{"id":382,"date":"2020-03-06T23:06:24","date_gmt":"2020-03-06T17:36:24","guid":{"rendered":"https:\/\/open.money\/blog\/?p=382"},"modified":"2024-05-29T14:37:57","modified_gmt":"2024-05-29T09:07:57","slug":"indias-gig-economy-a-peek-into-a-freelancers-life","status":"publish","type":"post","link":"https:\/\/open.money\/blog\/indias-gig-economy-a-peek-into-a-freelancers-life\/","title":{"rendered":"India\u2019s Gig-Economy – A Peek into a Freelancer\u2019s life"},"content":{"rendered":"\r\n

If you\u2019re a freelancer you\u2019d agree that being one can be as daunting as it\u2019s rewarding. It\u2019s like you are a one-man army, right?<\/p>\r\n\r\n\r\n\r\n

Right from finding a gig to taking care of your payments, it\u2019s all you<\/em>!\u00a0<\/p>\r\n\r\n\r\n\r\n

Now, being the cheerleaders of the gig-economy,\u00a0 we at Open<\/a> did a little research on what it’s like to be an Indian freelancer.\u00a0<\/p>\r\n\r\n\r\n\r\n

Let\u2019s dive right in –\u00a0<\/p>\r\n\r\n\r\n\r\n

You\u2019d often spot a freelancer chugging coffee at their favorite cafe all immersed in their laptop screens. Following their passion & living life on their own terms, one thing they absolutely detest is unclear project expectations & delayed payments from their clients.\u00a0<\/p>\r\n\r\n\r\n\r\n

\"\"<\/figure>\r\n\r\n\r\n\r\n

Interestingly, both Millennials & Generation Z are riding the gig-economy wave & are at the top of the freelancing workforce.\u00a0<\/p>\r\n\r\n\r\n\r\n

A huge shout out to all the superwomen out there though – we gotta buckle up! \ud83d\ude46\u200d\u2640\ufe0f<\/p>\r\n\r\n\r\n\r\n

\"Gig-economy<\/figure>\r\n\r\n\r\n\r\n

Now, when you think of freelancers – you’d instantly get a mental image of a Techie in an oversized hoodie or a Content Creator\/Youtuber just doing his\/her own thing & earning loads of money. Right?\u00a0<\/p>\r\n\r\n\r\n\r\n

But surprise surprise\u00a0<\/p>\r\n\r\n\r\n\r\n

Lawyers are some of the most highly-paid freelancers followed by game developers.\u00a0<\/p>\r\n\r\n\r\n\r\n

Shocked? \ud83e\udd2f\u00a0<\/p>\r\n\r\n\r\n\r\n

We were too!\u00a0<\/p>\r\n\r\n\r\n\r\n

\"top<\/figure>\r\n\r\n\r\n\r\n

Now, freelancers are quite social media wizards. While you might think freelancers are ALWAYS online & spend hours stalking people on Social Media. More often than not – they are out there to bag their next gig.\u00a0\u00a0<\/p>\r\n\r\n\r\n\r\n

\"gig<\/figure>\r\n\r\n\r\n\r\n

And while freelancers know all the magic words to woo their clients with their top-notch networking skills, they often struggle to get their payments in place.<\/p>\r\n\r\n\r\n\r\n

So, while you\u2019d think they are lucky to do what they truly love to do – a whopping 28% of their time is lost in managing their finances.\u00a0<\/p>\r\n\r\n\r\n\r\n

Now, you\u2019d expect the traditional banks to gear up considering the freelancers are at the forefront of driving the economy, won\u2019t you?\u00a0
Sadly, that\u2019s not the case.\u00a0<\/p>\r\n\r\n\r\n\r\n

\"time<\/figure>\r\n\r\n\r\n\r\n

Today there\u2019s a rising <\/em>need for a \u2018true freelancers bank\u2019 <\/em>& luckily there is one – Neo banks!\u00a0<\/p>\r\n\r\n\r\n\r\n

With creating GST-compliant invoices & estimates in minutes to acing international payments with minimal conversion charges – Open empowers freelancers to manage their finances<\/a> like a boss!\u00a0<\/p>\r\n\r\n\r\n\r\n

\"challenges<\/figure>\r\n\r\n\r\n\r\n

It’s time you free yourself from payment hassles & truly just follow your passion.\u00a0<\/p>\r\n\r\n\r\n\r\n

Because bosses – We\u2019ve got your back!\u00a0\ud83d\ude0e<\/p>\r\n\r\n\r\n\r\n

 <\/p>\r\n\r\n