Freelancing offers opportunities and challenges, requiring adaptability and strategic planning to succeed in the evolving gig economy.
Authors
Phuong Mai Nguyen, Vietnam National University, Hanoi, Vietnam
Avinash Dadhich, Dhirubhai Ambani University, India
Amit Kumar Yadav, Assistant Professor, Jindal Global Business School, O.P. Jindal Global University, Sonipat, Haryana, India
Preet Kanwal, Lovely Professional University, India
Summary
Freelancing and independent contracting have emerged as significant alternatives to traditional employment, driven by technological advancements, evolving workforce preferences, and shifting economic conditions. This chapter explores the increasing popularity of these work arrangements, examining key trends, benefits, challenges, and the impact on traditional employment models. Through case studies and personal stories, the chapter illustrates diverse paths to success and provides insights into building a sustainable freelancing career. It also addresses legal and regulatory considerations, the role of freelancing platforms and tools, and the future outlook for the gig economy. Understanding these dynamics is crucial for individuals seeking to navigate the complexities of freelancing and leverage its opportunities effectively.
Published in: Applications of Career Transitions and Entrepreneurship
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