If you're just starting out as a freelancer, you sure want to find the right entry point into the most lucrative career path, right?
Many new freelancers think so. And it makes sense, doesn't it?
But it's much more complicated than that. Just because one skill is more in demand or pays better than others doesn't necessarily mean it's the best way to go.
There's a reason why some writers on Fiverr get paid $5 to write a 1,000-word article, while others get paid $100 for the same job elsewhere.
A good salary depends on your skill level, experience and the quality of your work.
However, it's also important to know your market and see what types of jobs and skills pay the best so you can start learning a new skill or plan a future freelance career.
Here are some of the best skills that pay the most.
1. AI Ads Engineer
This is one of the newest jobs that is seeing a rapid rise in the freelance markets.
Rapid engineering is all about writing tips for AI (artificial intelligence) tools to do the work for you. As a notification engineer, your job is to control these tools by typing the right notifications or issuing commands to get the most out of the AI tools.
For example, popular AI tools like chatGPT will likely do this.replace most jobssoon on this list. You can already write articles, code, create websites and much more. But it still needs people to work. You need to write a message to give commands to chatGPT to get the correct results. That's what writing prompts are all about.
Freelance job sites like Indeed and SimplyHired already have dozens of quick jobs for engineers paying upwards of $100,000 a year.
It's a relatively new job category, so there are still very few jobs in popular markets. But keep an eye on that skill this year. It will be one of the most popular jobs in the near future.
2. Programming and software development
(Image credit: Chris Goodney/Bloomberg)
Meet James Knight, a programmer who left a lucrative job at Google to pursue a freelance career. Now it's renewed$1,000 per hourworking as a freelance developer.
Well, this article is a bit out of date and there are freelance programmers making over $1000 an hour these days.
Programming jobs, especially software development and mobile apps, pay more for freelancers. Just because it's a very difficult skill to master and there aren't many good programmers out there. Therefore, the demand for good programmers is quite high.
If you want to earn an income like James, start coding. And I don't mean learning from free courses on CodeAcademy or Udemy. They'll just walk you through the basics. You need to invest some money and time in learning and practicing to develop the right programming skills.
Of course, you can't immediately charge $1,000 an hour. You must build your reputation gradually. If you have strong skills in programming languages like iOS and WebGL, you can start getting paid somewhere.$150 per hour, or more.
mar aUpWork surveyBitcoin developers are also in high demand. Most bitcoin developers make over $200 an hour.
3. Social video marketing
In an unexpected twist, a new skill is born: "Social Video Marketing". Capacity was ranked third by UpWork for the second quarter of 2019.fastest growing skillsList. And for good reason.
A quick search on the platform revealed that this feature is paying marketers upwards of $150 an hour.
No wonder this skill is in high demand. Especially given the rise of video content marketing. Booming social media channels like TikTok, Instagram video and YouTube will keep this skill relevant for years to come.
If you have the skills to create video content, optimize for SEO, and engage audiences with new marketing ideas and strategies, this skill will help you land many of the jobs that are coming up.
4. Web Design and Development
AfterUpWork's Most Wanted SkillsWeb design is ranked number one most in demand for 2022. In second place is WordPress.
The demand for web designers is huge. But it's worth noting that the freelance web design industry is pretty crowded right now because it's easy to learn web design and start coding websites.
The best strategy to succeed is to find a niche in this space. For example, Jonathan Wold turned$5,000 per monthBuild websites with WordPress and make minor theme tweaks. You can probably make more money by providing the right services to the right customers.
5. Writing and Content Marketing
Thanks to the emergence of online marketing trends and the development of new methods such as inbound marketing, content writing is being considered.one of the hottest fieldspara freelancers
You don't have to go anywhere to find evidence of how well freelance writers are doing. Take me for example. I will turn right away$5,000 per month(most months at least) Business blogging, writing, and content marketing work. And I know there are other freelance writers out there who earn a lot more.
Although not everyone can be an experienced writer. You have to write, read and practice a lot. Most importantly, you need a creative mind to write great articles that pay well. Your MA in literature and A+ writing skills from college won't come in handy if you're working online either.
the best would betake some online coursesand learn to write for an online audience.
