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Is Freelancing the Future for Millennials?

Is Freelancing the Future for Millennials?

Recently, there have been a number of predictions that by the year 2020, the majority of Millennials will no longer be in an office job, instead choosing the life of a freelancer. Why would this generation leave a cushy, guaranteed paycheck from a corporate career to go and do odd jobs and contracted work on their own? Here are five reasons why Millennials love freelancing, and why it’s definitely here to stay:

You can use multiple skills.

Millennials tend to have a variety of interests and skills, from graphic design to charity work and everything in between. Being tied down to a job where they are forced to use the same skill set on a daily basis is exhausting and frustrating for this generation. Being able to freelance means Millennials can pick and choose which skills to use, and don’t have to narrow down their interests to one specific field. For Millennials, freelancing means one day they could be shooting and editing a viral video campaign, and the next raising funds for a charity event.

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You remain connection-conscious.

This generation is well aware of their network and how to use it, probably because the idea of social media and digital connections has been a part of their lives for so long. Unlike previous generations, Millennials have no problem calling upon even the loosest of connections, like one of the distributors you worked with for a month years ago. Because of this value they place on networking and their ability to grow connections, freelancing makes perfect sense, since they have so many contacts to call upon for referrals or contracted work.

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You have flexibility.

There has been an abundance of research on how Millennials hate the standard 9-5 job, yet for the most part, the corporate world has yet to respond by allowing flexibility in these hours. Instead, some Millennials have opted for a freelance career, where they can choose their own hours, and still make time for life outside of work. This generation of employees doesn’t want to punch in and out on a daily basis, but rather work at their own pace, during hours they feel the most productive. That’s not to say that this generation is lazy, but rather that they see the importance of a work-life balance more than any other generation, and are willing to switch to a freelance position to obtain it.

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You incur less risk.

It may seem like freelancing carries more risk than a steady office job, but to Millennials, that’s not the case. This generation entered their careers at the height of the recession, so they’re all too familiar with cut-backs and layoffs. By being a freelancer, Millennials are able to invest less in one client and therefore, carry less risk. If one client does decide to make cuts and get rid of the freelance work, the Millennial still has others waiting in the wings.

You can create your own culture.

Many Millennials leave office jobs or job-hop from one to another not because of pay, but because they are dissatisfied with the culture or the work value. Being a freelancer means Millennials get to define their own work culture and make an impact with their own decisions. Millennial freelancers do not have to deal with office politics or rigid rules, and do not feel low on the totem pole when it comes to decision-making. Freelancing gives Millennials the power of being in control without slaving away to climb up the corporate ladder.

Being a Millennial freelancer also means being your own leader. See if you have what it takes to drive your career to success with this free leadership assessment courtesy of Joel Goldstein!

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Last Updated on June 19, 2019

8 Life-Changing Skills You Can Learn in Less Than 6 Months

8 Life-Changing Skills You Can Learn in Less Than 6 Months

Everyone has the ability to learn a life-changing skill not just this year, but in the next 6 months.

By life-changing, I mean something that can have a positive impact in your life moving forward, even if it’s something you can’t envision today. Certain skills we can immediately reap the benefits of, while others will be life-changing when we least expect it.

In this article, we’ll share 8 life-changing skills you can learn in 6 months, where you can learn them, and how you can get started today.

1. Speed reading

Bill Gates has been known to state that if he had one superpower, it would be the ability to read faster. What Bill and the rest of the mega-successful understand is that knowledge is power. The ability to process information faster from books, articles, and reports is what will help us learn faster, and therefore improve each aspect of our life faster as well.

Where you can start learning: Speed reading courses are becoming more popular, as more people realize how important it is with the limited time we have. You can check out free courses like Read Speeder or you can start learning how to use Spritzlet, which allows you to speed read articles online with a browser extension.

2. Public speaking

Research shows that people fear public speaking more than death itself. There’s something terrifying about being in front of dozens or hundreds of people, and exposing yourself completely. It’s when you’re most vulnerable, but learning how to public speak is a life-changer.

