7 ways on How to Make Money Freelancing

Freelancing

In this age of the post-coronavirus pandemic and easing of lockdown restrictions, remote work and flexibility have become the order of the day. Companies that used to require their staff to be physically present in their locations have now realized that several duties performed by their employees can be done remotely.

This has driven attention towards remote work more than ever before and has made people realize the importance and safety of remote work. More and more people are working from home now and some have even left their regular jobs in pursuit of the flexibility that freelancing provides.

A regular job has lots of negatives that have only become more glaring courtesy of the pandemic and expanding remote work; long hours, lack of flexibility, bureaucracy and endless activities that just drain you and don’t leave you much time for yourself. It’s also highly likely that as a regular 9 to 5 worker, you would be exhausted by the time you are free to spend some time alone.

This is in stark contrast to freelancing that’s completely remote and flexible because you decide the hours you want to work and how much you want to work at a time. You basically determine your own schedule with freelancing, an action that allows you to chase your own passions

What is Freelancing?

Freelancing is a broad term that encapsulates several activities that individuals known as freelancers are contracted and subsequently paid to do remotely. Freelancing is synonymous to self-employment and launching your own business.

Freelancing provides most of the services required by businesses across the world. Services range from software/ programming, writing, digital marketing, graphic design and more. It has normalized the terms working from home and flexible work. Freelancing can involve working for one client or multiple clients at once.

Before freelancing became mainstream and the source of livelihood for millions of people across the world, the luxury of making money from the comfort of a house was largely exclusive to investors and business owners that had risen to the top of their career ladders.

Now, with the rise of freelancing and remote work, more and more people are raking in thousands of dollars monthly for their efforts. Nearly half of the workforce of the United States now works from home, a figure that only slightly exceeds the percentage of the world’s working population that are freelancers; 35%.

Contrary to what it seems from a glance, freelancing is not all roses and flowers. There are a lot of challenges involved in doing what you love from your home and getting paid handsomely for it. Freelancing is even more challenging if you’re a newbie and are only just learning the ropes and deciding what you’re good at.

If you’re thinking of joining the train of thousands of employees around the world that are dumping their day jobs to delve into freelancing full time, there are a couple of things you need to learn about freelancing to sustain your dream. Like other occupations, freelancing has its tricks and tips that require familiarization with while starting out particularly to guarantee success.

The biggest challenge of freelancing is monetizing your skills by finding clients that will pay you for what you can do. Without clients, making money is impossible as a freelancer, yet the onus of finding and maintaining clients lies completely on the individual freelancer.

In addition to client management, a freelancer also has to excel at time management, billing clients and saving up when the money’s still trickling in. Surviving as a freelancer is tough when you haven’t found your footing but once you do, it is a highly rewarding occupation.

Freelancing creates an instant (or nearly immediate) revenue stream for the freelancer. This makes it highly desirable, especially since other online career paths like publishing and blogging take some time and nurturing before they begin to yield returns.

Having multiple clients as a freelancer is also desirable because you get to work as much or as little as you want. If you are in a crunch and need some money quickly, freelancing is a great option as long as you have a marketable skill. You can work with more than one client at a time to enjoy multiple income streams.

Freelance Job Niches

We’ve already mentioned how freelancing is an umbrella terms that contains several different jobs and activities do for those who need them in exchange for money.

Not all freelancers started off as experts in their fields. There are countless freelancers that opt to go the route of researching skills that are in demand, learning these skills to an acceptable level, and then marketing them to clients.

This is learning on the job and it is permitted on freelancing websites where the freelancer’s profile will indicate expertise level so there’s no confusion with clients. The other option is deciding what it is you’re already good at, and then launching your freelancing career in that.

This option is quicker because you don’t have to devote your time to learning the skill and so can start immediately.

Freelancing is done over the internet and tasks are delivered as audio, video or writing which are easy to share regardless of where you and your client are located. Below are some of the freelancing skills/ niches that freelancers engage in and get paid for:

Blogging

Blogging is a freelance job that is popularly engaged in by freelancer. Creating a blog or website, creating and publishing content on it, and monetizing it by getting paid for views and impressions alike.

Digital Marketing and Sales

Digital marketing is one of the most popular freelance job types and skills. It involves activities that are conducted to help create awareness and drive sales of a product or service on digital media like websites, search engines and more where potential customers can get impressions f them from

Writing

Writing is the broadest and one of the most engaged in freelance jobs in 2021. Freelance writing, also known as remote content writing is always in demand because demand for content is universal on the internet. Content is needed everywhere on the internet, from websites and blogs, to social media pages, to video scripts, people need content.

Becoming a freelance writer is probably the easiest way to begin earning money from freelancing (as long as you know where to look). These days though, competition has become increasingly fierce due to standard requirements and the saturation of the playing field.

Graphics design

Graphics designing is one of the creative freelancing jobs out there. Freelance graphics design involves creating animations, logos, flyers and other designs that are needed by blogs, social media marketers, publications and much more. Like writing, graphics design is always in high demand because designs are needed by a lot of categories of clients.

SEO optimization, SEO writing

SEO optimization rose as a result of the increased recognition of the importance of search engines to a website’s ranking and performance. SEO optimization involves creating and modifying sections of a website like the inclusion of keywords in blog posts, title heads, metadata and more. These are modified and optimized to enable easier detection by search engines and a higher ranking as well.

