Work-Life Strategies & Solutions

On the Evolution of Work Systems in the Digital Economy

Tag Archives: Freelancer

The Unexpected Costs of Chasing Your Dreams [Infographic]

Many hopeful freelancers start their business adventure so they can take control over their time and finances. As a self-employed freelancer, you get to set your own hours and decide how much you make based on how hard you work. You can decide to pursue projects that interest you the most, and ultimately do your best work. The appeal of starting off on your own is the reason why a third of Americans are currently freelance.

If you’ve ever considered quitting your day job in favor for self-employment, you’ve also probably had a few reservations as well. While the work is more flexible, so is the income. There’s less security when it comes to benefits and salary, which can land you in hot water if you don’t have a solid savings. In addition, finding and pitching your own clients can be incredibly intimidating. The fact of the matter is that starting your own venture, whether as a freelancer or entrepreneur can a difficult process.

However, that doesn’t mean that you can’t do it. With a solid plan for how you’ll make the transition financially, you can make the leap. To get you started on planning for unexpected self-employment expenses, Turbo created this helpful infographic. By making a few easy cuts, you can make your dream of quitting your day job a reality. Check it out below:

Via turbo.intuit.com: Read more of this post

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The Move Towards Self-Employment: A Big Picture & “Little Picture” View

Nowadays you don’t have to search very hard to find well-respected thinkers forecasting the decline of traditional employment and a corresponding rise in self-employment. Daniel Pink, author of Free Agent Nation: The Future of Working For Yourself, had been tracking the decreasing average “half-life” of organizations well before this book was published in 2001. During his time as former speechwriter for Al Gore, he was one of the first to see the information that the Bureau of Labor Statistics churned out on a weekly basis. The relationship between organizations and employees is changing thanks to technological advancement and, in particular, the Internet. Pink foresees a future in which a great proportion of the population will be working as contractors, getting together and working on one project, dispersing when the project ends, then getting together with a different group to work on another project in the fashion of film crews.  Here is Daniel Pink discussing this scenario in the following video: Read more of this post

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