6. Graphic Design
Graphic design ranks 10th on UpWork's list of most in-demand skills for 2022. But it's still one of the best jobs to earn a steady income.
If you look at your best freelancers among thegraphic design category, you will see some freelancers compensating$85 an hourto do the design work.
Infographic design is most in demand these days. Logo design, icon design, and illustrations also pay very well. But just like content writing, to become a good graphic designer you need to develop an eye for design.
7. Publisher
Copywriters are different from marketers and content writers. These freelancers specialize in writing content for websites, product descriptions, services, and so on.
Copywriter fees depend on each freelancer's experience and skills.Linda Formichelli, an experienced freelance writer, makes$250 per hour.
If you look at UpWorklist of best writers, you will find that they carry between$25 per hourA$100 per hourfor editorial work.
8. Video editors
Freelance video editors in the US earn more than$81,000 per year, while more experienced video editors manage about$105,000 per year.
The demand for video editors in the freelance industry has increased dramatically in recent years, thanks to the opportunities offered by platforms such as YouTube, Facebook and Instagram.
If you are good at composing music videos and creating amazing video content, then this could be a great future-proof career.
9. Social media manager
Social media marketing is number onemost requested skillin UpWork's Marketing category.
Social media marketing is an important part of brand and business marketing strategies. Almost all businesses from small local coffee shops to big corporate brands are now using social media to promote their products and brands.
This opened up a huge opportunity for freelancers when most of these brands and companies started looking for people to manage their social media channels for them. Now it's an industry of its own.
Earnings for US social media managers range from$46,000 a yearbis$72,000 a year, afterLohnskal. A quick LinkedIn search revealed more.9,000 job resultsonly for US social media managers and 2000+ jobs in India.
some kind advice
Most freelancers are always looking for get-rich-quick opportunities. Perhaps all the stories about billion-dollar startup takeovers and people quickly making millions from smartphone apps are starting to ring in their heads.
As a result of the media frenzy, they don't see the valuable message hidden in all these success stories: it takesHard workEarn money.
It took Mark Zuckerberg almost 5 years to make Facebook a success. He didn't even make money from the platform in the early years.
The moral of the story is don't try to pursue a professional career just because it pays well. If you want to earn a steady income and survive as a freelancer, choose a job that inspires you, a job that inspires you every day, and a job that challenges you to learn something new every day.
That passion and burning desire within you will drive you to improve and hone your skills, leading you to earn more than ever before.
Also learn to be patient. Because it will take time before you start to have a stable income. And remember, you only have to work hard for a short period of time. Then it becomes like a walk in the park.
I also recommend that you read myhow to start working as a freelancerGuide. And check them out toohow to learn new skillsGuide.
Did you find this article useful? Then you should see my book.Independent like a professional. Contains 21 lessons and 5 secrets from my freelance career to help you supercharge your freelance journey.Click hereTo know more.
FAQs
9 Highest Paying Freelance Jobs for a Regular Income? ›
You can also make money by freelancing as a side hustle! Freelancers are typically paid on a per-job basis. The faster you finish a job and the more jobs you take, the higher income potential you have. Many different platforms offer freelance work, and Steady and FlexJobs are the best to use to make $10K a month.
How to make $1,000 a month freelancing? ›- Fiverr. Fiverr is a great way to monetize just about any skill you have. ...
- Upwork. If you're looking for long-term projects, Upwork is a great option. ...
- Craigslist. ...
- Taking online surveys. ...
- Renting out a room on Airbnb. ...
- Selling handmade goods on Etsy.
- Full stack development. Full stack developers are trained in building both the front and back end of a website. ...
- Mobile app development. ...
- Web design. ...
- UX/UI design. ...
- CMS development. ...
- Manual testing. ...
- Script and automation.
You can also make money by freelancing as a side hustle! Freelancers are typically paid on a per-job basis. The faster you finish a job and the more jobs you take, the higher income potential you have. Many different platforms offer freelance work, and Steady and FlexJobs are the best to use to make $10K a month.
