5 Things To Know Before Going Freelance

5 Things To Know Before Going Freelance Thinking of going freelance? There are plenty of perks. You become your own boss, set your own hours and get to avoid travelling in rush hour. It can feel as though you have a lot more control over your own workload and time. However, being a freelancer has its difficulties. Sometimes you can feel isolated and there isn’t a HR department to fight your corner. It’s not something to take on lightly, so you’ll need to consider lots of things before taking the plunge. Here are 5 things to know before going freelance. Self-Promotion When you work freelance, you have to become your own biggest fan. You need to think of yourself as a business. You aren’t simply you; you are The Writer or The Musician. Until you start to become well known in your profession, no one else is going to scream about your abilities. So, you need to scream about them yourself. Big yourself up. This might mean creating your own website where you display your services (check out these interesting internet marketing agency ideas ). Promote yourself. No one else will. Payment When you’re freelance, payments can be difficult . You’ll need to keep track of your fee and invoice the company. You might not be paid regularly, so you’ll need to keep an eye on your finances and make sure you save money until the next payment. Unfortunately, some companies can take their time paying freelancers, so you might need to add payment terms to your invoice. You’ll also need to calculate your own tax, which can be challenging. Most freelancers pay an accountant to ensure they get everything they’re entitled to. Chasing Much of being freelance is chasing, so you’ll need to get good at it. You’ll mostly be chasing work and payments. You might find that you’ll communicate with a potential client about doing some work and never hear back. Often, things take longer than the client thinks. So, work on your chasing skills. You’ll need to craft polite emails that make your intentions clear. Always be professional, and know when to back off. Networking Freelancers don’t necessarily have colleagues in the way that most professions do. This means that it can sometimes feel lonely and isolating. It’s important to have a good support network around you, so you’ll benefit from going to networking events and connecting with other freelancers in your field. You might want to start a coffee group where you share work and meet regularly to talk about how it’s going. Don’t forget the importance of a group of people who know the position you’re in. When to Say No It’s an unfortunate fact that some people take advantage of freelancers. They’ll pay too little or even try to make you work for free. While some projects might be beneficial for your career and you might not mind being underpaid, you need to know when to turn down projects and simply say so. […]

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From Freelancer to Affiliate Marketer Extraordinaire: Aman Saha’s Secrets to Success

— Affiliate marketing is now a $12 billion industry. This indicates how rapidly the industry is growing, and it shows no signs of slowing down anytime soon. Aman Saha , who started his career as a website developer, is now one of the stalwarts of affiliate marketing. He is also one of the youngest online marketing specialists who made his way to the top of the affiliate marketing industry with sheer hard work, relentless dedication, and excellent marketing skills. Most people who want to pursue affiliate marketing as a career fear failures. According to Aman, that’s normal in any industry. You need to grow as a professional by learning from your mistakes. It’s not possible to become an affiliate marketing tycoon overnight. In fact, you may not even reach your target after a couple of months. But that shouldn’t stop you from believing that you can make it big in this industry. When he first started out, Aman worked as a freelancer at Fiverr where he designed websites for clients. But the money wasn’t enough. He had the hunger to earn more and that’s when he came across affiliate marketing. The concept of earning a handsome commission by selling products of other people intrigued him. He wanted to use his digital marketing expertise in this industry to see whether it would help him earn more. And it didn’t take long for Aman to realize that this was the opportunity he had been waiting for. His earnings increased significantly and he soon became a popular name in the affiliate marketing industry . When asked about his route to success, Aman shared three secrets that can help any affiliate marketer accomplish his goals. 1. Broadening the market The biggest advantage of affiliate marketing is that it doesn’t place any limits on your earning potential. Aman believes that you should make the most of this by broadening your market. The more you promote your product, the more people you influence to buy it. Another reason why it’s comparatively easier to succeed in affiliate marketing is you don’t have to pay anyone any salary. This means you keep the entire commission in your pocket. The people who work for you also earn commission the same way you do. They also have an equal opportunity to become as successful as you are. The more people you have in your team, the more chances you create to earn a commission, and that’s how you grow in this industry. 2. Cost-effective marketing techniques Aman utilized his experience in digital marketing to get a head-start in affiliate marketing. From promoting on social media to sending out email campaigns, he didn’t leave any stone unturned to make his audience aware of the affiliate product he was selling. He advises new affiliate marketers to do the same. According to Aman, the more marketing channels you use, the more doors you open for people to check out your products. 3. Tracking your growth Once you make a breakthrough, you should […]

