Entrepreneur, Homepreneur, Freelancer, Employee- A comparative study series; Part 2

Disclaimer: This analysis/ study is my personal opinion based on the experiences i have had as a freelancer. This is not in any way an authoritative document. However, you are free to discuss your perspective with me. Will be glad to know what you think.
Part1 synopsis:

Becoming a freelancer is a transition, and not a degree/diploma.
Help yourself – Educate yourself – Make informed choices.
When in doubt, google it/him/them.. and… google some more.
Perseverance is the key.

Back in those days, when we moved into the suburbs of Chennai, we were the only family who had been to hindi-speaking-states. This was also the time, when schools, in addition to the state language ( Tamil) also allowed students to choose Hindi as the language option. It so happened that our neighbour’s kid wanted some help with her hindi and my mom offered to help…. the kind if favour we extend to neighbours. One thing led to another…soon… my mom had a new title “local Hindi teacher”. Neither she had any formal teacher’s training, nor was she working at some school… but her hindi was good & the kids were scoring good marks, taking part in Hindi essay writing completion et al.
Today, as I write this, it makes me wonder that perhaps this is my first introduction to homepreneurship. Our home was her “work space”, the dining table doubled up as the study table. Every inch of the floor is strewn with books, you could hear Kabir & Rahim’s dohas at every conceivable pitch. The frenzy of activities starts typically at 5:30pm and continues till 7:30 pm every weekday. Exam weeks are the only exception. There are special tests on weekend as well. The time 5:30 pm – 7:30 pm was of paramount importance to my mom. My dad used to back from work at about 8:00 pm, and we had to study as well. No amount of cajoling, lure of higher pay would convince my mom to work out of this schedule.

Typical Freelancer Homeprenuer
  • If he / she is the breadwinner of the family, there is tremendous pressure to get clients – work – get paid. Else, sees this as an additional source of income.
  • Also tend to fall into the trap of ” 24 hrs make a day, I can take work that fill all of this time”… often the realization of “we cannot be actually working all 24 hrs” sets in after he/she bite more than what one can chew.
  • Predominantly takes up solo contracts.
  • Has a great network of people who are great at other things… and team is called in to handle a project that needs wider skill set.
  • Choose their own “Time-to-work”.
  1. Time allotment ‘tend’ to change with each client.
  2. Temperamental with ASAP projects
  1. Has to consider chores at the house, family commitments before allocating time on a daily basis (eg: 1:00 pm – 4:00pm)
  2. Tries to accommodate clients within this time. For they rest, the homepreneur just has to pass.
  3. Accepts ASAP work under exceptional circumstances.

Between a typical freelancer and a homepreneur, the differences are not as stark as it is between an employee and freelancer. The difference lies in how they manage these similarities in their own unique way.

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