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3 Special Experiences Brought by Freelancing｜You Should Try It At Least Once in Your Lifetime!
For many, the term "entrepreneurship" embodies dreams and passion. The startup stories of Apple, Google, and Tesla have become epics and legends of our time, akin to the clarion call of adventure, urging the brave to embark on risky ventures. However, among the millions of workers in Taiwan, only a minority ultimately choose entrepreneurship. For most of us, even after graduation, we opt to join companies to utilize our skills. However, today, I want to persuade you of one thing: even if entrepreneurship isn't your choice, I still recommend trying freelancing or earning some extra income outside your regular job, at least once. Because it will bring you many unique and interesting experiences, some of which could even pave the way for your future career. 1. Experience of Flying Solo There's a documentary about Air Force pilot training called "Taiwan's Elite Warriors :Fighter Pilot", which I highly recommend. Regardless of how many flights rookie pilots take under the guidance of instructors, they must ultimately pass the test of "solo flight" to become true pilots. Many professions are similar. For instance, a surgeon can only truly become a proficient doctor when they can operate independently. It's like when we were kids learning to ride bicycles; no matter how stable our rides were with training wheels, it wasn't until the day the adults removed them that we could proudly say, "I can ride a bike!" Similarly, even if you always accomplish your missions at work, have you ever wondered, if you didn't have a boss or supervisor guiding you, could you solve a problem from start to finish or produce an output? I suggest you frequently ponder this because more and more companies are particularly interested in whether job applicants have the ability to "work independently" or even "make independent decisions," which has almost become a standard interview question. Unless you never have to look for a job again in your life, you'll have to prove to others that even without an "instructor" or "training wheels," you can still independently create value. My first freelancing experience was being a lecturer for a company. At that time, I had experience giving lectures within the company to my colleagues. Later, a friend asked me to give lectures to the employees and the boss of a small company. I thought it wouldn't be a big deal, just revisiting my previous PowerPoint presentations, but after agreeing, I realized that when I used to give lectures within the company, everything from timing, location, venue equipment, attendees, notifications, and tracking results was arranged by supervisors and colleagues. The learners also knew each other well. Many "invisible" tasks and responsibilities were taken care of by others. It wasn't until this freelancing gig that I truly felt the thrill of "flying solo." Despite the immense pressure, I grew immensely. Nowadays, many companies require job seekers to have the ability to "work independently," especially for positions involving "remote work." If you have had several successful experiences of freelancing independently, it can definitely serve as a strong testament to your capabilities. 2. Experience of Market Value I remember my first freelancing gig as a lecturer, where I charged an hourly rate of NT$ 4,500. For someone under 30 years old with no professional teaching experience, this was quite high. After successfully completing the project, I realized: People are willing to pay NT$ 4,500 per hour for my time! I quickly compared this to my hourly "rate" at the company, which was only a little over NT$ 200.NT$ 4,500 compared to NT$ 200, a difference of 22.5 times - this stark contrast left me astonished! This led to a new realization. I thought, if I have a market value of NT$ 4,500 per hour, why would I accept a company's hourly wage of just over NT$ 200? You might think, NT$ 4,500 per hour gigs aren't available every day, but the company's monthly salary is stable! But what's more important, I believe, is that by working at the company, I'm "earning less" byNT$ 4,300 per hour. So, I must "earn it back" from elsewhere; otherwise, working in the company would be too costly! How do you "earn back the difference"? Certainly not by stealing office supplies or tea bags! It's by diligently learning skills, accumulating experience and contacts, obtaining these intangible yet valuable company resources, so that in the future, there's a better chance of selling yourself for NT$ 4,500 or even higher per hour. So, I would suggest trying freelancing independently to understand how much you're worth from the perspective of the market? This way, the next time you complain about low company salaries or aim for a higher pay, you'll have more confidence! And when you plan to switch jobs, you'll have a more precise understanding of your market value! 