SEO writing is a tad different from SEO optimization. SEO writing primarily consists of writing articles and blog posts that are optimized for search engines. The most important element of writing SEO-optimized articles is including niche- related keywords as well as keywords that a website’s niche audience uses in their search queries.

Tutoring

Tutoring isn’t a very popular freelancing job, though it is quite lucrative too. Due to the expansion of online courses and online schooling, the possibilities of remote coaching and learning are now being embraced.

As a freelance tutor, your job is to meet students virtually on your computer and teach them courses you were assigned by your institution. Some of the topics freelance tutors teach are physics, mathematics, engineering, and economics.

Teaching English is particularly common among freelance tutors. Citizens of countries like Korea, China and Russia where English is not the official language, pay handsomely to be taught the language. Usually the major requirement to tutor English to Orientals as a freelance tutor is to be a native speaker of English from the US, Canada, Britain, Australia, and sometime the Philippines.

Website building and management

Website building is activities involved in creating and designing a website to a client’s specifications. Website management is similar to website building, but its activities come after the website has been created.

Website management involves maintenance activities performed on a website on demand. As a freelance website builder, your job is to design a client’s website from scratch and deliver on the agreed date.

How Lucrative is Freelancing

If you’re thinking of becoming a freelancer in the hope that it will make you rich instantly, then you might want to consider another career path. While it is true that freelancers earn decent wages (freelancers earn higher than the average income in most countries), earning money as a freelancer requires some time commitment and dedication to see tangible results.

Freelancers earn thousands of dollars a month, but the odds are you won’t make as much in the beginning. The key is developing skills, consistently marketing yourself to the people that need your skills, earn yourself a reputation with high ratings and recommendations from those you’ve worked for (and loyal clients while you’re at it). Earning a decent income from freelancing requires a mix of skills, experience, and good fortune. In the beginning, it is okay to take jobs that don’t pay so much just to build your reputation and ratings while you climb up the ladder. Consistency is important to success in the freelancing world, and once you have this you can start taking up better gigs.

Steps to Making Money as a Freelancer

Freelancer involves specific steps that must be embarked upon to be monetized. If you’ve decided to become a freelancer, or you’re already one and are looking to improve your craft, you’ll benefit from the steps below:

  1. Decide your specialization and field of work: You need to determine if you’ll be a freelance writer, tutor, graphics designer or any of the other specializations of freelancing.
  2. Sign up for a freelance platform: vividly describe the kind of services you offer to clients. If you wish to have a go at it without platforms like Fiverr and Upwork, you can look for clients directly and connect with them on places like Linkedin, Twitter and FaceBook.
  3. Create a digital portfolio: This proves that you’re capable of providing services required in your niche, and is a form of insurance for clients. This portfolio should include your work history, personality traits, education, testimonials, and work samples.
  4. Search for Clients: As a freelancer, your business is incomplete without clients to pay for the service you offer. Once you’ve signed up on a platform and described your service, you need to look for clients.

You can do this by direct communication, emails and such to let them know you can create the service they need.

  • Begin freelancing before quitting your job: When you decide to jump ship to freelancing, it is advisable that you launch your freelance career before quitting your day job. This allows you to decide your preferred path, and ensure that your freelance career pays you well enough to quit other jobs.
  • Practice Self-Improvement: Clients evolve over time. Their needs also do not remain the same. Depending on your specialization, you need to constantly develop your skills to stay ahead of competitors as a freelancer. Devote some time to yourself development while executing paid jobs and you’ll be better off for it.
  • Be consistent and Organized: As a freelancer, consistency and organization are important to enjoying a fulfilling and rewarding career. Clients need to know that you deliver quality work and on time. You also need to learn time management so you can have repeat customers and enjoy a steady revenue flow for your efforts.

Conclusion

Making money with freelancing is not a get rich quick scheme. It requires consistency and developing marketable skills. Freelancing is a gradual career path that takes some time and commitment to become profitable.

When you’re a newbie freelancer, its normal not to earn so much, but as long as you do a good job every time and earn the trust of clients on the way, you’ll be on track to earning thousands of dollars monthly from the comfort of your home.

Got a Question?

To become a freelancer, identify your skills or services, create a portfolio showcasing your work, set up a professional online presence, join freelance platforms, network, and start pitching your services to potential clients.

In the US, a freelancer is a self-employed individual who offers services to clients on a project basis. Freelancers have the flexibility to work for multiple clients and are responsible for their own taxes, insurance, and business operations.

Secure freelance work in the US by leveraging online platforms like Upwork, Freelancer, and Fiverr, networking through social media and industry events, building a strong online portfolio, and applying to relevant job postings.

Start freelancing with no experience by offering your skills for free or at a discounted rate initially to build a portfolio. You can also take online courses to enhance your skills, create a professional online presence, and leverage any related experience from your background.

Freelance income varies based on skills, experience, demand, and the effort put in. Some freelancers earn substantial income, while others earn more modest amounts. High-demand skills and effective marketing can lead to good earnings.

Freelancing work involves providing services to clients on a project basis, rather than being employed by a single employer. It offers flexibility and the ability to choose projects that align with your skills and interests.

Yes, freelancing can be a viable source of income. Many individuals successfully earn money by offering services such as writing, graphic design, programming, marketing, and more.

Freelance income varies widely. It depends on factors like the field you’re in, your skill level, the number of clients, project complexity, and the rates you charge. Some freelancers make a part-time income, while others achieve full-time earnings or more.