How I Earned 35 Lakhs INR in One Month!
Harkirat takes us on a journey through the world of freelancing, sharing his experiences of managing multiple commitments and offering valuable insights into earnings as a seasoned software dev.
Introduction
In today's blog, we will delve into the world of freelancing through the eyes of Harkirat. Harkirat will take us on a journey to answer some of the most pressing questions in the freelancing realm. Can one successfully work for multiple companies simultaneously? What kind of income is possible when dedicating a hundred hours a week to freelancing? And, most intriguingly, what was Harkirat's biggest freelancing month, and how much did he make?
Understanding the Freelancing Landscape:
Before we dive into the details, it's crucial to acknowledge a few disclaimers. Like any video, Harkirat's insights come with a few important notes.
Freelancing can be demanding and isn't for everyone. However, if you're here seeking motivation or keen to understand the earnings of a remote software developer, especially one who's working for multiple companies, then read on.
Harkirat's Pinnacle: July 2022
Let's rewind the clock to July 2022, a significant milestone in Harkirat's freelancing journey. At the time, he was juggling a full-time job, one he's discussed in previous content. His base salary was around $17,000 per month. But, he didn't stop there. He was also actively involved in freelancing projects, making July an exceptionally busy month.
Exploring Roles and Commitments
The responsibilities, the technologies he worked with, and the intricacies of each commitment.
Full-Time Job as Lead Video Engineer:
Backend and Deep Tech
A lot of Typescript and Node.js, little bit of React.js
Low Latency WebRTC role.
The Second Part-Time Commitment:
5 Hours/Week and $125/Hour
The initial commitment was 20 hours/week, for two months And after that it was 5 hours/week, incase anything goes down, they had him on retainer.
The Third Project: Specializing in WebRTC:
20 hours/Week and $150/hour
Pure WebRTC, Building a Video System from Scratch
The Fourth Company: A Full-Time Endeavor:
40 hours/week
Pure Fullstack project in MERN stack.
Delving into Compliance and Legal Financing
This Finance startup company in Europe gave better learning than a giant corporate
Quantifying Earnings:
Adding things up it was: $3000 + $15000 + $7500 + $15000 = $40,500
The Evolution of Harkirat's Freelancing Journey:
Harkirat shares his journey, which began at $30 an hour in March 2020 and gradually progressed to $150 an hour. He highlights how his weekly work hours expanded from 40 hours to a remarkable 100 hours. However, he emphasizes that maintaining such an intense freelancing lifestyle isn't sustainable in the long term. Freelancing can be demanding, and effective management is crucial.
Key Takeaways and Conclusion
In conclusion, Harkirat stresses that freelancing offers an excellent opportunity for skilled software developers to earn a premium for their expertise. Whether you're based in India or elsewhere, your specialized knowledge can be a valuable asset.
He advises that, as a freelancer, one must handle the legal aspects properly, set clear expectations, and always remember that their skills are highly sought after.
hoping that this insight into his freelancing journey serves as a valuable resource for those considering freelancing as a career option.
Ur genious extraordinary