Freelancing has grown exponentially in the last few years and people are switching their job to freelancing. The usefulness of freelancing was realized during the Covid 19 lockdown when businesses came to a standstill and then people started shifting their business online. After that, there is a boom seen in freelancing.
Pakistan is also one of the leading countries in the world of freelancing. According to the Report of Online Gig Economy Q2 2019, Pakistan beat the other Asian countries like Bangladesh, the Philippines, and Russia, and win the 4th position with a growth of 47 Percent.
In this article, I will guide you on the Question of What is Freelancing in Pakistan. let’s take a brief look and know about freelancing and its statistics.
What is freelancing in Pakistan?
Freelancing means working as a self-employed person who sells their skills online/offline and earning money rather than working 9 to 5 jobs. Simply, Freelancing is a type of job where you can work independently in the comfort of your home and earn money. All you need to do freelancing is to learn a specific skill and sell it online and in return, you will get money.
For example, if you have an interest in Web development, you can polish your skill by watching videos and courses on the internet and give services of Web development on the freelance marketplace where people place orders on your services.
Like 9 to 5 jobs, there is no limit to freelancing earnings and you can get more orders if you provide quality work. You can earn more money by taking multiple projects at a time from the freelance marketplace and earn as much as you want.
You can charge a fixed price for a project or you can charge by the hour. Freelancing provides you with a lot of flexibility that a traditional job does not. For example, you don’t have to travel miles for work and there is no set time and place like a traditional job, you can work whenever you want without following office decorum. and there is no boss who shouts at you.
Also, the freelancing does not demand professional or formal dresses because you are your boss and responsible for every good and bad Deed and are not accountable to someone else. You can also enjoy freedom in freelancing because it does not bound you to sit at a desk for a specific time.
Not only that, but freelancing is also helpful to the national economy while the number of freelancers is more than 1 million in Pakistan.
A report published by the Pakistan Software Export Board entitled “Freelancers: A Workforce in Acceleration” states that Pakistani freelancers earned $150 million in FY2019-20. However, overall IT exports have also increased. In the year 2020-21, for the first time in the history of the country, IT exports increased by 47.4% and reached $2.12 billion.
To encourage IT exports, the government in the budget 2021-22 also offered several concessions in taxes and procedures and also predicted that freelance IT exports would reach $3 billion by 2024.
Freelancing as a career
Due to rising unemployment in Pakistan but all over the world, people are questioning whether freelancing is safe as a career. Can a person survive on freelancing lifetime? So yes freelancing is safe and everyone can survive on it.
Freelancing is a very adoptive career over the last few years due to its flexibility. As I explained above, there are more than 1 Million freelancers in Pakistan and more than 59 million freelancers in America.
People are choosing to freelance because it allows you to be your boss which 9 to 5 does not. You may have a hard time in the beginning because starting is always difficult but over time you will gain experience and it will help you to become a successful freelancer.
Freelancing gives you freedom and flexibility along with the opportunity to learn something new. If you realized that your skills are not in demand so you can learn new skills that are in demand and you can also make more money by selling them.
With the launch of 5G, freelancing will increase tremendously as 5G will revolutionize the world of technology.
Freelancing does not limit you to being employed for your whole life. You can turn freelancing into a business by creating your own company or firm, as many freelancers do. You can then hire employees for your company who will work for you.
After seeing statistics and trends, we can say that Freelancing is the future of work and these are all the guides to the Questions What is freelancing in Pakistan? I hope this article will be helpful for you, must share this article with your friends and I salute your patience to read it completely.