The concept of Freelancing is different from a conventional job because it gives you the freedom to be your own boss rather than being employed by someone. Freelancing is for all those people who are not happy with their 9-5 jobs, and don’t want to follow the mechanism of conventional jobs. Freelancing is better than any other job because it gives you freedom of time, and there is no need to follow a formal working environment. But hard work, self-assessment, and dedication are the most important factors to be a successful freelancer.
00:18it is important that you figure out the project deliverables and milestones
00:22and record them.
00:24When I say that it is important to figure out,
00:26It is dependent on your end as to what are the deliverables you keep as a date and what are the deliverables on the basis of which you will earn money on completion and secondly, how do you set milestones in them.
00:41Three things are very important in project deliverables.
00:44First of all, we will discuss the draft phase by giving an example.
00:47Look, I told you that I am a graphic designer.
00:50The draft phase means that if an employer awards me a logo project and I keep its price at $100, that's just for discussion sake.
01:03Sir, after the project award, I have to give sets of different logos, right?
01:09I cannot convince the employer on one logo.
01:12I have to tell him that I am giving you three or four different samples.
01:17Based on that, if you like what you see, we can improve that draft.
01:21This is called the draft phase.
01:23There are two things associated with this draft phase.
01:26One is the timeline and the other is the price.
01:29Now, the first factor is the timeline.
01:32Since this is the draft phase and you are creating artworks for people.
01:36By the way, I am giving an example of a logo.
01:39You can correlate this with your work, with your skill set.
01:43So, when you are talking about the draft phase, you will say that I will deliver this in this time frame.
01:51It could be two days, it could be one day, it could be five days based on your time and experience.
01:57Secondly, what is the price associated with this particular draft phase?
02:02Obviously, you have to give the delivery time and you have to give the price.
02:06These two things matter a lot.
02:09Always remember that nothing in the world is free.
02:14It is free, we will talk about it later.
02:18But when you get the project award, it is not free.
02:21Before the project, a lot of things are free.
02:25So, in the draft phase, kindly keep these two things in mind.
02:28Which time frame will you give the output keeping in mind and what is the price associated with it?
02:41Secondly, final output based on draft.
02:46Imagine, while giving an example of graphic designing, ladies and gentlemen, my logo has been approved.
02:52The client says, using these colours, I like this design more or less.
02:59This means the work is done.
03:01Now, here you have to give the final output.
03:05Determine its time and its price.
03:08The first milestone, which was the draft phase, took so many days and its price was this.
03:13Now, the output is complete.
03:17This is the timeline.
03:19It will take 4 more days to finalize or 4 more hours.
03:22I believe in hours, not days.
03:25But since you are a beginner, you can look at it at your own pace.
03:28And secondly, this particular milestone costs this much.
03:34So, it is possible that if I gave you an example of $100 related to this particular deliverable case,
03:41then I will keep $25 for the first phase, which is the draft phase.
03:46For the second phase, which is the output phase, I will keep $50.
03:51And for the remaining $25, which is the third point, deliverable outputs.
03:57This means that when I complete the logo,
03:59all the formats that the employer wants, high-res source file,
04:04because obviously, if they want to print, they need high-resolution.
04:08Artwork will not work, which is low DPI.
04:11Along with that, employers usually prefer different types of output in different formats.
04:19For example, let's give an example of logo.
04:22There is JPEG format, PNG format, GIF format, so on and so forth.
04:27So, it is on the discretion of the employer.
04:29It is dependent on the employer what output they want.
04:32But I will give a few hours for this final output.
04:35For a discussion sake, for all those graphic designers who are watching this video,
04:46I typically do a logo within two days, which includes the draft phase,
04:51then moving down to the final output, and then, of course, the deliverable outputs.
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