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6 ways to make money freelance writing

Fancy yourself a wordsmith? If you’ve always been clever with wordplay, you can weave a story that keeps your audience engaged, or you have the ability to describe the essence of an idea in a few simple sentences, then you might be able to take your skills and turn them into an income. Maybe you’re looking for a way to make some extra money in your free time, or you’re aiming towards a long-term career goal of writing for a living. Either way, this guide will show you how to make money writing and the tools and skills you need to get you there. Is it possible to make money freelance writing? Of all the ways you can make money online , writing gigs seem to fill the top 10 lists, and for good reason. Income can range from $20 per hour up to $110, for positions that span both creative roles and the nitty-gritty technical ones. You can get your creative juices flowing by writing and publishing your own book, sharpen your sales skills in copywriting roles or be a jack-of-all-trades while blogging. 6 ways to make money freelance writing Now you know that it is possible to make money freelance writing. However, for many wannabe writers, a far more puzzling question is how to make money writing. Here are some of the most common writing positions that you might find advertised, along with the average salary and the key skills needed to excel in that job. Content writer With so much of our lives spent online, there’s a greater need for publications to keep producing relevant content. A content writer’s role is to create content that informs, entertains and educates the reader. A content writer can produce articles for many channels including websites, blogs, social media accounts and email newsletters. Experience with online marketing strategies, strong research skills and the ability to write concise and engaging content are some of the key skills needed. The average salary for this role is $77,437 per year and freelancers can make between $22 and $100 per hour. One of the cons of this role is that it can take some time to develop a portfolio of work so that you can get to those higher salary work. Content writers with significant experience, however, are more in demand, so you can have your pick of assignments. Copywriter A copywriter position has many overlaps with a content writer’s, with some key differences. A copywriter’s primary goal is to persuade. They use language and words to convince the reader to take an action that might include engaging with a company in a certain way or buying a product. Copywriting is often used in advertisements, landing pages, emails, sales copy, print ads, digital ads and brochures. The best copywriters know how to craft short-form copy that is highly persuasive. This can be a high-stress position for some writers as it is more conversion-focused than other forms of writing, but the added responsibility can be […]

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Finding meaningful work through freelancing

Over the years, the method of working has experienced various changes, and so have the reasons for doing so. Finding and engaging in meaningful work has also become popular as many different employment options are springing up; freelancing is one of them. Meaningful work simply explains having a genuine connection between the work you do and your life’s purpose, and with freelancing platforms like Kreek Africa, it’s possible. Very often, it is assumed that one has to be a part of an organization for them to engage in meaningful work. But for those interested in having full control of their careers, or those who aren’t ‘fortunate’ enough to be a part of a company, freelancing can still be rewarding with the right platform. According to the Harvard business review, there are six drivers that made work meaningful for freelancers, and Kreek Africa offers these. The first driver of meaningful work is balance, and this refers to freelancers having the time for other things outside of work. And a freelance website like Kreek Africa means freelancers can work from any location and at any time. It also gives them the liberty to schedule their work life and their personal life. Right next to balance comes autonomy, where freelancers have control over their careers. On the Kreek Africa platform, you decide what work to participate in based on reviews of clients that have already gone through a rigorous authentication process as a way of ensuring safety. That means freelancers can participate in online jobs that add value to their work while earning an income. There is nothing like office politics to get in the way, and professionals can give off their best with no interference. Apart from these two, advancement is another important driver of meaningful work. And with a wide pool of projects with different levels, freelancers have the opportunity to engage in those that challenge them and put their qualifications to good use. It allows them to take more responsibly in their work as there will be no red tape processes. The accountability for their work is also a great way to gain some credibility, independence, and status in their field. Freelancers can also benefit from the variety of projects on the platform as well, which will help them grow in their chosen fields. The last two drivers, service and affiliation, also make work more meaningful for freelancers as it gives a sense of being part of something bigger. Kreek Africa is dedicated to projecting the talent that Africa has by creating a platform for its citizens. With foreign or Western platforms, many African freelancers may face one form of discrimination or the other, which makes work challenging and slow. Kreek Africa eliminates this and, in the process, redefines the African economy. The platform makes it easier for those who prefer working for themselves, which is a large portion of Africans to achieve their goals and dreams. Meaningful work isn’t only good for freelancers, and companies that use the […]

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The Best Retirement Plan Options for Freelancers

