Managing Time as A Freelancer

Freelancing can be incredibly rewarding. You have no obligation to wake up at a specific time, stay in the office for a certain number of hours, and best of all, you get to choose who you work with. Additionally, you are your boss and accountable only to yourself. But, unfortunately, this freedom can just as efficiently work against you, making your life a miserable mess with zero organization. Thus, it is critical to managing your time effectively. Here are a few things that every freelancer needs to do: Make a schedule Working whenever you want will feel amazing for the first few months, but it will quickly devolve into something horrible. Before you know it, you’re working at night, during the day, and not getting enough sleep. You need some basic Time management skills to resolve these issues. All you need is a schedule that you follow like a ritual. Separate your work hours from your hours, and do not cross these lines. Use a timesheet There are many exceptions, but most of the freelance work is done on a per-hour basis. The freelancer charges an hourly rate and provides an hour estimate to the client before the project starts. Now, if you are working one client at a time, tracking the hours it took you to do their task isn’t hard. But, as soon as you add even one more client into the mix, things get messy. Luckily, you can use Excel timesheet templates to record and track the time each project took. You can even automate the calculation of the charges based on your hourly rate for that client. Set boundaries with your clients Just remember, you do not have to be available 24/7. As a freelancer, you might get an email from your client in the middle of the night. You do not have to open it right away and respond to them. Set a fixed time for checking emails and texts and let the clients know about it. Just because you can reply instantly doesn’t mean you should. Implementing this habit early in your freelance career will save you tons of headaches in the future. Learn to say no Remember that you are your boss and only accountable to yourself. If a client is asking for too much, or you are already full, but another client wants to hire you, say no. Do not sacrifice your time for some extra work. Sure, you are getting paid for the extra hours you put in, but it isn’t worth it in the long run. Sure, working a little more than average isn’t as bad. If you work eight hours a day, working for nine hours one day to finish a project is acceptable; working for four more hours regularly is not. What is considered normal is also entirely up to you, but remember your wellbeing, health, and free time when building a schedule for yourself.

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JazzCash for Pakistani Freelancers

The UK-based freelance platform is now offering a new payment gateway for Pakistanis to ensure safe and secure transactions. Freelancers make a total of 1.1 billion out of the 3.5 billion global workforces, with the majority of the workers operating from South Asian regions like Pakistan. Due to a lack of local secure payment systems, clients and freelancers often face problems and have to deal with numerous scams. TaskShift, a UK-based freelance platform , has introduced JazzCash as their payment gateway for Pakistanis to ensure safe and secure transactions. TaskShift believes that one of the most critical problems clients and freelancers face today is scams or frauds. On one hand, clients often end up losing their money to fraudulent scams, and on the other hand, many freelancers remain unpaid or underpaid despite timely delivering the project. Through local payment gateways, such as JazzCash, clients and freelancers based in Pakistan can make transactions through a secure platform, with the added protection and reliability of TaskShift’s Escrow. Clients in Pakistan who outsource work frequently but cannot use Paypal and do not wish to rely on debit or credit cards can feel more at peace while making payments via JazzCash. Similarly, freelancers can also feel secure and confident that their rightful earnings are protected with TaskShift. Revolutionising freelancing globally TaskShift is an emerging UK-based online freelance marketplace that aims to stabilize the global freelance economy by charging only 3% commission. With a market-competitive commission rate, freelancers do not feel the need to charge unreasonable rates for their services, and small businesses can outsource work without breaking the bank. Ultimately, this also allows business owners to execute their dream projects and kickstart new projects. According to TaskShift, the JazzCash payment gateway will only be visible to users in Pakistan. TaskShift representatives further confirm that they will soon be launching local payment gateways for other regions, which are considered the hotspot of freelancers. This content is a paid advertisement by TaskShift and is not associated with or necessarily reflective of the views of Dawn.com or its editorial staff.

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Is Upwork Safe to Use?

