Career is an important aspect of each adult these days. Everyone is very enthusiastic and motivated about achieving the best in their respective fields. People are focused on building strong resumes. With this trend, we realise the importance of having a skill-set of unique abilities which help you land the choicest of offers.
Therefore, in this post we try inculcate how freelancing can also help you with career diversification. Many of you may ask what diversification is. Well, it is nothing but safe-playing your risks by not linking them with each other. In essentiality it means “not keeping all your eggs in one basket”. I could go on and on about what it is and you should be doing it but let’s keep that for later.
When people try for better work choices, freelance is always overlooked and perceived as something for the thrill-seekers. This is mainly because of:
- Financial Insecurities
- No immediate brand value: you to work for it
- Uncertainty and high risk: People in general are risk – averse
- Lack of supporting Platforms (Well Truelancer is here now, isn’t it?)
- Unawareness: Many people still are not aware of what exactly freelancing is.
As far as our opinion is concerned freelancing is a sure-shot and full-proof way to diversify and make the most out of your skills. You see the most effective diversification of a person career must include the following courses of action:
- Generation of Multiple Income Streams
- Financial Independence
- Overall Satisfaction of Life
- Lesser Stress
- Optimum Achievement Stats
- Good Future Prospects
Diversification does not mean risk mitigation it means risk management. Let’s face it, if there would be no risks there would be not returns. The economic world is dominated by this fact and we should realise it too!
Off Course it does not mean that you just have to take leaps of faith. You have to work hard towards converting your risks into returns. In terms of your career, your genuine effort with freelancing can do wonders.
Here is how freelancing can help diversify your career
- No Certification Required
You do not need any professional qualification or certification to be a freelancer. You just need skills. You may be any expert when it comes to freelancing. You may be a writer, a musician, a lyricist, a graphic designer, a website developer, an accountant, an engineer and more.
Believe it or not freelancing is turning out hundreds of billions of dollars in Global GDP. Therefore, there is a demand of freelancing skills in a wide variety of sectors.
More and More Indians are freelancing everyday (see the numbers). Given our more risk-averse nature, this certainly means that there is good demand-supply equation in the Indian market for freelancers as the transactions between clients and these people are many.
- No Investment Required
You literally just need a laptop, internet connection and your skills to be a freelancer. No office required no costs and nothing. This is great when it comes to people who are looking to do something but do not want it to cost that much. Well, freelancing does not involve any costs.
The only times you will be paying is when the freelance platform you use charges its commission on payments. (This is not a lot anyway)
- Highest Possibility of multiple Income Channels
You can work on multiple projects at once if you are a full-time freelancer. This means that you have the real chance of generating direct multiple streams of income.
Even for part-time freelancer who can take only one project at a time the number of income streams becomes two: one from the steady job and one from the freelance project.
High-end freelancers who have been freelancing it for years develop robust outsourcing channels so that they can earn simply on the brand they have created and also provide good work for freelancers who are new to the atmosphere. This way the structure of the freelance economy is much interconnected and offers good prospects for all levels.
- Networking Benefits and Personal Branding
Believe it or not but money and finance are not the key drivers of freelance. The main USP in freelancing is the networking you get. If you ask those freelancers who have been working for some time now, they will confirm this fact.
The more projects you take, the more clients you meet. This means that over time your connections will include a large pool of potential employers who already know that you’re the guy for a specific job.
If you look at some of the freelancer interviews we posted a while back on our blog, you will see that these successful people were not driven by financial causes. Instead, they established good networks which led to good money and a regular stream of work.
- Global Opportunities
If you have seen our previous posts where we compared freelance economies, then you will see that the sector with maximum global opportunities in India is freelancing.
We also saw that there was a trademark shift in the ideology of the Indian Workforce and how more and more of them are turning into part-timers and digipreneurs.
Today, more and more people are taking up freelance as a potent weapon for career diversification. The economy is poised to boom in the next few years and the freelance market is bullish. I believe and we at Truelancer believe that it is time for you to take the plunge and make the most out of your skills and expertise.
Thus, through this post we try and implore you to think about the real opportunities freelancing holds for all kinds of professional skills. Numerous people are taking smart steps in their career as is evident by the freelancing activity in our website which increases day-by-day.
Therefore, it is time to start planning and getting the wheels in motion. Because, trust us, there has been a better time in the Economy to make the most out of your skills and secure your future along with achieving all of your dreams.
A passionate Blogger and Digital Marketer