Top 10 Advantages of Freelancing

by on August 23, 2010

in Freelancing

Freelancing is very small portion of my total monthly revenue and yet I do not prefer to give up on freelancing because it has many advantages and so today we will discus on the advantages of freelancing.

1. More Control over Things

I decide what work I want to do, when, how and at what price. See it for yourself here. I can set my own working hours and the day I am not willing to work becomes my weekend.

2. More Money

The more I work the more I earn and so I control my own profit and loss but if you are working for your employer it is your duty to work more for the same pay and still get the feedback of ways to improve yourself.

3. Can’t fire yourself

If you lose your job it’s a big task to pick up a new job. As a freelancer you have multiple projects going at any given point of time and so if one goes down it’s not as big a deal because you don’t have all your eggs in one basket.

4. Raise

You don’t have to wait for a year long to get a raise and you can give yourself raise just about any time. If you feel you’re worth more money per hour, just up your quote for next work. In the first 8 months of my freelancing I doubled my pricing in 3 small tranches.

5. Atmosphere

I am 100% sure my current sitting system (on my bed) is not as good as my last employer (Lexmark) but still the atmosphere is far better now and this allows me to work more efficiently and allows me more time for myself and for my family.

6. Working Vacations

There is no rule that says you can’t take your laptop with you and work during your vacation. You can be on the beach of Bahamas and still work for yourself (if you can work BTW).

7. No Bonds

You don’t need to make an upfront commitment on how many more months you will work at the same place and at the same price without any demand from your end.

8. Saving on Expenses

With the cost of travelling going up day by day, it is becoming a real savings to stay at home. Apart from that if you work from your home you’re probably going to be eating lunch at home every day saving you lot of money daily and even protecting your health.

9. Get Paid For Learning

If you want to learn something new in an area where your employer doesn’t work, then you know how hard it is to pick up a new skill when you have to do it all on your own in your own free time. As a freelancer you still have to learn it on your own time but at least you can look for clients who need your new partly learned skills and even pay you for becoming a pro.

10. I can Say NO

I intentionally kept this point last but this is by far the best advantage of freelancing, you can say NO to your client but you can’t really tell your project manager that you don’t want to work on something. I get lot of offers which I think I cannot take up due to my other commitments and so I just say no thank you to them.

What Else?

Can you think of anything else? I’d love to hear it from you. Share your thoughts in comments below.

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Further Reading:

  1. Top 5 Disadvantages of Freelancing
  2. Why I Make $10,000 Doing Freelancing And Now You Can Too
  3. Freelancing in India
  4. Top 5 Ways to Turbo Charge Your Freelancing Career

{ 2 comments… read them below or add one }

Freelance Jobs August 24, 2010 at 1:12 am

The advantages of freelancing are so inviting. I mean, who wouldn't want to get away from their nagging bosses, and work in their PJ's and bunny sandals? But the best benefit that there is for me is that it gives me more time to spend quality time with my daughter.

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Shabbir Bhimani August 24, 2010 at 6:03 am

I totally agree on it

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