Is it possible to make passive income freelancing?

17.09.202121.04.2022 Sam

Probably, every person in his life would like to receive passive income. This allows you to do what you like and not think about making money. After all, they will work for you. Is this situation possible in freelancing?

Is it possible to make passive income on freelancing?

In our time, people very often strive to earn more money. There is nothing wrong or surprising in this, everyone needs money. In pursuit of different ways to make money on the Internet, people very often come across freelancing. But what if you don’t want to work? In this case, you need a source of passive income. Is it possible to do freelancing as such? Let’s find out.

What is passive income?

Passive income is a way to earn money without putting any effort into it. In other words, a steady income without the need for a permanent job for it. You do not need to do anything, work somewhere, or at least do something, you will simply receive your money. But is such a situation possible when working on freelance? Is it possible to somehow receive passive income on freelance exchanges?

There are many options for earning passive income. Basically, they have in common the fact that for this you need:

To invest in something.
Come up with something that will bring money to you, or someone else. In turn, this person will give part of the amount to you.

For freelancing, the second option is more relevant. Some freelance exchanges offer affiliate programs. This is just an example of the option described above. You refer a client to a freelance exchange, the exchange receives money for this, and you, in turn, receive a percentage of the transaction as a reward.

What is the essence of these affiliate programs?

The bottom line is that you need to attract clients to the freelance exchange. And often, it can be not only customers, but also performers. In return, you receive a certain reward or a percentage of their earnings.

For example, you invited a person to freelance who will place an order for 1000 rubles. According to the terms of the freelance exchange, you can receive, for example, 5% of the funds spent by the client. In this case, it is 50 rubles. net profit.

You don’t have to do anything at all. Each subsequent order may be accompanied by a certain percentage of your wallet. It all depends on the specific freelance exchange, it is they who dictate their terms. But often, this is exactly the percentage of profit or money spent.

Suppose you invited a performer and he earned 10,000 rubles in a month. According to the terms of the affiliate program, your commission is 5% of the earnings of the invited performer. You will be able to profit from it in the amount of 500 rubles. This is not a very large amount, but given that you do absolutely nothing for this, it turns out not bad at all.

And if your guest performer performs well, then you will receive this amount every month. Thus, very good conditions are obtained. And if a person starts earning more? And if you invite more than one person. By inviting only twenty such performers, you can already receive a good passive income monthly.

People are given a large number of opportunities, you just need to be able to use them. Find out about the terms of the affiliate program of your freelance exchange on their website by going to the appropriate section. This is beneficial for all parties. The customer gets the opportunity to find a contractor for his work, the freelance exchange receives earnings from new clients, the contractor receives a new order, and, accordingly, wages for its implementation, and you receive a reward for finding a client for the exchange.

Other ways to earn passive income

You can organize your freelance team. It’s not easy, but it’s possible and worth it. If you can get your work done well, you won’t have to do anything. How it works? Very simple.

Choose the specialty you want to entrust to your specialists. For example, website development. To do this, you will need to assemble a team of several people. The minimum composition is a coder (for front-end development), a web programmer (for back-end development), a designer (for drawing site layouts), a manager (for finding clients). If you want to do more complex projects, you need to add other specialists in this field.

Next you need to get them working. It is better to find the first orders yourself in order to distribute the work and check whether your team can do everything right. Then it will be possible to entrust this matter to the manager. He is also responsible for the distribution of work, monitoring the implementation and searching for new orders.

Many clients prefer freelance teams to commission their projects. The thing is that such a team can do the job much faster than single remote workers. Everything is done as quickly as possible and without any problems. When you contact a freelancer who works alone, they may get sick or simply disappear. In the case when you refer to the command, the chance of this is simply infinitesimal.

Once you receive payment for the project, you will need to distribute it among your employees. Be sure to determine in advance what percentage each of the team members will receive. You should also take a small share for yourself. Its size depends on your contribution to the common cause. If you do not want to do anything – the percentage will be less, if you look for clients and control the work – you can take a little more.

In general, if everything is set up well, you can receive a stable passive income, with little or no effort on your part. You just need to want and do, no one will just give you their money if you do nothing. Do not miss the opportunities, they are provided to people almost every day, but not everyone can see them.

When, after many sleepless nights, the diploma is finally ready, I want to pass it and forget it. But the university will not lag behind the student so easily. After all, the full text of the diploma was read only by the supervisor, and a whole commission will gather to evaluate it. Therefore, in many respects, his assessment depends on how a student defends a diploma.

So what is a successful defense?

Competent protection text
positive diploma review
confident answers to commission questions

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

Speech structure

Of course, what exactly to say in the defense depends mainly on the topic of the thesis and on what exactly is written in it, but there are general recommendations that are suitable for everyone.

First, we need to say hello to the members of the evaluation committee. (“Dear members of the attestation commission! Your attention is presented to the final qualifying work on the topic …”)
Introductory part. Here you need to reveal the topic and identify the issues that are raised in the work.
Relevance of the topic. At this stage, it is important to prove the relevance of the chosen topic and the degree of its development in other people’s works. Indicate the subject, object, objectives and purpose of the study.
Theme disclosure structure. Here you just need to list the paragraphs that are in the work and briefly describe them.
Problem statement. To confirm the relevance of the topic, it is necessary to state the problem and indicate debatable opinions on this matter.
Conclusions. At the end of the speech, the commission should hear the conclusions that the student came to in the course of writing the diploma, in which there are ways and methods for solving the stated problems.

On the one hand, it seems that it is much easier to write a graduation speech than the diploma itself. However, high-quality speech is a skillful squeeze out of the work, as well as its competent presentation. And it often happens that a diploma is written with the highest score, and a student gets a worse grade. Therefore, if there is a lack of self-confidence, you can order a speech on our website. And then the probability of failure due to bad speech will disappear. After all, we give a twenty-day guarantee for the work, and if something does not suit you, you can demand that the author finalize the order for free. We make sure that students are satisfied, so if the final version of the work does not meet the stated requirements, you will get your money back.

Formal requirements

When writing a speech for a thesis, you must also take into account that there are purely formal requirements.

Time. Do not forget that there are many students, but only one commission. Therefore, the time for a defensive speech is regulated and ranges from 5 to 7 minutes. At the same time, you should remember about the time that will be spent on commission questions.
Intonation. Where, no matter how on the defense of a diploma, is it important to win over listeners? Therefore, it is better not to read the speech monotonously, making accents with intonation.
Style. When presenting a speech, it should be remembered that the main goal is understanding on the part of the commission. Therefore, you should not be too smart, but you can’t switch to colloquial speech either. In this matter, you need to observe the golden mean.
Pronouns. As in the diploma itself, it is important to remember during the defense that although the author of the diploma is clearly spelled out, there are a lot of true owners of knowledge reflected in the work (the authors of all the sources the student relied on plus the supervisor), so first-person pronouns are not appropriate here.
Questions. After the end of the speech, questions from the commission will inevitably follow, and you need to be ready for them. Suggested questions should be written down in the course of writing the thesis, work through all the questions that arose during the pre-defense, and you can also look at the questions at the end of chapters from textbooks on this topic.
Pre-protection. In such a matter as defending a diploma, it is better not to be presumptuous and neglect pre-defense. On it, you can practice giving a speech and write down possible questions from the audience. This will allow you to feel more confident in the official defense.

Of course, these are only recommendations, and no one forces you to strictly follow them. However, the rejection of some positions during the defense will create additional questions from the certification committee, which is not always loyal. Therefore, it is best to think through all possible questions and answer them in advance in a defensive speech. Then the teachers will have a minimum of questions, and they will be grateful for the saved time.