Designing A Sustainable Freelance Career

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Would you like to pursue your passions and have more control over your career? Would you like schedule and location flexibility and project variety? Would you like the stability of working full-time and getting paid consistently? Thousands of companies have embraced remote work and realize that they have access to a global talent pool. This is advantageous for anyone who has considered or is currently considering freelance work.

>> Submit your interest on becoming a freelance engineer with Toptal and get a call with Talent Acquisition specialist <<

Freelancing is no longer an unstable career choice.

This workshop will help you design a sustainable and profitable full-time (or part-time) freelancing career. We will give you tools, tips, best practices, and help you avoid common pitfalls.


Table of contents

Module 1: Dispelling common myths about freelancing
Module 2: What does freelancing look like in 2021 and beyond
Module 3: Freelancing choices and what to look for (and what to avoid)
Module 4: Benefits of freelancing from a freelancer + case study
BREAK
Module 6: How to get started freelancing (experience, resume, preparation)
Module 7: Common paths to full-time freelancing
Module 8: Essentials: setting your rate and getting work
Module 9: Next steps: networking with peers, upskilling, changing the world
Module 10: Freelancer AMA

This workshop has been presented at React Advanced Conference 2021, check out the latest edition of this React Conference.

FAQ

To start a freelance career, first assess your skills and define your goals. Register as a business for legal protection and set up a portfolio showcasing your work. Research the market for your skills and register with freelancing networks like Upwork or TopTal to find potential clients. Additionally, manage your finances by setting a personal survival budget, considering health insurance options, and saving for taxes.

When setting your freelance rates, research the market to understand the going rates for your skill set. Start with a competitive rate to secure initial projects and build your portfolio. Gradually increase your rate as you gain experience and reputation. Ensure your rate covers your financial needs, including taxes, health insurance, and other benefits you need to manage independently.

You can find freelance projects by registering with freelancing networks such as Freelancer, Upwork, and TopTal, which connect freelancers with clients. Additionally, build a strong online presence through your personal website and social media platforms, showcasing your portfolio and skills. Networking with other professionals and obtaining client referrals also helps in securing more projects.

Your freelance portfolio should include a range of work samples that demonstrate your skills and expertise. Include detailed descriptions of each project, outlining your role, the project's goals, and the outcomes. If available, add testimonials from clients and links to finished projects. A well-rounded portfolio should reflect both the quality and range of your capabilities.

As a freelancer, you're responsible for your own taxes and insurance. Set aside 20-30% of your income for taxes and consider using accounting software or hiring an accountant to manage financial records. For insurance, explore options like joining a spouse's plan, purchasing individual health insurance, or finding coverage through professional associations. Regularly review your financial obligations to ensure compliance and coverage.

Freelancing offers flexibility in choosing projects and setting your own hours, allowing for a better work-life balance. It provides the opportunity to work on a variety of projects across different industries, enhancing skill diversification and career development. Freelancers often have the potential for higher earnings and can work from virtually anywhere, providing a sense of independence and personal fulfillment.

To ensure a stable income in freelancing, diversify your client base to avoid reliance on a single source of income. Regularly update your skills to remain competitive and keep your portfolio current to attract new clients. Establish good relationships with clients for repeat business, and consider setting up retainers or long-term contracts to secure consistent work.

Alexander Weekes
Alexander Weekes
Rodrigo Donini
Rodrigo Donini
145 min
28 Oct, 2021

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Video Summary and Transcription

Freelancing myths debunked, rise of marketplaces and networks, importance of community and peers, flexibility and independence in freelancing, ample work opportunities, transitioning to freelancing, managing finances and setting rates.

1. Introduction to Freelancing

Short description:

I'm going to go ahead and get started. Thank you guys for joining this workshop. We will be doing a speed coding challenge. Take it as many times as you want during that 30 minutes. At the end, we will announce the winners. Now, let's dive into how to make freelancing work. Feel free to ask questions in the chat. Alex Weeks, a freelance project manager, will share his experience. He has worked on projects globally, with different technologies and industries. He will talk about how he built his freelance career. His life as a freelancer is immeasurably better in every aspect. Now, Rodrigo will introduce himself.

I'm going to go ahead and get started. So, hopefully everyone can hear me. If you cannot hear me, just let me know in the chat. And thank you guys for joining this workshop. It's going to be a really insightful workshop. It's going to be fun.

And then what we're going to do as you might have seen in the registration, we're going to take a break midway through the workshop. And we will be doing a speed coding challenge. This is a challenge that we have run globally. In fact, we just finished one. And it will be pretty self-explanatory. What you can do is take it as many times as you want during that 30 minutes. And you can even come up with your own ways to figure out how to have those questions answered faster. I'll just leave it at that. We have no constraints on this challenge.

So what we're going to do is, when we take a break, we'll start the challenge. There's a leader board. You guys, everybody can go on the leader board and see where you are. And the goal is, obviously, to come out in the top three. So at the end of the workshop, we will leave just a little bit more time in case you thought of ways to come up with making those answers faster. And then, via the leader board, we will announce the winners for the speed coding challenge.

So I'm Shane. And this is, and I'm here with two colleagues who are also, they are freelancers, full time. And they are going to talk about designing a sustainable freelance career. And I'm going to start it off. Hopefully, everybody in the workshop, you may or may not, I'm sure you've heard the term freelancing. I'm sure you've probably, you have colleagues that freelance, maybe you freelance yourself. But what we're going to dive into here is, how do you actually make freelancing work? And what kinds of things will you run into? And what happens when you decide that you want to freelance? And I mean, I guess the question is, why would you want to freelance? So I'm going to start it off first by saying, if anybody has any questions, please feel free at any time to just go into the chat, ask the question, and then I'll keep track, and we'll answer them. Either me or Rodrigo or Alex will answer them.

