For many people, the image of a successful entrepreneur is synonymous with monetary wealth and an extravagant lifestyle. But as a fledgling business owner, is great wealth really how you will define your own success as an entrepreneur? Numerous entrepreneurs go into business for the sheer passion of developing a new project, rather than […]
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At the beginning of 2020, we all assumed the year would be like any other. Then the COVID-19 pandemic struck, and the world changed. As lockdowns went into effect, countless businesses in just about every industry suffered. All this led to more and more people looking for new business ideas that minimize face-to-face meetings. No […]
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As a severe pandemic rages across the world, there are warning signs of a harsh worldwide recession on the horizon. A significant economic downturn is devastating for the majority of small businesses. Yet for freelancers, despite the decline in economic activity, there’s actually a chance to thrive during any recession. Even as Covid-19 forces societies […]
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An entrepreneur’s way of life is difficult at the best of times. When unforeseen circumstances occur, it can suddenly become impossible. Unless that is, you have carefully built entrepreneurial resilience, allowing you to face difficult times with fortitude. The importance of cultivating resilience as a business owner became all too clear during the COVID-19 pandemic. […]
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Two of the most frightening combinations of events for most people, especially families, are illness and job loss. When you’re healthy and seemingly comfortable in a salaried job, this combination can seem a long way off. Then something like COVID-19 (the coronavirus pandemic) suddenly appears. Millions of people in the US, Europe, Asia, and all […]
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Intelligent people are successful. This is how we assume the world works. Smart people have the intellect to spot opportunities and make the most of them using the right resources and skills. As a result, these people rise to the top. But this isn’t necessarily what reality reveals. Whether it’s in the corporate world of […]
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What do you picture when you think of a great conversationalist? You might imagine a popular person at a dinner party engaging delighted guests in fast flowing conversation. But there’s a lot more scope to it than that. Great conversation is not just important for brunches and soirees, it’s also essential for successful business growth, […]
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It’s estimated that a quarter of the American workforce are solopreneurs. With so many millions of solo-professionals – from business consultants and life coaches to freelance writers and web designers – there’s a lot of fierce competition. And this is why being a thought leader is so essential for any ambitious solopreneur, especially those aiming […]
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Is it wise for freelancers to offer discounts to prospects and clients? Discounts are a common occurrence in the retail world and they can be great incentives for more sales. For freelancers, offering a discount to clients can come with an array of benefits as well but also some notable drawbacks. Freelancing by its very […]
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It’s a dream of many current employees to work for themselves. There’s a lot to be said for being your own boss, working from a home office, choosing your own salary, and having a lot more freedom as to when you work. But making the transition from the world of traditional employment to a freelancing […]
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Setting up a side small hustle business can be pretty tough, especially when working at a full-time job. Your evenings and weekends are suddenly filled with even more responsibilities, as you grow a fledgling business on your own. Finding the time and energy to do everything might at first seem nigh on impossible. Thankfully, with […]
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Are you desperate to create your own side hustle but out of ideas when it comes to what to do exactly? When money is tight or if you have dreams of setting up your own business, creating a side hustle can help you reach your goals. As we mentioned in last week’s article, a side […]
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For many unhappy employees, the idea of quitting their job and embarking on an entrepreneurial journey is an exciting one. Yet finding the courage and resources to take the leap can be hard to come by, especially when finances are already tight. A solution for budding entrepreneurs in this predicament comes in the form of […]
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Good time management is everything when you’re building and growing a lucrative business. There are only so many minutes in a day – 1440 minutes to be exact – and many of these are spent in much-needed sleep. What you do with the rest of the minutes can determine just how successful you’ll be as […]
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A great way for freelancers to create a recurring income stream is through the use of a retainer contract, especially a high-value one. A retainer is an agreement with a client whereby they pay the freelancer a set fee each month for ongoing work. The primary benefit for you, the freelancer, is a sense of […]
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Cash flow can be a major issue for entrepreneurs. Not all startup founders really understand finance and this can prove problematic. Without proper planning, a new company can find its financial resources depleted leaving it high and dry during downtimes. As an entrepreneur, you soon realize that you don’t only have a responsibility to yourself […]
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One of the most difficult things you can do in life is to build a new business from scratch. As any startup founder will know, creating a new company from the ground up is a Herculean task. It requires long hours, huge amounts of energy, intense focus, and the ability to frequently step far outside […]
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Being an entrepreneur is all about making big decisions. Your success depends on making the right choices, at the right times. One of the most important decisions you’ll make when forming a startup is who your co-founder (or co-founders) will be. In many ways, choosing your startup co-founder is on a par with choosing your […]
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“Where are they?” This is a common question for freelancers and solopreneurs when working with clients. It’s not uncommon for even the best client to go missing in action occasionally. You’re left wondering what to do next. Do you call? Do you email? When a client ignores you, it’s difficult to maintain a smooth workflow. […]
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To be a successful freelancer, you also need to be a strong marketer. Like it or not, marketing and selling are essential components of building a thriving freelancing business. You can hire people to create content and carry out marketing strategies, or, you can do it yourself. If you go the DIY route, then it’s […]
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