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How much can I earn from freelancing in Bangladesh?

How much can I earn from freelancing in Bangladesh?
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A large part of the population of Bangladesh is now young. And young people can change the pace of a country’s economy. The number of people aged 18 to 35 is now higher, which is about 32 percent of the population (source: CIA – The World Factbook).

Between 2015 and 2016, it will increase to 40 percent. When the proportion of young people in a country is the highest, it is called Demographic Dividend or Demographic Bonus.

This condition is also called Windows of Opportunity. This can open the door for the development of any country. And if they are not used properly at the right time, it will be a burden and a serious danger for any country.

One of the most effective solutions is to build these highly educated and working people in Bangladesh as qualified for online outsourcing work or as freelancers.

Outsourcing is the work of an organization and not with the help of an outside organization or person. This work can be part of a special project or an entire project. Freelancing is when a person works for a different organization or person on a contract basis without working for a specific organization. Just as a freelancer has the freedom to choose the type of work he has, so does the freedom to work when he wants to.

Freelancers are not restricted to the usual office hours. Companies usually outsource to reduce production costs. Many times outsourcing is also done due to lack of adequate time, labor, or technology. Basically, IT-based jobs (such as – Web Development, Software Development, Writing & Content, Design, Multimedia & Architecture, SEO / SEM / SMM, Data Entry, etc.) are outsourced.

Notable among the countries that provide such services are India, Ukraine, Brazil, Argentina, Indonesia, China, Philippines, Russia, Pakistan, Panama, Nepal, Bangladesh, Romania, Malaysia, Egypt, and many more.

History of Freelancing

The history of freelancing in Bangladesh is not very old. This profession has gained a lot of popularity in the last three-four years. But the idea of ​​freelancing was already there in other countries of the world. It was started in 1997. “GURU” –

The first freelancing marketplace was founded in 1997 at SOFTmoonlighter.com. Following the popularity, many more marketplaces, including Elance.com, RentAcoder.com, Odesk.com, GetAFreelancer.com, Freelancer.com, limeexchange.com were established. Freelancing is gaining popularity day by day in Bangladesh due to the spread of the internet.

The way freelancing works

If an organization or person (Employer) wants to outsource any of his work, then he comes to the freelancing marketplace and invites bids from freelancers for that work. In a bid, a freelancer specifies how many days he will be able to complete the work and how much he will be paid.

In this way, the Employer selects the most suitable and convenient bid out of the number of bids for a job. He then contacted the freelancer and discussed the work in detail. At the end of the work, payments are made in various ways, which are described in detail in the “How to Raise Money” section.

Prerequisite for freelancing

It is important to have skills in one area to start freelancing. You also need to have a good knowledge of internet usage. However, if you have skills in more than one computer, then naturally you can work on a large scale. Most of your clients will be non-Bengali, so you need to communicate with them in English. They can interview you via Skype or other messenger services. So it is very important to have a good command of English.

How to get started

A client will only hire you when he or she is satisfied with your profile and will appreciate the amount you bid. So first of all you have to create a beautiful and tidy profile that will make anyone interested in working with you. At the same time, you visit different marketplaces, learn about their needs and build your profile accordingly.

Here’s what you need to do to create a good profile:

  • Make yourself proficient in a particular task. You will get the most help from search engines (such as Google, Bing, Yahoo, etc.) and various video tutorials. Besides, there are many training centers in the country, from which you can take some basic training. But you don’t just have to rely on training centers, you have to learn a lot about yourself to move forward.
  • Create some work according to your skills. For example, if you are good at web designing, create some web pages, show them in your marketplace profile. Again, if you are good at writing or photography, put some samples of them in your profile.
  • Proficiency tests can be given in freelancing marketplaces like ODesk.com, Freelancer.com, elance.com, etc. These are important to give. The more exams you take, the more likely you are to get a job.
  • Share your profile and skills only in places other than the freelancing marketplace – such as friends, social networking sites, blogging sites, or forums.

Here’s how freelancing works:

If an organization or person (Employer) wants to outsource any of his work, then he comes to the freelancing marketplace and invites bids from freelancers for that work. In a bid, a freelancer specifies how many days he will be able to complete the work and how much he will be paid.

In this way, the Employer selects the most suitable and convenient bid out of the number of bids for a job. He then contacted the freelancer and discussed the work in detail. At the end of the work, payments are made in various ways, which are described in detail in the “How to Raise Money” section.

How to get clients:

One study found that freelancers get the most work through someone else’s reference. If you don’t know someone who can refer you, create a nice profile, set the right money bid / hourly rate, and wait patiently. Getting the first job often depends on luck. You can get a job in 3 days, and it can take up to 3 months. This is a big test of your patience.

Once you get the job done, complete that task with the mind in the allotted time. The client will be happy to give you good feedback. Later you can get a new job from this client.

What to do:

You can get different jobs depending on your skills and experience in the freelancing marketplace. Easy tasks include Search Engine Optimization, Article Writing, Data Entry, etc. Naturally, since the tasks are easy, bidding is most common in these and it is difficult to get them suddenly.

A little harder than these is Web Development, Product Development, Software Development, Graphics Designing, etc. Hard work pays more than easy work.

What you do depends on what you feel comfortable doing and what the marketplace demands. Always try to balance these two things.

Rates are determined based on how complex your task is, how long it will take to complete, and experience.

How to bid:

There are two main types of bidding:

Project Fee: When a project is offered in the marketplace, you can bid on how much it will cost to complete the entire project.

Hourly Rate: This way you can bid on how much you will be paid per hour to work for a project.

How to withdraw money:

Bank-to-Bank Wire Transfer: You can bring money directly to your bank account from some marketplaces. However, this cannot be done from all marketplaces, in which case you can use various services for online money transactions. In this method, your money will first be credited to your account in the marketplace in dollars. After receiving the money, you can transfer it to the account of Skrill (former Moneybookers) or any such money service.

In this case, you may have to pay a transfer fee depending on the marketplace. Then you can bring that money from Skrill to any bank account in your country. At this stage, the bank may deduct another transfer fee from you. In this case, you have to keep in mind that the bank must have a SWIFT Code.

Otherwise, your money will not be transferred from Skrill. The whole process takes about a month for the first transaction. Subsequent transactions take place within seven days. To get the SWIFT Code of Bangladesh Banks, you can see the following link: http://www.theswiftcodes.com/bangladesh/

Payoneer Card:

For a certain amount of money, you can get a card to withdraw money from your marketplace at any time. It’s like a debit card. With this card, you can withdraw money deposited in your marketplace at any time through ATM from anywhere in the world. With this card, you can withdraw money as well as shop online. It will even allow any of your relatives or friends abroad to send you money from their MasterCard or Visa card.

Direct transfer from client

When someone becomes your regular client, you no longer have to go to the marketplace to get projects from them. He will contact you directly by e-mail or any other means to give the project and transfer the payment of the project directly to your bank account.


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