Meet Rahul. He is an IT engineer who feels stuck at his 9-5 corporate job. Every day he spends some time browsing social media and sees beautiful workcation pictures that some freelancers and digital nomads post from exotic locations. Rahul feels worse and sulks at his mundane job, wondering if he should jump into freelancing too.<\/p>\n\n\n\n
Meet Avni. A fresh college grad still figuring out what to do in life and how to shape her career. Her best friend is a freelance designer, and she earns a lucrative sum of money by working a few hours a day. What’s more, she also has time for her hobbies. Avni is still considering exploring freelancing. <\/p>\n\n\n\n
And this is not just the story of Rahul and Avni. The gig economy is booming, and the freelance revolution is starting. While there was already an informal pool of freelancers for a long time, the pandemic and subsequent job losses have pushed more people to embrace freelancing. As per an ASSOCHAM report, \u201cThe US leads the race with 53 million independent workers. India has 15 million freelancers with its gig economy workers increasingly gaining independent contracts in industries like IT and programming, finance, HR, and design.\u201d\u00a0<\/p>\n\n\n\n
But freelancing is not all as rosy as it appears to be. It has its share of cons and challenges too. So, if you\u2019re planning to jump on the bandwagon anytime soon, here are some of the freelance realities that no one tells you upfront. Give it a read, and thank us later. <\/p>\n\n\n\n
Check out how AI is impacting freelancing<\/p>\n\n\n\n