What is the earning potential of freelancers?
Freelancers earn as per their skills & expertise. Connections also play a role because if you have more connections then more projects flock to you.
Freelancers raise their per project/assignment charge with time as they hone their skills & inch more towards being professional.
## Earning Potential.
Earning potential of freelancers is huge. It just requires two things: Hard-work + 1 Skill.
Skill could be graphic designing, content-writing, logo-designing, etc.
Let’s suppose that you work for 12 hours each day & it takes 1 hour to complete an assignment. Cut out 2 hours in communicating with client & in getting new assignments.
Therefore, effectively you have just 10 hours.
Let’s say you earn $5 / assignment then
In a month = 5 ($) × 10 (hours) × 30 (days) × 65 (conversion into INR)
= 97, 500 INR.
Is it really possible?
Yes, if one has good skill sets & is hard-working. It requires 3-4 years of experience in freelancing to reach that income through individual freelancing.
P.S. To earn more you need to form a team of freelancers. By this way you can take Bulk Projects (that require more work & hence more payments).
With Great Love,
Er. Amit Yadav