Working as a freelancers is a great IDEA for talented professionals who wants to be their own boss, have flexible working hours, have an option to chose which work they would like to do this week, have good earnings etc..etc....
Whatever I have discussed above is definitely true for some of the most gifted professionals in the profession. As on date there are 5,00,000 freelancers registered on GAF. The number for Guru.com is more than 6,00,000 and other portals like scriptlance, Elance also enjoy a good subscription base on the internet.
How much an freelancer earns on these portals on an average is difficult to estimate. However, the earnings of these portals can always be estimated from their subscriber base. Have a look at their membership fees to get an idea of this. There are options of free membership on websites however, this will call for 10% payment of project cost in the beginning to the Portal, without any certainty that the payment will be made.
Moreover, becoming a premium member is a costly affair since the cost could be anything from $12 to $30 or even higher on different portals, with no certainty of getting any project.
Finally the biggest challenge is create by beginning process whereby every freelancer is forced to cut his price to meet that of the lowest bid to the extent possible. The entire process leaves Freelancer with inadequate funds, and even employer on most occasions is left with incomplete projects, because of choosing a cheap provider who failed to perform.
Find more freelance jobs on GetAFreelancer
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