Founded in 2012, Ko-fi has gained popularity and reputation as a website for independent creators to accept donations, memberships, and sales directly from their supporters. There are many benefits but also drawbacks to Ko-fi and that is what we will explore in this article.
What are the benefits of Ko-Fi
In the last decade, we have seen many individuals switching from regular jobs that pay an hourly rate into self-employed roles such as content creation, such as video creation, writing, and drawing. Start-up creatives and freelancers tend to struggle to find their first few consecutive paychecks due to either a lack of recognition or because there is no medium for creators to seek payment for their work when they first set out. When they do find a platform to use, such as Fiverr, they have to contend with those same platforms charging a fee for their use. Fiverr, for example, takes a cut of 20% from each order that a freelancer on their website sells. 20%!
2021 - Is it time for you to go freelance?
If you've considered working for yourself as a freelancer or consultant or perhaps even starting your own firm, the first question to ask yourself is why do you want to do so?
Or, to put it another way, why would you desire the flexibility to work at times that suit you, where you want, and in any way that you want, all whilst setting your responsibilities and work style? Why would you want the flexibility to schedule your hours around family or other responsibilities or choices, and why would you want to establish your network of clients and associates based on people you love spending time with? When you put it like this, it feels a lot more enticing.
How to avoid burning out as a freelancer
Freelancing can be rewarding, but it can also be challenging. Work gradually consumes too much of your time — you discover you don't have time to spend with friends and family, you neglect your hobbies, and so on. Burnout is commonly associated with the corporate sector, but it also affects freelancers. What you can do about it is as follows.
Freelancing is a lot of fun. You have the independence to work from anywhere. You have complete control over your schedule. You also have some freedom to pick the type of work you wish to accomplish. There's no bother and no fuss.
Fiverr is a Freelancing platform that has a simple seeming system for pricing and earning. When it first set out, gigs were set at $5, hence the name. Fiverr kept $1 and passed the rest on to the seller. Of course, with time, more complex jobs have been added and sellers have advanced in levels and can now charge hundreds of dollars for some gigs.
Fiverr uses a system of levels to help buyers to know what sort of seller they are approaching, and also to give the buyers a sense of achievement and something to strive to obtain and hold onto. There are a number of requirements to achieve each level and some rewards for achieving them.