3. Experience in Business Operations Working in a company, especially in highly specialized roles in large corporations, often creates a sense of dependence. Because each of us only does our part, and there's often an SOP to follow, we can become mere cogs in a big machine, losing our ability to solve problems and be creative. If being a little screw all your life brings you happiness, that's fine. But in this era, where companies have shorter lifespans, and entire industries rapidly decline, if you're a young person under 40, you must think carefully about how to support yourself and your family in the future. Although Taiwan's legal retirement age is 65, in recent years, people in their early 50s have trouble finding jobs, and there are more and more "retirees." If these "old screws" have the ability to operate a small personal business independently, wouldn't that provide more career security? In recent years, I've seen many seniors around me who were high-ranking executives in companies, receiving retirement benefits, wanting to start small businesses (usually cafes or food stalls), but most of them failed. "I led hundreds of people in a listed company, expanded business globally, why would opening a small coffee shop be difficult for me?" However, "professionalism" and "entrepreneurship," though only differing by a word, are entirely different games. Being good at management is going from 1 to 100, while starting a business is going from 0 to 1. There are too many different know-hows and challenges between the two, being proficient in one doesn't guarantee an easy transition to the other. Therefore, for office workers within the stable framework of a company, if you can allocate some extra time to try "freelancing," experience the feeling of going from 0 to 1, face the market alone, and take on the new role of "principal and bell ringer," you'll be building strength for your career. Even if you face career risks in middle age, you'll have more chips to deal with it. Conclusion Most office workers, when they hear "freelancing," first think of "earning money," and if the money isn't much, they lose interest. But what I want to say is, even if you're not interested in earning extra income and have no intention of starting a business, just want to be a professional office worker, the rare experiences brought by freelancing, such as "flying solo," "market value," and "business operations," will help build excellent assets and moats for your career, making it worth trying when you have some free time! -- Follow the Digital Nomad Facebook fan page and stay updated with more recent articles on Instagram (＠digital.nomad.press)！
February 27, 2024
The Downsides of Digital Nomadism! 3 Real Challenges You Should Know
Leaving the office behind and taking only your computer, the world becomes your workspace. This digital nomad lifestyle has long been an aspiration for many, offering a blend of work and life where individuals no longer feel like cogs in a machine but instead have greater control over their lives. But did you know? Many digital nomads eventually choose to return to conventional workplaces. There's a plethora of struggles shared by digital nomads online, shedding light on the reality of their journey, which might not always align with the romanticized image. If you're considering embarking on a digital nomad lifestyle, it's worth understanding the three main challenges frequently encountered by digital nomads. 1. Long-Term Career Development Before diving into digital nomadism, your first thought might be about your career. Planning for long-term career development has long been a concern for those interested in committing to the digital nomad lifestyle, and perhaps it's the most crucial issue. If you have a clear career plan and are still an employee of a company, merely offering your expertise through remote work might alleviate some of the stress. However, some choose to leave their current jobs altogether to pursue freelance work or create their own brands while diving into digital nomadism. This decision often brings to the forefront the issue of unstable income. Can your financial situation handle the uncertainty of project availability and fluctuating income? Moreover, how will this freelance work or brand development contribute to your long-term career growth? These are questions you must contemplate. Many digital nomads leave traditional employment structures to work on a freelance basis or establish their own brands. However, when they encounter career roadblocks or struggle with unstable and slow salary growth, they may become more anxious and ultimately choose to return to traditional workplaces. If you're interested in this topic, you can refer to "Stable Job vs. High-Paying Freelance: Which Is a Better Career Choice?" to help you think through your decision. You can also listen to the "Digital Nomad" series on the podcast "JB's Small Talk." We've interviewed many digital nomads who share their experiences on how to start digital nomadism and plan for long-term careers, which could be valuable references for you. 2. Work Isn't Necessarily Easier Many assume that digital nomadism involves leisurely working at a beachside café while enjoying the ocean view, with thoughts of playtime after work. However, the reality is often quite different. Digital nomads still have work to do, and often the workload is similar to or even greater than when they were employed in a traditional office setting. Without effective time management skills and with constant distractions from the desire to travel, tasks may remain unfinished or not done well. Business matters can also interrupt leisure time during travel, leaving them with a sense of being pulled in two directions. When traveling to different locations, digital nomads may also have to adjust to different time zones to accommodate various companies or clients, leading to further confusion in balancing work and life. Many digital nomads share in online communities that the work pressure of digital nomadism isn't necessarily lower. Some even have to deal with the instability of freelancing or entrepreneurship, making the overall experience not necessarily easier. This is one of the reasons why some ultimately return to traditional workplaces. If work is equally demanding, they might as well return to the stability of a traditional job. In digital nomadism, time management skills are especially crucial. You can refer to articles on time management, which may be helpful to you. 3. Sense of Isolation The digital nomad lifestyle may not be as joyous