That said, I'm going to start off here with introducing. I'll let Alex introduce himself and Rodrigo introduce himself, so everybody knows who's talking. Go ahead, Alex. Thanks, Shane. So can everyone hear me? Or can you hear me OK, Shane? Yes. Yeah. Great. So as Shane mentioned, my name's Alex Weeks. I'm based in Bristol in the United Kingdom. I'm a freelance project manager. And I have been full-time exclusively freelance for coming onto 3 and 1⁄2 years now. I guess my profile on there says a little bit about the stuff I've done. But I guess most crucially, as a freelancer, I've worked on projects based in Australia, Asia, Europe, and the United States. I've worked with colleagues and other freelancers on all those continents, as well as Africa as well, and South America. So, globally, I'm proficient. And the range of projects I've worked on have been everything from peer to peer marketplaces, mobile apps, med tech, augmented reality. Actually, working on one now, starting one now, with NFT art creation on the blockchain. So, lots of different technologies, lots of different industries, lots of different continents, and countries, and cultures. And it's been a wild ride, and it's been exciting and interesting, and learnt loads and taught loads. But here I am today, I guess, to talk to you guys about how I built that career from working as a salary employee, and then a contractor, and then now a freelancer. A question for you, Alex, and I'm just going to ask this because I know some people might be wondering this. So, you previously, before freelancing, you were a full-time employee, correct? Correct. At a company? Yes. So, how would you compare how your life is today versus then? My life today is immeasurably better, in every aspect. As a freelancer, even if I take away the financial side of things. Everything else... I build... I do my work and I build my life around everything else in my life. So, it's all-encompassing. I don't work a nine-to-five. I'm not stuck at my desk. Even when I am working a lot of the time, I'm mobile. I'll be working actually off my mobile device or if I need to be somewhere, then if I'm traveling, I can stop somewhere, a cafe or Starbucks, something, and work there for an hour or so until the work's done. I can give... I'll give further examples, I guess, when I get to my section, but I would say, in every aspect of my life, it's better as a freelancer than it was as an employee. Okay. Thanks. And then, yeah, when you get to your slides, you'll probably talk more to that. But thank you. Rodrigo, go ahead and introduce yourself.

2. Introduction to Freelancing (Part 2)

Short description:

I can summarize my experience as a person and professional. I am a curious person who likes to learn new things. I have experience working with Top Towel for over five years. I am a WordPress developer and I am learning React. Before freelancing, I had my own web agency. Dealing with the various aspects of a company was stressful, so I decided to work for a global company. Now, let's talk about some myths about freelancing. The first myth is that it's not stable enough, but I believe it's a misconception. The second myth is that there's no real career path in freelancing.

All right. For sure. Can you guys listen to me well? Yes. Okay. Perfect. So, I can summarize my experience and what I am as a person and as a professional. I would say that I am, like, a huge nerd, as most of the developers are. So, I am a person that is curious about all the stuff I have around me, and I like to learn new stuff, new things. You will probably see that I have behind me a 3D printer, so I am enjoying these 3D prints a lot. So, I am building my own 3D printer firmware these days, and I can create my own stuff. This is only a small example of the things I like to do, but I love to work with wood as well, like make some other stuff that are not technological related.

Talking about work itself, I worked with Top Towel for more than five years. For me, it's a great pleasure. It's something like I normally say for all the people that ask me, it's life changing. As Alex just mentioned, we have a lot of flexibility in our lives and we can improve ourselves in various many ways. Yeah, I think basic, it's that. Actually, I am a WordPress developer and I am learning React. We are just talking before start this event. So the WordPress has a lot of React inside of it these days and I am learning these things. But I worked with WordPress for I believe almost 10 years and yeah, I'm very involved with the entire WordPress community around the world. I speak at any, like as many WordCamps I can, of course before the COVID situation. But yeah and I live in Brazil, so that's why you probably noticed my accent is a little bit different than a normal English native speaker. But yeah, I think this is briefly summary about me. Thanks, Rodrigo.

Question. Before you went to freelancing, did you also have a full-time job at a company? Yes, I used to have like a full-time normal engagement with a company. But before starting freelancing, I have my own agents. So it's in a small web agents where I have some kind of clients. But that thing is terrible because I have to deal with a lot of aspects of a normal company. It's not only like deal with my technical expertise. I need to be like a little bit of interpreter. I need to employs clients. I need to find clients. I need to find a lot of stuff. And that thing make me a huge stress on my life to be honest. That came to a point that I decided to give up and try another thing. So I put on the balance what are the knowledge I have? What are my skills? And then I discovered that I know to speak English. I have like a huge technical experience. Why do not work for a global company? So here I am. Yes. Okay. That... Thank you for that, thanks. Appreciate it.

Okay. So... Oh, thanks. Thank you, Marty. Let's see that, that's awesome. Cures had to be a... Okay. Well, we will answer that for you, Marty. Definitely. So the first thing I wanna do, everyone, is just go through quickly. Some of the... Some of the myths that are out there about freelancing. And what I did, is I pulled our freelance community. And then, Alex, Rodrigo, you could chime in if there's anything I missed here as well. Again, anybody else, if you've heard myths that... And I guess I call them myths. I just... If you've heard anything about freelancing. So, the first thing we hear a lot about all the time is that it's not stable enough. We did a poll recently and a lot of people said, well, I don't wanna consider freelancing because it's not stable. I think there's a myth around that because you think you're on your own and you're out there trying to find work. And it's different than at a job where it's always there. So, that's a top concern on people's minds is stability. The second concern people had is no real career path. So, people didn't feel that when they were freelancing they had an actual career map. They didn't know where they were going.

QnA

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