each adventurer, there are a dozen people dipping their toes into the water of the world making their own, but to be seen quickly enough to return to their holes.
For some, it’s pretty straightforward: not everyone gets cut out to be a freelancer, and there’s nothing wrong with trying and choosing to do something else. The problem is when people who could have done good self-service work make mistakes that force them back to 9 to 5.
The good news is, with a little planning, you can eliminate many freelancer mistakes and make your own, whether you are a freelancer until you retire or return to Corporate America on your own.
Miscellaneous Operation Error 7 Prevention
1. Beginning Without Unsaved
Most financial professionals will tell you that you need a working capital of three to six months to be secured as an emergency fund, even if you are not planning to start your own business. If you are traveling alone, you should increase the starting costs for that number.
Fortunately, if you are moving and you do not plan to have any employees during this time, you should not have to worry about overpaying or (preferably) renting office space. But you need to think about things like making sure your equipment is on fire, and that you have a dedicated space to work.
Your 4-year-old PC with a well-stocked table may be perfect for occasional workouts, but it can be frustrating when you’re on a regular schedule.
Try to anticipate the amount of money you can afford in the first few months and get ready.
2. Failure to state goals (and then to redesign) What should you do from your regular job? It is a far more difficult question than what appears before it, and you are the only one who can answer it. Do you need to make more money than you worked on, to make a good profit, or to pay off your debts and set aside a little bit to make it rainy enough?
Do you value your independence, your flexible schedule, the ability to choose your target customers? It doesn’t matter what the answers are. The only thing that matters is knowing what you want.
When choosing your goals, make a list. Focus on the downtime to make sure you meet it, and know that it is best to refine your goals after learning more about your needs and the market.
3. Progress
The happiest I know of them is working full-time for a long time, as they work their way up and down. This is important for several reasons. First of all, it enables you to experiment with different services and clients, to find out what you really like.
Second, it allows you to make mistakes, and fix them, without explaining to a good person at the electricity company that you are not paying your bills this month.
Finally, it contributes to the nest egg production we discussed earlier. The best way to make money while considering a career for yourself is to put your paycheck into whatever job you offer while having a full-time job.
4. To open the contract
Handshake products may work, but it’s always good to have a written contract with customers – but probably not for the reason you might think.
Having a contract will not help you get a refund in case of failure to pay, as it is very difficult for a person to force an organization to pay. Legal fees often cost more than you expect. Of course, the alliance exists to define expectations on both sides, to keep people honest, and to make sure that no surprises await you on the road.
5. Lack of Order
Employees who manage them properly review their records, including income, allowances, and earnings. As a freelance employee, you are not required to invest in corporate services; you just have to have a plan. As long as you keep (pay) the paperwork, paperwork and debt, and pay your bills on time, you’re fine.
For some volunteers, an Excel sheet and paper envelope may be enough. For some, one of the free software programs will do the trick.
6. Taking the Mix Type
What makes a good customer? There are many different fields, but usually, the best customer is the one who offers the work you want to do, and what you plan to do, and they work with you to achieve the best results. It should be easy to communicate with your customer, and should pay you time and everything in accordance with the contract.
Obviously, you will be refreshed by a customer who does not follow this. The trick is not just to continue working with them, but also to learn from each experience to recognize your client’s symptoms in the future.
7. Not Getting Enough (or Paying More)
Setting prices for your products can be tricky. Play a lot, and you might lose a gig; shoot it so low, and you’ll be so advanced, confident and emotional, that you can’t do your best work.
If you are privately selling a business as your old full-time job, setting your own rate is easy. Your goal is to make sure that your hourly rate works exactly as you achieved when you worked for someone else.
The scary part of this calculation is getting all the benefits included in your salary, including insurance, retirement benefits, and office equipment. Once you understand, critically, how much money you are earning for your old full-time job, you can allocate it according to your income, as well as a one-hour or one-hour payment or project, depending on how much you think of each project.
Finally, after working as a freelancer for some time, don’t be afraid to look at your prices and start again. If you kept working for someone else, you might expect to find another time. Don’t neglect to give yourself the same thought, once you become your master.