Running a business or being self-employed means a great deal of freedom, but with that freedom comes responsibility. And one of the most important responsibilities is to make sure that you are properly saving for retirement. You cannot just count on your employer to set up your 401(k), but must now handle it yourself. But this is not all bad, as being self-employed grants additional flexibility as you can now use plans which you cannot as an employee. Here are some of the key plans to consider as well how tips for how to save and enjoy a long retirement. Traditional IRA/Roth IRA While you can use additional retirement plans when you are self-employed, that does not mean you should eschew an IRA. An IRA is simple to set up, may be familiar to you, and can be used regardless of whether you have employees or not. The catch is that you can only contribute up to $6,000 per year, but that may be enough depending on your financial circumstances. There is the age-old question of whether it is better to use a Roth or traditional IRA, with the ultimate answer being that it depends on your financial circumstances. SEP IRA A SEP (simplified employee pension) IRA is easy to set up, needing only an additional form on top of the usual forms needed for a traditional IRA. It is a good choice for freelancers as well as small business owners with zero or only a few employees. In a SEP IRA, you can contribute the lesser of up to 25% of your annual compensation or $57,000, which means that you can contribute quite a bit more compared to traditional IRAs. This contribution can be deducted on your tax return, which means greater savings. But if you have more than one or two employees, a SEP IRA can be difficult to maintain. You must make contributions to your employees that are the same percentage as the ones for yourself. For example, if you contribute 25% of your annual income, you must contribute 25% of your employee’s annual compensation to his SEP IRA as well. Simple IRA This IRA is good for small businesses, because it places some of the contribution burden on employees as they own the accounts. Employees can defer up to 3% of their salary, which the employees must match or pay 2% for every eligible employee. Simple IRAs are better for small businesses than a traditional 401(k) as they are much easier to administrate, but only businesses with 100 or fewer employees can make use of them. Furthermore, employees are subject to a 25% penalty if they choose to withdraw funds in the first two years, meaning that they cannot put it in another retirement account. Health Savings Account This is not strictly speaking a retirement plan, but many people view HSAs as a de facto retirement plan, especially since health expenses are a major part of saving for retirement. An HSA allows you to stockpile […]

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How to get clients as a freelancer or contractor

Wondering how to get clients as a freelancer or contractor? Our guide explains more, as well as what you might need to include in a freelance contract. How to find clients Going freelance can be a great move for many people. But while freelancers and contractors enjoy perks like flexibility and the opportunity to choose who they work for, it can be difficult to find clients in the first place. This is especially true if you’re just starting out. It’s not impossible, though. There are tried-and-tested methods you can put into action today to help you get freelance work. Some are quick wins, while others might take time – which ones will you use for your business? How to get freelance work 1. Focus on a niche Freelancers are often specialists in their chosen field, whether that’s writing , graphic design or IT . But successful freelancers often go further. Choosing a niche helps you define which clients you want to work for – and makes it easier for potential clients to see what you can offer. Think of your niche as your unique selling point . Instead of just being a copywriter, you might be a copywriter who focuses on sports fashion. Alternatively, you might hone in on a particular service as your niche. For example, graphic designers could sell themselves as skilled Photoshop designers, or on designing conversion-driven emails. 2. Make the most of your existing network Even if you’re just starting out, you might have an existing network made of close friends, family members, and people you’ve worked with in school or at university. And they’ll have people in their own professional networks who they could recommend you to. If you’re experienced, you should have people you’ve worked with in the past who can give you recommendations. Reach out to these people, without being too pushy. Some tips for maintaining your network include: keeping a contact tracking spreadsheet – if you’ve spent time building your network, it makes sense to keep track of your contacts. Use a spreadsheet to track their details, where you met, and how often you should get in touch (for instance, is this someone you should check in with monthly, quarterly, or yearly?) giving your contacts something useful – is there a useful article you can share with your contacts (even better, an article you’ve written)? Have you created anything that you’d like them to see? Or have you got any tips from a book you’ve just read? thanking them – this could be as simple as thanking someone for their time after meeting them, or as big as letting someone know you’ve appreciated their mentoring in the past 3. Set up (and optimise) your website It’s important to keep in mind that you’re running your own business – which means you need to do your branding and marketing yourself, too. Creating and maintaining a professional-looking website should be top of your list. It’s essentially your shop window, which you can use […]

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Is It Time For Freelance Startups To Collaborate?

