Tuesday 27 September 2016

3 Mistakes to Avoid, As a Freelancer


Are you new to Freelancing? Here is your chance to know more and avoid a few mistakes. We know it is difficult in the beginning, and do quite a few things wrong or maybe even a lot of things.
You must be clueless about what to charge or when to say ‘No’ and how.  This may waste some time; you may lose some money or even upset a few clients and learn new things the hard way. Here are a few mistakes you can avoid.
1.    Utilizing Income Wisely
As a freelancer, your income is not regular. Your charges must include, taxes, processing fees, other related operational expenses. This would be about 30% of the revenue.
Pay yourself twice a month when you use an online payment platform, to deposit funds.
2.    Name The Price and Service
Mostly, freelancers succumb to clients and let them name a price. You must not let clients outwit you with phrases like ‘limited budget’ or a repeat business or even the fact that other freelancers are charging lower or a notice to replace you.
Know the average hourly rates in the industry, see what other freelancers are charging and then create your unique price along with what your service includes.
3.    Delegate Time Consuming Tasks
There will be several tasks like invoicing and accounting, tax computing, editing and proofreading and handling social media profiles that can be automated or delegated.

Implement the right systems, stick to them and be on schedule. This way you will build better relations with your clients and trust. Once you establish yourself, evaluate and define yourself

Do not fake perfection, when you can learn from mistakes.

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