Freelancing vs full time Job - Which one is right for you? | Summary and Q&A

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July 30, 2023
by
Ansh Mehra
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Freelancing vs full time Job - Which one is right for you?

TL;DR

This video discusses the pros and cons of freelancing and job careers for UX designers, providing insights and a step-by-step career roadmap.

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Key Insights

  • 🧑‍⚕️ Freelancers may earn more in the first year, but job workers can catch up and surpass them in salary progression over time.
  • ✋ The glamor associated with freelancing diminishes as job workers gain more experience and achieve higher positions.
  • 🍉 The decision between freelancing and a job depends on personal priorities, skills, and long-term career goals.
  • 👋 Building health, verbal skills, and a good degree are crucial for starting a career in UX design.
  • 💦 Networking, participating in online hackathons, and documenting work are valuable for personal and professional growth.
  • 🧑‍🏭 It is essential to carefully consider the company or startup one chooses to work for based on factors such as profitability, leadership, and personal interest in the product.

Transcript

let's say you're a ux designer and you've decided to try freelancing but even after trying very hard you don't get good clients so you think let's apply for jobs but then you feel bad about working for someone or going to office or just losing that sense of Freedom or even have a fear of making less money so in this video I'm gonna give you the unf... Read More

Questions & Answers

Q: What are the main differences in salary progression between freelancers and job workers?

In the first year, freelancers may earn more due to occasional high-paying clients, but job workers gradually catch up by the second year. By year three, job workers in senior positions may start earning more consistently, and by year nine, job workers surpass freelancers significantly.

Q: Why do some people prefer freelancing over a job?

Some people believe freelancing offers the potential to earn more money and have more freedom without a boss or office. However, they may overlook the challenges of finding clients, scaling income, and lacking long-term financial stability.

Q: What should individuals in school or college focus on to pursue a career in UX design?

They should prioritize building their health, verbal skills, and charisma. Additionally, they should focus on getting a good degree or college education, practice UX design, improve writing skills, and participate in online hackathons.

Q: How can individuals choose the right company or startup to work for in the UX design field?

It is essential to consider factors such as the company's profitability or VC backing, the experience and leadership of the team, and personal interest in the product or services offered. Startups should fulfill these criteria to ensure a positive and fulfilling work experience.

Q: What are the main differences in salary progression between freelancers and job workers?

In the first year, freelancers may earn more due to occasional high-paying clients, but job workers gradually catch up by the second year. By year three, job workers in senior positions may start earning more consistently, and by year nine, job workers surpass freelancers significantly.

More Insights

  • Freelancers may earn more in the first year, but job workers can catch up and surpass them in salary progression over time.

  • The glamor associated with freelancing diminishes as job workers gain more experience and achieve higher positions.

  • The decision between freelancing and a job depends on personal priorities, skills, and long-term career goals.

  • Building health, verbal skills, and a good degree are crucial for starting a career in UX design.

  • Networking, participating in online hackathons, and documenting work are valuable for personal and professional growth.

  • It is essential to carefully consider the company or startup one chooses to work for based on factors such as profitability, leadership, and personal interest in the product.

  • Practical inspiration and resources, such as portfolio examples and free courses, are available online for aspiring UX designers.

Summary & Key Takeaways

  • The video compares the salary progression of freelancers and job workers over time, highlighting that freelancers may earn more initially but struggle to scale their income in the long run compared to job workers.

  • The video explores the glamor associated with freelancing in the early years, but also highlights the long-term challenges and the potential for job workers to achieve higher positions and financial stability.

  • It provides a step-by-step career roadmap for individuals at different stages, emphasizing the importance of health, education, skill-building, and networking.

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