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How Much Money Can You Earn as a Freelancer?

Updated on January 25, 2013

This question is probably asked about ten times each and every day. Many people are concerned if they can make a decent living with all the trimmings and others are curious if it will be worth it for them in the long run. However, there is no definite answer to this question, basically you work when you want, how much you want, and charge what you believe you are worth.

In order to make the most out of your freelancing career you need to possess two things; marketable skill and know how to market yourself.

Marketable Skill

Before you decide to jump into the freelancing world you will need a marketable skill. Not all skills can be translated well into the freelancing world.

The best types of skills that can easily be transitioned into the freelancing world is writers, designers, programmers, photographers, and other creative skills. Also take note these will be most common jobs you will find when looking for work.

For instance, nursing and a bank teller would not be a transition well into the freelancing world. The reason that is because you will need to be at a specific place during a certain time in order to get the job done, so the best thing to do is try and think outside of the box and see what you can do at home, but still in the field of work that you want to be in. For instance, becoming a freelance hairstylist is a good field to get into because people will always need their hair done no matter what.

Just because you have a marketable skill does not mean you will succeed at freelancing. Actually many people fail at it because they do not know how to market themselves.

Marketing Savvy

Not only do you have to have a marketable skill, but you must know how to go about marketing yourself and skill. This can become a huge obstacle for many individuals that do not quite know the ropes of the freelancing world.

As many know when working in the outside world, the company brings the clients to you, so you never have to develop any marketing skills; however, freelancing you have to develop marketing skills, so you can bring the clients to yourself.

Just because you are the best writer, programmer, or bookkeeper around does not mean anything. If you do not know how to market yourself correctly you will not succeed at all, at least as a freelancer. You need to start thinking of ways to bring the clients to you. This may be hard at first, but after a while it will be a cake walk.

So what is your earnings potential as a freelancer?

As you can probably tell just by what little you know; the earning potential as a freelancer is up to you. Yes, it is entirely up to you. If you want to make this your full-time income or even surpass that you can easily do that. Yes, it will take some work, but in the end being your own boss, working from your own home, and working your own hours will be well worth it.

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    • passionate77 profile image

      passionate77 4 years ago

      nice info thanks for sharing abyas. for those newbies who just thinking of starting their career as a freelancer, its a good info at the starting point. thanks for sharing, stay blessed!