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Working less and earning more in freelancing: 6 Tips

In comparison to working as a regular employee a freelancer can choose when to work and when to take time off. View these slides and read about six tips on how to reduce your working hours and still earn more money…

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Working less and earning more in freelancing: 6 Tips

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  1. FREELANCER TIPS Working less & earning more in freelancing: 6 Tips © Unsplash_Pixabay You can find more freelancer tips on www.freelancermap.com/freelancer-tips

  2. Working less and earning more in freelancing: 6 Tips Some freelancers like to put their foot on the gas in the beginning of their career and never let go. However, driving fast all the time might make you crash sooner or later. For a freelancer, that means burning yourself out. Having a freelancing career means freedom and you should make use of that freedom. As an employee, you’re probably going to be working pretty much the same average yearly hours. As a freelancer, you can chose to work less and still increase your earnings, especially if you know how to maximize working hours and get the most out of them: here are six tips to get you started. © freelancermap.com info@freelancermap.com 8/24/2015

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  4. 1) Increase your rates First and foremost, to make sure you are getting what your times is worth, increase your rates as your business improves. Many freelancers stick to their lower initial rates purely out of habit or because they are worried it will cost them clients. Think about it this way: what was your skillset when you started? How good was your work? Can you offer a better service now than when you initially set the rate? Are rates in your market increasing? If the answer to any of those is yes, you should think about charging more for your work. © freelancermap.com info@freelancermap.com 8/24/2015

  5. 2) Hire other people When the workload starts getting too much to handle, the last thing on a freelancer’s mind is hiring someone to help them. Having someone working with you seems to go against some of the basic freelancing principles – only depending on yourself, having all the responsibility and so on. But it’s a win-win-win situation. Your client gets more work done, you get more projects finished and the fellow freelancer you hired gets some extra experience under their belt (which as we all know, can be crucial at the beginning). © freelancermap.com info@freelancermap.com 8/24/2015

  6. 3) Avoid cumbersome clients If you want to maximize your income, learning to say “no” is an invaluable skill to learn. Some clients end up wasting quite a bit of your time without paying you enough. If they constantly change their ideas, don’t want to pay you anything upfront and are generally too demanding, you might want to avoid them. Such clients not only cost you time and money, but also stress you out, making you less productive. © freelancermap.com info@freelancermap.com 8/24/2015

  7. 4) Track effort and results If you want to maximize, you have to quantify. The idea of working with a stopwatch by your side can seem pretty off- putting at first. But from personal experience, even though it sounds terrible, it actually helps your productivity a bunch. Knowing that I have exactly sixty or so minutes to focus on a task and then I will take a five minute break has pushed me to do more work in the same amount of time. Additionally, tracking your time will help you realize where you are putting the most of your effort and what you’re getting out of it. Tasks which are time-consuming but hardly help your business are worth cutting back on, or even avoiding altogether. © freelancermap.com info@freelancermap.com 8/24/2015

  8. 5) Group similar tasks Batching is a simple technique, but consciously employing it can lead to unexpectedly good results. As long as the tasks can wait, try to group them up by type. Have a time set aside for all phone calls, a time for all your social media marketing and so on. This will speed up your work process. © freelancermap.com info@freelancermap.com 8/24/2015

  9. 6) Extrapolate from previous work Last but not least, don’t be afraid to take a page out of your own book now and again, as long as your contracts allow it. You can’t reinvent the wheel with each project, so keep some things that might be useful for the future. This can be as simple as having an email signature or various templates for Excel, PowerPoint or Word. © freelancermap.com info@freelancermap.com 8/24/2015

  10. Further freelancer tips available on http://www.freelancermap.com/freelancer-tips Contact freelancermap.com Contact person: Doreen Schollmeier - International Affairs Mail: info@freelancermap.com Skype: doreen.schollmeier Phone: +49-911-37750286 facebook: www.facebook.com/freelancermapInternational Twitter: freelancer_INT © freelancermap.com 8/24/2015

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