b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Contract Worker - Freelancing Experiences

Earning More Money in Less Time Does Happen

by Rico on July 26th, 2007

If you’ve read through my posts on What’s Great About Freelancing, you’ll know that I regularly insist freelancers can make more money in less time—or even with less work—than their corporate counterparts.

A former employer got me for a design project. We agreed on a pleasantly surprising price for my services.

Pleasantly surprising, when you realize that companies are willing to pay consultants and freelancers more than their own employees, in terms of hourly compensation.

To be fair, paying full-time staff per project instead on a monthly basis is a very expensive proposition, making it hard for a company to make a profit. But this reality also highlights another advantage for freelancers. Earning on a per-project basis can be very lucrative, especially if you devote enough hours to marketing your skills, looking for new clients, and getting things done.

And since a full-time freelancer has full control over their schedule, it’s possible to work as much as you want or need.

POSTED IN: Living as a Freelancer, On Freelancing, What's Great About Freelancing

4 opinions for Earning More Money in Less Time Does Happen

  • Vyoma
    Jul 26, 2007 at 9:09 am

    Yes indeed. These few days, it has been dawinging on me that freelancing can be quite lucrative if executed properly.

  • Rico
    Jul 26, 2007 at 11:06 am

    Yes, the key word being “properly.” :)

  • Alfa
    Jul 27, 2007 at 9:57 am

    Freelancing smartly is the way to go. But it’s easier said than done, of course. I hope you can share concrete ways to make this happen.

  • Rico
    Jul 27, 2007 at 10:03 am

    Balancing being concrete and appealing to most kinds of freelancers is also a bit tricky. Like you said, specific advice is needed, but it must apply to basically everybody.

Have an opinion? Leave a comment: