In our April 5th post, we introduced you to the new world of work and that of “Freelancers,” people who work on behalf of organizations when and where they are needed.
Situation: This is the story of a real-life person. Our freelancer is someone who migrated from a dozen years of full-time work where he had been designated the “Employee of the Year” to being laid-off and forced to taste the painful and “Unexpected Freedom” of freelancing.
Goal: Although he submitted resumes for numerous full-time editorial and corporate communications positions, the response rate was low to non-existent. He was further encouraged to pursue freelancing by the lack of interest among prospective new employers, who tended to view his extensive experience and knowledge, not as an asset but as a negative option. Especially, when considered against hiring recent college graduates for a fraction of the salary, our story-teller felt he wanted or his experience deserved. He discovered the world of hiring in the new decade is not about experience and capabilities, but about casting ones portfolio within the needs of prospective clients. He learned to explore and market for this new business of freelancing.
Actions: He undertook face-to-face networking activities, while simultaneously expanding his LinkedIn profile and building a network of 500+ contacts. He accepted freelance opportunities that did not pay well, simply in order to gain experience and begin building a resume of work samples. As time went by, he became adept at turning in quality work on tight deadlines, which drew the attention of new clients. Soon he landed two or three “anchor clients,” giving him a solid foundation of steady work at a respectable wage which, in turn, led to several large-scale web content projects. By the end of his first year as a freelancer, he began to reap the benefit of client recommendations and word-of-mouth referrals.
Consequences: Our freelancer is now established in a successful freelance business. Not only does he have the comfort of working from home, his daily schedule allows time to play tennis and swim laps at his neighborhood club. He is no longer dependent upon a single company for his earnings, but instead works regularly for a wide range of clients – most of whom he has never met in person and with whom he stays in contact via various online modes of communications.
Lesson: Our freelancer learned the value of persistence by making strong use of online platforms and staying in touch with prospective clients. She has become adept at establishing his brand, at creating sales documents, at maximizing his profile on LinkedIn as well as at leveraging various social connections online as well as in person. He learned to set boundaries to client requests for uncompensated hours in order to prove his worth. Eagerness to work should not be over-used to extract uncompensated commitments or outcomes.
Credible experts predict that the workplace may be dominated by Freelancers in the next decade. Here’s a snippet, summarizing these predictions, from Thomas Frey (futuristspeaker.com).
“Virtually any company that cannot find ways to do things more efficiently and reduce costs will not survive. Business colonies are an organic process of matching labor to projects for the exact duration of the contract. No more, no less.”
Do you want to learn how to Freelance? Ask us for help!
Would you like to learn about another way to work in the 21st century?
Look for our next post…