Why Online Freelance Talent is So Desired
According to a 2012 global business survey by Elance, on average, survey respondents predicted that over half — 54% — of their workforce would be found online in five years. And the main reason these employers gave for hiring online talent?
They [found] that talent online is better than or equal to what’s available locally, and in part, are leveraging online workers to do work that they would have done themselves or not done at all.
Advantages of Hiring Online Freelance Talent
Following are a few more statistics from the Elance survey.
85% of respondents believed that hiring freelancers gave them a competitive edge;
40% believed that the quality of talent to be found online was superior to the talent that could be found locally; and
The average savings to a firm was 53%.
The 5 Most Sought-After Skills in Online Freelance Professionals
(i) Web Programmers/Developers took the top spot (70%);
(ii) Graphic Designers/Multimedia Experts came in second (61%);
(iii) Writers/Content Creators/Bloggers were the third most desired skill set (38%);
(iv) Online Marketers / Social Media Consultants came in fourth (32%); and
(v) Mobile Developers rounded out the top five (28%).
My Take: Why Freelancing Is So Popular
In a recent CNN video below, the owner of a start-up tech company in Kansas said:
“The job you create for yourself is the most stable job you can have.”
In my opinion, this kind of sums it up, especially in light of what’s been happening with the economy over the last decade or so.
Americans have gone through a crippling mortgage/foreclosure crisis; had big banks fail at alarming rates; have been downsized, laid off and/or outright fired from ‘stable’ jobs; seen their pensions/retirement savings dwindle; have gone through savings to try and save homes and/or plug the gap while they look for new jobs – and they’re tired.
Tired of the uncertainty.
Tired of not being able to make livable wages.
Tired of not being in control of their own financial destiny.
The last decade or so has been a perfect storm, if you will, for freelancing to take off.
And it has.
A Freelance Writer Sees the “Handwriting on the Wall” and Takes Charge of His Career
One commenter (HK Guy from NYC) who responded to The New York Times article mentioned above wrote:
I’ve been a freelance writer for 30 years. I saw the handwriting on the wall early and managed to carve out a career. . . . I see so many journalists not able to adapt to what, for better or worse, will become the standard way of doing things.
This is exactly what I did when I last my last full-time job in 2007. I knew I never wanted to work for someone else again, and I wanted more control over my own financial future. So, I turned to freelance writing full-time in 2007, started an SEO writing company in 2008 and luckily, haven’t had to look back since.
Has it been easy? No. There were times I wanted the security of a full-time job again. But, even stronger than this was my desire to control my financial future. With layoffs and foreclosures in the news practically every day back then, my thinking was, “Even if I am lucky enough to land another position, what’s to prevent me from getting down-sized again?”
I just didn’t want to go that route any more. So I hung in there — working like crazy for a couple of years to get to the point where I never have to worry about looking for a job again.
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A New Definition for “Job Stability”
As commenter HK Guy from NYC pointed out – and freelance statistics from many sources bear out — you have to be nimble and adapt to what is a changing world. In my opinion, the idea of “job stability” is a dying concept.
Freelancing IS the new job stability.
Share Your Thoughts on Freelancing
Why do you think so many are turning to freelancing? Have you tried it? Do you want to freelance? What would you say are the major obstacles that prevent you from freelancing? Please share in the comments section below.
Here’s to a productive week ahead!
P.P.S.: Did you know that you can now order any of our products (like the SEO copywriting course which is currently 50% off) and take up to 6 months to pay? You can.