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1. This poll concerns any freelaner/consultant/contract that is working on a hourly/daily/weekly rate (or fixed rate).
2. Income after subtracting business related costs (like Office rent, work related hardware...)
3. Passive income should be excluded.
4. Your yearly profits before Taxes.
A fair chunk of your initial datapoints are challenging that assumption.
Battling against imposter syndrome and finding out how much your worth to a company/business is one of the hardest things about freelancing. I still today believe I'm undercharging for my skill set. Especially when I compare my ability/experience to those I'm working with who are earning a similar amount of money.
At the same time, money really isn't everything. I've worked many more days this year than I did the last, and that's come with certain sacrifices. No longer going for Monday afternoon walks with my sister and niece is something that I really miss now.
The trick is, as far as I'm concerned, not to compare what you're earning to others, and be happy with your own work/life/financial balance.
You can't compare income from FL between 1st and 3rd world countries. I know for a fact that some of countries don't have other choice but to do FL business over various semi-shady sites like Freelancer, Elance, oDesk, Guru, etc, where it is incredibly hard to generate >$20k/year income.
You can't compare income from FL between 1st and 3rd world countries. I know for a fact that some of countries don't have other choice but to do FL business over various semi-shady sites like Freelancer, Elance, oDesk, Guru, etc, where it is incredibly hard to generate >$20k/year income.
You're showing your bias with the ranges you've chosen. Capping the poll at "$200k+" is effectively a statement that you don't believe in the existence of consultants who charge north of $100/hr and work close to 2000 hours per year. A fair chunk of your initial datapoints are challenging that assumption.
One could say the same for the $20k minimum: there are certainly people who make $5k or $12k also, but he's grouped them together into essentially "make very little money", just like he's grouped $200k+ into essentially "make a lot of money".
I think I notice a selection bias here. Anyone north of 50k won't ever bother looking at this thread.