Are you tired of clocking in and out of your job every day? Do you long for the freedom to work around your own schedule? The freedom the gig economy provides helps millions of people work on their time while making enough money to support their dreams. However, working through the gig economy isn’t for everybody. It takes resources, dedication, and discipline. Read on to help determine if finding a job as a freelancer is right for you.
What Is the Gig Economy?
First of all, what even is the “gig economy?” This is a modern term we use to define a workforce where organizations contract independent workers for short-term working engagements. Oftentimes these workers find their “gigs” through technological platforms that help connect freelancers with people or companies that are looking for temporary help. Predictions estimate that by 2020, 40 percent of American workers will be freelance, independent contractors. Popular gig economy websites include:
Freelancing has its benefits. It allows people to work from wherever they are without having to adhere to a regular office schedule or regulations. However, there are definite drawbacks to working a gig. Freelancers have to be in charge of things other companies outsource to human resources departments.
If you want things such as health insurance and a retirement package, you will have to do the research and invest in them yourself. Furthermore, independent contractors in the United States work through 1099 contracts, meaning they get paid in full, and state and federal taxes are not withheld. When working as a freelancer, it is important to set aside money for tax payments while also tracking business-related expenses for deductions.
Getting Started with Gigs: Resources, Dedication, and Discipline
Deciding what kind of freelancer you want to be that will depend on the resources you have. Resources refer to both the things you own and the services you provide. If you don’t have a car or a driver’s license, you can’t drive for a rideshare company. The same thing goes for freelance work such as copywriting — if you don’t have the technology to connect with people online or the writing skills to do the task, there’s not much chance for you in that field. To decide what kind of gig is right for you, do a self-assessment of your assets to determine what works best for you.
Beyond your resources, you have to have dedication and discipline. Without a boss breathing down your neck, there is no one to hold you accountable for completing your work. If you want to freelance, you have to be a self-starter who sees your projects through. If you don’t manage your time effectively, you will end up disappointing your clients and failing to get hired again. Furthermore, you won’t make enough cash to make your living as a freelancer.
Tips for Freelancers
So you’ve determined your best route for gigs and you are ready to get going — great! Set yourself up for success with these helpful tips:
Set up space where you live for a home office. Even if your gigs take you out of the house, you need a space where you can organize your documents and schedule. Make sure you have your wiring and communication needs met in this area and personalize it with custom chairs, desks, and other furniture. Establish rules in your home office that provide structure and discipline in your working area separate from the relaxation and fun you have in the rest of the house.
Connect with other freelancers. Not only can they provide you with helpful tips and social support, they may be able to connect you with other clients in need of your services.
Don’t neglect your branding. Any time you advertise your services, you should stick to a particular set of visual rules that will create a visual imprint in a potential client’s mind.
The gig economy provides freedom and flexibility to work on your own schedule, but there are drawbacks as well. Budgeting for insurance, retirement and taxes are just a few of the responsibilities a freelancer has to do on their own. However, if you have the resources, dedication and discipline, there is nothing stopping you from pursuing a career you love!
Learn More on How To Start Your Own Business Today!
The #celebration of the day is being #promoted by FIT which is known as the (International Federation Of Translator) which was set up ever since 1953. The idea of making this day official was promoted by FIT and then it got recognized as the #internationaltranslationday to show the solidarity of the worldwide #translation community in an effort to promote the #translation #profession among all the people and not only in one country but in the entire world?
Well, let me tell you its difficult for some, but NOT for me, I love it and it’s my favorite mode of interpretation. 😍
I have over 16+ years of experience working as a Simultaneous, Consecutive, Conference interpreter for all areas, such as Medical, Legal, Government, Hospitality, Investigations, General Businesses, State, County, Federal, and much more!!!
Simultaneous interpretation is a highly specialized area of interpreting, which not only requires accurate and complete oral interpretation, but also the interpreter must interpret at the same rate of speech of the speaker, with only a few seconds of lag time, therefore requires a lot of concentration and usually requires a “team of interpreters” for any assignments over 2 hours.
Many organizations and companies think that Simultaneous or Conference interpreters are high priced, and yes they are.
Throughout my years in business, I’ve met a few “Court Certified Interpreters” who have years of experience working ONLY as Court Interpreters but have NEVER worked as Simultaneous Interpreter, moreover, they have never used the specialized interpreting equipment.
So, my point is: When you are in need of a Qualified, Experienced, Simultaneous interpreter for your event – make sure that you provide the agency, or the interpreter as much information about your event, so that they can be prepared and/or locate an interpreter experienced in this mode of interpretation, because again…
“Just because you speak a second language, does NOT mean you can become a Professional Interpreter” and “Just because you contract a Court, Medical or Administrative Certified Interpreter” DOES NOT MEAN they can interpret in all modes of interpretation or all industries!
Well, you are now my best bud 🙂 Great Job in wanting to be successful!
As you may already know, you can be successful in anything you do, as long as you work hard, you are dedicated, you have passion, you have motivation…But here are some things to ponder:
You decide when you want to work
You decide what jobs to take
You decide how many hours to work
You decide how much you want to make
You can do the work that you love
You may earn more than what you currently earn
You are your own boss
Your work may not be consistent
You may have to work 50+ hours per week
Your life can and will be mixed with your personal life
Waiting 30+ days to get paid
You will NOT have benefits, health insurance, etc…
You will have to wear many hats; accounting, administrator, sales and marketing, publisher, content writer, etc…
You will NOT be able to earn any cash until you actually find work and you may not receive your first payment for 60 days…
So just like anything you decide to do, you have to be serious, dedicated and NEVER GIVE UP!!! It will all pay off and the rewards will be GREAT!!!
I started my business 16+ years ago from the ground up, with no help but my husband and my kids. I made mistakes, I got frustrated, I got discouraged, it was stressful and painful, but I’m very thankful that I NEVER GAVE UP and kept on going…
Let me tell you, that #freelancing WILL GIVE YOU a lot of beneficial benefits that a normal job will not and a life that you will enjoy and love along with your family!
You will have the freedom to work whenever, from wherever you want. I myself have been able to travel with my kids and husband and in my downtime, I’m still able to do #translations as long as I have WiFi
The best thing about being #selfemployed #freelancer #entrepreneur is that you can start your #business TODAY!!! Remember: you will be working for yourself, you will be making money for you and your family and not someone else’s!
Being your own boss takes very little investment a lot of things you can do yourself; online marketing, email marketing, flyers, etc…
You will decide who you want to work with when you want to work and how much you want to make! Remember: being self-employed, freelancer, an entrepreneur is not easy!!!
So, if you want an easy option then this is not for you!
Ask me how to start your own business and on your way to being your own boss!