The internet has been a boon for freelancers of all kinds: designers, writers, computer programmers, etc. While there are many websites that broker freelance contract work, two of the most prominent are elance.com and guru.com. However, before you quit your day job and dive in to the exciting and challenging world of freelance, there are a few things you should consider first:
Expect to start slow. Remember, clients choose their freelancers based on their online reputation (this process is similar to the rating system used on eBay). At the beginning, you will not have any reputation, so you’ll want to bid low and work extra hard, delivering a product that’s probably worth a lot more than you paid for, so as to insure that you’ll get good ratings. This is parallel to a startup factoring in advertising and promotional costs. Regardless, the net effect will mean less money for you, at least at first.
Find a niche. While the money can be plentiful for freelancers, so is the competition. You are almost certainly going up against other experts in your field from all over the world, and some of them inevitably come from developing nations with much lower living expenses. There is no way you can undersell everyone. Instead, focus on what makes you special and valuable, and cultivate a niche marketplace for what you have to offer. If you work in a specialized field, for example coding a particular computer language, search for freelance websites that only focus on your skill, which will bring you into a niche network much faster.
Don’t put all your eggs in one basket. No matter how good a thing you have going on one site or with one client, always try to diversify over different sites or even different kinds of media. Maintain a good website, blog, or about.me site where a potential client can see all of your activities in one place.
Photo © clarusvisus – Fotolia.com

Recent economic studies prove what many people are seeing all around them: traditionally middle-class jobs in manufacturing and office work are rapidly disappearing to outsourcing and computerized systems. While there is a miniscule uptick in highly skilled work such as technology engineering, much of the workforce is being pushed into the service sector. Whereas manufacturers such as GE and GM used to be the largest American employers, they have long since given way to service companies like Wal-Mart and Target, which now employ more Americans than an manufacturer. As the recession eats away at positions requiring higher levels of education, stories are appearing in the news of Target managers working for $12 an hour who were previously employed as administrators or architects with six-figure salaries.
Regardless of your line of work, productivity is the simplest measurement of your workday. Here are two helpful tips to get more done in less time:
The jobs trends website payscale.com just released their list of the cities with the highest wage increases in the fourth quarter of 2011. Here are the cities that topped the list:
I could never learn all the skills it takes to run a business. The truth is actually somewhere between “Yes, you can,” and “You actually don’t have to.” The reality is that online trainings are often free or extremely affordable, and you can learn almost any skill on your computer, iPod, or TV these days. Additionally, there are many time-consuming tasks such as bookkeeping and tax preparation that can be accomplished either by hiring a local expert (or “outsourcing” the work you trust to a site like guru.com or elance.com) or by purchasing special software to assist you. These arrangements must be factored into your initial budget, but they will pay off very quickly by saving you time to focus on the skills you are best at.
Starting your own business makes you more vulnerable financially. When you have a steady job with a regular paycheck, it’s tempting to thinking that the entrepreneurial route is much riskier. While there is a certain amount of truth in this, the brutal facts of today’s economy is that no employee is 100% secure in a salaried position. Even high-level executives are only a “you’re fired” away from having to look elsewhere. As an entrepreneur, you do assume more risk, but you also assume a much greater amount of control, so much that it often puts you in a more secure position than working as an employee. Also, being the head of your own company allows you to move the company’s money around, meaning that you can grow your business during the good times and shift more revenue into salaries during lean times, a luxury that employees never have.
While most people warn to avoid dating your co-workers like the plague, a recent survey from Glamour shows that almost 41% of Americans have been involved in some sort of romantic relationship with a co-worker. This high number is understandable – after spending so much time with your co-workers, it’s only natural that you find you have a lot in common.
Within an office environment, there are many types of relationships. There are the bosses that you can barely stand to sit through a meeting with, and those whom you don’t know what you would do without. If you’re particularly close to one of your superiors, stop and consider whether he or she is a mentor or a crutch. A mentor is somebody who will help you to succeed based on your own merits; whereas a crutch tries to help you by taking care of things that you feel unconfident about. If you find that you have a friend who you go to for help with every little problem, you may be hurting your career by your overdependence.
If you’ve been trying to have a child, finding out that you’re pregnant is a great feeling. Unluckily, it may provoke some less-than-ecstatic feelings in your co-workers. Whether they assume that you’ll turn in to a weepy bundle of pregnancy stereotypes or are worried about having to cover for you during attacks of morning sickness, it’s important to manage your pregnancy such as not to put any undue burden on your co-workers and boss.
It’s been a productive 2011 for you, and your performance review was all congratulations and slaps on the back. But did you come out of that office with a promotion, bonus, or raise? If not any of the above, here’s how to turn those congratulations to cold hard cash.