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The Beauty of Self Employment

There are still millions of people fighting hard to secure a 9-5 job, but there seems to be a more viable route that only a few are brave enough to take. Creating your own business is the most lucrative route and if you are deep thinker, you’ll see that it’s true.

 

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The reason why many people do not become self employed is because of the risks, challenges and downtimes one has to face before they can make enough to live on comfortably. They think that having a stable 9-5 is a safer way to make a living.

Those who think that way don’t realize that being employed can even be more risky than going self employed because you are putting the probability of you having a regular salary in the hands of others, rather than in your hands, if you look at it in a different way.

I know freelancing/self-employment is not for many people because it takes a lot of passion, perseverance, determination and hard work to sustain any business. Many can’t be bothered with all that and just settle for a regular job with a “guaranteed paycheck” and I understand that. But for those who are ready to take the self-employed or freelance route, here are some benefits you’ll get to experience.

  1. You get to determine your working hours

One of the first things you’ll experience from being self-employed is the large amount of time you’ll have to yourself. Unlike an office job, being self-employed gives you the opportunity to determine your working hours.

The more hours you put into your work, the more income you’ll receive. Since you’re more in control of your time, you get the opportunity to spend time with your family. Setting flexible working hours allows you to work, take part in family activities and enjoy precious moments.

  1. You can determine your level of income

At a 9-5 job you’re only entitled to a fixed salary which is your only source of income. Being self-employed gives you the opportunity to create multiple streams of income. For example, some probloggers have as many as 5-7 sources of income. They earn money from the ads placed on their blogs, sponsored posts, guest posts, product reviews, eBooks, they offer consultancy services, get hired to speak at events, and so on.

The more streams of income you create, the more money you’re able to earn. Freelancers make a good amount of money from passive income streams, so they make money even when they sleep. A wise man once said you an average wealthy person has at least 8 streams of income. How many streams of income do you have?

  1. You will know the true meaning of Freedom

This is something that working in an office will not give you. In a 9-5 you’re stuck within the 4 walls of an office. You have little freedom to work anywhere other than the office. When you’re self-employed you can work anywhere, anytime.

Thanks to the regular streams of income, you have the freedom to travel to different countries and are able to carry your business anywhere you are.

  1. You get to do what you love the most

The sad reality about a good number of employees is that they are working in a job that they hate. When you’re self-employed, you get the chance to build a business around something you love doing. You feel fulfilled with what you do and work no longer looks like work. Instead it’s loads of fun and you enjoy every minute of it.

 

Are you self-employed? How are you finding it?

 

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5 Things Not to Say to Someone Who Works from Home

Being a freelancer is not like working in any other 9-5 job.  As a freelancer, you’re not restricted to the 4 walls of an office space. You can work anywhere and at any time you want to.

Although there are about 1.4 million freelancers  in the UK, not many people can wrap their minds around how a person can work and make money from home. They all believe that a “real” job is one that has to be in the office. As a result, freelancers get looked down upon.

 

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If you’re not a freelancer and know someone who is, here are 5 things you should never tell a freelancer.

  1. “Freelancing is not a real job”

This is the first thing many people say to freelancers. The fact that someone works at home does not mean that they are not working. The home is just a space, an environment. Work is not defined by the place you’re doing the work.

The real work happens on the computer where the client’s projects are being attended to. They have to make sure that they offer the best services, they send emails, spend hours trying to do everything according to the specifications of the clients.

Freelancers spend hours trying to give the highest quality and put in their creative genius. They give advice and outline strategies to meet their client’s needs. So what they could have done in an office, they do it at home. What matters is that the work gets done.

  1. “Freelancing is easy”

A lot of people think that freelancing is easy. Just because freelancers carry their laptops and work anywhere, some people think that being a freelancer is just a breeze.

The truth is that there’s more to freelancing than meets the eye. Those who work from home do more than just deliver orders. They pitch to clients, post on social media, market their products and services, send emails, create products and maintain their blogs or websites. And most times they do all these tasks alone. Unlike an office job where you’re assigned to one specific task, freelancers have to do a lot of tasks to keep their businesses up and running.

  1. “It’s a waste of time”

Most people think that freelancers work from home only to be paid peanuts at the end of the day. That’s absolutely not true. Many freelancers are earning a good income. Many are earning even more than their employed counterparts and are on their way to growing a profitable and comfortable business.