as you imagine, with the opportunity to make friends from around the world through travel. Since most digital nomads work remotely alone, even if they're employees of a company, they may not be very familiar with their colleagues due to long-distance work. When encountering problems or seeking someone to talk to, it can be challenging to find someone, leading to a profound sense of loneliness. While traveling and working, you may meet other digital nomads along the way. However, these encounters are often fleeting, making it difficult to form deep friendships. Some digital nomads establish communities to connect with others, work together, and maintain contact. They may also organize regular workshops to share experiences. Therefore, before embarking on digital nomadism, consider joining such communities. Not only will you meet more digital nomads, but you'll also build connections. You can also refer to the article "Remote Work Socializing: 7 Ways to Never Be an Outsider Again" to help you make friends more smoothly. These are the realities behind the digital nomad lifestyle shared by many digital nomads. Before starting your journey, evaluate whether your situation is suitable for digital nomadism and seek advice from other nomads, which will be more helpful to you! -- Follow the Digital Nomad Facebook fan page and stay updated with more recent articles on Instagram (＠digital.nomad.press)！
February 22, 2024
Stable Job vs. High-Paying Freelance: Which Is a Better Career Choice？
This time, I’m going to answer a question from a reader, Xiao Jing (pseudonym). Her letter is as follows: -- Dear Joe and Bryan, Hello! Whenever I am lost and doubtful, I always habitually search for articles from "Darencademy" . I am also a loyal listener of "JB’s Small Talk", thank you for sharing beneficial things; I have genuinely gained a lot. I have a doubt in my heart that I have been hesitating for a long time.I am an office worker and also a mother of two children. Because I have no professional skills, I have been engaged in administrative jobs for many years, receiving a fixed salary. My monthly salary is about NT$ 30,000 and overtime pay is calculated separately. Last year, by chance, I started a freelance job. This job is very similar to tutoring, where customers are introduced through a platform, and I negotiate hours with customers and go to their homes to provide teaching and guidance. Since the pay is quite good, where I can actually receive NT$ 400 to 500 per hour, I have taken cases part-time on holidays. At present, I find it very interesting and fulfilling, and customer satisfaction is also high, with many customers booking the next teaching service. However, I can only take cases on holidays, so the actual hours are not many. And usually, because I have a full-time job, I can only use the time outside of work to read books and improve the knowledge and abilities needed for freelance work. Therefore, I started to think about whether to quit my full-time job and devote myself to freelance work. I have made a preliminary evaluation myself: I like the simplicity, regularity, and content of my full-time job, and I get along well with my colleagues, but the salary will not grow, and I cannot have enough time to accumulate freelance experience. In terms of freelance work, I like its flexibility and high hourly pay, and I also have time to take care of my family. But if I devote myself to freelancing, I am very worried whether the income is stable enough to support family expenses, and whether my body can handle running around and teaching for a long time. Moreover, for such a job change, I also have to face the unpredictable risks after stepping out of my comfort zone. I like both jobs very much, but each has its pros and cons, and I don’t know how to choose. Facing such a problem, how should I set evaluation criteria? Can both teachers give me some advice? Xiao Jing -- In response to Xiao Jing’s question, that is, "Should I give up a stable, low-paying job and engage in unstable but high hourly paid freelance work?" As usual, I will not give a standard answer directly because my knowledge of some details in her life is limited. It’s difficult to directly suggest choosing A or B. However, through this article, I want to provide some of my thought processes to give everyone facing similar issues some references. First, before choosing between two jobs, the most fundamental thing is to consider the following two questions. Question One: Do You Like This Job? No matter which job is chosen, whether you like the job is a crucial prerequisite. Because if you don't like a job, even if it pays well, it will be hard for you to be fully invested and enjoy doing it well. You might ask: "Can’t I do a job that I don’t like?" Yes, you can, but there are only two situations where I think the job can still be done even if you don’t like it. First, you might not like the job, but you are very good at it and can easily complete it. This way, at least you can get economic returns and a sense of accomplishment. Additionally, the economic returns of the job are incredibly high, for example, the job allows you to feel super worthwhile and forget the parts you don’t like. Encountering these two situations, I think you should just go for it! After all, there can be significant returns in accomplishments and salary. However, for most people, there are actually few opportunities to encounter such situations. Therefore, I still recommend everyone to choose a job they like. Question Two: What Exactly Are You Pursuing in Your Work? Everyone has their own goals when going out to work. For instance, some people might not be after the salary but rather look to make friends, while some hope to achieve a balance between work and life. I think there