The pros and cons of freelancing

The 42 million freelancers in the United States make surprisingly good pay, but also have to contend with a ‘feast or famine’ cycle.

Some of my friends in marketing, PR and journalism who—through one set of circumstances or another—were rendered jobless in the last few years did a sort of rebranding that I find admirable. Instead of “unemployed,” they labeled themselves “freelancers.” As a more-than-occasional freelancer myself, I applaud that move.

I’ve learned several things over the last eight years of freelancing—when it’s supplemented my income or comprised its entirety.

When people ask me about it, I tell them the truth: Sometimes you feel like a bill collector, but the hours are great. Unless you’re willing to scratch and compromise for every dollar you make, freelancing is probably not for you.

The infographic below says there are 42 million freelancers in the U.S. They’ve summarized pretty clearly what it means to be a freelancer today—the pros and cons. Take a look and tell us your freelancing tale in the comments.


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