Working remotely online is a dream for many people. Whether you want the convenience of setting your own schedule or the ability to work from anywhere, freelancing online is an enticing idea. Unfortunately, finding reliable online work is challenging. It is a lot easier to fall victim to scams when predators hide behind a screen. Most aspiring online workers encountered Upwork at one point or another in their career search. The popular platform is a freelancing giant—but mixed reviews deter users from joining the platform. Learning about Upwork and how to use the site safely helps users get a jumpstart on their online careers. What Is Upwork.com? Upwork is an online network that connects freelancers and employers. It’s the largest freelancing marketplace, that was previously two separate companies, Elance and oDesk. Since their merger in 2015, Upwork became the go-to spot for finding potential jobs or people to do them for you. The platform caters to many industries, most notably web design, customer service, programming, statistics, writing, illustrating, and translating. The possibilities are endless. It’s free for anyone to post job opportunities on the site. There are tons of posts, ranging from agencies looking for SEO copywriters to start-ups seeking video game designers to bring their passion projects to life; from students looking for someone to write their homework to even people looking for dating profile managers. Although employers don’t face many obstacles to create accounts, freelancers have to jump through some hoops before making proposals and getting paid. Freelancers now need to apply to create a profile and fit specific requirements to apply to positions. Upwork takes a rather large service fee from freelancers (usually 20 percent to start) plus VAT to European users in addition to a small service charge from clients. Users looking for additional freelancer or employer perks can opt for paid premium accounts, or other “job connects” to actively apply to positions they did not receive an invitation for. Is Upwork Legit? Many clients and freelancers alike find success through Upwork. It is a legitimate site that you can use with peace of mind. Upwork takes many security measures to ensure the safety of its users and encourages all users to follow specific guidelines to regulate activities on their platform. For example, clients must pay out “milestones” for paid projects in advance, which will sit in Escrow until the project is complete. This means that the money waits with a third party in advance upon contract agreements, so you don’t need to worry about clients ghosting you without payment on the platform. They also alert any suspicious activity from clients and warn you to pause work the second something seems fishy. For example, when clients connect payment information to hourly contracts, Upwork notifies freelancers if their credit information expired. Likewise, the platform monitors messages and posts to ban and suspend any suspicious users on their accounts. Despite these efforts, scams are possible through the platform, and if you fall for them, Upwork probably won’t […]

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8 Steps to Start a Small Business From Scratch

Thomas Barwick | Getty Images We do amazing, meaningful things every day, but in small increments. We build a life, a family, a career, a worldview, a legacy — all in bite-sized pieces that are manageable in the moment, yet impactful in the long term. This feeling that the challenge of starting a business is too big is a primary obstacle many entrepreneurs see blocking their road to financial independence. And yet, the basic process of building a business can be as step-by-step as starting your coffee pot in the morning or driving to work. Turn things on, get in gear, find a starting point and go. That’s not to say that it’s easy or that there’s no work involved. But when creating a small business, a series of steps becomes manageable instead of a neverending staircase you have to run up. In the spirit of taking things one productive piece at a time, here are the eight steps we recommend for starting your own small business. 1. Get a strategic business plan A business plan is the living structure of your company. It creates a pathway for success and lays out strategies for revenue, marketing, hiring, profit margins, competition and competitive advantages. You’ll also use your plan to share your vision with potential investors, bank-loan officers and even new company managers and branding experts. 2. Incorporate your company The business formation process can be contracted out to professionals or handled piece-by-piece as you go along. If you work with a company that offers this kind of service, it can also handle many of the tasks in the following steps for you. Unless you plan to work as a sole proprietorship, which has different rules and can often be managed the same way as freelance work, you’ll want to create an LLC or limited liability corporation. You can learn more about which business structure to choose on the Small Business Administration’s website. 3. Get a Tax ID number In most instances, a small-business owner will need to file for a Taxpayer Identification Number (TIN), which the Internal Revenue Service (IRS) uses to administrate tax laws. It is issued either by the Social Security Administration (SSA) or by the IRS. According to IRS.gov, a tax ID number is not required if you operate a sole proprietorship or an LLC with no employees. However, if you plan to have employees, you will need to get an Employer Identification Number (EIN) that they can use for filing taxes. An EIN can be applied for online if your business is located in the United States or U.S. Territories, and you’ll first need to have a TIN to apply for an EIN. 4. Get a business license Your business licensing requirements may differ depending on the city, state or county in which you are doing business and the kind and size of business you plan to start. For example, in some states, sole proprietors do not need to acquire a business license (though certain […]

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9 Best Paying Freelancing Jobs to Pursue