getty By any reasonable measure, the freelance revolution has taking root and is flying high. Numbers tell part of the story. Upwork , for example, reckons that 60,000,000 Americans are taking part as gigsters, full-time freelancers or side-giggers. McKinsey four years back estimated the global population of gigsters and freelancers above 160,000,000, but that was before Covid 19 gut punched the global economy, eliminated tens of millions of full-time jobs, and encouraged many more millions to try their hand at freelancing. And, the millions of freelancers trying their hand on a full-time or part-time basis has yielded an explosion of startups expanding or supporting the freelance revolution. I write about freelancers and the digital talent marketplaces that support them, and I am struck by the frequency with which I hear from new CEOs and entrepreneurial teams. Here’s an example from this morning from a new CEO, describing dgitags.io , an innovative new platform and an example of the marvelous creativity we’re seeing in the talent space and in HR Tech generally: “I’ve appreciated your analysis about freelance revolution and impacts on companies organization & employees. dgitags.io is based in Paris and Dublin, it is a new type of digital agency/consulting firm, combining a growth marketing agency and a highly selective product freelancing community. With my associate, from our previous professional experiences in big companies and as freelancers, we wanted to mix the agility of freelancing and the specific high expertise of a digital agency, and MAKE them work together to always deliver more value to our clients by offering them the best of these two “worlds” and to adapt better to theirs organizations.” I’m looking forward to learning more about dgitags.io, but not only. By my estimate, and there’s some extrapolation involved, there are at least a couple hundred freelance platforms forming around the world, or moving from infancy to adolescence. I’m a writer and teacher, not an organizer, but I wonder whether it’s time for startup leaders to more actively and intentionally collaborate, as well as compete. In each interview, I find that freelance pioneers are eager to hear what one another is doing, learning and planning, and it comes from a place of shared enthusiasm for the space and its possibilities, not just their competitive instincts. Interviews inevitably turn into discussions and brainstorms, and always end with a request to be introduced to other entrepreneurs. Is there value in organizing a founder’s club for this new generation of digital talent marketplace CEOs and the ecosystem partners that support them? Here’s why the time might be right, and what the new generation of marketplace CEOs might do about it: Collaborating for a rising tide . Most of the startup CEOs I speak with are working hard to grow their business, but recognize that freelancing is still a relatively immature industry with cultural barriers to growth. The logic of “on demand” is clear, but most corporates haven’t recognized the value of a flexible, blended workforce. Many cultures still regard […]

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How to Choose a Career that Gives You Money Without Investing

So you’ve landed your dream job at a world-renowned company. You’ve made your parents proud and can afford all the material luxuries of the world. Despite all your professional accomplishments, you often long to do something for yourself. If this is how you’re feeling, it’s high time you assess yourself and identify the right career path. You may want to work remotely like 98% of people , or perhaps you’d simply like a career change. Image via Buffer While a job can earn you an enviable paycheck, it may not always bring joy and satisfaction. A career, on the other, involves a series of professional choices that help you achieve your long-term goals. Unfortunately, many people go through their lives without knowing the difference. The good news is that it has become easier than ever to pursue a career you’re passionate about as you can seamlessly switch careers . Moreover, the rise of the internet has made it possible to build a sustainable and enduring career without spending a fortune. In this blog, we’ll take a look at a few career options that let you make money without investing. How to Make Money Without Investing The common misperception is that you need to invest to make money. But it’s possible to make money without having to invest as well. You could do this through both offline and online businesses. Want to know how? Let’s find out. Through Online Businesses The rise of the internet and social media platforms has opened a treasure trove of avenues to make money online. The best part is that you don’t have to exhaust your bank balance to kickstart your career. You just need the right skills and willingness to learn on the go. Here are a few such career options: Become a Freelancer: Work with clients all over the world on a freelance basis. Start Blogging: Create a blog to establish yourself as an authority and earn money from it. Launch Your YouTube Channel: Generate passive income by monetizing your YouTube channel. Leverage Social Media: Grow your following on social media and partner with brands. Become an Affiliate Marketer: Drive sales of products or services of your partners and get a commission. Create an Online Course: Generate income through selling registrations for your online course. And that’s not all. There are so many ways of making money online that you can leverage them for even the fields that you’re passionate about without having to make much of an investment. Through Offline Businesses Just the way you can make money through online businesses, it’s also possible to leverage offline businesses to generate a good income without having to invest money. Here are some of the businesses that you can consider starting offline: Insurance Agency: Get paid commission for every insurance plan that you sell. Fitness/Yoga Coaching: Freelance as a fitness or yoga coach after getting certified as one. Real Estate Agency: Generate income through selling of houses or finding clients for renting. Stock Market […]

