Friday, May 27

How to become a better freelancer?

As more and more people choose to start their own businesses in different areas, it is clear that the era of freelancers has arrived. Currently, 53 million people in the United States have freelance jobs, representing 34% of the national workforce.

It’s a fascinating lifestyle compared to 9-5 routines. Freelancers can set their own time, put on their pajamas and days on the couch, keep calling it work, pursue the projects they want to do, and become their boss.

But this freedom has been without a single salary for a long time (despite working all the time), you have to actively seek freelance contracts, a unique, little socialized work environment, comes with its own complexity, such as having to set a rate tax. And at least the horrible tax season of all worries.

How to become a better freelancer?

Fortunately, these are not impossible drawbacks. Everything can be improved. The method is the following.

Do you find a stable concert?

The really fascinating aspect of freelance is that you can carve out a niche and get paid for doing your exciting projects. However, these projects are small in number, especially for new freelancers, and they can make a significant difference or go wrong. By finding one or two stable clients, freelancers can get paid on a regular basis while learning new and necessary skills in their field. With just one or two stable jobs, you can spend more time looking for contracts to verify your real life.

Find a system that works for you?

It may be best to work in a wooden chair in a dedicated home office with your makeup on. Or you can start work in the late afternoon, turn it on until after midnight, and fill your living room floor with paperwork. Maybe you live in a coworking space and duplicate the 9-5 structure.

Freelance allows you to decide what works and what doesn’t, but it is very important to know what the peak hours are and what work structure will get the best results from you … Finding a work system also applies to taking the time to understand how it works . Some people find it satisfying to create a to-do list with a pencil and paper. Others are using Evernote. Some set alarms and schedule every minute, while others use website blockers to avoid all unnecessary Internet holes. There are many apps that help freelancers organize their time, systematize their email, and manage their projects. It is up to you what helps you be more productive.

I know your price

Salary negotiations are an unmanageable part of a freelancer’s career. After all, you are now your boss! If you think you deserve a raise, you can do it yourself. Every few years, you may find that your costs have increased or that your expertise simply deserves higher compensation. Or you may just be starting out and don’t know how much to charge for the service.

Here, freelancers often find their talents weakened or used. To find out what to charge, keep track of your time and work, find the task that takes you the longest, and adjust your list price accordingly. Use the online rate calculator to help you set your hourly wage.

Plan your finances

Freelancers may not know when they will be out of work for a month or when your clients will receive a big salary for you. It is always important to plan as far in advance as possible. Always think about how much money you will make each month, save enough savings to top it when you need it, and the bills and customers on your spreadsheet. Remember who is still borrowing money from you.

Organize documents

Trust me, this comes in handy during tax season. A mess of disorganized receipts, an unlabeled invoice folder (“Did you send it in April last year or April this year?”), And worse, especially the deadline for shipping. I don’t want to look at the missing documents at that time. Approaches. To make matters worse, you’ve been hit by a huge tax claim and have to pay back the tax you didn’t explain.

Throughout the year, keep track of exactly what you can write as a self-employed worker and keep all relevant receipts. It helps you take a photo of your receipt and save it to the cloud in case you lose your physical copy. Label your invoice clearly and put it in a folder (remember to back up everything!). Also, make sure you have a portion of all untaxed wages (around 30% for security) to prepare for tax claims. And most importantly, get an accountant. It sounds like another expense, but accountants can help you understand tax confusion and save time and money.

Get out there and find a community

One of the drawbacks of living an independent life is that you almost always miss the friendships of the colleagues you meet at the office. It can be a very isolated job and it’s nice to be able to skip commuting and work in yoga pants, but when you realize you haven’t been out for five days to balance work and life, it suddenly becomes less fun to merge into one. single named entity just works.

The most important thing a freelancer can do to stay sane is to get out and interact with the world. Especially in the form of exercise, long lunch walks, daily yoga classes, and even neighborhood cafes. You can also find something similar to friendship in the office if you know other freelancers who work in similar areas. The anecdotes are different, but opportunities and support networks can be used to facilitate work isolation.

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