• Start Ups
  • E-Commerce
  • Insurance
  • Gig Economy
  • Tech
  • Office
  • Taxes
  • Law
  • Funding
  • Marketing
  • Infographics
  • Podcasts
  • Videos
Sign in
Welcome!Log into your account
Forgot your password?
Privacy Policy
Password recovery
Recover your password
Search
  • About
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Privacy Policy
Password recovery
Recover your password
A password will be e-mailed to you.
TheSelfEmployed.com TheSelfEmployed.com
Your Gig Just Got Easier TM
TheSelfEmployed.com TheSelfEmployed.com
  • Start Ups
  • E-Commerce
  • Insurance
  • Gig Economy
  • Tech
  • Office
  • Taxes
  • Law
  • Funding
  • Marketing
  • Infographics
  • Podcasts
  • Videos
Home Work From Home Is a Freelancing Career the Best Option For You? Benefits And Downsides
  • Work From Home

Is a Freelancing Career the Best Option For You? Benefits And Downsides

By
John Pearson
-
February 20, 2020
0
  • 1share
  • 0
  • 0
  • 0
  • 1
Share via
    Is a Freelancing Career the Best Option For You? Benefits And Downsides

    One of the greatest benefits of the Internet is that it opened a brand new world of job possibilities that don’t require you to be physically tied to an office eight hours per day. There are also thousands of careers in the online market that don’t need anything else but a laptop and a good Wi-Fi connection.

    Thanks to the global spread of the World Wide Web and the shifting in generations, the mid-20s to mid-30s generation, also known as the Millennials, have adopted an entirely new culture of work.

    According to recent studies, more than 60% of Millennials are no longer looking for financial benefits in a job but also value schedule flexibility, incentives, and a more relaxed atmosphere at work. This is why many youngsters prefer the freedom of being self-employed as opposed to working for a big corporation or, even worse, for the same corporation for decades.

    If you decided on a career in freelancing, here are some of the benefits and downsides of it.

    Positive aspects

    You are your own boss. This means you have complete freedom in choosing the projects you like and coming up with your own deadlines. This type of freedom also comes with financial benefits as you get to pick up as much work as you can. In other words, if you need more money during the holiday season, you will no longer have to ask your boss for extra shifts and wait for his or her approval.

    Another positive aspect is that you can work from anywhere in the world. As we previously mentioned, most freelancers only need a computer and an Internet connection to conduct their jobs, and this can be done remotely from any destination you want.

    You are also free to make your own schedule, meaning you won’t have to work from Monday to Friday from 9 to 5 if that doesn’t suit you. One day you can be sipping cocktails on a beach and handle calls while others day you can stay in the comfort of your own home, under a blankie, and browse for motorcycle helmets from well-known brands. Or funny videos with animals, whichever suits you better.

    Negative aspects

    As with any other thing in life, there are also some negative aspects that you need to consider before quitting your current job and picking up freelancing.

    First of all, it can get lonely. While you do have a flexible schedule and you are your own boss, you won’t have any coworkers or other people to talk to outside your clients. This means no interactions during coffee breaks or lunch and no Christmas office parties. In the long term, this could affect your sanity as you could get depressed, lonely or sad.

    Secondly, you will find it harder to separate your personal life from your work. Staying at home all the time will allow for many distractions so that you will often find yourself spending more time in front of your computer trying to get work done while joggling house chores, family, and friends.

    So, unless you set a clear line between your work and your private life, you will end up answering emails way after office closing hours, even during the middle of the night if you deal with international clients.

    No work, no pay

    Even if you are a renowned professional, working entirely for yourself means you don’t get paid unless you work. This can also translate to the fact that you are not allowed to get sick or may not afford taking holidays right in the middle of a project.

    So, at the end of the day, you need to ask yourself this – are you really free and does being a freelancer pay off?

    Previous article Employment Rights for Those Currently in Medical Aftercare
    Next article Tips on Starting a Business With Medical Equipment
    Avatar
    John Pearson
    John is a serial entrepreneur and writer who is passionate about helping small businesses launch and grow. His work has been featured in Huffington Post, Entrepreneur, and Forbes.

    Recent articles

    5 Ways to Use Audio Marketing in Small Business
    Marketing

    5 Ways to Use Audio Marketing in Small Business

    Anna Johansson - January 25, 2021
    Content Marketing Process: Why You Need It and How to Create One

    Content Marketing Process: Why You Need It and How to Create...

    January 25, 2021
    All You Need to Know About Franchises

    All You Need to Know About Franchises

    January 25, 2021
    Top Tips For Starting An E-commerce Business

    How to Set up an Online Presence for Your Business

    January 25, 2021
    6 Ways to Financially Plan for Retirement When You’re Self-Employed

    6 Ways to Financially Plan for Retirement When You’re Self-Employed

    January 22, 2021

     

    Follow & Subscribe

    Newsletter Signup

    Signup to get weekly tips and advice to help make your self-employed journey easier!

    Thank you!

    Please check your email to confirm your subscription.

    © 2021 - The Strauss Group, Inc. All users of this site are protected by our Privacy Policy and bound by our Terms of Use