Understand Singapore's unique Freelancers & Self-Employed (FSE) landscape

By U FSE 30 Nov 2023
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In the bustling economic hub of Singapore, Freelancers & Self-Employed (FSE) professionals face a unique set of opportunities and challenges. With the number of FSEs in Singapore at 0.31 million in 2021, with a year-on-year increase by 1.1 per cent over the past 10 years, there is huge potential and opportunity in the market*. Learn more about the landscape and how these insights can help you build a thriving career.

*https://www.globaldata.com/data-insights/macroeconomic/number-of-self-employed-in-singapore-2137694/#:~:text=2022%20Source%3A%20GlobalData-,Self%2DEmployment%20in%20Singapore,in%20Singapore%20increased%20by%207.9%25.

Understanding the local FSE landscape
In Singapore, sectors like digital marketing, health and fitness, and creative services are seeing a surge in demand. If you are a sports and wellness coach, you might notice a growing interest in personalised fitness programs, which reflect the city-state's health-conscious trends.

Stay ahead within your industry by keeping tabs on emerging trends and demands, as well as on what your peers are doing. By feeding the growing demands of a certain service, you create healthy competition and encourage more take up for particular services. 

Safeguard your FSE business
Legal knowledge is essential, especially for creative professionals who need to protect their intellectual property. A freelance graphic designer, for example, must understand copyright laws to safeguard their designs used by clients.

Learn more about our commitment to fair practices for businesses and FSE professionals.

Regularly update your understanding of Singapore's legal framework for FSEs. We encourage fair and progressive workplace practices for you to create outstanding business results.

Learn what to include in a service contract for a successful business partnership that is aligned with TAFEP practices.

Build your network
Networking is vital in Singapore's FSE community. A web developer might expand their client base and collaborations by attending tech meet ups and participating in online forums. FSEs have reported that 37% of their opportunities are found through professional contacts and networks, highlighting the significance of maintaining strong professional relationships.*

*https://financesonline.com/business-networking-statistics/ 

Be active in both online and local professional communities. Attend events and engage in forums to build connections and stay informed. For instance, during the pandemic, members of our association for coaches and instructors (NICA) appreciated the up-to-date information from the association on operations do and don’ts. More often than not, you will also be able to pick up tips from credible seasoned practitioners who speak at events organised by U FSE and our partners.

Discover more about the art of networking as an FSE here in Singapore.

Learn about what’s happening in the FSE community
Comparing Singapore’s market to global trends can provide broader perspectives. If you are a creative, you might find innovative ideas by collaborating with international clients, or learn from what others are doing for their clients overseas. Interacting with FSEs from different backgrounds and industries might also help you pick up best business practices and ideas. With a wider exposure, you will be able to blend local and global creative elements to uplift your craft and perspectives. 

With a wider exposure, you will be able to blend local and global creative elements to uplift your craft and perspectives. Online communities like Fiverr and Upwork provide vibrant communities where you can forge connections with FSEs worldwide to understand different FSE ecosystems.

Increase your visibility
Your visibility is key to unlocking the next step in your FSE career. Whether you’ve built your career through word-of-mouth or through networking, it is always handy to have a strong digital presence that speaks for you anywhere, anytime. Platforms like Instagram, Youtube, and directory listings provide an excellent avenue for showcasing your work. 

For instance, if you are an interior designer in Singapore, you can effectively use Instagram to display your latest projects, engaging with both existing and potential clients. By regularly updating your portfolio and engaging with your audience on such platforms, you can significantly enhance your digital presence. As a NTUC U FSE member, gain access to a broader network of potential clients who are actively seeking your specific skills and services. 

Build your profile as we help you highlight your strengths and connect you with potential job opportunities.

Thriving in Singapore’s FSE sector requires adaptability, an understanding of market and legal nuances, effective networking, and leveraging digital visibility. By embracing these aspects, FSEs can navigate Singapore's unique landscape successfully, setting themselves up for a sustainable and prosperous career.