Sunday, May 20, 2012

How to Earn as a Freelancer

Freelancing today has become one of the most reputed and prominent industry to earn money for IT Talents.............While majority of the "Earn from Home","Online Data Entry" etc. are scams,Freelancing connects real talent to the buyer's world.................
It's a great success in countries like India..........solely because of the huge currency difference between Western Countries and Indian rupee...Employers get a good benefit and cost is reduced to a substantial amount in freelancing compared to their local equivalents.

So,where to start?

There are many freelancing sites today............and the number goes on increasing............but I list here the top 3 Sites...

1) Elance.com

Elance is best available Freelancing Site...........Employers and Freelancers of all types are found here...
Many serious employers and contractors recommend this site....


1) Requires Freelancers to complete a One time Compulsory Test .thus ensuring only serious talented persons...
2) It supports both fixed jobs and hourly jobs..

3) Supports many withdrawal options for Payment..
4) Free Skills Test to show your abilities..
5) Good Scoring & Level system .......to differentiate contractors..
6) One time non-changeable review...
7) Good Help & Support.....

The best point of Elance is that  serious employers prefer it the most and it has better per job scale than other sites...

2) Freelancer.com

Formerly known as GAF (GetaFreelancer) ,this site is the most popular site for Freelancing today.........

The high popularity,more no.of employers,rich interface and UI,milestone System for Payments,Low Dispute Arbitration fees etc.........are some of its major advantages....



Other good features include

  1.  It has great support........
  2.  Fast Payment Withdrawals...(Twice a week as compared to only once a month in few sites)
  3.  Express Withdrawals for Indian Users so that Payment gets deposited directly in your Bank Account besides other Payment Options like Paypal,Moneybookers,Wire Transfer etc..
  4.  A Strong Review System..
  5.  A good Milestone System to protect both employer and freelancer..
  6.  Many Contests
  7.  Encourages new members..........and good Free Membership Plan and good benefits in other Paid   membership plans...
  8.  Good Affiliate System.......The Best I have seen so far.............
  9.  Shares Income even on Inviting Friends,Suggestions etc...............

So,by far, I feel this is the Best Freelancing Website today.............and I have earned quite well over last 14 months..........
It has recently introduced "Hourly Jobs"...........but most of the jobs are Fixed jobs.........

.................Go and Register your Account...Freelancer.com

It has already eaten up (merged) vworker.com and scriptlance.com........

 3) Odesk.com

It is best for starting and for hourly Projects......
....It has good Payment Protection System for hourly Projects and
also supports Fixed Projects,but without any Payment Protection........
Has very good Payment Withdrawal Options and affiliate scheme


There are other sites too - guru.com,certifiedoutsourcing.com.......................and many more................but these three are the front runners...........

What's the Process?

So till now,I suupose you must have registered in the above sites................Now comes the second step.........
First you need to define your Skills or your area............where you're experts..............for eg, PHP/ASP/JAVA/HTML/CSS/Flash etc.............and select maximum you're allowed..............For eg,in Freelancer.com ,Free members are allowed to select upto 20 skills............so select the best 20 which suits you...........

The next step is to search the Project..............Either Browse the Project,Search their feeds or Search through the Search box................find a Project which you think you'll be able to do.................
Analyze your Chances of Completing the Project Successfully............if you think Yes,then place a Bid.......

All users who think that they can complete the Project places a bid and employers have a chance to select any one..........It depends on bid Quality..........

Normally,an employer selects the freelancer based on
1) Price
2) Portfolio and Reviews or Feedback
3) Presentation and Bid Description

So,all three factors play an equally important role.............for you to get a chance of getting considered........
If you are shortlisted,employer may first send you a message with relevant details and you're ONE STEP ahead of other fellow bidders.........
Its the best stage where you can WIN the Project...............

After you WIN the project,a good communication is required...............
I strongly recommend you to insist employer on creating milestones for different steps........
Milestone is a process where employer deposits funds to the sites...............but you don't get it unlss you finish the Project............If you finish as expected,then he release the milestone and funds are transferred to your account.........................otherwise it can be a dispute...........where the Site Admin is arbitrator and decide it in either's favour.............
This system is on Freelancer.com where you can create milestone of any amount - partial or FULL............other sites mostly use FULL milestone (called Escrow)....

So,after you complete the Project successfully,employer releases the milestone..........the funds are transferred to your account...............and both freelancer and employer can write review for each other......
according to your experience................Reviews are important..........for you to win further Projects.......

Now,the last step...............how to get the money.............You can withdraw the funds in your account.........
Every site has its own minimum limit (Freelancer.com has 30$)
Limit to no.of withdrawals (Freelancer.com - withdrawals are processed twice a week except for the first time...............it takes 15 days)
Select the Best Available Method.............Express Withdrawal,Paypal,Moneybookers etc............


This way,you can keep working on your favorite projects and keep earning..............

Few Points to Keep in Mind

  1. Never share your Contact Information in Bid as this can lead to suspension of your Account......
  2. Create only one account on each site..............[more than one account can lead to suspension]
  3. Try to search your most suitable and favorite Projects......
  4. Describe yourself the best in the Bid............and try to show relevant work or demo
  5. Only accept Projects which you think you'll be able to complete......Otherwise it can lead to negative feedback..
  6. Communicate Very well throughout the project............

That's it for now......Have a nice Day!

Vijeet Deliwala
http://vijarp.com

Disclaimer : Everything above is my personal opinion and is only for information.......Viewers are requested to check site rules and terms before making any decision...........No Direct or Indirect Claims or any kind will be entertained...