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How many hours should freelancers invest in further training per month or year?

01/16/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The number of hours freelancers or self-employed individuals should invest in further education depends on various factors, including the industry, technological developments, individual career goals, and the competitive landscape. While there are no fixed rules, here are some considerations:

Industry and Technological Advancements:

In fast-paced industries such as Information Technology, Marketing, or Design, continuous education is essential. Freelancers in these fields might allocate a few hours every month to learn new technologies, tools, or methods.

Individual Career Goals:

The personal career goals of a freelancer play a crucial role. For example, if a freelancer plans to specialize in a new area or acquire in-depth knowledge in a specific subject, the focus on further education should be more intense.

Maintaining Competitiveness:

To remain competitive, freelancers should regularly assess which skills and knowledge are in demand in their industry. Investing in further education can help develop relevant skills and enhance competitiveness.

Continuous Professional Development:

Freelancers should view their professional development as a long-term process. The investment in further education should not only address short-term needs but also focus on continuous improvement and adaptation to changing requirements.

Planning and Self-Evaluation:

It's essential to allocate time for regular self-evaluation and goal-setting. During this process, freelancers can determine which skills they want to improve and estimate the time required for that improvement.

In terms of specific hours per month or year, there are no fixed numbers, as this heavily depends on individual circumstances. For example, some freelancers might allocate 10 hours for further education every month, while others may concentrate on a few intensive learning periods throughout the year.

The key message is that further education should be considered an integral part of professional development. It's about staying curious, expanding one's skills, and adapting to changes in the professional environment continuously.

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