As a former freelancer, when I look into the freelancing landscape these days, I’m like…man, it’s tough. I don’t think I could have done what I did again.
Reminds me pretty much of the Indian stock market. Back in the late 1990s, early 2000s, stock market investing was easy for us…just a couple of dozen high quality companies. You can’t go wrong with those. Easy money, stable money.
Then as the markets developed, so many new technologies and methodologies were introduced. New ways of making money. More people got involved. But did it become any easier?
No, it became harder. More chaotic, more complex. Is there still money to be made in the stock market?
Yes, but you gotta be a real pro for that these days. To make money consistently is very hard and very rare. While success of early investors has attracted millions of new wannabes, the easy money isn’t there to be had anymore.
Same with freelancing. Same with, dare I say, Kindle self-publishing. But the tough and persistent will always survive. They may not exactly thrive in the same way their counterparts did in the early days, but they will do okay.