According to the experts, by 2020, half of the world’s workforce will comprise of freelancers. There are more opportunities available for freelancers today than there were few years ago, and it would appear that this is the best time to opt for a flexible lifestyle. Freelancers are making more money today than ever before.
Even businesses are looking at hiring freelancers as a way to cut costs and get quality work.
The net result? More people, both buyers, and sellers of services, are realizing that the freelance lifestyle is the future. We take a look at some of the reasons behind this change in people’s mindsets.
For starters, the Internet and social media have obviously played a huge role in allowing this. People anywhere can use the Internet to build projects that are meaningful to them. Instead of simply uploading their resume to a job portal, they can get creative with marketing themselves, using social media and other tools. Companies can also find talent much faster using the Internet than they would be using traditional hiring services. With websites like Upwork, Contentmart, Freelancer and so on, the outsourcing process has been made completely painless and even fun.
The growing availability of laptops, smart phones and the Internet also makes it possible for people to work from anywhere, anytime – something that was not possible for most of us a decade ago. Now, everyone we know has a smartphone, and they can use it to conduct work on the go. This means that the business world now has access to entire sets of skills that would not have been available before due to geographical distance.
Also, read Secrets of Professional Freelance Writers
Lower costs for employers
For employers, the benefits of working with freelancers are clear. Hiring freelancers means no more expensive recruitment and training processes, no employee overheads, faster hiring and greater flexibility. Freelancers can also offer specialized skills, as and when they are required. This is especially helpful for startups or for the people with specific work requirements, for example, which usually do not have the budget to pay expensive agencies for their services but need quality and quick work.
These benefits also mean that for freelancers—unlike what we might instinctively believe, the freelance life is not one of being broke and destitute. There’s money to be made, plenty of it. Freelancers also tend to hire other freelancers rather than outsourcing work to agencies, which means that the trend fuels itself.
Spending time on the things that matter
Another big reason for people to go the freelance route is that increasingly people want to live authentic, meaningful lives. They don’t want to spend their time slaving away at a job they hate (or waste time commuting long distances every day). They’d rather change careers or change their work mode, irrespective of their age or the financial hardships this may entail. Freelancing allows them greater freedom to take up projects that are important to them.
People also want to spend time with their loved ones and have the freedom to prioritize time with friends and family over their work routine. Freelancing gives them the flexibility to do so.
Freelance marketplaces online have reported an increase in the number of freelancers in the US, Europe and Australia. The freelance model clearly benefits both buyers and sellers, and is expected to become even more popular in the years to come.