How to Make Money on Upwork [2022 Updated Guide]

How to Make Money on Upwork [2022 Updated Guide]

If you want to learn how to make money on Upwork, this review is just for you. It is especially useful for freelance beginners in Upwork freelance jobs and making a start in online employment in general.

No experience = no problem. You can use Upwork jobs to build your freelance portfolio from the ground up and progress towards a higher paycheck. It was possible to make money on Upwork in 2020.

It’s great that job platforms like Upwork exist because these days, many people are left with no options at a time of crisis. With Upwork jobs, you can find freelance work easily and start earning money instantly.

With 12.6 million unemployed Americans in 2020 and limited work possibilities, it is safe to say Upwork freelance jobs will become more and more popular. According to the latest statistics, the employment situation in the U.S.U.S. is far from looking optimistic.

Even if you have managed to keep your old job, having a plan B is always recommended. So, this is a great time to look at other options. The job market is changing fast, so it’s smart to be informed about the latest trends. Remote working, working from home, and online working may be new to you, but they have been around for some time now.

I will give you step-by-step instructions on how to set up an Upwork account, how to present yourself in a better light, how to look for Upwork jobs, and finally, make money on Upwork.

I will give you my best tips and advice on all Upwork related. You can learn from my mistakes.

So, if you’re not on hiatus and you want to start earning money online as soon as possible, read and follow this complete Upwork guide.

What is Upwork

Upwork is an online job platform. It is the largest hiring platform in the world. It was started in 2015 by two friends in the U.SU.S.

Upwork is a place designed for employers (in Upwork’s lingo: clients) and job seekers (freelancers). Both clients and freelancers can post jobs.

Upwork advertises freelance job vacancies in numerous categories (around 70).

On Upwork, clients can post an ad for a job and hire someone. Freelancers can create a profile and offer their services.

Also, Upwork is a place where anyone can search through posted jobs and find work.

According to Wikipedia, Upwork has five million registered clients. Three million jobs worth over $1Bn USD are posted annually.

How to set up an Upwork account

To get access to Upwork jobs and make money, you first have to set up an Upwork account.

Go to upwork.com, and click on SIGN UP.

How to Make Money on Upwork [2022 Updated Guide]
How to Make Money on Upwork [2022 Updated Guide]

Ou can get a free account if you continue with a Google account, an Apple account, or by submitting your work email address.

The next step is completing your Upwork profile. Upwork leads you through the process. You just move from one category to another and fill in the required fields or choose an answer. You can choose how many hours you are available for work, the location, and the desired pay. You will have to wait usually a day for Upwork to approve your account.

How to Make Money on Upwork [2022 Updated Guide]
How to Make Money on Upwork [2022 Updated Guide]

What types of jobs are on Upwork.

Freelancers are in-demand.

Upwork jobs are organized in categories and searchable through an alphabetically-organized database.

Jobs can be short-termed and longer projects.

There are thousands of jobs available and more coming in with each new hour.

How to get a job on Upwork with no experience

Start bidding at an entry level. You can set your own hourly rate at around $5. It is important to set your pay low at the beginning. As you gain more experience, you can gradually increase your rate.

Stand out with a great Upwork profile. Take your time and think hard about the best way to present yourself. You have to sell yourself. Once you’re done, you are not done. Update and tweak your profile often.

How to get paid on Upwork

You can get paid via PayPal, direct deposit, or wire transfer.

You can work on an hourly basis and for a fixed fee.

If you work on an hourly basis, you will receive a certain amount of money every week.

If you work on a fixed fee, you will get paid after reaching milestones and upon job completion.

If you work on an hourly basis, you should use the Work Diary in the Upwork desktop app. Once you log in, this function helps keep track of logged hours and records your progress on a project. This way, you can make sure you’re getting paid and protect yourself from scams. Upwork will help you in case of disputes.

This app also helps on larger projects when there are many collaborators. It helps with communication and enables sharing of files.

If you work at a fixed price, a client has to set aside the money for your pay. Additionally, the client has to set milestones (checkpoints) for your work. You receive some of the money once you complete a certain part of a project.

You will get paid the rest of the money once you have completed the work.

In case the company decides to drop the project or refuses to pay, you can start a dispute. This is where enabled Work Diary and Hourly Protection come in handy.

How to Make Money on Upwork [2022 Updated Guide]
How to Make Money on Upwork [2022 Updated Guide]

Is it hard to get work on Upwork?

A lot of factors go into improving your chances of landing an Upwork job. You can work on your profile, portfolio, and job performance ratings.

The most important factor in getting hired is applying fast. Be among the first to submit your proposal. This will significantly increase your chances of being noticed, shortlisted, then invited to an interview, and possibly hired.

Make sure you download the Upwork app. The app will send you notifications of new job postings and help you apply fast.

Can you make good money on Upwork?

Yes.

