Day 10 (Week 10)

LECTURE - Self-employment
Guest speaker Peter Micklewright is a freelance graphic designer. He gave us an insight on self-employment and how it differs from working for a company. It is hard to freelancing in the beginning as you need to expand your network and sell your brand  in order to gain more customers. 

Positives:
+ Flexible hours
+ Control over jobs and clients
+ Work whenever you want
+ You are your own boss
+ Keep all the profits

Negatives:
- Inconsistent workloads
- Difficult to distinguish work and personal time
- A lot of traveling
- No employer benefits
- Risk of not getting paid

Freelancing means that you have to exchange instability and the risk of failure for professional freedom. On the other hand, if you are wiling to risk your stability for something more in tune with your professional goals than a traditional job, you have the opportunity to build your name and reputation in the industry.

SEMINAR - Production schedule and hourly rate 
Peter Micklewright taught us how to manage our production schedule and hourly rate for being a freelancer. The more experienced and professional you are in your field, the higher hourly rate can be applied. The hourly rate calculation/formula he gave us was pretty complicated at first but we managed to understand it after some practices on the spot.

I was happy that this was taught to us since freelancers usually do not disclose the details on their work.