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Thread: Can Freelancing Make You Rich?

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  1. #1
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    Can Freelancing Make You Rich?

    Freelancing is a good sideline for someone starting out with publishing or affliate marketing. You won't get rich but will help create a revenue stream.
    Last edited by CoreyFreeman; 6 September, 2009 at 12:33 PM. Reason: Post moved to new thread. Irrelevent yet interesting.

  2. #2
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    Quote Originally Posted by bogart View Post
    Freelancing is a good sideline for someone starting out with publishing or affliate marketing. You won't get rich but will help create a revenue stream.
    I don't think freelancing is necessarily for the starters in a different line of work. In addition, I think it can make you rich (or at least provide decent wages to live off of) if you work hard at it.

    Freelance designers can make thousands (or even tens of thousands) of dollars per job. Freelance copywriters (sales pages, commercials, technical manuals) can garner the same kind of work.

    Remember, freelancing isn't just confined to the internet.

    What do the rest of you think?

  3. #3
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    Quote Originally Posted by Sneakyheathen View Post
    I don't think freelancing is necessarily for the starters in a different line of work. In addition, I think it can make you rich (or at least provide decent wages to live off of) if you work hard at it.

    Freelance designers can make thousands (or even tens of thousands) of dollars per job. Freelance copywriters (sales pages, commercials, technical manuals) can garner the same kind of work.

    Remember, freelancing isn't just confined to the internet.

    What do the rest of you think?
    I think of a freelancer as an type of flexible employee without the commitment. The freelancer isn't going to get rich, but like you said they can make a nice living.

    The way to make the money is to market yourself as a professional. Rather than working on assignment, the professional manages projects either via a virtual agency of other freelancers or outsourcing the work. The professional may also maintain a small staff and office.

  4. #4
    Well nobody can be an expert in every field (article writing, programming, managing server, web design/photoshop). If You have expert knowledge in one of them, you can make some money offering your skills to someone else who doesn't have it. I think there could be good money in it!

    Specially programming. There is plenty of want-to-run-a-big-website-and-make-$ kind of people who have no knowledge in programming and can't do really anything usefull themselves and will hire you. again too proffersional web design (using photoshop etc) would be another hot one to freelance in.
    There are lots of sites that want unique templates that will appeal to their visitors but have no knowlege in photoshop.

    Article writing though I'v heard it doesn't pay well and its can be hard to find a good article writer. Probably becuase anyone can write stuff up its not really a unique skill. But if you good at it, you'll probably have a hard time competing with those low quality writers...
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  5. #5
    I can't forget the one line that a famous public speaker in our country have said, "a job can earn you wages, but freelancing can make you a fortune".

    Quote Originally Posted by dollar View Post
    Well nobody can be an expert in every field (article writing, programming, managing server, web design/photoshop). If You have expert knowledge in one of them, you can make some money offering your skills to someone else who doesn't have it. I think there could be good money in it!

    Specially programming. There is plenty of want-to-run-a-big-website-and-make-$ kind of people who have no knowledge in programming and can't do really anything usefull themselves and will hire you. again too proffersional web design (using photoshop etc) would be another hot one to freelance in.
    There are lots of sites that want unique templates that will appeal to their visitors but have no knowlege in photoshop.
    Agree.


    Article writing though I'v heard it doesn't pay well and its can be hard to find a good article writer. Probably becuase anyone can write stuff up its not really a unique skill. But if you good at it, you'll probably have a hard time competing with those low quality writers...
    Disagree.
    Article writing doesn't pay well only in Internet Marketing World. Because many webmasters/internet marketers know a lot of people that are offering cheap article writing service. I'll show you the RATES of someone, here they are:

    1 400 to 550 words will be charged at $25 US, £14 UK

    5 400 to 550 words will be charged at $125 US, £70 UK

    10 400 to 550 words will be charged at a discount price of $240 US (a saving of $10!), £130 UK

    20 400 to 550 words will be charged at a discount price of $470 (a saving of $30!), £255 UK.

    Nice rates, huh? If you can find your sanctuary, then freelancing will make you great fortunes. Absolutely!

  6. #6
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    Quote Originally Posted by bogart View Post
    I think of a freelancer as an type of flexible employee without the commitment. The freelancer isn't going to get rich, but like you said they can make a nice living.
    Freelancers are not employees. They are not bound by company rules or polices, nor are they under the direct influence of a company or owner's policy changes. Freelancers are completely separate entities. That's why many real-world freelancers use contracts to ensure payment and establish rights of usage.