Companies that hire freelances usually fall into two categories: the ones that are looking to hire workers for really cheap and businesses that are willing to pay top dollar for your expertise or talent.

So, you have good chances of finding a start-up willing to pay you loads of money if you can bring your unique skillset to the table.

Is Upwork good for beginners

Yes. A ton of jobs get posted on the Upwork job board, so you should be able to find something that fits your skills.

Beware, there is a lot of competition at the bottom level of the job market. A lot of clients are looking for the cheapest solution. And, if you’re a beginner, you should be OK with that.

You have to be fast, persistent, and resilient. With maximum effort, you can slowly advance to a higher paycheck.

What are common newbie mistakes on Upwork?

Don’t apply to just any job, hoping it will work out. Read the job description carefully. It’s all there. If you don’t get the job, you’ve wasted your Upwork connections. If it turns out that you’re not qualified for the job, your account could get deleted. If you do a bad job, the client will give you bad reviews.

Be selective about the clients. You need great reviews at the start. You will not get this from difficult employers. You can read reviews of the client written by other freelancers who worked with them on previous projects. Even in the real world, it’s always a good idea to check out your potential employer before you apply for a job. LinkedIn, Glassdoor, or a simple Google search should reveal some useful information about any company.

Before you submit a proposal, check the activity on the job, especially when it was last viewed by the client. If it was days or weeks ago, you should skip it.

They are not negotiating. A client may approach you first with a low offer. You don’t have to accept the first offer on the table. There is always room for negotiation.

How to Make Money on Upwork [2022 Updated Guide]
How to Make Money on Upwork [2022 Updated Guide]

Upwork Advantages

  • Upwork Marketplace is great for connecting with clients and freelancers.
  • Upwork offers an opportunity to freelancers with and without experience to build up their portfolios and develop new skills.
  • Upwork makes it is easy to find a job because clients come to you. All job listings are in one place. There are many postings in numerous categories.
  • You are in control. You choose how much you want to work, when, and for how much money. You can choose your employer or employee. Nothing is set in stone, so you can control every part of the process.
  • Freelancers can choose what jobs they want to apply to, the actual clients, and set their desired wages.
  • On Upwork, you can negotiate the price of your work.
  • Upwork is a great place to find temporary work. You can decide to do just one project per month to earn extra cash.
  • Anyone can post a job ad on Upwork. Hiring is not reserved only for companies.
  • On Upwork, you can find unique job postings by start-ups and small niche companies that are willing to pay big for a short-term engagement. They are, however, looking for experts in their field.
  • Upwork is great for employers because they get bids from many freelancers and can have the best pick.
  • Upwork has a rating system that rates both employers and employees. This way, you can make a more informed decision before you start working with or for somebody.
  • Upwork documents everything related to a job — communication, payments, reviews, etc. This discourages scams.
  • Upwork offers a dispute process. If you haven’t been paid or think that you have been somehow wronged, Upwork’s dispute process comes in handy.

Upwork Disadvantages

  • Upwork isn’t free. You can open a free account, but that’s as far as it goes. Upwork has fees for freelancers ranging from 10 to 20%. Additionally, you have to pay when you bid for a job. All these extra payments discourage people from Upwork.

This reminds me of a funny story about how my good friend got his first job. There were ten applicants, and when they learned how low the salary was, nine of them walked out. The only one left was my friend, so he got the job. I am reminded of his story often because this low-paying job helped him gain experience in his field and eventually led to a better-paying job.

Personally, I understand that such a huge job platform needs maintenance and many other technical requirements that I am not in the least familiar with and don’t want to be.

  • There are a lot of job seekers who offer their services for little money, which in the end results in lowering the salary altogether.
  • A lot of freelancers use Upwork, so competition is fierce. It is hard to get picked for the job.
  • Getting your first job on Upwork can be tough. It can take some time before you get picked.
  • Upwork freelance jobs are just like any other freelance job. You are responsible for your own health insurance. There are no sick days or holidays if you want to earn money.

Common Upwork complaint

Freelancers are uncomfortable with paying steep Upwork fees. If and how much Upwork should charge their service is the subject of many online debates.

Business of business reported a massive purge of freelancers from Upwork in February 2020. 1.8 million (68%) user accounts were deleted just to keep Upwork’s ratings up. Eight hundred thirty-three thousand freelancers were kept to please the more lucrative clients. Not a cool move.

How to Make Money on Upwork [2022 Updated Guide]
How to Make Money on Upwork [2022 Updated Guide]

Conclusion

With a high unemployment rate, Upwork provides a great solution to anybody willing to work. If you have extra time on your hands due to the Covid-19 lockdown, you should check out Upwork work opportunities to earn an additional income.

Whether you are a beginner freelancer or a seasoned Upwork freelancer, with so many new jobs being posted hourly, there is no doubt you’ll find some work.

If you follow some of my tips, you will get there sooner. You will increase your chances of building a highly profitable Upwork career.

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