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Naturally, there’s an income gap between full-time, part-time and occasional freelancers, as well as countries. For example, MBO Partners State of Independence in America 2019 annual study revealed, that 20% of full-time U.S. freelancers earned more than $100,000 per year. According to MBO, the average income for full-time freelancers ($68,300) was higher than the median family household income in the U.S. ($59,039). Also, older freelancers tend to earn more ($84,000 per year for Boomers versus $52,200 for Millennials). See the full PDF report for details.
Warren Buffett, the greatest independent investor of all time, turned 90. Isn’t it amazing how long and fruitful a professional career can be? Here’s what another great entrepreneur, Bill Gates, likes best about his good friend — Happy 90th, Warren! 🎂
If you ever wish to tap deeper into Buffett’s business wisdom, skip popular articles and read his annual letters to Berkshire Hathaway shareholders instead. There’s The Sage of Omaha at his best. A full compilation (1965–2019) is also available on Kindle for $3.
One may think that the good times for digital nomads are over, but it may as well be the opposite. As remote work goes mainstream, there are emerging new residency schemes inviting workers abroad, writes Mark Johanson about the so-called “Digital Nomad Visa” at BBC Worklife’s Remote Control.
Live long and prosper — as freelancers 🖖 Here are 6 longevity tips from a Japanese doctor (and longevity expert) Shigeaki Hinohara who lived to the ripe old age of 105: 1) Don’t retire. But if you must, do so a lot later than age 65. 2) Take the stairs (and keep your weight in check). 3) Find a purpose that keeps you busy. 4) Rules are stressful; try to relax them. 5) Remember that doctors can’t cure everything. 6) Find inspiration, joy and peace in art.
The French TV series Call My Agent! — about agents who represent actors — delivers perhaps the most entertaining depiction of independent professionals working in the movie industry. A comedy-drama jewel (rated 100% on Rotten Tomatoes) is available worldwide on Netflix 🎬
Lifespan by David Sinclair (a professor of genetics at Harvard) is the most thought-provoking recent book on health and aging. If you’re like most freelancers and staying healthy is your top priority, read it. You may extend your healthspan quite a bit 🧬
This is BIG: Steven Pressfield, the world-famous author of Gates of Fire and The War of Art, one of the best books for creatives ever, has launched a new video series The Warrior Archetype ⚔ There will be up to 50 episodes, aired on Mondays and Thursdays.
Underpaid and overworked as a freelancer? Freelancing vet Soness Stevens (based in Kanagawa, Japan) debunks the myths that could be preventing you from earning — and knowing — your full professional value. The article 5 myths that keep freelancers from getting paid what they’re really worth was published by TED.com and based on her TEDx talk How to know, ask, and get paid what you’re worth available on YouTube 💡
How many European freelancers are there? It depends on how you define a freelancer, naturally. However, the European Freelancers Movement gives a conservative estimate of 11 million (or 5 % of European workforce). Read more on what they do and the annual Freelancers Week international event.
Few people would expect The Economist to advise its readers on personal productivity, but they did so once, and it’s worth reading — just like the magazine itself: How can I be more productive? (enter your email to pass their paywall)
Here’s an outline of the author’s advice: 1. Put your long-term self in charge, 2. Remember Pareto, 3. Copy other people’s hard work, 4. Understand the true cost of distractions, 5. Use work to avoid work, 6. Find a job you actually want to do.