n26)How to make money from freelancing

   Today We Will Talk about How to make money from freelancing

With remote work on the rise, more people than ever want to become a freelancer or start freelancing. Which begs the next obvious question…How to start freelancing?

Thankfully, it’s easier to become a freelancer than ever before. More than 57 million Americans freelanced in 2019, and the trend continues to grow with more than 50% of Gen Z opting to start freelancing.

Not only is it more popular to become a freelancer than ever before, but companies are getting more and more comfortable hiring freelancers rather than full-time employees.

A lot of jobs can be done remotely, and companies don’t need to provide the same financial or healthcare benefits to freelancers as they do full time employees.

So maybe it’s time for You to become self-employed and start a freelancing business.

Let’s talk about how you can start a freelance business yourself very quickly with very little money up front.

Define your goals for freelancing

It all starts with knowing your goals for starting your freelance business.

You wouldn’t get in your car and start driving if you didn’t have a destination, and you shouldn’t start a freelance business without a destination either.

Without a destination, it’s hard to know what direction to move. Goals provide that destination for starting your freelancing business.

Start with why you want to start freelancing

Simon Sinek is famous for his TED talk encouraging the audience to “Start With Why.”

Every day, you’ll need to motivate yourself to find clients and do exceptional work for them – and the first step is understanding your own “why.”

Start freelancing part time or as a side hustle

Freelancing part time or as a side hustle is a great place to start. When there is less pressure to generate income immediately, you can be more thoughtful with the type of work you do and the clients you do it for.

For this reason, it’s actually a great idea to start a freelancing business before you think you need to. Freelancing is often built from trust and client relationships, and those relationships take time to form.

So if you start freelancing part time or on the side, you give yourself time to create the crucial relationships you’d need to make a full-time living freelancing.

Making the leap to start freelancing full time

If you’re set on jumping into the deep end and become a freelancer full time that’s great! It’s never been a better time to be your own boss.

If that’s your goal, you’ll want to calculate how much you need to earn to cover your living expenses. And I mean all of your living expenses, including taxes, health insurance, and even retirement.

This is your freelancing income destination!

If you do have immediate bills to pay or even debt, you need to have a handle on that income goal so you don’t dig into a deeper hole.

You may not be able to hit that number in month one, but knowing what your income goal is will help you get there as quickly as possible.

Choose which skills you’ll start freelancing with

Whether you’re set to become a freelancer full time or on the side, your business will be built around the unique skills you have to offer. Those skills are your greatest asset.

So step one is identifying the different skills you’ve built over the years that other people may not have and want to pay You to use.

Start with a simple spreadsheet. In the first column, start listing each individual skill you can think of.

Start freelancing with skills from previous jobs

It’ll be easiest to start with all of the skills that you’ve already been paid to leverage. It doesn’t matter if the job was full time or part time, as long as you were being paid.

If an employer was willing to pay you to do that work, chances are that you’re pretty good at it! That’s a skill you can likely leverage to start a freelance business.

Think about your last several jobs: what were you being paid to do for those companies?

Don’t hold back – it may be customer service, graphic design, photography, or financial modeling.

If those roles required creativity or use of a specific software, it’s even more likely that someone would be willing to pay YOU rather than take the time to learn that skill themselves.

Some common software examples would be Adobe Photoshop, Figma, Sketch, Microsoft PowerPoint, Microsoft Excel, and so on.

Start freelancing with skills outside your job description

When you’re thinking about your previous jobs, don’t limit yourself to the job description or main responsibilities.

In most full time jobs, employees find themselves doing things that weren’t originally in their job description.

For example, if you were responsible for running a company’s social media accounts, you probably picked up some writing skills too.

So instead of only thinking about your social media skills, you may also be suited for copywriting or marketing work.

Add every specific skill to the list – the more skills you can name, the better.

Start freelancing using your hobbies and self-taught skills

Your skills aren’t limited to just what you’ve been paid to do. Go beyond the things you’ve already gotten paid for to things you’ve taught yourself, or even your hobbies.

What do you spend time doing just because you like doing it? Think about everything.

For example, if you collect stamps, you’re probably a strong researcher, organized, and you may even be good at negotiating!

If you’ve taught yourself how to design graphics in Canva, that counts too.

Again, at this stage, the more skills you can list, the better.

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