Pros of being a freelance
No boring routine - one does not have to follow daily routine. Freelance is best for people who do not like a boring life because everyday is unique and challenging.
In control of your schedule - one has full control over his/her own schedule. You could knock off anytime, wake up anytime, fall asleep during normal working hours, go for a movie during normal working hours.
In control of your income- one is able to control his/her income if there are many projects on hand that one can either accept or turn down according to the individual's availability.
Always been envied - people around always envy me that I do not have to squeeze with people on the train / bus during peak hours. This is one of the best thing being a freelance.
After sharing some pros of being a freelance, let me talk about the cons.
Cons of being a freelance
Unable to control your income - one is unable to control his/her income if the industry is bad or if the individual is unwell and not able to complete tasks within a certain time frame.
Unable to predict the nature of the projects - projects come in as and when and one has no control over the nature of these projects. They can also come in all at once.
Unable to predict the payday - project payments can be a pain in the neck. Some could take up to months to make the payment in other words this means you will not be able to expect a fix monthly income.
No long holidays - due to the unpredictable projects, long holidays is out of the question. You would not want to turn down any projects due to your holiday trips as that would affect one's reputation in the industry and make your prospective clients question your reliability and professionalism.
No benefits - no paid sick leave, no paid leave, no birthday off, no compassionate leave. Basically no benefit at all. All benefits have to be covered from your own pockets.
The above mentioned are some of the things I encounter personally as a freelance, feel free to comment and add on the list if there are any pointers you like to share. :)
Cons of being a freelance
Unable to control your income - one is unable to control his/her income if the industry is bad or if the individual is unwell and not able to complete tasks within a certain time frame.
Unable to predict the nature of the projects - projects come in as and when and one has no control over the nature of these projects. They can also come in all at once.
Unable to predict the payday - project payments can be a pain in the neck. Some could take up to months to make the payment in other words this means you will not be able to expect a fix monthly income.
No long holidays - due to the unpredictable projects, long holidays is out of the question. You would not want to turn down any projects due to your holiday trips as that would affect one's reputation in the industry and make your prospective clients question your reliability and professionalism.
No benefits - no paid sick leave, no paid leave, no birthday off, no compassionate leave. Basically no benefit at all. All benefits have to be covered from your own pockets.
The above mentioned are some of the things I encounter personally as a freelance, feel free to comment and add on the list if there are any pointers you like to share. :)
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