With the passage of time, the freelancing market is getting more significant day by day. Only in the US, the number of freelancers has reached over 55 million. So a question may arise in your mind that what are the perks of being a freelancer.
Well, freelancing does provide you various benefits and an edge over the traditional job. The biggest reason is that freelancing makes you happy in comparison to a conventional job. We asked a lot of freelancers about why they prefer freelancing, and the majority of them gave the following reasons:
Indeed, the biggest and the foremost reason for choosing to freelance for most freelancers is that it gives them flexibility. They can invest their time in projects according to their own will. They have full control and authority.
Freelancing allows you to work according to your own pace. Freelancers indeed have all the freedom to decide how many hours they want to work. You can work long hours if you like and take some time off from your work if you’re going to rest. All this is done without someone bossing around about it. So I guess flexibility justifies itself as the most fantastic perks of being a freelancer.
2. Rise in Productivity
Freelancers can increase their productivity by setting their work schedule when they are most productive. For some people, the morning time is the most productive hours. Such people can complete their tasks till lunchtime and have the rest of the time for other chores.
So the point is that freelancers can choose the time to complete their scheduled tasks while being most productive. By doing so, they can produce the highest quality work in a shorter time period. Therefore, when someone is productive, they can complete their tasks with better output and faster.
3. Have More Family Time
As a freelancer, you know that you can schedule your own work. So now you can attend those family gatherings without worrying about your office timings. Freelancing gives you the freedom to participate in your family gatherings and fulfil your family and social commitments whenever it is needed.
Since the majority of the freelancers work from home or their personal space, they can certainly have more time with their family. Even when you are working, you are close to your children and family at home.
4. Choosing Wide Variety of Projects
Another perk of being a freelancer is the ability or power to choose a wide variety of projects. Since they are their own bosses, they can choose to work on the type of projects they want to. No one is going to assign the tasks to them. For me, it is one of the best perks of being a freelancer.
This ability to choose their own projects makes freelancers happy. Especially those individuals who get bored quickly by doing similar tasks repeatedly can get the most out of it. Freelancers can choose to complete those projects which are most suitable depending on their skills.
When freelancers choose projects according to their own will, they produce outstanding results and get more confident. Therefore, they can compete in their own niche and can make their own mark in that field.
5. Higher Earning Potential
Rather than having a fixed income package from the standard package, freelancing allows you to have higher earning potential. Freelancers enjoy more financial freedom than full-time employees. They can choose the type of projects they want to work on by setting their own rates for each project.
Freelancers have the freedom to choose their own rates they are comfortable with. They can also decide about the projects to work on, as well as the rate at which they will complete that task and even the working hours all by themselves. All these are the benefits you get from being a freelancer.
6. Greater Exposure
For me, getting more exposure is the one of the biggest perks of being a freelancer. By opting for freelancing, you get more exposure in your career. Freelancers can choose to work on a wide variety of projects, which gives them more experience. This is not possible in traditional jobs where you usually work on similar projects for one company.
7. Better Work-Life Balance
Another edge that comes with freelancing is more stability and balance in your work and life. As we know that freelancers have more freedom in comparison to the full-time employees, they can better manage their work and life.
So freelancers can schedule their workload so that they can also accomplish the other tasks and activities in their lives. They can have more time for themselves. Therefore, they can have time to read their favorite book, do their work out, or have more time to fulfill their social commitments.
Finally, as everything has both pros and cons, so same is the case with freelancing. It gives you certain benefits and has the edge over conventional jobs, especially for free-spirited people. Freelancing provides you more exposure and experience and also a better work-life balance.