Why Freelancing Is A Growing Industry

American

Freelancing is a growing industry for good reason. It is estimated that about 55 million Americans are freelancers and it has been projected that by 2020, 50% of the workforce might be freelancing in some capacity. With the rise of new technologies through mobile devices, there has been more opportunities for freelancers than ever before and millennials are jumping on the bandwagon quickly.Young people who are looking to find a job are using technology to help ensure they aren’t stuck waiting and falling into unemployment. They are seeking work out on a number of platforms and creating their own job opportunities through freelancing. Side hustles or whatever you want to call it are becoming they way millennials are employing themselves.

The Flexibility of Freelancing

For awhile now it seems that there has been a lot of attention in the news about how millennials are having a hard time finding the jobs that they are passionate about, while dealing with mountains of student debt. They don’t want to move from urban areas for a job and have been having a hard time reconciling their wants and needs giving rise to the impression that they are spoiled, entitled and without a concept of reality. Freelancing allows them to do exactly all that. There are many ways now in which someone can use all of their different skills and take on multiple contracts at different companies, creating a full time employment position all while working from home. All you need is some mobile devices, like a good laptop, be relatively tech savvy (to make the most of all the apps available to freelancers) and you can find work, and there is work to be found.

Freelancing Offers More Full Time Options Than Contract Work

For sometime now, companies have been using contract work as a more cost efficient way of running their business. Taking on a full time employee is a big investment, but a contract worker is not, if they work out well then you can offer a full time position, but only after you feel that the contractor is a good fit. It's smart business. The problem with contract work is that the contract workers feel as though they can not plan for their future. As a full time freelancer you can take on multiple contracts and take more of the control back, setting your own terms such as your pay and work hours. Freelancing is a happy medium that gives workers consistency and companies the cost efficient benefits of not hiring a full time employee. It's a win win situation.

Freelancing Offers Work Life Balance

Freelancing also helps create a great work life balance. From the mom that wants to spend more time with her kids, to the 26 year old that is just straight up not a morning person, freelancing offers flexibility. There is no shortage of ways to virtually connect with a company and feel part of a team when need be and there are no shortage of freelance sites that are loaded with contracts that freelancers can pick and choose from that fit their skill sets.

Freelancers Are The New Solopreneurs

Much like an entrepreneur, freelancers need to be self reliant, the security of having a full time job with benefits and a pension is becoming a rarity but the benefits of controlling what you work on when you want is even better.

It's no wonder that this industry is seeing such growth. For more information on freelancing, check out our blog posts and sign up to Sage Groupy today.

Author: Tatiana Rivers- Freelance Blogger for Tati Rivs Social Media Marketing

Source:Freelancers Union “53 million” report.

American

Posted in News on May 08, 2017

Follow Sagegroupy

    Recent Posts

  • Get and Keep Clients Onboard with these 5 Steps

    Posted in Freelancing Tips, Business Tips on Sep 21, 2018

    A solid onboard process and package can save you time and help you screen out projects that do not fit within your business parameters. Even though each project is unique, you can create a process that will give each of your clients the necessary information about working with you and enable you to gather important information from them. We've narrowed down the process of getting and keeping clients onboard to 5 easy steps that can be adapted for any freelance business.

  • Promote Yourself as a Freelancer

    Posted in Freelancing For Beginners, Freelancing Tips on Sep 14, 2018

    One of the most important things you can do in order to attract clients and get yourself hired as a newly-minted or seasoned freelancer is to promote yourself. If you have the skills clients need, they will hire you - but only if they can find you first! Here are some tips you can use to promote your business.

  • Youtube Channels for Freelancers

    Posted in Resources on Sep 07, 2018

    Youtube is a great place for solopreneurs to find inspiration, motivation and lessons on developing the skills you need to grow your own business. We've rounded some of the best channels to guide you on your path to success as a freelancer.

  • Building Routines for Success: Part 4

    Posted in Freelancing Tips, Business Tips on Aug 27, 2018

    Productivity is just as important for freelancers as it is for people who work in traditional office environments, the only difference is that there is no one to hold the freelancer accountable. It takes time and work to build a good reputation for yourself as a reliable freelancer, but it will only take one or two missed deadlines to lose that reputation. In the final post of our Building Routines for Success series, we’re going to help you build a daily routine so you never miss a deadline and can keep your business running smoothly.

  • Building Routines for Success: Part 3

    Posted in Freelancing Tips, Business Tips on Aug 20, 2018

    Regardless of your work style, having a weekly routine can help you stay on top of all the projects you are working on, and help you remember to do all the little things you need to do to keep your business running smoothly. In the third part of our Building Routines for Success series we offer a weekly routine to keep your schedule organized and keep your business on track.

  • Building Routines for Success: Part 2

    Posted in Freelancing Tips, Business Tips on Aug 13, 2018

    One of the biggest complaints that clients have when working with freelancers is that they do not deliver work on time. If you want to be a successful freelancer you need to be organized enough to never miss a deadline. In the second part of this SageGroupy series on building routines, we offer a simple monthly routine to help you keep your business on track and thriving.

  • Building Routines for Success: Part 1

    Posted in Freelancing Tips, Business Tips on Aug 06, 2018

    When you are a one-person operation, fostering the growth of your business and making sure everything is running smoothly can seem like a daunting task. This is when a few simple routines can come into play and help you keep track of how you and your business are doing. In the first part of the SageGroupy series on routines, we offer a simple yearly routine to help you keep your business on track and thriving.

  • How to Get Started as a Freelance Social Media Manager

    Posted in Freelancing For Beginners, Freelancing Tips on Jul 27, 2018

    As the demands associated with online marketing become greater and harder to meet, businesses are increasingly turning to Social Media Managers to help them boost their online presence and reach their target audiences. If you think that social media management sounds like the right profession for you, here are some steps you can take to become the next in-demand Social Media Manager.

  • A Step by Step Guide to Creating your Brand

    Posted in Freelancing Tips, Business Tips on Jul 20, 2018

    If you want to move beyond being a work-for-hire run-of-the-mill freelancer and become a stand-out solopreneur, then it is time to turn yourself into a brand. A memorable brand will help you get noticed and help potential clients remember you and what you can do for them. So how can you build a successful brand? Follow these steps to move beyond being a basic freelancer into becoming successful solopreneur.

  • 10 Apps to Boost Your Online Presence

    Posted in Resources, Freelancing Tips, Business Tips on Jul 13, 2018

    Cultivating a stellar social media presence can be very demanding. Luckily there are apps to help your brand stay active on social media and get the attention it needs. We've rounded-up 10 apps that will help you boost your online presence.


Tags


Comments

Please sign in to comment!