Before you even think in stepping into the world of freelancing,
you need to know the risks involved. If you are unsuccessful you will lose big
time but when you do well you
earn a lot.
Here are a couple of the known risks that you must be prepared in case you opt a career as a freelancer.
1. A Freelancer will not get paid every month as a salary. Here, the more you work the more you gain.
2. Risk of financial security. You wont be getting and PF, DRA, HRA or stuff like that. You wont get any health and medical benefits or pension.
3.Freelancer means You are on your own. A freelancer works individually, he or she will not have any teammates to divide and split duties.You must be focused on the deadlines. If you fail to meet the deadline, it will be totally your fault. You are the sole responsible person.
4. Social Life. This may be true may not be. It wont be an issue with some people. When you are on your own, you will not be meeting new friends. The best thing is you will be able to strengthen the bonds that you have with old friends.If this thing is troubling you then you can join many social networking sites like facebook, myspace, orkut and yahoo chats :)
5. We need a lot from you. This means taking decisions wisely, being responsible and become mature. You will need to face situations bravely and hope for the better day again.
As you all can see now there are tons of risks involved in freelancing. I didnt make this list to scare you but I am making you all prepared. The path will not be so easy but when you see the fruits of one's labor, you can surely state that it's all worth every paisa.
Here are a couple of the known risks that you must be prepared in case you opt a career as a freelancer.
1. A Freelancer will not get paid every month as a salary. Here, the more you work the more you gain.
2. Risk of financial security. You wont be getting and PF, DRA, HRA or stuff like that. You wont get any health and medical benefits or pension.
3.Freelancer means You are on your own. A freelancer works individually, he or she will not have any teammates to divide and split duties.You must be focused on the deadlines. If you fail to meet the deadline, it will be totally your fault. You are the sole responsible person.
4. Social Life. This may be true may not be. It wont be an issue with some people. When you are on your own, you will not be meeting new friends. The best thing is you will be able to strengthen the bonds that you have with old friends.If this thing is troubling you then you can join many social networking sites like facebook, myspace, orkut and yahoo chats :)
5. We need a lot from you. This means taking decisions wisely, being responsible and become mature. You will need to face situations bravely and hope for the better day again.
As you all can see now there are tons of risks involved in freelancing. I didnt make this list to scare you but I am making you all prepared. The path will not be so easy but when you see the fruits of one's labor, you can surely state that it's all worth every paisa.
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