I’m in a situation where I hate my Job and career path and would really like to make a change in career. My biggest issue is I bring in the money for the Family (I have 2 wonderful kids) and changing career is a big risk and could cause issues, so I feel I’m completely stuck in a rut
Anyway, I Google searched for legitimate self employed jobs or careers paths and Fiverr popped up. I took a look and it seems pretty cool, I like that its a great way to sell a wide array of services including the area I would most like to change my career into (Art work, sketches, comic styles etc…) So I created an account in the hopes it would help push me into doing something about my career and hopefully allow me to be a lot happy with work and maybe earn a living doing something I enjoy.
This is where I get confused, I’m no businessman, I have a full time job as it is, 2 kids to look after, no idea if earning money via this will cause me any other money related issues via the tax man, whether using this would be classes as a second job, or even as a business I would have to declare, no idea about VAT ID’s which I would need it seems and have no idea what to actually post as a gig just that it would be in the graphics and design area. (bare in mind I am at the moment a full time Electrical engineer for a Machining company and have only GCSE level education in art the rest is self taught through books and the internet)
So it would seem I am up against it and maybe over thinking everything a bit much but I guess I’m just trying to protect my family while I dip my toes in new water. So any and all advice is gratefully received.
Also, just so I’m clear, can I earn a fully time wage from these gigs to support my family? or is this really just for extra cash?
or would these gigs potentially lead into a full time job within a new area if people see my work?
Ok I’m gonna stop asking questions as I’m not sure what I’ve typed even makes any sense haha
thanks in advance
Just so everyone can see I can actually draw this is an avatar picture of my Son I have been working on in Sketchbook pro
superskinz said: no idea if earning money via this will cause me any other money related issues via the tax man, whether using this would be classes as a second job, or even as a business I would have to declare, no idea about VAT ID's
I can’t answer you on most of this part since I don’t need VAT and I can only answer within limits on the issues. When you start out on Fiverr with a gig or two, it isn’t that common to make large amounts of money right out of the gate. Even if you did, you don’t have to withdraw it to a bank account, PayPal, etc. Most countries and their sub-categories (states where I live) won’t give you any trouble if your earnings are under a certain amount. Someone on Fiverr who is from your region would have to advise you to a point, and if you were to start making a lot of money later on, you might need to consult a tax advisor in your region.
superskinz said: have no idea what to actually post as a gig just that it would be in the graphics and design area.
Most people start out with a gig that offers something they already know how to do well. Perhaps your artwork is good enough that you could do that in the graphics and design area. You can look at other sellers in that area to see if you can replicate the type of work they do and base your gig from what you are inspired to do by their gigs. Don’t directly copy their text or images, just use their work to help you figure out what you want to write and use your own images for the gig description.
superskinz said: just so I'm clear, can I earn a fully time wage from these gigs to support my family? or is this really just for extra cash?
When you start out on Fiverr, you are likely to earn about $4 in U.S. currency per gig. Fiverr takes 20% right off the top of your $5 earnings. It will cost you a bit more when you withdraw the money, so you’ll make something over $3 and less than $4 by then. Even if you sold several gigs per day that you could do in the evenings after work and after the kids are in bed, that probably isn’t going to supply you enough to support a family. Most people on Fiverr who have day jobs keep them at first.
They use Fiverr to make a little extra cash and if you really want to succeed later, you may need to reinvest that early cash in your own gigs. Buy equipment, software, advertising, or whatever you need to turn it into a business. Down the road, sure, you can earn a full-time wage. You can look at the blog for examples of people who have done so, or listen to the podcasts which feature people who are usually full time.
They didn’t just quit their jobs, open a Fiverr account, and start working full time in most cases if any at all. Even someone who pushes hard would probably need 6 months to a year to make a solid wage and one down month can put you back into pocket change, so you’d really want to have months of savings before you considered doing this full time.
superskinz said: would these gigs potentially lead into a full time job within a new area if people see my work?
Some people probably do use Fiverr to build a portfolio so they can get a regular job and switch fields. I doubt that is super common. People in your area aren’t just going to see your gigs and hire you. You would have to work hard and then use your Fiverr experience and portfolio as a part of your resume or CV to get a regular job in that area.
I don’t think this is what Fiverr is typically used for. You’d be better off to consider it a hobby business to start, then work toward it being a part-time business, and then if you do extremely well, it might become a full-time business after you have a solid year of savings to support your family, the tax and accounting issues sorted out, etc. It can happen, but not by accident and for most people, not fast.
If you got this far in this lengthy response and are still interested, I would suggest that you just make two or three gigs based on something you can already do well, try to make a few bucks, and read the forums, blogs and help. Re-assess after that and see where you want to go next.
Going off and being a freelancer is not steady work, so if you have a family to support fiddling around on Fiverr is not going to do it. You will not earn living wages, and if you could build up a freelance business it will take a few years, especially becaue you do not even know what you would be selling.
You can certainly make some extra money each month for groceries to start off with, but Fiverr is a freelancing website. Being a freelancer means you never have anything steady and you have to always be advertising for your next orders.
If you do not like your job, perhaps you might consider a change in employer, find a company you like a little better or do what you do but within a different industry to change it up a bit. For example an accountant can work for a cleaning supply manufacturer, or they can work for an advertising agency, it would be a totally different job.
YOu really need to be researching how to be a FReelancer in the UK and what that means tax wise.
also, do not get fooled by “self-employed or work-at home get rich quick schemes”. That is all they are schemes. It takes lots of hard work. Here on Fiverr your education doesn’t matter so much as just your pure talent and structuring a gig that sells. I would spend some time reading lots of other Sellers gigs in the design categories, see what kind of products are in demand and see if that is something you can do. You can put up a gig or two and see what happens. It costs you nothing to post a gig, so just do something and see what happens. Be sure to make your delivery days at least 3 or so days if you have a full time job and family to take care of.
Hey there! Not sure about the tax issues because I’m a student we don’t have to deal with that…
Also fiverr is not a steady income it can go up and down. However in your field of custom artwork, sketches etc if you’re "good"or unique you do have the potential to make a lot of money on here. One popular gig I see around the site, is drawing someone in a certain style (comic book, simpsons, pop art etc) or drawing illustrations for books etc there are some very successful top sellers that specialise in these areas.
Do Logo Designs.
Because logo designs don’t run out of demand.
Believe it or not, some buyers look for new sellers hoping they get quality service and full satisfaction.