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Hi All, I recently found a helpful way to earn some extra money without putting in too much effort. Focus groups are a great side hustle to do in your free time. I’ve been using L&E Research to find and apply to new studies. Hope this helps! Here’s a link to the site: https://participant.facilitymanagerplus.com/ParticipantSignup.aspx?ref=c5b6054e-3605-4b42-b312-d927c6c8d8b1&s=4
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I didn't even know this existed. How is this possible... Haha
It does! You have to dig a little bit more! A lot of companies are moving into contract work.
As someone that spent most of my career in account management and fell into freelancing i will say its possible, roles are not as readily available as creative freelance roles but they are out there. I will say you get more freedom, you need to versatile and flexible because you may need to pick up work that is not sexy but can pay the bills (Ex: I am acting as an Experiential PM at my current gig), its not as common to find true account roles, I find that often companies need help with pieces, like writing client decks or project management. And you have to hustle, network to find the gigs and network once you have them within the company. Happy to chat with you if you would like.
Thanks! That is what I heard. In the beginning, it might be challenging, but later it gets easier once you develop a relationship with the clients.
One of the key benefits of freelancing is that you get to choose your own workload. With no boss hovering over you, you can choose to work as much or as little as you want.
Unrealistic expectations at work and the lack of boundaries have seen many a full-time worker burn out. However, as freelancers, we have much more control over workloads and can create a work-life balance that best suits our needs.
Thanks! I keep hearing that! I would like to know the path I can follow, so I'm not struggling midway.
The pros of freelance account management include the opportunity to work with different clients, the flexibility to set your own schedule, and the potential to earn more money. However, the cons are the need to find your own work, an unstable income, and a lack of benefits. On the other hand, working for one company offers security and benefits but may limit your professional growth and creativity.
Thanks so much for sharing! Are you happy with your choice to freelance?
While freelance account management allows you to work with a variety of clients and be in control of your schedule, it can also be challenging to secure a steady stream of work and benefits. In comparison, working for one company provides a stable income and benefits but can be less flexible and limit your exposure to different industries and clients.
I did a bit of both - loved the flexibility of freelance and being able to pick and choose. Toughest thing is drumming up business + keeping up a steady pipeline of work. That's when I miss the 9-5 - it's soul-crushing but at least it's stable money
I get that! I feel like it's my greatest hesitation when I consider venturing into freelance waters.
You don’t usually get to choose your boss or your teammates at a traditional job. So if you dislike working with them, you can’t really do much about the work environment apart from changing jobs. One of the major pros of freelancing is that you get to choose who you work with.
Thanks! I'm looking forward to giving it a try!
I think one of the biggest pros in freelancing is time flexibility. Freelancing allows you to set your own flexible schedule. Whether you want to work 9:00 a.m. to 5:00 p.m. or 2 pm to 10 pm—it’s up to you.
I'm preparing myself to be more discipline! Sometimes I lack motivation. Please send any tips this way.
One of the cons is when you’re a freelancer, you work for yourself so you forgo these benefits. You will need to organize and pay for your own health insurance. However, the flexibility of freelancing means that you have more control over your own time off (make sure you take it!), and you can pursue the professional development opportunities that will benefit your business at your own pace.
Thanks! I have been doing some numbers to see how feasible it is to go as a freelancer!
In addition to the list above, another con is that your earnings may fluctuate. Your workload may be inconsistent in the early days of building your freelance business. Sometimes when it rains, it pours and you may have multiple projects on your plate. At other times, you may not have much work at all. This fluctuation in cash flow can feel like a huge negative for newbie freelancers.
That is something I'm scared of! I don't know how much I would need to save to pass those initial tough times.
You could feel isolated at work as a freelancer. Working from home and working with clients from around the world is undoubtedly one of the best perks of freelancing. However, the downside of this is that working from home can sometimes make you feel isolated, as well.
I don't think I will have that problem! I didn't like my coworkers in my previous jobs.