Nowadays, freelancing is very popular among lots of people, especially those who are tired of working from 9 to 5. You can easily find an alternative job in the freelance marketplace and become your own boss. Just choose the right industry for you, create your own schedule, and start working. This is the best way to enjoy a healthy, comfy, and stressless working life. Of course, you want to do a freelancing job with a higher salary. You must be wondering which freelancing jobs are the most lucrative. Well, look no further! Here we will discuss the best paying freelancing jobs to pursue. UX Designer User experience (UX) designers are one of the most popular freelance jobs to pursue. UX designers are responsible for making sure a product provides the user with the best experience possible, from the design and usability of the product, to even the customer service and promotion of the product. Many freelance advertisements are hiring UX designers with bachelor’s degrees in design, but if you have a great portfolio and some experience, you can also become a freelance UX designer and find a fantastic job. Web Developer Another in-demand freelance job is web programming, coding, and developing. Programming freelance jobs, mainly software and mobile app development, are the highest-paid ones. That’s because there aren’t many good coders, as it is a very difficult skill to master. Today, many people want to start an online business, so they need a website or an app. If you are a qualified and experienced professional, there will be many jobs available to you. Both front-end and back-end developers are in demand, especially those who are mastered in coding languages such as Phyton, Java, Ruby, and others. Web designer Web designers are also in demand in the freelance industry. Web designers’ responsibility is to create the design and layout of a website or web pages. You can find a job to create a new website, or to update an existing one. Unlike with web development, you can actually become a web designer without any coding knowledge. You just need to become proficient with one of the many website building platforms available such as Wix or Squarespace, and you can start designing in no time! Copywriter The fastest and easiest way to become a freelancer is copywriting . Copywriting is also considered one of the easiest freelance jobs to start. There is no need for a specialized degree or technical background. Also, this is a great job if you want to earn a lot as a solo freelancer. As a copywriter, you have to use persuasive writing to create content for website pages, blogs, high-quality articles, guides, descriptions for products, services, and so on. The high-paid copywriters are direct response ones. Their goal is to write marketing material to get the reader to take action. For instance, sales video scripts, emails, and online sales pages are aimed to make the potential customer order a product, sign up for a webinar, etc. […]

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How Graphic Design Freelancers Can Make Downtime Productive

Regardless of whether it’s optional or inevitable, it isn’t a good idea for freelancers to let downtime become wasted time. Graphic design freelancers, in particular, can be productive during downtime. Graphic design is a robust industry that’s increasingly growing in importance during the digital age. Companies and individuals alike want to invest in their online brands, and visual style is a core concern. Time spent scrolling through everything the internet has to offer is far more likely to be captured by eye-catching visuals than by even the most carefully-targeted copy. For those creative professionals who excel at graphic design and know how to present their services properly, there’s a lot of money to be made. As you might expect, though, supply has crept up to meet demand, and there may be more graphic designers around than ever before — particularly freelancers. Some graphic designers have top-notch reputations and can charge hefty sums. Others are just getting started and looking to prove themselves. The waters are further muddied by the part-timers: the people who have some basic graphic design skills and hope to occasionally supplement their income streams. Even if you’re the best of the best when it comes to graphic design, the sheer variety of professionals around (and the speed at which visual design trends come and go) will ensure that you have downtime on occasion. You might choose that downtime on occasion, of course, not particularly wanting to work hard all the time. But regardless of whether it’s inevitable or optional, it isn’t a good idea to let downtime become wasted time. It can still be productive. Productive Ways to Draw More Value from Downtime To help you squeeze more value from your downtime, then, we’re going to look at four ways in which you can use it more productively. Let’s get to them: Learn to use new tools Maybe the most useful thing for a graphic designer to do during downtime is work on their skills. The better they get at what they do, the more they can raise their rates, and the easier they’ll find it to secure work in the future. Someone who primarily works using Adobe tools like Photoshop and Illustrator might benefit from dabbling in the Coral suite, for instance. There’s a lot of overlap, naturally, but you may discover CorelDRAW better for some things. Additionally, we all fall into repetitive patterns sometimes, and graphic designers are no different. It’s easy to find one way of achieving a particular effect — even if it’s somewhat slapped together — and keep using it in perpetuity. Downtime can be used to try new methods, which may turn out to be more efficient and/or more effective, particularly if they involve macros. Produce educational courses to sell When you have in-demand skills, providing them for a fee isn’t the only way to monetize them. You can also profit from teaching others to do what you do. Since it isn’t specific actions that make you an expert (it’s […]

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What Is SWOT Analysis?

