Why is Freelancing on the rise?

 Why is Freelancing on the rise?

Why is Freelancing on the rise?


Business owners across the U.S are asking, “Where have all the workers gone?”

 According to a recent report from Upwork, two million Americans started freelancing in the first year of the pandemic. The study also found that 59 million Americans - about 36% of the total workforce, freelanced in some way over the past 12 months.

However, even prior to COVID, the economy was already seeing large increases in the numbers of solo entrepreneurs

 Why are Freelancers on the rise?

Due to rapid automation, digital transformation, and demographic change, companies are increasingly struggling to find people with the skills they need when they need them.

 

The COVID-19 crisis underscored the need for companies to be more nimble in reacting to changes, managing fixed costs, and managing the work itself, lending even more importance to the fact that users of platforms report increased speed to market, productivity, and ability to innovate.

 

A recent survey by freelance platform Upwork found that 20% of current employees (10 million people) are considering freelance work.

 

Further, while in the past, freelancers may have been viewed as those who couldn’t find full-time work, they are often sought-after workers who have reached their career peaks and want flexibility in how they work, when they work, and the projects they are working on.

 

Beyond the pandemic’s direct impact on the freelance economy, shifts in the global economy, technology, and political climate, as well as the changing expectations of today’s workers have inspired trends that will continue to grow into the foreseeable future.

 

More Flexibility

People want more flexibility and control over how they work, where they work, whom they’re working for, and charting their path around their careers in a different way.

 

As newer generations enter the workforce, millennials and Gen Z, in particular, has seen that the employment contract is broken and we often hear, “That’s not for me.” The new workforce has a much more kind of empowered idea around how they’re going to build their careers that’s much more autonomous and not related to a single firm. It’s much more about skills that they have, portfolios that they’re building. They feel like that’s where they have safety and security. Being tethered to a single employer feels riskier to them.

 

Broaden your Skill Set

The best thing about working on diverse projects is that with every new project you get, freelancing offers an opportunity to learn something new.

 

Freelancing allows one to step out of the comfort zone and work on something you always wanted to but were too hesitant about.

 

Many young professionals have side businesses they are passionate about but have little time to work on. With freelancing, you have the freedom to choose the workload.

 

You can take up projects that aren’t too draining and leave you with substantial time and energy to work on your side hustle.

 

Increased quality of life

Are there days when you are absolutely sick of your routine and want to completely change it but work commitments are a hindrance?

 

Freelancing offers complete control over your timings. If you are a night owl you can work when the moon comes out, or if you are an early bird, you can start your day with the sun.

 

Improve your Interpersonal skills

Since you are your own manager, it makes sense to learn and hone the skills needed to manage all the additional tasks as well. Admin skills and better communication habits will come in handy.

 

Now is the time to get strategic

Forged across six years of research, planning, development, and deployment, B2B platform One Source Direct has been unveiled with a distinct aim at both centralizing and streamlining small business and solopreneurs connections.

 

Unveiled at the onset of 2021, One Source Direct is geared toward subscriber usability and simplicity, coupled with a base mantra of 'What Does My Business Do and What is Somebody Looking For'. The One Source Directs platform’s easy aesthetic is geared toward efficiency for small business owners, freelancers, and solopreneurs aimed to Connect, Create and Grow.

 

By creating centralized connections under the platform’s headings of Needs, Leads, Offer and Articles, the One Source search portal presents a straightforward ease-of-use, while also offering a very modest introductory price-point for leads.

 

Whether the objective is as simple as looking for office supplies and being notified of sales and promotions or sending out a company newsletter to One Source connections that would otherwise just sit on a website waiting to be found, the platform has the potential to trim all manner of Internet fat.

 

And as a differentiator, One Source Direct wisely presents the option of subscriber anonymity and confidentiality, a further time-saver to cut out the deluge of spam, viruses, social media invites, unwanted solicitations, and phone calls that come as a result of so many online connections tools.

 

Impact your small business networking experience by connecting your products and solutions to business leads. By creating a business profile on the One Source Direct platform, instantly network with a growing community of international business customers.

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