The DARK Side of Freelancing

Discussion in 'General Programming Chat' started by Reem khan, Dec 7, 2017.

  1. Reem khan

    Reem khan Jr. VIP Jr. VIP

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    I am a huge advocate of Freelancing not just because this saved me when I shut down my very first business but this, of course, is the future. (I would be sharing that story some other day.)

    Freelancing is not for everyone. This is more challenging then you have been told. This is not easy money. The ever-changing world of emerging technologies makes it even hard.

    The purpose of this post is not to discourage you but make you aware of some of the top challenges you should be prepared for.

    Let's discuss:

    - Forget the difference between day and night, you have to deliver your work on time. It can't be automated and needs a lot of legwork. It's not for lazy asses.

    - Your income is directly proportional to the number of hours you’re working. The number of hours is fixed, unfortunately, so you have to increase the amount (keeping the quality constant) per hour but that also comes with a limit.

    - You are NOT your own boss but going to have multiple clients (read bosses) and juggling with them. Have patience and strong communication skills or be willing to learn.

    - You need to be a one-man army and suppose to manage anything and everything including Business Development, Client Relationship, Invoicing & Signing Contracts, Keeping track of taxes, and Personal Branding. Get ready to wear a lot of hats and be very disciplined.

    - No job security, no paid vacations, no health insurance, no employer benefits, no unemployment benefits, no paternity leave, and no paid time off. Earn enough to pay for everything yourself.

    - ROI which rises and falls "like a bipolar". The bucks stop with you and you have to hustle 24/7 for new gigs at times. Freelancers have to be very disciplined to keep the balance of business development and working on the projects.

    - As a full-time freelancer, you need to keep an eye on emerging trends and have the ability to quickly figure out which trends would benefit your freelance business the most.

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  2. TechEinstien

    TechEinstien Jr. VIP Jr. VIP

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    point is that you have to work smartly.
     
  3. INS2014

    INS2014 Jr. VIP Jr. VIP

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    I agree with this, handling multiple clients is not that easy but you can manage if you don't lose temper and have enough tolerance
     
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  4. payal23j

    payal23j Jr. VIP Jr. VIP

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    That's true. Keep your temper beside you and work then see where you are and your solutions will come automatically.
     
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  5. Asif WILSON Khan

    Asif WILSON Khan OG Blue Tick Exec VIP Jr. VIP

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  6. payal23j

    payal23j Jr. VIP Jr. VIP

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    Yes I have already suggested.
     
  7. W9go

    W9go Jr. VIP Jr. VIP

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    don't really get the point of your post ........ if you don't like it then you have to work as an employee somewhere.

    i think its a good way of income especially for people in low paying countries ... in many places, you earn 200$ a month working many hours. no chance if increasing it much or make a good life.......
     
  8. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    Thread moved to the proper place.
     
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