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Glossary of Freelancing
Glossary of Freelancing
Question:
Why should I learn freelancing?
Answer:
Let’s face it, when a university graduate enters job market, there is not a lot to offer in current
Pakistani job market. Not everyone can afford, not to have a job, so what does he do? Instead of
getting into some black hole, worried about an uncertain future, freelancing is a hope to get
oneself on his feet.
Question:
Answer:
Everything that you need to understand to get started with freelancing: - You will learn the basics
of freelancing - How to get started - Introduction to the most popular freelancing portals - How
to create your profile - How to select your skills - How to apply for projects - Basic tips on
communication with clients - How to manage a project - How to get paid - Importance of
feedback once a job is finished
Question:
Answer:
Depends on your skills and an ability to adapt client requirements, market trends.
Question:
Answer:
Yes
Question:
Answer:
Yes
Question:
Answer:
Freelancing is a serious business; you do need to make up your mind before you get started. You
may get started with basic skills and keep on improving as you move on. There is a lot of market
research and material available to make you understand which skill is suitable for you.
Question:
I don’t want to bid on the project what is the best way to do freelancing?
Answer:
You can make a small team with roles defined where someone can manage the bidding process
and you can concentrate on the service itself.
Question:
Answer:
Yes, it does.
Question:
How do I get the payment from freelance marketplace to my bank?
Answer:
Question:
What are the most important soft skills to learn in order to do freelancing?
Answer:
Question:
Can I quit my day time job and do freelancing full time and earn money?
Answer:
Yes
Question:
Answer:
Depends on your skill set and how much you are focused to get things done.
Question:
What if I fail?
Answer:
You can always get restarted. Failure only means you know one more way things are not
working out.
Calculate hours : The time spent to complete the project, used to calculate the pay for the job.
Career : An occupation undertaken for a significant period of a person's life and with opportunit
Communication skill : The ability to communicate information accurately, clearly and as intended, such as Sp
Description of project : A set of goals for the project, the overall objectives for the project, as well as a project
Email usage : A method of exchanging messages ("mail") between people using electronic devices, th
Escrow : An escrow is a financial arrangement where a third party holds and regulates the
transaction.
Facebook : An online Social Network to connect with friends, family and other people you know. S
FBR : The Federal Board of Revenue is a top federal government body that investigates crime
First response : The first answer a freelancer gets from a prospect employer on a project he has bid on.
Fiverr.com : Fiverr is the world's largest freelance services marketplace for lean entrepreneurs to foc
Fixed price : In a Fixed price job, freelancers submit their proposed bid for the entire project and sug
Foreign remittance : Transfer of money from a foreign worker to their family or other individuals in their ho
Free mockup : A free mockup is a free design sample offered by a freelancer to a potential client.
Freelance platform : Freelance platform is a marketplace for businesses and freelance workers from all over
Freelancer.com : Freelancer is a global crowd sourcing marketplace website, which allows potential emp
Freelancing : A person who is self-employed and is not necessarily committed to a particular employ
Guru.com : Guru.com is a freelance marketplace. It allows companies to find freelance workers for
Highlighted Bids : Highlighted Bids is an option for freelancers to feature their bids, highlight it and mak
USD (price can vary from freelance to freelance market place).
Hosting : A web host, or web hosting service provider, is a business that provides the technologi
Internet. Websites are hosted, or stored, on special computers called servers.
Hourly job : In an Hourly job, freelancers log time with the Freelance Marketplace’s Desktop App
Diary.
IBAN : IBAN stands for International Bank Account Number, which you can use when making
sort code & account number - it's an additional number with extra information to help o
Keyword : A Keyword is a word or phrase - typically a phrase of two or more words. Keywords a
the major aspects of a search query. More number of keyword will generate more speci
Knowledge : Facts, information, and skills acquired through experience or education; the theoretical
Learning : Learning is the process of acquiring new or modifying existing knowledge, behaviors,
Limited : Term used at the end of a company name, in order to indicate that it is a limited compa
Logo : A symbol or other small design adopted by an organization to identify its products, uni
Low productivity : Low productivity in the workplace refers to a condition where one or more workers com
Manage project : A methodical approach to planning and guiding project processes from conception to c
Marketing : The study and management of exchange relationships. Marketing is used to create, kee
Mastering a skill : Understanding and executing a skill with high efficiency, performance and productivity
Mockup : Mockup is basically a model of something, which shows how it will look or operate wh
Niche : The product features aimed at satisfying specific market needs, as well as the price rang
Outsourcing : Outsourcing is a business practice in which certain functions required by the busines
business’s employees.
Payment : A payment is the trade of value from one party (such as a person or company) to anothe
Payoneer : Payoneer is a financial services company that provides online money transfer and digi
their bank account, Payoneer e-wallet, or onto a re-loadable prepaid MasterCard debit c
PayPal : PayPal is the online payments system that supports online money transfers and serves a
money orders.
Peopleperhour.com : PeoplePerHour is a freelance market composed of people who are experts in their field
PMB : A PMB is the place for you to communicate with your employer/freelancer on an onlin
Portfolio : A portfolio is a set of pieces of creative work intended to demonstrate a person's ability
Premium bid : A premium bid is a proposal that will show your quote at the top of the employer’s list
Pricing a project : Project Pricing means a model in which you are going to estimate costs of the project, a
Project analysis : The examination of all the costs or problems of a project before work is started.
Project Evaluation : Project evaluation is a systematic and objective assessment of an ongoing or completed
Project milestone : A milestone is a specific point in time within a project lifecycle used to measure the pr
up a long-reaching job into smaller pieces that a freelancer can accomplish one at a tim
Quality bid : Aims to help quality freelancers to win more projects per bid, by giving feedback to fre
Remittance : Transfer of money by a foreign worker to an individual in his or her home country.
Resources : Resources are materials, energy, services, staff, knowledge, or other assets that are tr
made unavailable.
Sample Work : The sample work is a work that the applicant has done to show his/her workability to th
Search boost : When looking at any membership above Basic you’ll start to see “Search Boost” as on
your recent earnings. Search boost will automatically add a predetermined “boost” to th
Self Confidence : The belief in oneself and abilities, it describes an internal state made up of what we thin
SimplyHired.com : SimplyHired is an employment website and mobile application and an online recruitme
Skill : Skill is the knowledge and ability that enables you to do something well.
Skrill : Skrill is an e-commerce business that allows payments and money transfers to be ma
transfers.
Soft Skills : Soft Skills refer to the more intangible and non-technical abilities that are sought from
or professional skills. These are skills that are less specialized, less rooted in specific vo
of a candidate. Examples of important soft skills are communication, teamwork and pro
Software : Software is a general term for the various kinds of programs used to operate computers
Speed of response : The time required for a system or person to react to some signal. In freelancing, it is
enquiry.
Sponsored Bid : A Sponsored bid is a way to get noticed immediately by employers over competing fr
0.75% of bid amount (minimum $4.99 USD, maximum $19.99 USD). Sponsored b
"Sponsored Bid" label.
Time Tracker : Time-tracker is computer software that allows the freelancer employees to record time
Tracking : The application of knowledge, skills, tools and techniques to a broad range of activities
Un-Orthodox : Different from what is usual or expected in behavior, ideas, methods, etc.
Work load : Amount of work or number of work units assigned to a particular resource over a given