As your job responsibilities increase, you could face challenges with productivity and career growth. Whether you’re an employee or running your own freelance gig, these challenges can occur. However, by following the SWOT analysis steps mentioned in this article, you can overcome such challenges. A personal SWOT analysis will help you to pick the right job or project for increased productivity. Subsequently, you’ll see yourself prepared for the next level of career or business expansion. The Importance of Personal SWOT Analysis To get to the next career level in a company or expand your freelance business, you need to keep up the productivity while accepting extra tasks. You can only sustain the pace of productivity when your approach is scientific. SWOT analysis is the scientific method that helps businesses increase their productivity and growth. It’s also similarly effective when you need to understand individual capabilities. A SWOT analysis report will help you undertake those tasks that you can complete at a higher productivity rate. You’ll also grow advanced skills and more confidence to move yourself to the next level. The Process of Personal SWOT Analysis There are two phases for preparing a SWOT analysis report. During the first phase, you need to find out the followings that are related to the next career level or freelance expansion: 1. Strengths List down the strengths that distinguish you from your competitors. Domain-specific strengths will accelerate project productivity. It’d help if you try to answer the following questions: What educational qualifications and professional certifications do you own? Are you an expert in any trending technology skill or technique? Do you possess any novel project strategy that’ll add value to the company or client? Which reputed companies or clients have you served? Do you have extensive networking in your domain? Are you able to manage a team endowed with mission-critical projects? 2. Weaknesses To be able to increase productivity and accomplish professional goals, you need to find out your weaknesses. Try answering the following questions to list your weaknesses: Do you lack any trending technical or soft skills that could block your path to a promotion or freelance gig expansion? Do you have any habits like procrastinating , being unable to follow established processes, reporting late at work, etc., that could negatively impact your profession? When communicating with a group of people, do you feel a lack of confidence? Is there any shortcoming in your educational background which could make you feel insecure at work or while handling a freelance project? 3. Opportunities It’s time to list opportunities that will give a push to grow your career or freelance gig. Knowing your opportunities help you to boost productivity at the professional level. Make a list of the answers to the following questions: Do you feel that the latest advancements in your domain are more beneficial for you than your competitors? Do you think acquiring new skills will give you an edge over the others in your industry? Is there a need for skilled […]

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Freelancers: 10 Steps To Set Boundaries

In the growing gig economy, there’s fierce competition in many freelance markets. Far too often, contractors will try to earn repeat work from a client by going the extra mile and taking on extra work only to not get properly compensated for it. As business professionals, it’s important for freelancers to stand up for themselves and their work and get the compensation they deserve. To help, a panel of Young Entrepreneur Council members shared their advice. Below, they discussed what freelancers can do before or after taking a job to ensure that they don’t get taken advantage of by their clients. Young Entrepreneur Council members offer tips to freelancers for setting boundaries with clients. 1. Get The Contract Signed Before Starting The Job Make sure to have the written contract or statement of work signed by both parties before starting the job. In this contract, make sure to clearly list out the scope of work and how the out-of-scope work would be handled. For instance, out-of-scope work would be done at an hourly rate of X, etc. This will protect the freelancer from scope creep as well as provide a written document to go to in case of any potential legal involvement. Also, have a conversation at the beginning of the job with the client about what is in the scope of work so both parties are on the same page. Frequent communication throughout the job would also minimize potential scope creep. – Meeky Hwang , Ndevr, Inc 2. Consider Productizing Your Services Freelancers should consider productizing their services. Productizing a service means packaging a skill into different packages. For instance, a website designer can offer three different pricing tiers with different scopes of work for prospective clients to choose from. This ensures the freelancer gets paid for all the work they do, and if a client needs extra work, the freelancer would be able to bill for it. – Kristin Kimberly Marquet , Marquet Media, LLC 3. Track Your Time Track your time—especially if you’re getting paid on a per-project basis. Clients are often unaware of how “small” tasks pile up. They may also be unintentionally ignorant of how long specific requests take you to complete. If you accurately document where and how you’re spending your time, you’ve got solid evidence when it comes time to have “that talk” with a client. A reasonable customer who seeks a mutually beneficial working relationship will usually be open to discussing solutions, whether that’s paying you more money or delegating you fewer tasks. As any freelancer knows, not all clients are reasonable. In that case, it’s crucial to be firm about what work you’re willing to do under the terms of your agreement. If that harms your relationship, you might be better off without them. – Mark Stallings , Casely, Inc. 4. Create A Professional Brand Image For some businesses and people, the term “freelancer” doesn’t convey the same degree of professionalism as an established company might. This is a bias […]

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How to Become a Freelance Data Scientist?