    My aunt is a freelance graphic designer, and I'd say she's rich. Not mega-millionaire rich, but "buy a car because it looks nice" rich. My brother aspires to be a set-designer for movies. I wonder how much cash he'll make off that?

    I'm fairly sure you could make millions from freelancing if you learned how to invest and manage your money within your own business.

    The way to make the money is to market yourself as a professional. Rather than working on assignment, the professional manages projects either via a virtual agency of other freelancers or outsourcing the work. The professional may also maintain a small staff and office.
    Freelancers are professionals. Well, "real" freelancers anyways. Not the $0.01/word digital point writers. Freelance designers can go on to start their own design firms/agency, which is still a third-party entity. I don't necessarily think managing a business makes you more professional than the people who do the outsourced work.

    Quote Originally Posted by dollar
    Article writing though I'v heard it doesn't pay well and its can be hard to find a good article writer. Probably becuase anyone can write stuff up its not really a unique skill. But if you good at it, you'll probably have a hard time competing with those low quality writers...
    The great thing about writing is that everyone needs content. I think I've said that a bunch of times in different posts now, lol. There will always be new websites, new businesses, new blogs, whatever. And they will need content, copy, advertisements, documentation, etc.

    Now, if you're a high quality writer, then you're going to make it to the top of the heap. Not "anyone" can write in a way that clearly expresses a message, and makes people want to buy things, or want to comment, or want to know more. In fact, that's a rare skill.

    And those with that skill can make bank.

  7. #7
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    Quote Originally Posted by Sneakyheathen View Post
    Freelancers are not employees. They are not bound by company rules or polices, nor are they under the direct influence of a company or owner's policy changes. Freelancers are completely separate entities. That's why many real-world freelancers use contracts to ensure payment and establish rights of usage.
    You are correct that a freelancer is an independent contractor and not an employee.

    Quote Originally Posted by Sneakyheathen View Post
    I'm fairly sure you could make millions from freelancing if you learned how to invest and manage your money within your own business.
    You are correct. I usually make between 10k-20k a month. On a good month double that.

    Freelancing only provided me McDonalds kind of money.

    Quote Originally Posted by Sneakyheathen View Post
    Freelancers are professionals. Well, "real" freelancers anyways. Not the $0.01/word digital point writers. Freelance designers can go on to start their own design firms/agency, which is still a third-party entity. I don't necessarily think managing a business makes you more professional than the people who do the outsourced work.
    I think that the difference between a freelancer and a professional/agency is that the PRO providers the whole package. Even the PRO doesn't do the job but manages the project and receives a fee that is much more than a freelancer will ever make. The way to look at it is that there is a lot more money in consulting than freelancing.

    A while back on another forum, there was a member that had a SEO agency. The webdesign was done in South Africa and the SEO work in Houston. They were even running local TV ads. Sure he could have done freelancing but there is no way as a freeelancer that he could have earned the big bucks.

  8. #8
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    50 days back I bought a new car through the money I earned while freelancing. I guess it can make you rich if you know where the money is and what you are selling..

  9. #9
    Hi,

    Quote Originally Posted by bogart View Post
    Freelancing is a good sideline for someone starting out with publishing or affliate marketing. You won't get rich but will help create a revenue stream.
    What is your definition of rich?

    Quote Originally Posted by bogart View Post
    You are correct. I usually make between 10k-20k a month. On a good month double that.

    Freelancing only provided me McDonalds kind of money.
    What McDonalds are you eating at? Right Now I am only making puny 2K a mo. and I can afford a Pizza.

    My big question here is what is considered a freelancer?

    Why I ask this question is this. My biological father has his own PR company mostly a 1 man company. At the peak of his carrier he only had a secretary and me working for him. Ok I came in later. Just him and a secretary. He only worked when he wanted, took on only the firms/people that he wanted to handle.

    I would call him a professional.

    Yet today he works about 3mo. a year and drinks the other nine, and his net worth could buy a small city.

    Much like the old joke.

    Three Texans were talking two American and an old Jewish Texan.
    The first Texan says, "My name is Roger. I own 250,000 acres. They call my place The Jolly Roger."
    The second Texan says, "My name is John. I own 350,000 acres. They call my place Big John's."
    They both look down at the Jewish man who says, "My name is Irving and I own only 10 acres."
    Roger looks down at him and said, "10 Acres?
    "Well then, what do you call it?"
    "Downtown Dallas.

    So is he a freelancer or a pro?

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  10. #10
    Freelancing can earn you nice numbers, but it requires loads of work. Develop a few more passive revenue streams and you're set.

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