Earning money as a freelancer to work can offer a level of freedom, flexibility, and autonomy that other jobs simply can’t. While the most popular freelance roles in recent years have largely centered on web development, content writing and marketing, data analytics, and copy editing, many freelancers might be wondering what’s next for the gig economy.
We’ve seen the rise of working from home during the pandemic change how people work and where they work—and even though things will likely begin to shift back to more traditional roles as vaccinations go up—the effect this has had on the workforce is unlikely to disappear entirely. So if you’re curious about where you can take your freelance business next, I’d suggest looking ahead at these six exciting ways you might make money in 2022:
Become a translator.
Translation is another way to make money as a freelancer. In fact, it’s one of the most common ways that freelancers make their money.
If you’re bilingual or trilingual, translation can be a great way for you to earn cash from your skills. It’s not uncommon for freelance translators to charge between $0.02 and $0.08 per word of translation—and even more if they have specialized knowledge (like medicine, law or finance). If you’re good at languages and have some experience with translation work already, this might be an excellent choice for you!
Translators often work remotely because many clients are located outside the United States and need someone who can communicate in their native language(s) with little difficulty (or at least less difficulty than what they would face when attempting communication directly). Translators also don’t necessarily need special equipment like video cameras or headsets—they just need their phone or computer! This means that translating can be done from home without any extra costs involved in renting out office space, either part-time or full-time.
Don’t overlook the gig economy.
The gig economy is a great way for freelancers to make money, but it’s not the only choice. There are plenty of other things you can do for income that don’t involve doing random tasks on the side. You should consider all your options before you start building your career as a freelancer and signing up for Uber rides in your spare time.
It’s important to note that “gigs” are not permanent jobs—you’ll be hired by someone or something (like an app) and then paid by them until they no longer need you, which could be days or months later depending on how often they use your services. And while some gigs are part-time, so they’re more flexible than full-time jobs would be, most gigs aren’t steady enough to sustain someone who needs regular income and health insurance benefits like many full-time workers do.
Start a virtual summit or conference series.
The first tool you’ll need is a virtual meeting space. You can use Zoom or Webinar Jam to host your event, but there are other options as well.
Next, you’ll want to figure out what the content of the event will be. Will it be a one-off event or part of an ongoing series? Are there specific topics that interest you and your audience? Who would make good panelists or speakers at such an event? How much time should each speaker have to speak? What kind of questions do you want attendees to ask speakers during Q&A sessions (if applicable)? Will any special guests from outside your network be invited to participate in this summit or conference series?
Once all these details are ironed out, it’s time for marketing! Build a landing page that promotes the upcoming summit or conference series on your website and share it on social media channels like Twitter, Facebook, Instagram and LinkedIn. Create an email list by offering something free in exchange for people giving their contact information—for example: “Sign up here if interested in attending my upcoming virtual summit.”
Tap into eCommerce.
One of the best ways to make money as a freelancer is by selling products on the internet.
There are a lot of different ways you can do this, but we’re going to focus on drop-shipping, which is one of the most popular and effective methods out there.
Drop-shipping involves finding wholesale suppliers who sell items at discounted prices, then listing those items online at your price and shipping them directly to customers when they purchase them. You don’t have to worry about storing inventory or managing orders—you just need a website where customers can buy what they want!
Drop-shipping is great because it lets you increase your profit margins without having to set up any infrastructure yourself (i.e., warehouses). All you need at first is an eCommerce platform such as Shopify or Volusion, which will handle all aspects like processing payments while also giving you access to tools like Google Analytics so that over time you can track how well certain listings sell compared with others
Become a YouTuber or TikTok creator.
If you’re the kind of person who likes to make videos and share them with everyone, then becoming a YouTuber or TikTok creator is an obvious way to earn money.
While there are plenty of platforms out there that can help you make YouTube videos, such as Screen flow and Camtasia for Mac; if you’re looking for a free option, try Animoto.
Animoto will let you create beautiful videos from scratch or by adding your own photos and music. It’s simple enough that anyone can do it in just a few minutes—and once your video is finished, it’ll be ready to share on your social media accounts!
Build an online course or training.
If you’re a freelancer, whether you’re looking to make some extra cash on the side or build up a more stable full-time income, one way to do it is by building an online course or training.
You can monetize it through selling the course on your own website and/or selling the course on platforms like Udemy or Skill share.
The opportunities for freelancers to make money in the coming decade are endless. And with so many ways to earn, it’s never been easier for freelancers to diversify. Even if one stream of income dries up, you can always fall back on another Zonas Online Shopping. It’s a win-win scenario: As you spread your risk across multiple revenue streams, you also create an opportunity for exponential growth as your business scales up.