7 best ways to be a professional freelancer in India

freelancer

Freelance economy –

As per investopedia the freelance economy, also known as the gig economy, is a labor market consisting of a growing number of short-term contracts. Companies hire self-employed workers to undertake specific jobs in return for an agreed-upon payment, rather than offering them permanent positions.

With startup economy booming in India, and #Entrepreneurship ecosystem shaping for good, we see a surge in #freelancers in India. The demand is only growing. Market is also responding to the increasing demand of freelance, they are: Co-working space boom, startup boom, outsource of consulting work, cost / labor arbitrage within local markets, fast changing technology, innovation and ideation process, etc. Hence it is imperative to respond to the changing demand in freelance market.

So here is 7 best ways to be a professional freelancer in India:

  1. Be an Expert in Your Field – skill skill skill, remember you are only because of your skills. So, know your expert area and charge.
  2. Adaptability – As a freelance professional, always be on top of your right attitude and action. Do what you know, know what you can do as per the demand, client demand. Since you are not bound to any corporate process, understand the market and change
  3. Commitment is key – Do what you promise you will do. Responding to people promptly and following through on promises as per the timeline. As a professional, you will be counted by your client only if you are agile and deliver as expected.
  4. Communication is cing! – Never shy away from making the first effort to reach to the client. Give them the big picture. Help them to understand the total perspective. Email, have a written communication, keep everyone in loop. Do not underestimate the power of communication.
  5. Be Structured and Organized – You are your brand. In an unorganized market of freelancing, make a mark by being organized. It is a no brain formula, often missed by freelancers. Keep files ready, note everything, use pen and paper 🙂
  6. Accountability – Own up your mistakes. Professionals are accountable for the work they are given. It is fine to fail but don’t blame others in times of crisis. Manage the crisis by acting and fixing the problem. Client would appreciate if you make effort to find.
  7. Be Confident – Don’t be cocky, do not over do, dress for the occasions. Be polite and well-spoken while speaking to customers, superiors and co-workers. Work on body language. As a gig you are the boss so make the right decisions.

Road to Digital Transformation

Digital Transformation

Digital Transformation from a buzz word to business as usual

 

Digital Transformation is the reality which businesses have already accepted the relevance, now they are implementing it at various levels. Business is a success and function of different process coming together. In the digital era business transformation is the new normal. Data is the fuel.

However, it is easy saying than done practically. Impossible is nothing but it is coming together of intent and technology. Digital Transformation has different layers to it, which companies are reinventing, implementing, investing and innovating by using new world technology. Innovation is the name of the game. Innovation is not inventing something new as in a new service offering or product , but innovation of business model, revenue model, supply chain, and of course the culture of the company.

Digital Transformation is digital corporate culture in progress!  (In a BCG study of 40 digital transformations, companies that focused on culture were 5x more likely to achieve breakthrough performance than companies that neglected culture.)

The different technologies that drives the value chain of Digital Transformation is below:

  • IT and Infrastructure
  • Digital Marketing
  • Big data and Analytics
  • Mobile application
  • Customer Relationship
  • Data and cyber Security
  • Cloud computing
  • Project Management

Digital Transformation changes the Business strategy, Business goals and process, strengthens the way brands market, and it creates new demand for human resource skills. Coming together of all of these is a new economy, a digital economy.

Digital Transformation requires a fully focused strategy to achieve it, without tinkering the core business vision. Startups are in better position to walk the digital road map day one.  Big organization are investing on new strategies to transform the inevitable.

Market size –  Global digital transformation market is expected to grow from US$ 445.4 Bn in 2017 to US$ 2,279.4 Bn by 2025 at a CAGR of 24.3% between 2018 and 2025 ( Source: pr newswire)