 

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  1. “You’re only a freelancer because no one was willing to hire you”

This is a major misconception and I am not sure why. I will speak for myself and say being a freelancer was a lifestyle decision. I didn’t want to go back to the job I had prior to becoming a mum, and I wanted to stay home with my kids, so working from home was the only option for me. Working from home gives me that opportunity to dictate my own terms and live the life I want to live without being subject to anyone.

  1. “You can’t build a future with freelancing”

There are many people who made a great career working from home. Some have made millions from it. What some people don’t understand is that they believe that working in a 9-5 is the highest level you can achieve in life. But freelancers like me believe that running their business will give them the opportunity to earn more and build a lasting empire. The freelance life is also more stable unlike working in a 9-5 where you are worried about not getting a bonus or promotion, or afraid of getting fired!

 

Are you a freelancer or self-employed person? Feel free to rant in the comment section about annoying comments or questions people have asked you.

 

 

 

5 Ways to Make Money Online

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I’ve been into freelancing for some time now. I must say that it is quite a lucrative business. However, it does have its ups and downs.
I know that there are a lot of people who want to launch their online businesses. It makes me really happy to know that more and more people want to take control of their finances and embrace the laptop lifestyle – working from the comfort of their homes, or anywhere they decide to work from.
To open your eyes to the endless possibilities of making money online, I’ve put together a list of money-making avenues you can try your hands on. The good news is that you can combine a number of them to help increase your streams of income. I do all on this list except one, and I am considering venturing into that by 2017. Here they are:
Blogging
A blog is one of the most popular platforms on which you can make money online. The truth is that a blog on its own cannot generate money. It is what you set up on your blog or how you use your blog that will make money for you. And that is the reason many bloggers make lots of money from blogging, and many make nothing.

There are many ways you can make money from your blog. Some of the most popular are:
•    Selling advert spaces on your blog. You can give out certain portions on your blog to advertisers to advertise their products, services or events. You can also sign up to an ad network like Google Adsense or WordAds; they connect you to businesses whose ads you can run on your blog. This method usually requires to you have high traffic for it to give a considerable amount of income. I make a few dollars from my WordAds every month
•    Be an affiliate to products where you can share a link of the products on your blog and get a commission for every person who buys the product through your link. This is also another popular way of making money from your blog. There are many affiliate networks available and many bloggers make quite a huge amount from this but I am yet to make any significant amount from affiliate links. It is just a few dollars I make from this method.
•    Have a membership platform where your readers can pay a monthly or yearly fee to gain access to premium content that you don’t share on your blog.  This works for certain blogs.
•    Sell eBooks, courses or tools that your readers will find useful. You all know about my eBook – How to Cash In as a Blogger available on Amazon for £3.44 but free to read on Kindle Unlimited. I am yet to get rich on this book but it does bring some income.
•    Write sponsored posts for businesses that want you to write a piece about their product or service. I make majority of my blog income from sponsored posts.
Freelance Digital Public Relations (PR)
Freelance Digital PR professionals play the unique role of promoting businesses or creating publicity for their client’s brand or event. Freelance PRs are paid to write press releases, pitch letters and help network with the right people to help promote their clients through online media. If you have a marketing or PR background, good online networking circle or are good at making connections with people, and you are good at pitching and managing your time, then this is a great way of making money online and building a portfolio. Majority of my online income comes from here.
Freelance Writing
If you’re great at writing then freelancing writing may be the right way to go. Freelance writers are always in high demand as more and more people outsource content writing. I am on and off with my freelance writing, I have neglected that part of my online business for months. I am hoping to step up my game soon.
Sell items on eBay
If you’re interested in selling physical products, then this option may interest you. eBay is an “online shop” where you can sell almost anything – jewelry, bags, shoes, clothes, and many more. I have neglected my eBay shop for months now. I just don’t have the time to run it the way I should. I am hoping to sell some more before the end of the year. I just need to find the time to actually list the items.
Vlogging
If you have a considerable number of viewers or subscribers to your YouTube channel, you can make money through vlogging by allowing ads to run during your video. And you can make money through sponsored reviews and mentions as well. I am yet to venture into the world of YouTube, it sounds really complicated (I know it’s not) and is way out of my comfort zone. I like to write and I am good at it (how cocky), not sure about vlogging but we will have to wait and see.

 

How do you make money online? Are there other tried and tested ways to make money online? Do share.