Pros(Advantages) and Cons(Disadvantages) of Freelancing

The Advantages of Freelancing

Freelancing as an alternative to working from the same place every day is an alternative many people are probably looking to switch over to make a living. Usually, freelancing can give you plenty of freedom and independence from the potential decrease in income and it certainly seems to offer a lot more flexibility.

What are some advantages of freelancing?

Firstly, freelancing is cheaper than working at the same place every day. Many freelancers say that they spend more time freelancing than they did at their previous workplace, and on that, they can definitely attest to. Furthermore, freelancing lets you choose your own hours and work from different parts of the world. Working from various places lets you continue working even during a pandemic.

In short, freelancing is not just better for money. It’s also better for job security.

2. The freelance platform on which you are hiring the freelancer

Shane Parr — a Toronto-based freelancer — refers to the freelancing platform that you’re working on, calling it “The pitch”. From there, you can actually choose who you will hire, and when, and how much. And when you agree with the freelancer, you have total control over their work. Essentially, you pay the freelancer just when they are done with it. You see, the freelancer only works when you pay them, unlike the regular freelancer, who works when they are hired.

Your opinion isn’t taken into account on what your money pays. You don’t have to make sure the freelancer is consistent. He didn’t have to give you notice. You got your money in one transaction and when the freelancer did he could move on to the next client.

The Disadvantages of Freelancing

My wife and I became freelancers a little more than two years ago when our 9-year-old son got sick. After searching and finally getting the memo that freelancing is the new permanent future, it happened quicker than expected. My wife and I had different expectations before and after the jump, but the flip side was that in our minds, at least, neither one of us was "self-employed." We were freelancing together, which was, arguably, the current model. Our sense of freedom was pretty great, and the communication and collaboration between us were better than ever.

At one point, I thought freelancing for me was the greatest idea ever, and I was to do all the right things to avoid burnout, cost, and time suck (here and now) and for a new, more stable income stream than my previous freelancing job with a big company.

Fast forward a couple of years and I'm unemployed yet again. The 1s are multiplying and my new freelancing job with a foreign company doesn't look particularly steady. Let's leave my story here for now because I do have more positive thoughts to share, but let's discuss the major gripes of freelancing and two corrections that I made after four years in freelance if you have any to add.

Mistakes and Challenges of Freelancing

Mistakes. I'll admit it, my freelancing is occasional. And I feel every mistake is a crucial one at the start, or at the beginning when I decided to pursue freelancing. Lack of objective and objective elements. I'll repeat, this is a major difficulty of freelancing, and it often happens when freelancers don't provide objective inputs from certain people who have higher privilege than they do. No one is offended if freelancers give unsatisfactory opinions about a contract, customer, or job offer. In other words, a freelancer as a whole can dislike someone's bad idea, but they don't expect to be faulted. On the other hand, a freelancer who does not give as a final product only gripe -- even if it is a small problem. For example, the freelancer need not give anything after receiving a book from an author he was not interested in, because that there is no contract still in the library. Each freelancer must provide unbiased, objective input from high-earning and well-connected people, which is too common for freelance clients, especially if they have always been associated with freelancers. Opportunistic and opportunistic freelancers

The freelancer needs to become more focused, not just start with subjective input from high-earning and well-connected people. The example of freelancers not in the right business is not that difficult. Everyone understands that freelancing can be tough, even hard, and that it's crucial to create a good script and to implement it well, and make sense of it. Therefore, freelancers need to face intense difficulty, focus more on quality and not think of themselves as masters and businessmen. And this isn't about high income -- that isn't the real challenge of freelancing. Freelancing is a lifelong struggle.

I think this point that came to the light recently was more surprising than expected. No one expected such a devastating recession, even economists who predicted that freelance lay-offs would occur probably. Because my studio normally doesn't have that many clients. Freelancing can be very hard and entrepreneurs, it has an unlimited turnover. While freelancing usually comes with low set-up costs, it requires a lot of investment and support from freelancers for success. Workloads. Freelancing by freelancers needs a good amount of time. Every day is a multi-day battle. I don't just mean the language. Workloads vary a lot from one freelancer to another. Typical freelancer schedule: Tuesdays are rush days, Thursdays are day shifts, Fridays are the break, and Saturdays are leisure days. Monthly freelancer work, or as I called it, pay rise dates, are very flexible. You can't tell how much money you will get. In this case, freelance freelancers need support from employers. Unluckily for freelancers, most employers are not willing to give it.

Freelancing is a long-term struggle. I feel all those gripes are obvious to freelancers, right? Not so much. During those few years of freelancing, after I became self-employed, my budget ran on rail and I didn't have a good diet to chew it down. During two downturns, I seriously had trouble surviving and covering rent. Consequently, I ended up finding temporary work.

Because freelancing is more expensive, not many people in this country can do it. Jobs, school, health insurance, pension, retirement -- none of these could be interrupted. And if we want a more stable income stream, we need more positions to ease the pressure of freelancing.

Tell me in the comments