers, whereas others are seeking marketers.

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