Your #Career : 5 Kinds Of Freelance Work Worth Quitting Your Job For…Right Now, over 53 Million Americans are Earning Money from Freelance Gigs. By 2020, Half of All Jobs will be Remote, & a Good Chunk of Those Will be Freelance Positions.

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These mind-boggling numbers point to a single, inevitable truth: work, as we know it, will never be the same. I have no idea what the work economy will look like by 2050, but that’s exactly why it’s so exciting to think about.

Free- Women walking on Narrow Bridge

A combination of rising rent costs and diminishing benefits has led to record numbers of millennials leaving the traditional workforce for the freelance or “gig” economy.

It also just happens to be the best time to be a freelancer. With a toolbox of productivity and communication apps, tech-savvy young entrepreneurs are entering a golden age of freelancing, a period that is redefining work.

—–Right now, over 53 million Americans are earning money from freelance gigs, and 87% of students with first or second-class degrees in the UK see freelancing as a highly attractive career option. By 2020, half of all jobs will be remote, and a good chunk of those will be freelance positions. We’re already seeing billion-dollar startups with a 100% remote workforce, and that trend is only going to continue.

Interested in leaving your 9-to-5 and striking out on your own? Here are 5 kinds of freelance work that are in high demand:

1. Copywriting and Editing

Twenty years ago, anyone who wanted to pursue a career as a writer needed lots of passion, tons of drive, and a true appreciation for words. Those skills are still important, but now there’s an even bigger motivation: making a good living.

While a freelance lifestyle lacks the consistency of a 9-to-5, some quality freelance writers make up for it by charging well over $100 per hour. More experienced freelancers make a killing, sometimes getting paid as high as $1 per word for blog posts. What happened? Google’s algorithms. The search engine favors fresh content written by skilled writers.

And as online branding becomes more reliant on strong, human writing, consumers begin to expect it. In recent years, there’s been a350% surge in demand for content writers. With so many companies unable to hire full-time writers, freelancers step in to fill the void.

 

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2. Subject and Test Tutoring

Everyone knows that American public school teachers are underpaid. Tutors, on the other hand, are very highly paid.

The top tutor in the world is paid $1,250 per hour. That’s more than most people make in an entire 40-hour work week. But even regular tutors can make a good living—anywhere from $65–$100 per hour. The tutoring lifestyle also offers tons of freedom and flexibility. You make your own hours and you build a genuine relationship of trust with your tutee. These are exactly the kind of perks that millennials, and so many others, value.

3. Development and Design

We all know that developers make a good living. But what about freelance developers?

Unsurprisingly, demand for freelance developers and designers has exploded in recent years, thanks to the surge of mobile-first products and services that show no signs of letting up. This translates to a strong yearly payout for freelance developers. Even Java devs, some of the most common types of programmers, make nearly $100,000 per year.

While freelance devs don’t get the full-time perks and benefits their Silicon Valley peers do, they make up for it with remote work and no non-competes.

4. Freelance Life Coaching

Believe it or not, millennial life coaches are on the rise. While many may find that strange (how can someone who hasn’t lived even half their life give life advice?) the numbers don’t lie.

One of the biggest markets for millennial life coaches is, of course, other millennials. With so many suffering through the aftereffects of the recession, a young and motivational coach who can empathize may be just what they need to get their life together.

Even more interesting is the trend of older professionals hiring younger, millennial life coaches as sources of motivation. And as with every other freelance gig on this shortlist, in-demand life coaches make more than $100k per year.

5. Freelance Animators

In our mobile-first world, even regular 10-second spots and animated banner ads require little touches of digital animation (an eye-popping font here, a cartoon explosion there).

Enter the countless freelance animators who used to have a hard time making more than $30,000 per year at full-time gigs. This is one of the few jobs where you get paid by the second for work you produce. How much per second? Depends on the quality—but rates can range anywhere from $300–$2,000 dollar per second.

Of course, a lot of work goes into that one second. But that also means that landing one or two good clients, even for just a short commercial, can pay your rent in no time.

With the freedom and high compensation several types of freelance work offer, it’s no surprise millennials are turning away from office jobs and embracing remote work.

—–Right now, over 53 million Americans are earning money from freelance gigs, and 87% of students with first or second-class degrees in the UK see freelancing as a highly attractive career option. By 2020, half of all jobs will be remote, and a good chunk of those will be freelance positions. We’re already seeing billion-dollar startups with a 100% remote workforce, and that trend is only going to continue.

These mind-boggling numbers point to a single, inevitable truth: work, as we know it, will never be the same. I have no idea what the work economy will look like by 2050, but that’s exactly why it’s so exciting to think about.

 

Forbes.com |  July 11, 2016 |  Under 30 Network  CONTRIBUTOR