1) Make Self Growth your Top priority
Being a freelancer is full of challenges and at times you just don't
get enough projects to sustain and even if you are able to survive
it’s not constant. My advice to all freelancers is to make self growth
your priority, seek more learning situations and experiences.
2) Create a Brand-Value based-Be genuine
A new way to make a brand of your skills is through Internet, traditional
networking ways still work but now you can get more exposure through tools
available on the Internet. Develop a brand and share your knowledge which
would help someone. Write blogs develop a subscriber list.
3) Avoid spam-Have the right audience
Monitoring your conversion rate is the best way to examine whether you are
focusing on the right audience, so while developing a brand avoid spam and chose your market carefully.
4) Act now
You have the qualifications, skills and there is no reason why you shouldn't
achieve what you desire for. Acting now would give you a start and gradually developing your brand name, value base would help overcome your shortcoming.
You won’t believe until u act, it’s the initial start up which is tough rest becomes your second nature.
5) Let go your employee mindset
Being an employee is easy it’s a mindset followed by society as a whole, once
freelancing has become your second nature the transition to become an entrepreneur is easy.
6) Work hard and smart and don't become attached to results.
I remember the wording of Bhagwat Gita(holy book of Hindus) karm kiye ja
fal ki icha mat kar(Work hard and smart and don't become needy of results)
Follow youR passion and you will see the results.
7) Learn from others-get a mentor
Learning from others saves you from being alone, you would need it someday
because you can’t know everything. Even a Doctor doesn't know how to manage a business--partner with like minded people.
8) Remember your breakeven point
Having a huge budget or small budget doesn't make a difference, the difference is made how and where you spend it. Know YOU BREAK EVEN POINT.
Steps which would help you run a business
1)
Direction-Have a vision and plan
2)
Head space-Stretch yourself, Think big, Believe yourself, Discipline it’s like a bridge (Set Dreams---- Realistic Dreams), Mixing with right people, Overcoming your fear.
3)
Money-Know your cash flow, breakeven point, Budgeting and reporting
Example
Sales 100=(Variable Cost =75)+(Gross Profit= 15)+(Owner Salary= 5)+(Net profit =5)+Equity 0+(Cash =5)
4)
Time-Learn to Delegate, Learn to finish today and plan tomorrow, Keep a Diary
5)
Delivery-Delivering consistently which is equal to foundation for healthy growth, Customer goes by perception
Stick to above and things would eventually start happening, the transition from freelancing to entrepreneur business is all about
1) Niche =Cash) Leverage=Team) Synergy =Freedom) Results=Diversification
6
)Have Life Mantra
1) Never wish your life were easier, Wish that you are better.
2) Be a result driven person with following qualities such as Ownership, Accountable and responsible,
3) Don’t have reason such as Blame, Excuse and Denial.
4) Real business is fun and which works with u
