Ok, you’ve decided to start your online venture; you’re determined to make your name in the online world, and you’ve got your plans ready for that. But have you arranged the requisite finance, the most vital element in any business? It is not so surprising that apart from immaculate planning, business also requires adequate finance to commence its operations, and online business can’t be an exception to this fact.
Even though online business costs less to operate than a traditional physical business, it still incurs various expenses in the form of domain registration, web hosting, design and development, support, maintenance, staff salary and many other. To supplement these outgoings, you either need a job that pays you handsomely or consider the option of freelancing.
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If you’re planning for an online business and your full time 9 to 5 job hardly suffices your cost of living, you are compelled to seek an alternative job. The earnings you get from that job can then be expended on your business. Freelancing can end your quest for an alternative job. In fact, you’ll not find a better option than freelancing due to its simplistic approach to work.
Freelancing is gaining immense popularity in recent times simply because it provides a complete new definition to “jobs”. Today, when jobs are meant to be the same old tedious 9 to 5 affair with distinction between blue-collar and white-collar status, freelancing presents a platform which offers the freedom of time and flexibility to work and honors the skills and talents rather than the positions and ranks you hold in your office.
As a freelancer, you can set your own working hours; whether you want to work in the morning, or at the evening after your day job, you are your own boss. You get extra time to spend with your family since you’ll be at your own house all the time. If you also work at a regular job, you can freelance either in the early morning or late night hours. You can work while traveling, while on a flight or relaxing by the beach, workplace doesn’t matter for you, what you just require is a laptop and a connection to the internet.
Which category of freelancing should you choose depends on your skills and knowledge? If you are a web programmer, you can search for web programming related jobs. There is a specific freelancing marketplace like Freelancer.com (formerly vWorker) for programming jobs, although now it offers jobs related to other sectors as well. Whereas, if you hold proficiency in writing, Upwork, Constant-Content are the most popular freelancing sites for writing related jobs.
Freelancing is a rewarding career, and if you work well, you stand a decent chance of leaving your day job behind and adopting freelancing as a full time job. Many people, who at first started freelancing as a hobby, have later resorted to it as a full time career. They have changed their fortunes with freelancing, a feat they would hardly achieve with their regular day job.
Yes, work ethics and deadlines are vital in freelancing. You do have to finish your assignments within the time limit agreed with the client, but beyond that, there will be no other obligations on your part. Once the client approves your work, you will be paid instantly. Now, you no longer need to wait for a month to receive your pay check, you get it as you finish your stated task, sometimes even within hours, if the job is short and uncomplicated. For larger and more complex jobs, you need to demand periodical payments from your client for the completed portion of the work, so that your payment frequency is not elongated.
With such fruitful prospects, freelancing convincingly outdoes all its counterparts. Still, if you’re dwelling on other alternative options for income, you either need to work on a part time job, or you might have to give up on your vision for online business. Both ways, you are the one who will be at a loss. While, if you stick to freelancing, you can complement your online business by monetizing your extra time, and thereby lead your way on the path to success in your endeavors.