In the last three years, we have changed our source of income from traditional jobs, which used to make up 100% of our earnings (including fixed income, comfort income, and cushion income), to relying solely on income generated from our passion, with no passive income. Furthermore, we are currently in the phase of working as full-time freelancers, with the ultimate aim of becoming full-time entrepreneurs and incorporating passive income into our earnings.
After considering our life, we made the decision to begin traveling full-time and pursuing work we are passionate about at an earlier stage. As a result, we temporarily put aside the task of developing passive income sources. Instead, we chose to enhance our skills in order to have the opportunity to work remotely for employers we genuinely admire, engaging in projects that align with our values.
Currently, the majority of our time is dedicated to freelancing for two clients in our preferred fields. A significant advantage of these jobs is the opportunity to travel continuously. At present, we are shifting our attention towards enhancing our passive sources of income. These sources encompass expanding our personal business, engaging in stock market investments, and eventually venturing into real estate.
Now that you have an understanding of our actions, I aim to demonstrate our methodology. Additionally, my goal is to provide you with clear instructions to enable you to replicate our success.
Identify the industry you want to be in or the people you want to work with
In order to commence freelancing, it is necessary to determine the kind of work that catches your interest. At the minimum, you must specify the individuals/organizations/brands you desire to collaborate with.
Create a list of your desired freelance jobs to obtain a clear understanding of the ideal characteristics you seek in your future freelance employers, even if you do not ultimately collaborate with them.
I have always had the long-term objective of establishing a business that supports young individuals in efficiently handling their finances, allowing them to pursue their own unique experiences. My plan entails mainly utilizing online platforms such as a blog and courses. Consequently, it seems logical for me to engage in freelance work within the same industry.
Clarify the structure of your ideal day/week
Do you have a preference for working part-time, full-time, or on a project basis? Certain freelancers engage in long-term collaborations with clients, regardless of the number of hours involved. Conversely, some freelancers exclusively undertake specific projects and subsequently seek new clients. Freelance work offers numerous possibilities; you simply need to determine your desired working arrangement.
Before you start applying for freelance jobs, there are a few other questions that you need to answer.
Q: What is the desired number of clients? Q: What is the amount of money needed for me to quit my day job? Q: What level of flexibility is required for my schedule? Q: How frequently do I desire to travel for work?
In order to begin contacting potential clients, it is essential to have a clear understanding of the specific type of clients you desire and how you would like to manage your time.
If you are considering making a change due to dissatisfaction with your current job, it would be illogical to trade it for freelance work that you also dislike.
However, there is a necessary equilibrium. Initially, it is unlikely that you will begin by pursuing your desired work. However, ensure that you have a clear understanding of your ultimate objective so that you can determine if a particular opportunity will assist in achieving it.
Freelance ideas you can start today
First, review the freelance business ideas provided and conduct thorough research on each one. Locate an idea that truly resonates with you and that you are confident you can excel in. Even if none of these business ideas are appealing, using them as a starting point can be a valuable way to explore new opportunities.
1. Stock Photography
Are you interested in earning money through your photography skills? Numerous photographers have discovered the potential of selling stock images as a lucrative outlet for their creativity. If you’re eager to begin, there are several well-known stock imagery platforms where you can upload your images. Two highly popular options to consider are Getty Images and Shutterstock.
2. Content Writing
To work from home as a freelance content writer is a great opportunity for self-employed individuals who are dedicated to meeting deadlines, possess professional skills, and are interested in assisting businesses in generating impactful digital marketing content. Simply having strong writing abilities is sufficient to begin this endeavor.
3. Start a blog
In 2022, blogging has become a profitable online profession that many people are pursuing. The question arises, is blogging still worth it? The answer is yes, blogging in 2023 remains worthwhile. If you are eager to launch your blog quickly, there are three simple steps you can take right away: firstly, register a domain name with a reputable registrar like Namecheap; secondly, set up a website hosting service that is quick, affordable, and easy to manage, such as Flywheel (our personal recommendation); and finally, select a straightforward and fast-loading WordPress theme to start working on your initial post.
4. Social Media Marketing
If you possess creative flair and have a grasp on the effective utilization of engaging multimedia content in marketing, then a freelance career as a social media marketer might be a suitable choice for you. You can assist companies in comprehending the ways to utilize Facebook, Twitter, Snapchat, Instagram, and other platforms to accomplish their business objectives in your role as a freelance social media expert.
5. Youtube Video Creation
Making money on YouTube is no longer limited to famous musicians or influential individuals. Ordinary people now have numerous opportunities to generate income by producing high-quality videos on their channels. To begin earning money on YouTube, you need to activate monetization in your YouTube account settings. Afterward, you can choose to participate in the YouTube Partners Program or have your videos featured on YouTube Premium.
6. Teaching
Thanks to video chat, teaching is now a flexible job that can be done either online or offline. If you possess a skill that you are highly passionate about, you can leverage this advantage to provide services to individuals globally. However, merely having the knowledge to teach is insufficient; you will also require the appropriate tools. Online course platforms like Teachable furnish the necessary tools to enable you to concentrate on developing a top-quality course for your students.
7. Graphic Design
Online, there is a high demand for graphic designers who can create logos, infographics, memes, and cover photos for blog posts. If you want to become a graphic designer, it’s important to develop skills that are valuable to employers and clients. This includes having strong drawing abilities, a deep understanding of graphic design principles, proficiency in design software, and knowledge of professional standards. Canva, an online design tool, is a great platform to start freelancing as a graphic designer. The best part is that Canva currently provides a 30-day free trial of their Pro plan, which grants access to advanced tools and templates for your designs.
8. Web Design
, it is not necessary to have a fancy bachelor’s degree in computer science to become a web designer, despite what many people believe. Although the journey to becoming a web designer may involve various obstacles and changes.
9. Copywriting
Copywriters create content for promotional and commercial purposes, which can be used in various forms like advertising, websites, billboards, email campaigns, newsletters, and more. As a freelance copywriter, you may specialize in creating attention-grabbing taglines for magazine advertisements or writing blog articles tailored for online optimization. Freelance copywriters can collaborate with clients directly or collaborate through intermediaries such as agencies or online work exchanges.
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