The massive rate of unemployment all over the world is causing serious concerns. The Internet has also facilitated freelancing. More people are unemployed today than ever before, surprisingly in the era of the 4th industrial revolution.
One of the reasons is outsourcing projects and manufacturing to countries like China, India, and Pakistan because of low labour costs. Sadly, these countries are unable to do justice because of economic constraints. While China is battling Coronavirus, India and Pakistan are amid security and domestic problems.
However, freelancing and self-employment are on the rise more than ever before, courtesy internet. People use the power of websites and social media to reach out to their target audience. Using different mediums makes the task easier because of low advertising costs and saving hundreds of thousands of dollars in office costs, such as paying full-time salaries and utility bills.
The Internet has also facilitated freelancing. With the emergence and growth of different freelance marketplaces, people are learning online skills and offering them as services to clients who post small to medium-sized jobs.
People empower themselves by offering freelance services, from administrative jobs to high-end skilled project requirements. Some have made millions online, and others are still learning but progressing quickly because of the vast opportunities presented.
Freelancing is one avenue; the Internet provides many other earning opportunities. The opportunities to have your e-Commerce store by selling dropshipping products, using the power of Facebook to sell a service or product, and then blogging are picking up pace everywhere.
I started the BeingGuru blog three years back. Now it is not only one of the most prominent blogs and is building new audiences in different countries.
To add, I am a freelancer who successfully transformed his freelancing career into an entrepreneurship mode with multiple online startups. All of this would not have been possible without the Internet.
Have you ever noticed Uber, Airbnb, Facebook, Alibaba, Alibaba, Netflix, and Instagram have common?
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Do you know what it is?
None of the above companies owns their inventory. Uber does not have a car. Airbnb does not have its inventory. Facebook makes money through advertisement because it has connected 2.4 billion worldwide. Netflix does not own any program, and Instagram does not have its picture.
Alibaba does not own a single product, yet Jack Ma has become the wealthiest man. In the era before the Internet, Jack Ma led a life full of poverty and disappointments.
All are using the power of the Internet to make money for themselves and empower billions of people worldwide.
Jeff Bezos is the wealthiest man in the world. Amazon also empowers people using the power of the Internet.