7 Tips to make money from home as a Freelancer

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Freelancing is becoming a latest trend, especially with the rise of remote jobs as the “new normal”.  In times of co-working spaces and remote jobs, freelance careers are enjoying growing popularity. But really, why should you take the step to become a freelancer? You may also be wondering how you can actually become a freelancer. Most importantly, how can you really make money from home through freelancing?

Good news!

You’re in the right place. Here’s what you stand to learn in this article:

Why choose freelancing?

The prospect of independence, flexibility, self-actualization, personal and professional development and good financial status are causing more and more people to choose freelancing. External factors such as the current labor market trends also speak for the step towards self-employment and favor the opportunities for aspiring freelancers.

How can I become a freelancer?

Are the signs good for freelancers and is it tempting to start your own business? Then go ahead! But before you head off on your adventure, take your time and take the first steps on how to become a freelancer.

Learn a High Level income Skill

If you want to start independently, you have to know what you can do.  Are you an online marketing specialist, writer, social media manager or PHP programmer? Do you have little or no professional experience?

Anyone can become a freelancer. Not only academic achievements count, but also experience or special knowledge that you have otherwise acquired. Of course, passion should also play a role here. If you wish to start learning of these skills, you can take advantage of online learning platforms like Udemy, Coursera, Edx, etc.

Discover your unique selling point

If you have a detailed picture of your skills and what the customers are looking for in your market, then define your unique selling proposition. Ask yourself:

  • What can you do better than anyone else?
  • What sets it apart from the other competitors so much that the customer should commission you with the project?
  • What does your perfect customer look like?
  • What makes you as an entrepreneur your customers’ favorite partner?

You should define these qualities with the set of skills that make you special. The more precisely you define them, the more precisely you can solve the problems of your potential customers.

 Get the required tools

The required tools to get you set for your freelance business include steady internet, steady power, and a smartphone or laptop. It is important to note that most of your clients are online, that’s why you need to have a steady internet. To also get ready for any eventualities such as power failure, you must have a means of steady power such as powerbanks. Depending on your skills, you must also get your required tools ready.

Now you are set to begin your freelancing business, these are some tips that can help you make money from the comfort of your home, as a freelancer.

7  Tips to make money from home as a freelancer.

1. Market your skills

Once you have defined yourself as a freelancer and identified potential markets and customers, it is time to market. In addition to active marketing “in real life”, i.e offline , it is just as important today to convince online . Build your own business profiles from available platforms; for example with a job network profile, your own website or your own social media page. You can also make e-fliers like the one below:

freelancer flier

Also, you can tweak your social media pages, to show that you are a freelancer. Take a look at my social media profiles below:

Make it as easy as possible for your potential customers to reach them. Position your contact details or at least an email address as present as possible. It is only when your clients meet you that you get to really earn money.

2. Create a financial plan

You should know create a financial plan to help you gain profit. For freelancers, profit means the income they get for offering their services. Therefore, it is important to know your charging rates; do you charge per hour or by the bulk of work? As a writer, do you charge per word or by the type of project? The following questions should therefore be answered for sound financial planning:

  • What is my hourly rate?
  • How many days can I work productively?
  • What are the costs?
  • How much must the profit be to finance my lifestyle?

These calculations can be made for different time periods. As a fresh freelancer, you may feel more secure with weekly planning. For example, if you hope to make 10,000 as weekly profit and you’re available to work for 10hours a week, your charge for 1 hour should be 1,000 naira. This has given you an insight on how to price your works. You can also check out for what your competitors are doing, and use ideas from them to learn how to price.

3.Sign up to freelance platforms

You can sign up to freelance platforms like freelancer.com, Upwork or Fiverr. Here’s how to register on freelancer.com:

  • Go to freelancer.com
  • Click on “Sign up”
  • Put in your email an create a password
  • Click on “Join Freelancer”
  • Create a username
  • Click “Next”
  • Click “I want to work”

Then you’re good to go!

4.Identify the right places to get your gigs

Apart from freelance platforms, you can also get clients from other sources such as, facebook groups, referrals, Nairaland etc. Most freelancers get their jobs from social media groups and Nairaland. Here’s how you can get started on Nairaland:

  • Go to nairaland.com and create an account.
  • Once you create an account, use the “Jobs/Vacancies” category to access freelance openings.

You can also use other categories related to your niche in getting job openings.

5. Apply for opportunities

As freelancers, you should not be satisfied with normal gigs you get from customers. You can also fatten your income by applying for paid opportunities. Such opportunities may come in form of guest contributions, reviews, and contests/competitions. Sites that pay for guest posts include Elite Personal Finance, Dame Magazine, etc. 

6.Get a dollar account.

Freelancing business can open you to foreign opportunities that will help you earn in dollars. That means more money for you! So it’s important that you get a domiciliary account, paypal account or even payoneer. These accounts help you receive money in foreign currencies. Click here to open a payoneer account.

7.Understand Freelance etiquette

It is important that you understand some etiquettes guiding successful freelancers which include building effective relationship with your clients, record keeping and knowing when to employ more hands. When you build good relationships with your clients, your referral rates become high and that means more money from you.

Also, when work gets overwhelming and you get to employ more hands, you must understand how to outsource some jobs to them, in a way that will benefit them and also earn you more money.

READ ALSOHow to Make Money Using Money; The Smart Guide. 

Now you see that you can also make money from home as a successful freelancer.

Mistakes to avoid as a freelancer.

Here are some mistakes that freelancers make, that you must avoid:

  1. Inconclusive discussion with your clients.
  2. Accepting every offer (understand that not all offers are for you)
  3. Failure to discuss method of payment, especially with foreign clients.
  4. Unhealthy relationship with clients
  5. Failure to keep record of works.

Conclusion

With freelancing, consistency is key. You may not be getting so much when you begin but as you continue, especially with these tips, you can be sure of earning more.  The good thing about freelancing is that you get to learn on the job; the more you work, the more you learn. Also, learning from past mistakes and being open to corrections helps you know more. With these entire processes put in place, you can make money from home as a freelancer.

 

 

 

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