Can someone become a millionaire by doing freelance work?
34-year-olds earn 180,000 euros a year as a freelancer - these are her tips
I've always dreamed of having a great career. I knew that if I worked hard enough, one day my name would be on the door of my own corner office in a beautiful big city skyscraper.
When I was 31, however, I found myself in a job that I hated. I felt like I was underpaid, overworked, badly treated, disregarded and my creativity was stifled.
So I went to my boss's office on a rainy April morning and told her I was leaving. I wanted to achieve the success I wanted so badly - on my own terms.
Today I am a full-time freelance graphic designer. I make around $ 200,000 a year and work from my own corner office in downtown Miami, Florida.
Although freelance work is perceived more and more positively because more and more people work like this, I see that there are still a lot of misunderstandings around this career path.
Here I have collected and refuted a few myths that I feel are particularly common. I also wrote down how my freelance work has helped me achieve a career that I could never have had with a conventional employer.
Misconception 1: "Freelance work is insecure and there are many uncertainties."
My income is much more stable than that of a conventional nine-to-five worker.
Every day people lose their jobs due to circumstances over which they have no control - recessions, restructuring, or simply being on the wrong side of bad office politics. Even if you haven't had to experience this yourself, I'm sure you know someone who this happened to. It breaks your heart.
If you have an "ordinary" job, your employer has your fate in their hands. It's like putting everything on one card. I, in turn, have various sources of income and nobody but me has my fate in their hands. I've completed several large assignments and I know what to expect each month.
Read also: A € 13 part-time job gave me a great career that I never expected
In the worst case, if I lose an order, I just replace it with a new one. Who knows, maybe my new assignment will involve a larger budget and more hours of work. As a freelancer you have endless career opportunities.
Misconception 2: "You can't make enough money to make a living."
As an employee, I made about $ 75,000 a year and rarely got a raise. The last time I was employed, I was told I would have to wait years before considering a raise.
Today, I earn an average of about 178,000 euros ($ 200,000) a year and notice my salary growing steadily and consistently.
And I'm not alone with that - according to new information from Upwork and Freelancers Union, 82 percent of freelancers state that they earn more than colleagues with the same or similar experience in the same industry.
Customers want quality and are willing to pay for it. A professional freelance graphic designer can ask for rates of around 178 euros ($ 200) an hour (or more!).
Misconception 3: "Freelance work is a fad"
Freelance work is not a fad. As a freelancer, you run your own small business. And I have no intention of ever going back to an "ordinary job".
Like many other freelancers and small business owners, I am proud of my career - and believe me, once you've experienced freedom, there's no going back.
According to the study mentioned above, 76 percent of freelancers said they feel happier than they used to in their usual job. What is more, 54 percent said there would be no amount of money for them to return to an ordinary job.
After all, who wouldn't prefer to set their own hours and salaries while being their own boss?
The number of full-time freelancers in the US has increased 11 percent over the past five years. More than 3.7 million U.S. workers choose this nontraditional career path.
Nowadays I work regularly with nationally recognized customers. They include the CDC Foundation (CDCF), Kimberly-Clark, and the US National Library of Medicine (NLM). I am convinced that I would never have had such opportunities if I had continued to work as an employee.
Also read: You should ask yourself 5 questions before you quit your job, says a recruiter
And the fact that more and more well-known companies and organizations are trying to add freelancers to their workforce suggests that freelancing is more than a fad. Instead, it will stay.
If you feel like you're stuck right now and considering taking the step into freelance work, don't wait like I did. Do your research, improve your skills, and use every tool available to you. Go out and see what happens.
Remember, nothing worthwhile is easy to come by - but with hard work and dedication, it is perfectly possible to be successful. Freedom awaits you.
This article has been translated from English. You can find the original here.
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