Business

Pros and Cons of Becoming a Freelance Copywriter in 2020

Published

6 years ago

December 22, 2019

Have you ever noticed how many of your friends started working from home? Just stop for a minute and think about how much you are missing if you have to spend 8 hours in the office. Imagine how different your life would be if you could manage your time and decide when you will work on your own. Nowadays, it is possible.

The world has moved online, and so should you. The Internet, with all its opportunities, provides you with the freedom that you surely miss in the office. You can finally have time to be with your family or read an interesting book while working in a convenient regime and making good money.

Copywriting and academic writing are the number one choices of freelance occupations among youth today. Cooperating with a custom dissertation writing service or a freelance platform attracts people because they can choose their working hours and even the topics they would want to work on.

If you still think that there are some constraints for becoming a freelance copywriter in 2020, let’s discuss the pros and cons of this idea in greater depth.

Advantages

The best idea is to start coucopynting benefits associated with freelance copywriting at websites like EssayService.com or other similar platforms. Here is why.

Freedom and Time

As a freelance copywriter, you are not bound by any office hours. You can work whenever you feel like doing so.

Moreover, freelance employment provides you with an opportunity to choose what you want to work on. This diversity and the absence of constraints expands your freedom.

There is no boss who can make you work late hours or whose ideas you should follow. In this field, you are your own boss who makes all the choices.

Geographical Diversity

Have you ever dreamt of working on the fly? It is possible if you are a freelancer.

You can pick any place in the world and complete your writing assignments from there. The only things you should have are a computer and a proper Internet connection.

And the only thing you should care about is the time difference with your clients.

Industry Growth

With e-commerce growing so fast, more and more niches appear for freelance copywriters. You can complete several online courses and become a technical writer, marketing writer, content writer, or academic writer.

Whatever direction you choose, you will most likely face a fierce competition but also lots of opportunities to succeed. Writers are needed everywhere, and the global penetration of social media only fuels this demand.

Your Own Pricing

Treat your passion for freelance copywriting as a small business venture. It allows you to rate your work the way you think it costs. You can evaluate your skills, compare them to the ones that your competitors have, and set the price that you find reasonable.

Freelance copywriting is sensitive to your rate like no other business. Thus, be reasonable when pricing your texts.

Disadvantages

However, to be fair, some cons that may hinder your success as a freelance copywriter should be mentioned.

Getting Started

The freelance industry is developing and growing at a high pace. Thus, getting started with a freelance career is always a challenge. You need to find clients or even work for free to get a positive review.

Many people give up when they see how hard it is to finally shine your star on the copywriting horizon. However, no matter how difficult it feels, the effort will definitely pay off later.

Work-Life Balance

When you only start your freelance career, you will be definitely troubled with finding the right work-life balance. There will be no office, so your time for rest will be sometimes interrupted with work issues.

At times, you will have to make revisions at an inconvenient time. You will always have to carry your computer with you to manage issues timely and accurately.

Also, you will need to track your emails and respond to every notification because failure to do that may cost you a client.

Consistency

It is also possible that your work will not be consistent. Sometimes, you can get several projects at a time that will require you to work extra hours.

However, there will be times when you will not have clients or assignments at all. You will have to learn how to handle such a tough schedule. Eventually, as soon as you have enough clients, such situations will not happen that often.

Final Words

A freelance copywriter career may seem easy, but it is not. It requires discipline, communication skills, and a great desire to learn and develop.

Thus, if you are sure that writing is your ultimate dream, you should give it a shot. Do not be afraid of getting started procedure: every career is difficult at first.

Business

Derik Fay and the Quiet Rise of a Fintech Dynasty: How a Relentless Visionary is Redefining the Future of Payments

Published

1 week ago

October 17, 2025

Matthew Wiles

Long before the headlines, before the Forbes features, and well before he became a respected fixture in boardrooms across the country, Derik Fay was a kid from Westerly, Rhode Island with little more than grit and audacity. Now, with a strategic footprint spanning more than 40 companies—including holdings in media, construction, real estate, pharma, fitness, and fintech—Fay’s influence is as diversified as it is deliberate. And his most recent move may be his boldest yet: the acquisition and co-ownership of Tycoon Payments, a fintech venture poised to disrupt an industry built on middlemen and outdated rules.

Where many entrepreneurs chase headlines, Fay chases legacy.

Rebuilding the Foundation of Fintech

In the saturated space of payment processors, Fay didn’t just want another transactional brand. He saw a broken system—one that labeled too many businesses as “high-risk,” denied them access, and overcharged them into silence. Tycoon Payments, under his stewardship, is rewriting that narrative from the ground up.

Instead of the all-too-common “fake processor” model, where companies act as brokers rather than actual underwriters, Tycoon Payments is being engineered to own the rails—integrating direct banking partnerships, custom risk modeling, and flexible support for underserved industries.

“Disruption isn’t about being loud,” Fay said in a private strategy session with advisors. “It’s about fixing what’s been ignored for too long. I don’t chase waves—I build the coastline.”

Quiet Power, Strategic Depth

Now 46 years old, Fay has evolved from scrappy gym owner to an empire builder, founding 3F Management as a private equity and venture vehicle to scale fast-growth businesses with staying power. His portfolio includes names like Bare Knuckle Fighting Championships, BIGG Pharma, Results Roofing, FayMs Films, and SalonPlex—but also dozens of companies that never make headlines. That’s by design.

Where others seek followers, Fay builds founders. Where most celebrate their exits, Fay reinvests in people.

While he often deflects conversations around his personal wealth, analysts estimate his net worth to exceed $100 million, with some placing it comfortably over $250 million, based on exits, real estate holdings, and the trajectory of his current ventures.

Yet unlike others in his tax bracket, Fay still answers cold DMs. He mentors rising entrepreneurs without cameras rolling. And he shows up—not just with capital, but with conviction.

A Mogul Grounded in Real Life

Outside of business, Fay remains committed to his role as a father and partner. He shares two daughters, Sophia Elena Fay and Isabella Roslyn Fay, and has been in a relationship with Shandra Phillips since 2021. He’s known for keeping his personal life private, but those close to him speak of a man who brings the same intention to parenting as he does to scaling multimillion-dollar ventures—focused, present, and consistent.

His physical stature—standing at 6′1″—matches his professional gravitas, but what’s more striking is his ability to operate with both discipline and empathy. Fay’s reputation among founders and CEOs is not just one of capital deployment, but emotional intelligence. As one partner noted, “He’s the kind of guy who will break down your pitch—and rebuild your belief in yourself in the same breath.”

The Tycoon Blueprint

The playbook Fay is writing at Tycoon Payments doesn’t just threaten incumbents—it reinvents the infrastructure. This isn’t another “fintech startup” with a flashy brand and no backend. It’s a strategically positioned venture with real underwriting power, cross-border ambitions, and a founder who understands how to scale quietly until the entire industry has to take notice.

In an age where so many entrepreneurs rely on noise and virality to build influence, Fay remains a master of what can only be called elite stealth. He doesn’t need the spotlight. But his impact casts a long shadow.

Conclusion: The Empire Expands

From Rhode Island beginnings to venture boardrooms, from gym owner to fintech force, Derik Fay continues to build not just businesses—but a blueprint. One rooted in resilience, innovation, and long-term infrastructure.

Tycoon Payments may be the latest chess piece. But the game he’s playing is bigger than one move. It’s a long game of strategic leverage, intentional legacy, and generational wealth.

And Fay is not just playing it. He’s redefining the rules.