Long gone are the days of lifetime employment with a single company and a gold watch at retirement. Today's workforce averages just a few years per job, and many are ditching traditional 9-5 roles for the gig economy. This flexible model lets you choose projects, locations, and schedules that suit your life. While being your own boss offers freedom, it demands discipline and savvy. Drawing from years of guiding freelancers, here's how to succeed.
Related: Tired of your day job? In search of freedom? The answer is YouEconomy
1. Embrace the advantages of independence.
In a traditional job, control over your work is limited. As a freelancer, you pick exciting projects, work from a café, or burn the midnight oil. This appeal drives growth: 34% of the U.S. workforce freelanced last year, projected to reach 43% by 2020. You'll dodge office illnesses, skip commutes—saving the average American's 26 minutes per trip—and boost health and productivity.
2. Own the responsibilities.
Success hinges on self-management. Key steps include:
Building a professional website and social media presence
Updating your portfolio regularly
Carrying business cards
Nurturing client relationships for referrals and repeat business
Drafting clear contracts on deadlines and payments
Delivering work on time to secure more opportunities
Additional duties:
Insurance: Cover your own health needs.
Taxes: Handle employment taxes and Social Security.
Retirement: Explore options without employer matches.
Related: YouEconomy: The movement changing the way we work and live
Explore the gig economy's challenges and benefits in the infographic below.
SOURCE: JOBVINE.COM