An online business is one of the best ways to earn more nowadays. Since almost everyone is present in the online world, having an online business lets you have a wide reach of your target market while saving on some of the operational expenses, such as rent and other facility costs.
The challenge is how you will make your business stand out from the vast and competitive online business market. This is where branding comes in.
The gig economy is continuously on the rise. According to Upwork, 57.3 million people freelance in the United States, and it is estimated that there will be 86.5 million freelancers by 2027. The pandemic has accelerated the growth of the gig economy. First, it has caused more employees to work from home, allowing them to take on freelance jobs. In addition, some full-time employees were put on indefinite leave or retrenched, pushing them to take on as many short-term employment opportunities to earn a living. Also, people who aim for work-life balance opted to join the gig economy. People who are fed up with the 9-5 work and want to gain more flexibility shifted to freelance work rather than a full-time job.
Have you ever thought of leaving your full-time corporate job to try freelancing?
There is an increasing demand for freelancers and more online opportunities are becoming available.
Taking a leap from your traditional job to go freelancing full-time may take a lot of risks so you have to understand its advantages and disadvantages.
Freelancing is rewarding but there is always the other side of the coin. Is freelancing for you? Check out challenges below and how you can overcome them.
Finding a client, especially if you’re a newbie, may be hard since competition around the world is tough. Not to mention there’s a number of countries who offer services at a more affordable cost. [Read more…]