is no right or wrong in these pursuits. However, you need to delve deep into your heart. During the work process, what is the most important thing that you gain from investing a month or a day of your time? This can help clarify what goals you want to pursue in your work. Whether you choose a stable, low-paying job or unstable, high hourly paid freelance work, or even when choosing any job, the above two questions are fundamental things we should consider to help understand what we want. When you know what you are seeking, you can move on to the next stage of consideration, evaluating whether to give up a stable job to choose freelancing. In particular, although freelancing seems to offer a high hourly wage and flexible hours, I believe two things still need to be assessed: First, the Long-Term Nature of the Work Compared to regular full-time jobs, freelancing is generally more unstable. For example, you might initially think that due to inconsistent client sources, it cannot maintain stability for a long time. But I suggest you should think further ahead what is the long-term demand for this freelance job? For instance, if you are tutoring, helping students with physics or math, and if there are no significant changes in the education system or curriculum, perhaps you can do this job for a long time. However, if the knowledge you are teaching now is a short-term trend, like many people doing Podcasts in recent years, you might think you can teach people how to record programs, purchase equipment, etc. This year, there might be people wanting to learn, but next year or the year after, Podcasts might go out of fashion, and then nobody will want to take your class. So, you still have to evaluate whether the content of this freelance job has long-term demand. Second, Financial Considerations Let's do a simple calculation. If your current full-time job pays NT$ 30,000, plus freelancing on holidays, you can earn NT$ 40,000 a month. However, suppose you fully commit to freelancing and earn an hourly wage of NT$ 500. Working 80 hours will give you NT$ 40,000. Eighty hours are equivalent to 10 working days. If your freelancing is stable and legitimate, then in about 20 working days a month, you could earn NT$ 80,000. However, many freelancing jobs, despite seeming to offer a high hourly wage, might still involve many hidden costs. For example, commuting costs might be incurred when you travel to different tutoring students' homes. Moreover, some tutoring platforms might also take a commission from your earnings, among other considerations. These are all crucial factors because they imply that even if you work full-time, there will be an upper limit to the hours you can freelance. Next, the stability of your clientele is, of course, a critical consideration in deciding whether or not to switch to full-time freelancing. So, if financial factors are crucial in your consideration, I would suggest you test it gradually. Wait until the freelancing work is stable, and the financial aspect is comparable to your full-time job or at a level you can accept before considering committing full-time to freelancing. Lastly, I would like to discuss a concern mentioned at the end of Xiao Jing's letter, which is "stepping out of the comfort zone might encounter unpredictable risks." Let’s reconsider the concept of the "comfort zone." Many people might feel that working in a company for 20 years, with familiar supervisors, colleagues, and mastering the job, is their comfort zone. But I don't think so. I believe the "comfort zone" refers to an environment that you can fully grasp and control. However, there is actually no permanent comfort zone in life; instead, you should continually strive to expand the boundaries of your comfort zone. What does this mean? Think about it. You are currently engaged in an administrative position, which seems stable, but suppose one day your boss wants to replace you with someone younger and lower-salaried, you are forced to leave the position, and it's no longer your comfort zone. Especially, the replaceability in administrative jobs is high; you can’t fully assure everlasting security in this position. If you suddenly consider freelancing when forced out without preparation, it implies instability in your situation. But if you start preparing now, embracing it with a part-time mentality, building a reputation, optimizing processes, and considering how to gain a more stable clientele, then over one or two years, as you gain more control over the freelancing work, it becomes your next comfort zone. When the comfort zone of your full-time job crumbles, you’ll still have another comfort zone to turn to. Moreover, sometimes what you consider a comfort zone is not genuinely "comfortable." For instance, in your original family home, you may be accustomed to your room, bed, etc., and unwilling to leave. However, without autonomy, where parents might storm into your room in anger, it’s not truly comfortable; it's just that you are used to it. I've always believed that "autonomy" is crucial within a comfort zone. Imagine moving out and living independently as you grow older. Although initially, there are adjustments and numerous matters to handle yourself, once you step out, the new home becomes your new comfort zone where no one can disturb you. You can play video games until midnight or do whatever you want, extending your autonomy and controlling the situation. That’s true comfort. When you continuously expand your comfort zone while maintaining autonomy, that’s when you can genuinely thrive for the long term! You can also accompany this article with our Podcast show "JB's Small Talk". -- Narrator／Joe Chang ；Editor／Amanda Chiu (This article is translated by the Digital Nomad editor group.)
December 5, 2023