The internet will set you free. If you enjoy crunching numbers, you can now freelance and make money more easily than ever before. Here at Evviva, we are committed to helping you achieve financial freedom. One of the key tools to building your abundant life is side hustles like freelancing.
What Is A Freelance Data Analyst?
A freelance data analyst is a data analyst expert who works independently rather than for a firm. As a result, they have a greater job and scheduling flexibility.
A freelance data analysis will charge a set hourly fee or per job to clients who require their services on a regular basis or simple bill by the project. Freelancers can demand a premium since businesses need their services but do not want to pay compensation and benefits. As a consequence, many companies have an immediate demand for your abilities.
Data analyst can work with clients on a number of interesting projects ranging from economic analysis to machine learning.
Project examples:
- Data visualization
- Statistical analysis
- Product analytics
- Customer Service Analytics
- Many more
Why Be A Data Analyst?
In the year 2023, being a freelance data analysts has many advantages. For one thing, the freelance sector in the United States is worth about $1.2 trillion each year, according to CNBC (2020). That’s a BIG number.
As a freelancer, you can work from anywhere with an internet connection. You are in command of your own time, so you can pick when and how much to work whenever you want. You have the freedom to choose who you work with and which duties you perform. Freelancing is a great side hustle in college and can even become your job after graduation.
Another advantage of freelancing is that it can make you a lot of money. The average freelance data analyst makes about $20-50 per hour, but the top earners make up to $250 per hour. (Upwork, 2022)
Freelancing also allows you to be more selective about the jobs you take on. You can choose and complete tasks that interest you and are consistent with your beliefs.
How To Become A Freelance Data Analyst?
It’s possible to work as a freelance data analyst without having a four-year degree in data analytics or being a professional coder. The wonderful thing about working as an independent contractor is that you can get started with little skill and still make money. As your abilities and ratings improve, your prices will rise from low to high. This demonstrates how much more expertise you have than the competition. There are a few key things you need to get started as a freelance data analyst:
- Programming skills in one or more coding languages
- A portfolio of projects to showcase
If you have these things, you’re well on your way to becoming a freelance data analyst.
Programming Skills
The first stage is to enhance your skills. If you’re learning from scratch or want to improve your abilities further, there are a number of resources available to you. You may choose to study on your own by watching free instructional films or enrolling in an online course at home.
The more you practice, the better you’ll get. Here are some resources to help you get up to speed and begin creating your portfolio.
Online Courses:
The Data Science Course 2022: Complete Data Science Bootcamp
If you don’t have any experience with data analysis. This is the place to start.
This course will teach you about the mathematics and statistics used for data analysis, as well as how to use Python to perform this analysis. After the basics, this course dives into and teaches you highly specialized topics such as machine learning.
Covering nearly 30 hours of material that ranges from the basics of probability to coding machine learning, this course has tremendous bang for your buck. The 500,000+ alumni must agree with their 4.6/5.0 star course rating.
2022 Complete Python Bootcamp From Zero to Hero in Python
If you don’t need to spend time learning math but still need to learn to code, check this course out. Python is one of the most popular coding languages out there. It is also quite useful for data analytics.
This course will teach you Python from the ground up. It starts with the basic concepts and then builds on that knowledge. By the end, you will know how to use Python inside and out, finishing with three comprehensive, portfolio-building projects.
This course is over 21 hours long and has 100+ lectures. It is extremely comprehensive and will take you from zero experience to expert.
R Programming A-Zâ„¢: R For Data Science With Real Exercises!
This course will teach you how to use R, which is one of the most powerful data analytics tools.
Structured to teach you through real-world applications and projects, this course will not only get you started with R but also build you a comprehensive portfolio as you do. R is complex, this is why the course breaks it down into step-by-step lectures that slowly build your knowledge and allow you to take your time learning.
Create A Portfolio
After you’ve perfected your skills, it’s time to put them to use. A portfolio is a collection of your greatest work that you may submit to potential clients.
It’s critical to have a varied portfolio of work so that clients can see your talent set. You might use Creating an online portfolio on sites like Wix, Weebly, or WordPress is simple. It’s quick and free to get started. Some freelancing sites will let you post directly to your page, negating the need for a separate portfolio.
If you enjoy programming or took one of the courses listed above, you’ll have a lot of content for your portfolio. All you need are a few things to get started. It’s time to seek clients once you’ve finished building your portfolio.
Where To Find Clients
Once you’ve established that you have the necessary abilities, it’s time to start making money! There are several freelance platform websites where you may connect with clients right away. It’s never been easier to earn money as a freelancer software developer.
You can check out our article on freelance platforms if you would like to see more options, but here are our top three recommendations for freelance platforms.
Top 3 Freelance Platforms to Find Clients
1. Fiverr
Fiverr is one of the most popular freelance websites; it is easy to use and has a huge pool of clients ready to hire.
One of the best things about Fiverr is that it’s straightforward; clients can search for consultants by skills and location, and then view their profiles, reviews, and gig descriptions. Then you both can easily chat on the site.
Key features:
- Huge pool of consultants & clients
- Easy to use
- Consultants are rated and reviewed
- Fiverr takes a 20% cut of every transaction.
2. Upwork
Upwork is a major freelancing website with over 12 million registered freelancers and 5 million customers. Upwork has a comprehensive vetting procedure for contractors, so businesses know they can rely on you.
A freelancer’s profile on Upwork includes a CV, portfolio, testimonials, and a rate card. To help clients and freelancers find the ideal match, Upwork offers a searchable database of professionals, skills tests, and bids.
Key Features:
- 16 million registered freelancers
- Rigorous screening process
- Skills tests
- 20% fee for the first $500
- 10% from $500-10,000
- 5% above $10,000
3. Freelancer.com
Freelancer is one of the most popular freelance sites, with over 25 million registered users and 10 million projects posted every year. If you want to take on one-time jobs or look for long-term employment, Freelancer is a fantastic platform.
One of the finest features about Freelancer is that it provides a variety of methods to earn money, including hourly jobs, fixed-price projects, and contests. This makes it simple to locate work that matches your schedule and abilities. There are also several tools available to make locating the appropriate project easy, such as a searchable database of projects,
Key features:
- Contests
- Built-in messenger
- 6 free bids per month (for free users)
- 10% fee for hourly projects
- 10% or $5 (whichever is higher) fee for fixed-price projects
- 20% fee for services
What Are You Waiting For?
As a freelancer, you can work from anywhere in the world with access to the internet. Better yet, you have complete control over your schedule. You also get to choose who you want to work with and which responsibilities you’d want to undertake as a freelancer. This is an excellent side hustle while in school that might lead to a fun and flexible job after graduation.
To score freelance data analyst jobs, all you have to do is follow these three steps: develop your portfolio, hone your abilities, and sign up for a platform. Freelancing is an excellent way to supplement your income or start a part-time business. Many sites, such as Fiverr, Upwork, and Freelancer.com provide you with the tools you’ll need to identify consumers and generate money. Start now!
