freelancing be your own boss for kingdom.pptx

freelancing be your own boss for kingdom.pptx

1. BE YOUR OWN BOSS. introduction to freelancing

2. What we’ll cover today What is freelancing? Why freelance? What should you freelance in? Starting smart Finding clients? Your freelance strategy

3. * What do we mean by ‘freelancing’? Characteristics of ‘freelancing’ Self-employed Service driven business Solopreneur ( ie ; a one person show)

4. * What do we mean by ‘freelancing’? Types of freelancers Professionals Diversified workers Contractors Micro-firms

5. Why freelance? Freelancing & the Future of Work The economy needs more freelancers Societal values towards ‘work’ are shifting Businesses prefer to hire freelancers Portfolio careers will become the new normal. Technology is bridging the flexible working gap. The skills a freelancer learns are synonymous with those needed in the future of work (‘knowledge worker’ vs ‘creative worker’)

6. Why freelance? Below are just some of the most common reasons for freelancing Work remotely Do more purposeful work Gain professional experience More capacity to work on other hobbies and passions Go back to study Control your professional destiny Take professional development into your own hands Create a start-up Start or spend more time with the family Spend more 5me with family or kids

7. PROFESSIONAL INDEPENDENCE Which is the ability to influence when you work, where you work, how you work, what you work on and with whom you work with. Freelancing essentially comes down to one fundamental thing…..

8. Different pathways: employee, entrepreneur, freelancer…

9. The Top 10 Fastest Growing Freelance Markets in The World

10. What should you freelance in?

11. WHAT ARE THE REQUIRED SKILLS? Many skills and specializations are available for freelancing work.

12. WHAT ARE THE REQUIRED SKILLS? Sample unusual simple jobs! Upwork™ Quarterly Trends Report: Q4 2017

13. What should you freelance in? How do you know what the market needs? Leverage your own domain expertise Research industry reports, blogs, articles etc Talk to somebody in the industry. Consult a recruiter Go to ‘Technological’ events Put it to the test it. Pitch your services to potential clients and see if people actually need what you’re offering (freelance marketplaces are great for this)

14. What should you freelance in?

15. Starting Smart Build a buffer Depending on your tolerance for risk, it helps to create a financial buffer of anywhere between 3-6 months before you transition into a freelance career.

16. Starting Smart Map a pathway Pathways are your roadmap from where you are now to where you want to go as a freelancer. Eg : As a Full-time employee, you can moonlight on the side until you have found two or three well paying clients, and only then transition away from full-time employment. The other alterna5ve is to start working part-5me and freelance part-5me un5l the freelancing earns enough to support you full-5me.

17. Starting Smart Build support networks early and join communities to make the transition easier Social & emotional support Financial support (if possible) Educational support ( eg : up-skilling) Business support ( eg : mentoring, marketing advice)

18. Finding Clients Common sources of finding freelance work. Existing personal networks Industry recruiters Networking events Content marketing Freelance Marketplaces Referrals Job boards Social networks Volunteering Prospecting / Outbound Advertising

19. Freelance Marketplaces Global marketplaces Freelancer www.freelancer.com Elance www.elance.com Upwork www.upwork.com People Per Hour www.peopleperhour.com Toptal www.toptal.com (Web developers / programmers) Fiverr.com www.fiverr.com

20. Portfolios As a freelancer, your time and testimonials are the currencies you play with. A collection of testimonials with associated samples of work make up your portfolio. Your capacity to earn and find future work depends on the quality of your portfolio.

21. Where to display a portfolio Social networks (LinkedIn is a key one) Personal website about.me Squarespace Community/Industry credible websites GitHub (developers) Content.ly (content producers) Behance / Dribble (designers) DeviantArt (artists/designers) Print (where relevant)

22. Your Freelance Strategy What transition pathway should you take? Which people or communities can you turn to guide and support your freelance career transition? (financial, emotional, practical) Where are you now and what type of freelancer do you want to be in twelve months time? – Professional, Moonlighter, Contractor, Micro-firm, Diversified etc What are your top three reasons to freelance? Write them down. How big of a cash-flow buffer do you think you will need to get started? One month? Six months?

23. Your Freelance Strategy What skills or areas of expertise do you have that are either currently in demand or you can test the demand for? Which of these skills or areas of expertise which most excites you? What opportunities exist to build on these skills ( ie ; what new skills can you learn or new industries you can move into to guide you to becoming more valuable to the marketplace?

24. Your Freelance Strategy What are your best three examples of work you could use to start building out your portfolio? What three places can you set up or promote your portfolio? What three new freelance job sources could you start reaching out to TODAY to see if there are freelance opportunities available?

25. FREELANCING PROCESS (HOW IT WORKS?) You need to create a freelancer profile on one of online freelancing websites, and add your skills. Search for posted projects that fits your skills and apply to it and write a good proposal (bidding /time and cost quotation). The employer (project owner), will review the applicants, review their profiles, and shortlist some of them for online interview, and provide a final offer. If the employer accepted your offer, he’ll start the project on the website (will hire you), and notify you to start working. After finishing the project, the employer will close the project, and transfer the agreed cost to you. Freelancing website will ask the employer to evaluate your commitment and professionalism, and also will ask you to evaluate the employer.

26. FREELANCING PROCESS (HOW IT WORKS?) Project cost estimation: Hourly based: estimate the work hours in the project, and define a rate for your man-hour cost. Fixed-price: estimate and fixed price for the whole project. Money withdrawal from your account: Payoneer . Skrill. Wire (Direct) transfer.

27. FREELANCING PROCESS (HOW IT WORKS?) Freelancing website guarantee all agreements between the client and freelancer. For example, with Upwork Fixed-Price Protection, clients making fixedprice offers deposit a milestone payment into escrow before work begins. Upon receiving and approving the work, payment is released to the freelancer. On hourly-based projects, an hour worked is an hour paid, and an hour paid is an hour worked. For every hourly contract, clients can confirm work was completed by checking their freelancer's Work Diary to see work-in-progress snapshots and pay only for work done. Freelancing website will deduct its fees from your payments (almost 10- 20% of payment, differs from website to another)

28. NON-TRADITIONAL PATHWAYS FOR WORK Freelancing Freelancing websites (Upwork, Fiverr, Freelancer,…) Other ways to make money online Selling your designs, themes, scripts or plugins on Marketplace, themes and plugins websites ( Envato , Themeforest ,…). Making online courses on online learning platforms (Udemy, Skillshare ,…) Making money from Google Adsense on your website, blog or YouTube channel.