Freelance Writers: How to Create Job Security in a Global Economy

All around us, markets are reeling. The recent troubles at Merrill Lynch, Lehman Brothers and AIG are symptoms of a larger problem – ie, the lack of job security. Lehman Brothers is a 158-year-old firm that recently filed for Chapter 11 Bankruptcy. Merrill Lynch, a Wall Street giant of a firm, is being sold to Bank of America for a reported $50 billion. AIG, the largest insurer in the world, also recently filed for bankruptcy.

What does all this have to do with job security for freelance writers? These are giant firms who’s troubles have far-reaching impact on the global economy. What their folding highlights is that job security in a global economy is created by those who take charge of their careers.

Taking charge of your career usually means starting a business, or having an alternative plan, eg, freelancing part-time.

As a freelance writer, when the news like the implosion of Lehman Brothers, Merrill Lynch and AIG hits, you’ll feel more in control than ever of your own job security.

Freelance Writing: A Career Where Job Security is Assured

Freelance writing is a career where job security is practically assured, for the following reasons:

(i) Diverse client base. Market-savvy freelance writers develop a multitude of clients. They may work with 10, 20 or 30 or more clients at a time. The losing of one doesn’t spell the end of your career. You simply move on to the next one – and continually market for new ones.

At least smart freelance writers aren’t. Instead of a few clients, you may have 15, 20, or 30 clients on your roster. If one drops you, you just market for more.

(ii) Develop several different niches. As a freelance writer, you can develop several niches, thereby assuring that you’ll always have work. For example, those who work at Lehman Brothers, AIG and/or Merrill Lynch can market themselves as freelance financial and insurance writers.

Freelance writing work is much easier to come by when you niche yourself – and with big-name firms like Lehman Brothers, AIG and/or Merrill Lynch, you don’t need more to prove your skill.

Simply put together a few samples, post them on your website (a simple one will do) and bam, you’re ready to start marketing for work.

(iii) Offer Complementary Services. There are many services that go along with freelance writing, especially in today’s Web 2.0 world. For example, there is article submission, meta tag writing, press release submission, blogging, etc. As a freelance writer, you can offer any or all of these to your clients.

In a global economy, the only certainty is that there is no job security. It’s up to you to create it. Freelance writing is the perfect career if you’re looking for job security – and a way to work from home.

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May be reprinted with the following, in full: Yuwanda Black is the publisher of InkwellEditorial.com: The Authority Site on How to Start a Successful Freelance Writing Career. Site features freelance success stories, e-courses, ebooks, marketing advice and more! Want to make money today as a freelance writer? The e-report How to Make $100/Day or More as a Freelance Writer! tells you how.