Is $50 an hour good for freelance? ›"One-third of U.S. freelancers on Upwork earn at least $50/hour, which would put them in the top 10% of U.S. wage earners overall." The study, which drew on Upwork's database of 5,000 skills across 70 categories, ranked top skills according to the hourly rates charged by U.S. freelancers from January to June 2019.
Which jobs are most demand for freelance? ›- Web designer or web developer. Every business needs a website, and good web designers are in high demand. ...
- Graphic designer. ...
- Teacher. ...
- Virtual assistant. ...
- Freelance writer. ...
- Editor. ...
- Accountant/financial consultant. ...
- Social media specialist.
- Become a Food Delivery Driver. Take Online Surveys. Earn Cash Back Shopping. Run Facebook and Instagram Ads. Deliver Groceries. ...
- Cancel Your Subscriptions. Rent Out Your Car. Make Money When You Buy Gas. Start Freelancing. Get a Part-time Job. ...
- Start Pet Sitting. Babysit. Negotiate for a Raise. Flip Furniture.
- Start Dropshipping with Shopify. Have you ever heard about dropshipping? ...
- Offer Freelance Writing Services. ...
- Start a Bookkeeping Business. ...
- Open a Custom Pins Shop Online. ...
- Start Affiliate Marketing with Clickbank. ...
- Start a Blog. ...
- Sell T-Shirts through Tee Spring. ...
- Start a Web Development Business.
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $117,500 | $9,791 |
75th Percentile | $80,000 | $6,666 |
Average | $68,924 | $5,743 |
25th Percentile | $41,500 | $3,458 |
One of the best ways to work that gig hustle is to network like a pro. The truth is that it is possible to earn a good living as a freelancer if you're willing to put in the time and energy to make it happen.
How do I get my first freelance job? ›
- Prioritize Experience over a Paycheck. ...
- Consider Your Existing Skills. ...
- Create a Website. ...
- Lean on Your Network. ...
- Meet with a Fellow Freelancer. ...
- Know Where to Search. ...
- Understand Your Chosen Industry.
- Choose a Niche. ...
- Get Clear on Your Service Offerings. ...
- Define What Your Ideal Client Looks Like. ...
- Create a High Quality Portfolio Site. ...
- Start Freelancing Before Your Quit Your Day Job. ...
- Level Up Your Skills. ...
- Build Your Credibility. ...
- Determine Your Pricing.
There are numerous benefits to freelancing. You pick your own hours, you are your own boss, and you get to choose the type of work that you do each day. Plus, if you find a good niche, you can make large amounts of money in short amounts of time. That means it's possible to become a millionaire.
How to quit 9 5 and make money? ›- Create a plan to leave your job. The first step of transitioning from a nine-to-five job to a new job is creating a plan. ...
- Set goals. ...
- Research alternative jobs. ...
- Plan your work hours and pay rate. ...
- Make the transition.
What is the 1000 hour rule? According to the Employee Retirement Income Security Act (ERISA), employees who work a thousand hours or more in a year are entitled to the same kind of standard retirement plans offered to all of the employees at a given company.
How much is $250 an hour annually? ›If you make $250 per hour, your Yearly salary would be $520,000. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.
What is a fair freelance rate? ›General figures. According to the Payoneer survey, which covered 150 countries and over 7,000 freelancers around the world, freelancers on average make $21/hour. Freelancers around the world charge the following hourly rates: up to $5 - 16%
Which freelance website is best for beginners? ›- Upwork.
- Fiverr.
- Toptal.
- People per Hour.
- Freelancer.com.
- Guru.
- Communication. Communication skills help freelancers consult with clients on project requirements, like deadlines, materials and content. ...
- Negotiation. ...
- Industry knowledge. ...
- Marketing. ...
- Graphic design. ...
- Creativity. ...
- Project management. ...
- Empathy.
Many people assume that freelancers couldn't pull in a six-figure salary. However, that isn't the case. By freelancing, it's possible to earn $100,000 per year or more by using the right strategy. If you're wondering what approach is best, here's what you need to know.
Do freelancers make good money? ›
Another big upside to freelancing is the higher earning potential. You can typically charge companies a significantly higher hourly rate versus their full-time employees because they're not paying for your health insurance, retirement plan, or any other benefits.