The Impact of Freelancing: Facts and Figures

THE IMPACT OF FREELANCING: FACTS AND FIGURES Freelancing In 2020, Freelancer IN 6 Americans will be older than 65, but they won't be "traditional" seniors as they will continue to work part or full-time Earnings Lifetime Earnings = $951,959,010 (in USD) $290M $260M $230M $200M In 2013, there were $170M $140M BEEE 3,092,762 $110M $80M registered freelancers 2008 2009 2010 2011 2012 2013 TOP 5 COUNTRIES (REGISTERED FREELANCERS) UNITED KINGDOM (109,645) PAKISTAN PHILIPPINES UNITED STATES (153,885) (151,542) (954,738) INDIA (549,696) TOP 5 United States $241,587,712 India $230,466,284 Pakistan $55,059,645 COUNTRIES (EARNINGS) Ukraine $54,025,839 United Kingdom $26,878,418 Freelancer's Attitude Work Location 72% of those still at “regular" jobs want to quit to be entirely independent -Home 56% 20% -Private Office 11% 11% Open Workspace Drop-in Co-work Space Freelancing was seen as providing more FREEDOM TO: Work wherever they like they like Work whenever Work on more interesting projects Travel while working Freelancer Demographics BENEFITS OF BEING A FREELANCER Designers (20%) Writers (18%) More flexibility in their schedule Editors/Copyeditors (11%) Variety in work Being your own bosS Copywriters (10%) Ability to work from anywhere A Translators (8%) 71% 29% female male Ability to make your own decisions <> Web Developers (5%) Freelancer Challenges Finding Clients Breaking out of Getting paid the feast-or- famine cycle Maintaining High Productivity Competition Maintaining work/life balance on time are now earning more than they did as an employee in of freelancers the same field 38% 53% 30% of freelancers work more than 40 hours per week spend five hours or less per month on self-promotion BUSINESS CARD http://www.amazon.com/Freelance-Writing-Jobs-Opportunities-Beginner-ebook/dp/B00GN8KCMY/ RESOURCES: https://www.elance.com/trends/talent-available/geofGeoRanking http://www.slideshare.net/oDesk/millennials-and-the-future-of-work-survey-results http://www.businessinsider.com/americans-want-to-work-for-themselves-intuit-2013-3 https://s3.amazonaws.com/ifdconference/2012report/Freelance+Industry+Report+2012+updated.pdf https://www.odesk.com/info/about/press/releases/ground breaking-survey-reveals-rise-freedom-seeking-freelancers-and-redefinition-entrepreneurship/