Who are freelancers?
Simply we can say they are freelancers who perform their jobs independently or who are self-employed. Freelancers are totally independent. A freelancer is someone who does his job under multiple clients and earns money per job or task basis. They sell their services to their clients. Freelancers may work part-time or full-time depending on their clients. They have permission to perform their task in their own way. Generally, freelancers have to agree to a predetermined price or fee as per their client's or employer's requirements. Fees or prices may vary it could be fixed price or hourly price or day price.
Types of Freelancers
There are different types of freelancers some work in creative, skilled, or service sectors. For instance film, art design, movie director, journalism, music, acting, consulting, independent financial consultant or financial adviser, tourism, event planning, photography, tutoring, catering, computer programmer, web developer, graphics designer, SEO expert etc. As my blog is related to tech and make money online blog so I will focus on online marketplace freelancers. I have just included film, art design, movie director, journalism, music, acting, consulting, independent financial consultant or financial adviser those categories for understanding the definition of freelancers.
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Who are freelancers in business?
Selling services or skills to employers or clients is a business. So freelancers are also business people. I mentioned some professions above and all of them provide services and sell their own skills to a specific company or to their clients. So in a word, we can say they are freelancers in business.
Who Are Considered Freelancers?
The film, art design, movie
director, journalism, music, acting, consulting, independent financial
consultant or financial adviser, insurance advisor, tourism, event planning,
photography, tutoring, catering, computer programmer, web developer, graphics
designer, SEO expert etc. categories are considered freelancers. If they perform
their job independently rather than employed by a company in a fixed
traditional job time period. Traditional job time means 9 to 5 hours of office
time.
Are Freelancers Entrepreneurs
It actually depends on their
working criteria. In my opinion, there are differences and also similarities between
Freelancers and Entrepreneurs.
- Both are self-employed and independent.
- They are not employed by a company.
- They are free to work for their clients or employers.
- Both groups run their own businesses.
- They make money from their own business to scale up their business and set a goal to establish their business.
- They are competing for contracts on the open market.
- Freelancers and Entrepreneurs can freely choose their own working hours, when to take a break or when to take a break off a couple of days and even for a single week.
- They usually maintain optimal CRM with every client. Here CRM means Customer Relationship Management.
Differences between
Freelancers:
- Spending most of the time working with their clients.
- They generate money from their clients or employers.
- Sell their services or skills such as writing, editing, graphics design, Virtual Assistant, Web Design and Development that they are personally skilled.
- Most of the time they do their own clients' work by themselves and don’t need to outsource tasks.
- Freelancers are totally dependent on their client's work.
- Freelancers focus on winning consistent work and doing a great job that attracts repeat customers and new clients.
- A freelancer thinks his or her work is a business.
- A freelancer wants to grow their client base business.
- Every freelancer tends to build a long-term client relationships that might afford some securities.
- Some or majority of freelancers don’t go to the investment because they seem it is risky.
- A freelancer works day by day.
Entrepreneurs:
- Spending the majority of their time growing and scaling their business.
- They generate money from their own business.
- Sell services or products but don’t spend their whole time doing the day-to-day work of providing that services.
- Generally, they work for their own business.
- Entrepreneurs don’t rely upon their client's work.
- They have aims and goals to grow up their business to make potential profits, offer something different and sell on etc.
- An entrepreneur thinks his or her business is work.
- An entrepreneur invests money in essential resources to expand his or her business.
- An Entrepreneur tends to invest in their business gradually to set up their goal perfectly and in the future, they can get strong financial support and securities from their businesses.
- Entrepreneurs are always in investment otherwise they can’t run their businesses.
- A freelancer or employee works for entrepreneurs.
Who Pays Freelancers?
Freelancers generally work
for their clients or employers. So their clients pay freelancers for their
projects.
Final Verdict
In conclusion,
creating a freelance business is daunting, especially for those who don't have
a lot of experience with self-employment. However, the rewards of striking out
on your own are well worth the effort. If you're thinking about becoming a
freelancer, start by asking yourself the following questions: do you have a
learning, practicing, and hard-working mentality? And the most important is
that do you have enough patience? As the gig economy continues to grow, the
demand for freelancers is expected to rise, making it an exciting time for
those looking to pursue a career in freelancing.
N.B : Please don't forget to leave a comment.
3Comments
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