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Warren Buffett has given advice to recent graduates that the number one skill you can have to succeed is public speaking skills. Everything from communication, confidence, and sales is developed when you develop your public speaking skills.

Where you can start learning: Luckily, there are great communities out there like Toastmasters that organize local meetups all around the world. You’ll find amazing public speakers that are looking to get to the next level to beginners that are just getting started. Check out Toastmasters’ website here.

3. Spanish

As the third most spoken language in the world, the ability to speak Spanish will allow you to reach over 500M people around the world. No matter where you live, knowing how to speak Spanish is becoming increasingly more important, with the Hispanic population and economy spreading quickly worldwide. If you’re living in the US, this is even more important, with over 30% of the population being Hispanic.

Spanish is also on this list, because it’s one of the easiest languages to learn. Sure, Mandarin is an important language to learn, but it’s an incredibly difficult one to learn. If we were to measure the level of importance and the time to learn for all the languages available, Spanish would make it to the top of the list.

One of the biggest reasons why people never reach fluency in any foreign language is: using the wrong method, and lack of time.

It turns out that humans retain only 5% of what we learn from lectures, 20% of what we learn from apps (visual cues), and 90% of what we learn from immediate immersion. Yet, how do 90% of learn a new foreign language? Language schools (lectures), books, Duolingo (apps), etc that don’t provide the real-life immersion required for our brains to learn faster.

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Where to get started: If you want the most effective way to learn a language, learning from real-life interactions is the best way to do it. There are great websites like Rype, which offers Spanish coaching for busy people, solving the issue of lack of time and bringing real-life immersion to your screen. With Rype, you can book as many lessons as you want, at any time of the day, any day of the week, allowing you to fit it into your schedule, no matter how busy you are.

4. Accounting

If you’re looking to get into business, accounting is one of the core fundamentals you’ll need to succeed. While you don’t need to be an expert, you definitely should understand the basics.

This skill can also be used to manage your personal finances, to meet your financial goals, and having more control over your life.

Where to get started learning: If you didn’t learn accounting in school, no worries. You can either teach yourself using books, or check out free accounting courses online.

5. Microsoft Excel

Most people reading this probably have a basic understanding of Microsoft Excel Spreadsheet. While this is a good start, there are so many powerful functionalities that are hidden, which could make your life a lot easier.

Excel is also a great asset to have whenever you’re looking for a job, as many corporations rely on Excel to organize and manage multiple parts of the business.

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Where to get started learning: With the popularity of Excel, you can find tons of free resources and videos online to learn. Check out Excel Exposure, Lynda, and Excel with Business.

6. Blogging/Vlogging

Blogging is a powerful tool if you want to spread your ideas, build your brand, or grow your business. Since it was introduced, blogging has taken on a life of its own, and today there are ~2M blog posts being written on a daily basis.

Where to get started learning: Anyone can start blogging today. All you need is a content-management system like WordPress, which is completely free. Personally, I think the best way to start learning how to blog is to just start writing. There are techniques you can learn on how to promote your blog, but the best way to grow your blog is to write great content.

7. Weight training

Yes, weight training is a skill. It’s not as advanced as learning how to code, nor will it take as long as learning a new language, if you just want to learn the basics.

We’re not promising that you’ll get a body like Arnold Schwarzenegger, but you will see much faster results for whatever goal you have, just by understanding how to workout properly. And of course, when you’re dealing with an activity that involves physical strain, you’ll always want to caution yourself.

Where to get started learning: There are amazing body builders that are sharing all of their secrets for free on Youtube. You can check out Bodybuilding.com’s Youtube channel to get started.

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8. Photo and video editing

In the digital world that we live in, from Youtube, Instagram, and Facebook, there is no avoiding photos and videos. In fact, social media has increasingly gone away from text sharing and almost everything to photo and video editing.

Where to get started learning: For photo editing, you can use Photoshop. For video editing, you can use iMovie or Final Cut Pro. Keep in mind, there are dozens of editing software tools for video and photo editing, but what’s more important are your editing skills, not the tool itself.

Check out education websites like CreativeLIVE or Skillshare, where you can learn from experts themselves on how to best use design and software tools.

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