Start a Freelancing Business (in less than a day)
Start a Freelancing Business (in less than a day)
The freedom of freelancing is balanced by the need for self-reliance. You’ll find yourself relying on your own skillset more than ever before, but also enjoy a robust network that stretches across all industries and countries in addition to being part an active community with over 1 billion other independent workers around globe!
There has never been a better time to join the freelancing community. In fact, according to an estimate by Forbes magazine in 2017, there are now over 57 million Americans who work as freelance consultants and contractors! And this number is projected to not only increase, but also remain steady at around 59-65%.
So, if you’re currently out looking for work or planning your next career move, make sure it’s into one these two fastest growing industries today: consultancies & remote employment agencies.
Freelancing is like starting a family
The lessons in life are often hard-earned. Just as you can’t jump into parenthood full speed, freelancing must be experienced and mastered over time for it to have its greatest impact on your growth as an individual or entrepreneur.
A successful career doesn’t happen overnight – just like starting a family! There will always come challenges that need solving; when these arise, there’s no replacement gift card option: You’re going down swinging (and hopefully with a number of successes) because this process has taught us how much we value success, after all.
The first few months of having a family can be overwhelming. You’re suddenly responsible for more than just yourself, and it’s hard not to feel lost in the process. But as soon as you get your feet under yourself with incremental learning – by tackling one new task at a time – everything will start coming easier!
When you are ready to take your freelance career from good, but not great into extraordinary levels of success, then there’s one thing that will make all the difference. A purpose or goal in life outside work can help us get through our days when we’re stuck at home with nothing else going on and still feel fulfilled because they offer meaning beyond just making money (though this is important too!).
Where do you start?
I’m talking about creating an exciting future for yourself as a freelancer so don’t forget these steps: First start by figuring out what kind-of project would interest YOU most – something which gives YOU excitement every morning before getting started! Next, identify where other people might fit into THAT picture.
Freelancing can be a great way to take on new challenges and put your skillset in the best possible use. It also offers you more autonomy over how much time worked, which is especially helpful if juggling family life or other commitments with professional ones.
Finally, building up an independent legacy will allow for future generations of freelancers just as well – so there’s no need shy away from this opportunity!
Once you’ve identified your driving purpose, you’ll have the momentum necessary to hit the ground running. You will have addressed the “why to start freelancing” question and can move on to “how to start freelancing.”
Think about your specialism
Specialize your services to increase profitability. Freelancers must wear many hats, but this shouldn’t be mistaken as an indication that you should provide a grab bag of goods. On the contrary, figure out what unique talents or skillset will make sure clients keep coming back again and again!
Having a clear understanding of your niche is the first step in creating an effective marketing strategy. By specializing, you can provide clients with what they need and make life easier for everyone involved!
Setting up as a freelancer is not cheap. There are many expenses that come with the territory, and you need to make sure your budget covers every last one of them before launching into this career path confidently!
Remember to keep a budget
First, audit your monthly spending for example: food; housing (or apartments); health insurance coverage for yourself–and any dependents such as children or elderly parents who might require medical care too. Then add funds needed towards financial obligations including credit card bills if those have not been paid off yet from other jobs, where there’s no guarantee they will continue paying on time each month once working full-time hours six days per week without holidays.
You can live a comfortable life by bringing in more money. The first step is figuring out how much you need for your basic necessities, which include health insurance and any laptops or electronics that are required to do jobs (the good news: these things will count as business expenses on taxes). Next make sure there’s enough left over each month so when tax time rolls around, we don’t feel like total failure because our income was less than expected!
When you’ve got a pricing strategy figured out, it’s time to start drawing up your prices. You can use what we learned in this article about how much people are willing to pay as an idea for starting points, and then just experiment with different amounts until one of them sticks!
Join a community (to stay sane and network!)
Join freelancing groups on Facebook if that sounds like something interesting (or not) but do share questions asking others for suggestions on rates within the industry so there’ll be no hesitation when setting these new boundaries from scratch next month.
You can also check out other freelancers’ rates on the websites they use to find clients. This will help you identify a general range of competitive prices and give yourself some leeway in setting your own price point, which should be higher than what’s sustainable for just monthly earnings alone each month (but not too much).
As long as these values are sufficient enough that it doesn’t make life tough every single day when working towards them, then all systems go! Reassess again after 3-6 months depending on whether there has been any change or improvement needed with regards how much money gets put back into each pocket.
Start Creating a Portfolio (NOW!)
When it comes to freelance work, the visibility of your past works is key for future opportunities. That’s why you should make sure that any portfolio pieces are easily accessible and easy-to find so they can be viewed at a moment’s notice!
You can’t build a portfolio because you don’t have any samples, and it’s difficult to get jobs that would produce more examples. The chicken or egg dilemma presents itself for many entrepreneurs who want their work recognized with an excellent platform such as Wix (or another service) built in order show off what they’re capable of – but need help getting started before there are enough pieces available on which users could rely when making decisions about hiring them!
When you’re just starting out, it can be hard to know what kind of work will make your portfolio stand-out. One way that many creative professionals build their portfolios without paying for jobs is by creating mock samples and reaching out through contacts in order find new opportunities as they arise!
The key to success in this business is referrals. You need people who are seeking your services and skills, so you have no choice but get out there and find them!
As freelancers develop bigger networks of their own, they inevitably hit a point where it’s just too much work contacting new clients on top of all that already goes into maintaining an active client base – which brings us back full circle: developing strong relationships will make sure nobody falls through the cracks because somebody else can take over those tasks when needed without sacrificing quality service or commitment from our end.
Tell everyone about your new venture
As you start your new career as an independent contractor, don’t be shy about telling others. Do you have family and friends who are likely involved with businesses that could benefit from the services of someone like yourself? If so, make sure to let them know how much help is available right now by sending out emails describing what kind offers best fit one’s needs. Your message should always end on a friendly note, like (I’m happy to talk through any specific details). After all we’re human too! Just ask if they’ll consider referring somebody else.
The best way to get a job, however, is by using freelancing platforms. You can find clients and build your portfolio in the process! Popular examples include Upwork, Freelancer.com, Thumbtack and Fiverr. – they connect you with people who would never meet each other otherwise – but these sites take some of profits away as income.
The freelance life can be hard. You might not know what you’re getting into, and it takes time to find your footing in this new career path, but once that first client comes along with a job for which they need an expert like yourself-you better believe there will always been more work than ever! All those hours spent learning from tutorials on how doodle or research successfully?
Well, now it pays off, as long as we continue making content because clients love seeing fresh material every day (and who could blame them?). And don’t forget even though our careers may take us through different fields at times–sometimes one project ends while another one starts!
Looking to start your Digital Nomad – Freelancing dreams?
Starting off isn’t always easy, but following an established knowledge source can help you get started on the right foot. Click here to follow our blog and remain up-to-date on the latest news for remote working, digital nomads and more