The Best thing about becoming a freelance data scientist is you can establish yourself as a brand. Data science is a steadily growing field. More enterprises keep on depending on innovation for collecting and following up on fundamental data, which increases the demand for data scientists in the market. But getting a work opportunity that meets your requirements can sometimes be a challenge. In that case, becoming a freelance data scientist is an ideal option for you. Freelancing is rapidly turning into a mainstream choice for experts. Indeed, LinkedIn is carrying out another component explicitly for assisting freelancers to find work. With this development, it is the best opportunity to get into data science freelancing. Now the question is how to become a successful freelance data scientist? Build Your Presence The initial step of building your presence in the market is to build your website, job listing, and LinkedIn page. Utilize your site to flaunt your abilities. Put an arrangement of pertinent work experience you have, and update it as you effectively help more customers. Keep in mind, a site should be not difficult to explore and make it simple to reach you and get the data that people need. Then, update your LinkedIn and utilize the new marketplaces component to publicize yourself as a freelancer. This final venture will help you consider every contingency for attracting organizations or people searching for data scientists. Learn New Skills Data science changes with the occasion. New abilities become possibly the most important factor, and you should stay aware of the requests of the work. Luckily, data science is an expansive profession — you can apply abilities you mastered for cybersecurity to AI calculations . You can likewise go to online courses to acquire the abilities you need to learn. You can add the specialization certificates to your site, boosting your allure and capabilities for any data science-related work. As a freelancer, you should know the essentials of the work, insights, programming, data visualization , machine and deep learning , and computer programming. These abilities will give you a balanced way to deal with all work. Utilize Online Resources Internet is one of the best human creations. As a freelance data scientist, you can use it to create connections and expand your network with the help of online resources like: Upwork and Toptal are two freelancing explicit stages that will assist with interfacing you with your customers. Gitter is a Slack people group where you can cooperate with different engineers, assisting each other with excursion your tasks and objectives. Kaggle is an across-the-board stage for mastering new abilities and discovering a local area of comparable experts to assemble a customer base. Data Science Stack Exchange is a data set of gatherings where information researchers can pose inquiries and refine their skills. Resolve the Details When you make a work connection, you will need to work out some of the last details. Think about your hours, contract commitments, and pay rate as you […]

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How to Track Your Expenses as a Freelancer

There are many perks of working as a freelancer, one of the best being that you set your own schedule and work anywhere in the world. But the least favorite part in any freelancer’s career is tax season. Tax season means needing to keep track of all your business expenses and make an estimated tax payment each quarter. You’ll also have to calculate your exact income if you’ll be subjected to income tax and self-employment taxes. It’s bad enough that you pay the full amount of self-employment tax since you’re both the employer and employee, but at least you’re entitled to tax deductions. If you keep a good record of those, you might end up saving up to 50% of your tax liabilities. Navigating tax season with less stress comes down to how well you track your expenses and taxes, so here are a few tips on how to do it. What counts as an expense? Any money you spend to keep your business afloat counts as an expense. However, these expenses must be ordinary and common, which means they are recurring and related to your business. For example, a website that displays your services as a freelancer is considered business-related, so any paid fees are business expenses. But if you’re using the website for personal matters, then it shouldn’t be recorded as an expense. It’s better to separate your personal and business finances to avoid any confusion. Other expenses include your rent, for example, but there are things to keep in mind. If you’re working from home, you should calculate the percentage of your home dedicated to your business. That way you’ll be able to easily calculate a percentage of your home bills and count them as a business expense as well. Extra expenses like phone and internet bills, insurance premiums, office supplies, travel expenses, and entertainment such as business dinners can all be counted as business expenses, which can be deducted from your gross income to calculate your taxes. How to track your expenses Ideally, you’ll write down, or somehow record every expense as you go to avoid piling them up until tax time. A simple spreadsheet is sufficient to keep track of your expenses and income. You can also use accounting software for a more automated approach. Some keep all receipts in a box and, better yet, take photos of them regularly and store them in a folder on the computer. Many receipts are sent by email, so it helps to keep them all saved up in a folder as well. Having digital copies of all your receipts is a good backup to ensure you don’t lose any of them. Keeping all these records organized and in one place will come in handy while calculating your taxes. Tracking your taxes Remember to set aside some money for your taxes; paying a little amount every month is a lot better than making a hefty payment in tax season. You can hire an accountant to keep track of […]

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