Freelancing:

 Types of Freelance Marketplaces(1):

Online Bidding / Conventional FM: Clients post project requirements, and freelancers provide services accordingly. Examples: Upwork, Fiverr, Guru, People per Hour, Freelancer, and Toptal.

a. Niche: Job posts are specific to a particular category, such as content writing. Freelancers specializing in that category can find relevant clients. Example: Scripted.

b. Contest: Clients hold contests where multiple freelancers showcase their skills according to the client's requirement i.e a logo, and the client pays the winner. Example: 99designs.

Digital Stocks, Goods Marketplaces: People sell their original and copyrighted photos, designs, and other digital assets. Buyers can browse and purchase these items. Example: ShutterStock, Freepik, Envato.

Micro-Job Marketplaces: Platforms specializing in smaller and quick tasks, often priced at $10-$100. These gigs can be completed in a short amount of time. Example: Fiverr, Gigster.

Social-Media FM: Platforms such as LinkedIn, Instagram, and Facebook offer opportunities to showcase skills, connect with clients, and find freelance work.

Classified AD Sites: Platforms like OLX serve as advertising spaces where freelancers can showcase their services. Interested clients can contact freelancers through these platform's Ads, though the communication process may differ from other freelance platforms. Examples: Indeed, OLX, Craigslist.

Advantages of freelancing(2):

i. Financial freedom

ii. Passive income

iii. Flexible hours

iv. Location flexibility

v. You keep all the profits

vi. Work wherever you want

vii. Unlimited earning potential

viii. Time to focus on your health

Complete Road map for Freelancing:

⦁ Set a goal

⦁ Develop communication skills

⦁ Pick and develop a skill of your choice

⦁ Start freelancing

⦁ Expand and sharpen your skills

⦁ Increase level of freelancing

⦁ Learn business skills

⦁ Convert clients into partners

⦁ Setup your team

⦁ Pay them well

⦁ Re-invest in your business

⦁ Develop leadership skills

⦁ Add better people in your team

⦁ Make them believe in your vision

Disadvantages of freelancing(3):

i. Isolation

ii. Variable workload and income

iii. Lack of job security

iv. Growth dilemma

v. Social circle

vi. Family life

vii. Mental health

Short descriptions:

You might feel alone (isolation).

Money won't always be fixed(income).

No guarantee of work (job security).

Not Learning new skills (growth).

Friends and family time might suffer (social life).

Work hours could mess with family time (family).

Stress for finding work or Stress of too much work load (mental health).

Essentials for freelancing(4):

⦁ Determination is essential to begin freelancing and develop a successful career.

⦁ Understanding the advantages, disadvantages, and potential of freelancing is crucial.

⦁ The essentials for freelancing include a laptop, internet connection, in-demand skills, communication abilities, workspace, and a portfolio.

⦁ Reinvesting earnings into one's setup and skills leads to long-term success.

⦁ Balancing production and capability is key for sustainable growth.

⦁ Mental health is important and should be prioritized.

⦁ Starting with a basic portfolio is acceptable, and it can be developed over time.

How to Set a perfect Goal(5):

⦁ Goals should be specific, measurable, achievable, realistic, and timely (SMART).

⦁ Choose goals that inspire and motivate you.

⦁ Divide larger goals into smaller, manageable parts.

⦁ Stay focused on one milestone at a time.

⦁ Maintain a positive and determined mindset.

⦁ Embrace failure and keep going.

⦁ Courage is crucial in achieving goal

Choose your skill(6):

Why you can't find your skill:

i. Exposure (introvert ness)

ii. Diversion (not focusing on)

iii. Rush (fastness)

iv. Fear (Future fears(bills))

How to avoid them:

i. Self Analysis 

ii. Using feedbacks of other

iii. Write your strength and weakness

iv. Academic check

v. Search for demanding skills

vi. Search for pros and cons of skills

vii. Feasibility Analysis(how much would you gain after a time)

viii. Power of Adjustment

The decision about one's path lies within oneself.

What skill excites you(7):

Start with skills that give fast and stable outcomes. Once you have those skills, you can then move on to more complicated or time-consuming ones.

What is the basic requirement to learn a skill? 

i. Focus

ii. Calmness

iii. Concentration