Last updated on April 15th, 2020
There is no exaggeration in saying that discussions concerning Coronavirus are everywhere. When the World Health Organization (WHO) declared COVID-19 outbreak as a pandemic, it created a panic and the whole world started moving towards a shut down. With the novel Coronavirus impacting people mentally, physically, and financially, a lot of people have started wondering where their next paycheck is going to come from. Thank God, the Gig industry is here to the rescue!
Gig economy is a type of on-demand peer economy. Companies that come under such an industry often have a rating-based marketplace as well as in-apps systems of payments. They give people a chance to earn money either by sitting at home or based on their suitable schedule.
Even the Rolling Stones, in one of their musical videos say “It’s not Doom and Gloom.” We are entering an era where work is more flexible and employees can work from home. Our livelihood doesn’t tie us to the restrictive contracts where we need to keep ourselves in air-conditioned buildings, working shoulder-to-elbow with each other for 9 hours/day.
Although, due to the Coronavirus crisis, there is a rapid decline in some sectors (for example, delivery service, ride service, etc.) where the gig economy operates, there is one sector that is booming in the light of Coronavirus and that is freelancing. With so many companies becoming short-staffed, there is a significant increase in the demand of remote freelancers.
Why Should People Jump On The Freelance Bandwagon Now?
As many people are adapting themselves to staying at home routine, joining the freelance workforce can offer financial stability, flexible working hours, and, most importantly, sanity. Freelancers have more freedom to work and provide services globally. Want to go for freelancing?
Here Are Some Benefits Of Shifting From Contract Work To Remote Work
01. More Opportunity To Earn
Freelancing allows people to have complete control of their income. They can dip their toes into a pool of possibilities by working on multiple projects at the same time, even beyond their geographic location.
During this current Coronavirus outbreak, they have a good chance to promote themselves to companies who are looking for extra or remote help. It will not only help them earn more but also give them a chance to make new clients and gain more experience.
02. Increase Productivity
Although the trend of co-working space has increased a lot, many freelancers prefer to work from their homes. In the current situation where movement is barred, those who want to work in a co-working space are only left with the option of working from home.
Moreover, as compared to co-working spaces, working from home gives the advantage of increasing productivity as there are fewer distractions and you can control your environment completely.
03. Flexible Work Schedule
By opting to freelance, you can create your work schedule. A flexible work schedule will also allow you to be flexible in terms of your living situation. Payoneer’s recent study of over 70,000 global freelancers found that those who work exclusively as freelancers earn more and are more content compared to those who work for a company as full-timers. If you want to work as a freelancer too , now is the time as the COVID-19 pandemic has made it possible and practical to work from home.
As a remote worker, you don’t need to spend hours traveling from home to office and office to home. This helps you in saving time, which can be utilized in some other work. You can allocate yourself some fixed hours for freelance assignments that you really wanted to pick up, ensuring there is no impact on your regular office work.
04. No Commuting
Most freelancers don’t have to go out for their projects. That’s how they are able to manage their time and health and also save time on traveling. Since the threat of Coronavirus is everywhere, freelancing limits the commute time and allows you to work from home, which the health officials of all the countries are advising to everyone. Also, on an average, every year, Americans spend between $2,000 and $5,000 on transportation. Working from home can help them in saving their money.
05. Peaceful Mind by Restricting Yourself To Useful Content
The news and latest updates about the outbreak are everywhere. People are hooked on to their devices to get meaningful information about the situation and stay informed. Amid of this, a lot of content in the form of memes, jokes, etc. is getting viral and people can’t help but share.
It is quite distracting and takes much of a person’s valuable time. But having a freelance project in hand ensures you are occupied and not trying to kill time on your phone, rather you invest some of your day’s time in something productive that can help you learn and earn.
Freelancing Global Marketplaces
Designhill is the world’s No. 1 creative marketplace that caters to the creative needs of businesses and individuals alike who can source high-quality designs from professional designers and unique products created by independent artists. Our community of over 125,000 designers and artists from nearly 52 countries bring the world’s best creative talent to your fingertips.
There are various ways through which you can earn money using this platform such as design contests, one-to-one design project, affiliate marketing, etc. The platform offers various benefits to freelancers such as instant client conversion, payment security, hassle-free communication, social media exposure, etc.
If you are an artist and want to sell your artwork online, then PrintShop by Desighill is a platform which offers an opportunity to set up privately owned stores and let you sell artwork on plenty of products.
It is another exclusive network for software developers, finance experts, and freelance designers. The marketplace is known for providing good wages. However, their screening process is a bit tough. Most of the clients accept the top 3% of talent, making it quite challenging to get work.
Upwork, formerly known as Elance-oDesk, helps businesses and freelancers to connect and collaborate remotely. The website is ideal for writers, mobile and web developers, bitcoin experts, and customer service and sales agents.
Just like other mentioned platforms, PeoplePerHour also helps businesses and freelancers to connect with each other from their comfortable locations. The platform provides opportunities to freelancers skilled in translations, sales and marketing, web development, etc. The platform has a large network of users, especially in the UK.
What Should Freelancers Do To Survive The COVID-19 Lockdown?
Due to the Coronavirus outbreak, businesses are cutting down and going into survival mode. It has pulled an evolving resource for freelancers as well. What to do? How to survive such a crisis? Here’s the best advice from our experts on how to survive the COVID-19 lockdown as a freelancer.
Get Survival Tips For Freelancers
Within a short span, life and business can change dramatically. The Coronavirus crisis has forced people to work remotely. And companies who are short with bandwidth, are looking for freelancers who can help them in their projects. Therefore, if you are not a part of the Gig industry, and think that you can offer your services by sitting at home, then it’s the right time to become a part of the industry. Consider this time as an opportunity to make new clients and earn extra money. If you are a full-time working professional and things go in your favor, you may consider choosing freelancing as a full-time service.
Wish you and your family a safe and healthy life!