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Freelance Success and Financial Knowledge. What Successful Freelancers Know About Business Finances

Freelance success
One personal trait that successful freelancers have in common is attention to detail. They pay attention to all aspects of their business, including finances. While it may seem obvious, ignoring finances or having only cursory knowledge can mean the difference between success and failure.

You don’t need a degree in finance to understand some very basic things about your freelance business’s finances. You need to care, and, you should care. Some freelancers believe that because they can count the number of monthly clients they have on two hands, know them all by name, and “have a sense” of what they earn or spend monthly, that this is enough. That casual attitude will work for awhile, but in the long run, it’s very dangerous and could lead to financial calamity. Read more

Time Management Tips for Freelancers

Time management tips for freelancers

If you took a poll of most freelancers and asked them to list the downside of freelancing you’d likely hear “I have no time”. I can tell you from personal experience freelancing that managing time, above all else, is the most challenging aspect of working for yourself. Days are filled with interruptions that steal your time. You may find yourself working very long hours, even weekends, just to meet deadlines and commitments that you couldn’t get to Monday to Friday.

If you recognize yourself in this description, you are not alone. The issue for many is time management…or a lack thereof. If you find yourself frustrated that you don’t have enough time. If you want to have more “me time” to recharge the batteries, and you want to feel like you’re on top of things, here are some time management tips for freelancers. Read more