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Tapping into the Talent Economy to Attract Real Expertise

Opinions expressed by Entrepreneur contributors are their own. This article was written by Kay VanAntwerpen, a member of the Entrepreneur NEXT powered by Assemble content team. Entrepreneur NEXT is our Expert solutions division leading the future of work and skills-based economy. If you’re struggling to find, vet, and hire the right Experts for your business, Entrepreneur NEXT is a platform to help you hire the experts you need, exactly when you need them. From business to marketing, sales, design, finance, and technology, we have the top 3 percent of Experts ready to work for you. Generational changes, employee priorities, and global events (such as COVID-19) have altered the way we look at the workplace. For employees, flexibility is now paramount. More than a third of workers in the U.S. are already part of the gig economy, and by the end of 2020, freelancers are expected to make up about 40 percent of the workforce. Ninety-two percent of millennials say they prefer jobs that allow them to work from home . As a result, the most reliable, hardy, and talented specialized workers—the kind who have paid their dues with tens of thousands of hours in the field—are moving to positions that allow them location independence and scheduling freedom. Companies need the ability to tap into the freelance economy to attract real expertise. Competition to attract these employees is fierce. Major organizations like Google and Apple have deeper pockets than smaller startups, and are able to offer enticing benefits and prestigious positions that cause a resume to glow. Plus, there are a lot of smaller startups grasping for talent. Global Entrepreneurship Monitor estimates 50 million startups will launch within the next year. This is where the blended workforce changes everything—with more talented workers moving to organizations that allow them to work for multiple clients, skilled work can be spread across a number of organizations any given week. Blended workforce changes everything. Advances in technology have offered us new opportunities in workplace development. The COVID-19 pandemic has shown us how effective and powerful the mobile workforce can be, and how quickly it can establish itself in a well-functioning order. Now, at the press of a button, startups can access talent from across the globe, and choose from the best of the best to meet their specific needs. These technological advances will bring us to a place where your permanent, full-time employees are able to work alongside and benefit from your temporary, external experts. It’s the future of the workforce. In one survey , HR leaders in Silicon Valley indicated that they anticipated the workforce to reach a place where 50 percent of the standard organization’s talent is external. This allows small companies to hire on a project-by-project basis, with access to the biggest and best talent. It also enables organizations in unusual locations to remotely engage professionals who cannot travel to them. The number one problem shared among entrepreneurs today is finding, vetting, hiring, and retaining expertise . How the freelance workforce […]

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9 Reasons to Start an Online Side Hustle in 2020

Opinions expressed by Entrepreneur contributors are their own. It was just after the World Trade Center fell to terrorist attacks on 9/11 that I first started my online business . Times were tough then and times are tough now. I wasn’t sure if I could make it work but, while my business has gone through several big changes over the years, I haven’t had to be back in a cubicle since then. Going online with my business ventures was the best decision I ever made. It’s offered me freedom and flexibility that I would never get working in the corporate world. What I’ve found is that during tough times, lots of people look for ways to make some extra cash in order to put food on the table or put money back into savings. Just like I did in the wake of 9/11. Fortunately, there are many more options than there used to be for making some extra cash. Door Dash and Uber are popular ones. However, in my opinion, starting a gig online is one of the best options. Here are nine reasons why starting an online side hustle during tough times can be a great decision. Online side hustles can grow into full-time incomes One of my favorite things about online side hustles that they often have the potential to grow into a full-time income . If you start picking up writing clients online or start offering website building services and learn how to effectively pick up new clients then you can quickly replace your day job income with gig work. yOu can work around your day job and bank the extra client work. Low overhead to start It can cost tens of thousands of dollars (or more) to start a traditional business and if you are doing a side hustle or driving for a rideshare or delivery service, you will put loads of wear and tear on your car. Starting an online side hustle generally costs very little money and can be bootstrapped for as little as a few hundred dollars and sometimes quite a bit less depending on what you want to do. There are very few options that are as cost-effective as an online side hustle to start. More platforms than ever before When I started out the only option for getting a web presence online was hand-coding a website. It took many, many hours of learning and writing HTML code and was a big pain to do. Now there are many, many platforms that are easy to use and effective: You can list handcrafted goods for sale on Etsy . You can showcase your freelance services on Upwork, Toptal, Fiverr , 99Designs, and more. You can resell local finds on eBay . You can start a publishing business on WordPress. You can easily build a website on WIX. You can list original designs on products fulfilled through print on demand vendors on Amazon . That’s just scratching the surface. If you are creative […]

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