Benefits Of Working as a Freelancer

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Freelancers are quite ahead in the money making race due to several reasons. More and more people are not jumping the bandwagon and working as freelancer due to the benefits it provides.

Freelancers contribute about $1.4 trillion to the economy in the US alone. This shows just how powerful the industry is, and it is going to only grow in the future.

While the average per hour rate of a freelancer is $21/hr, experienced freelancers are making more than $100/hr. This makes freelancers more efficient earners than people who work 9 to 5 jobs. However, the amount of money you make then depends on how good you are at what you do and other such factors.

Let’s have a look at the benefits of working as a freelancer:

Flexibility In Work Hours

Unlike a 9 to 5 job, freelancers aren’t constrained to work continuously for 8 consecutive hours. It’s up to them to choose the number of hours they want to work.

Other than that, there’s no restriction to keep working without taking any breaks. However, this does not mean that you delay work or take long breaks. You must always be professional.

In short, a freelancer has all the authority to decide the number of hours they work each day and what hours they pick to work in.

More Money

Several surveys and research have pointed out that freelancers are earning more money than people who work a full-time job. This is because freelancing is in high demand and is breaking more and more barriers every year when it comes to earning money.

Today, many large enterprises are hiring freelancers they see fit for a job and are even paying them a good salary.

Since freelancers have a freewill to pick projects, they do so as per their skills and knowledge. Choosing projects that you’re good at and working with clients that pay well allows freelancers to earn more.

Work-Life Balance

The biggest benefit of freelancing is the work-life balance. When you work as a freelancer you can balance your social life along with your job. This is of huge importance as a lack of balance is one of the biggest issues of today’s employees.

Easy To Start

You don’t need to go through several interviews and tests to become a freelancer. All you need is to make up a portfolio, showcase your skills, prepare a professional profile and put it up on the internet to have clients give work to you.

There are various freelancing platforms such as Fiverr, FreelanceMyWay , Upwork etc., that have made it easier for freelancers to find work by bridging the gap between freelancers and clients. You can join one such platform or get your own site.

The Verdict

These were just a handful of benefits of working as a freelancer, there are many more that you will find out as you join the business. Just find the right site and you will be laughing your way to the bank.

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Samantha Acuna is a writer based in San Francisco, CA. Her work has been featured in The Huffington Post, Entrepreneur.com, and Yahoo Small Business.