Archive for October, 2008
The earning potential in freelance business is pretty good and as such many freelancers enjoy a handsome amount on regular basis. And when you consider the fact that you do not have to work for others, and you are your own boss, the earning then seems more worthy. However, what if you want to extend your income beyond the “Pretty Satisfactory” to some higher level? Though it may not be easy, but certainly is possible, and some freelancers already have reached that level of greater satisfaction.
This article will illustrate few of the ways to achieve this success:
This is certainly one of the ways, but many freelancers avoid this route due to the fear of insecurity and loss of projects. However, if you can do everything regarding the projects with perfection, do not give the clients any room to complain, then you certainly can have an attempt to spike your price up, and there will be a greater chance that clients will eventually accept it.
Expanding the Business
It has always been the case that freelance business owners are earning a lot more than the average individual earning. Though it is true that expanding a business is a laborious and complicated task, but the end result is good enough that will easily offset for the initial hard work. You can expand your business by hiring other freelancers to outsource your projects and do other outside but related activities, or you may want to develop more skills to take up different kinds of projects.
Selling Rare Information
This aspect of freelancing is often overlooked due to various reasons, but the essence is, if you can develop skills in some area that have high demand in the market but very few people are actually having a working knowledge that can be used to gain profit, you will be in some serious business as you can charge even triple your normal rate to distribute that knowledge, because in that case, clients will not mind about spending some extra cash if you can truly guide them into the right path.
Freelancing is not limited into intellectual products. If you can design and develop a physical object that may be really useful, you will find a great demand for it, may be the drudgery are quite problematic in this arena, but the reward is high as well for a truly remarkable physical product.
Passive Income Stream
It is hard to find anything that will consistently generate good earning with no or little work from your part. But if you really can find, then it will make your life a lot easier.
Thus, if you can adopt any of the above options, you will have a way to earn that extra to fly your overall freelance experience to a greater degree of satisfaction.
DataEntryPortal is a company for general Data Entry Work. However, as there are thousands of scam artists also trying to sell this kind of lucrative business opportunities, it has virtually become impossible to find a genuine one. This article will try to illustrate some point which will clarify that, DataEntryPortal.com, like many other scam artists, also falls into the world of black listed names.
First and foremost, they do not have any address or any person’s contact umber. Had it been a legit organization sincerely working towards its goal, it must have an office and customer support centre, but none you can find in the website, clearly signaling something fishy is going on.
The promised amount per day is around USD 400, which is really quite high for Data Entry works and thus naturally springs out an air of suspicion. This suspicion is further fuelled by the fact that when you see, just like other scam sites, it also requires you to pay a ONE TIME fee of USD 57. So, if it is a work that you will do, and will pay a commission to the company, then you should have no reason to pay any startup fees; but, here you have to pay which is obviously a telling factor that you are going to waste your money and nothing else.
In their testimonial section, there is no way to verify the so called “Satisfied” users who have put their comment to bolster the claim of DataEntryPortal.com. Therefore, you do not have any guarantee that the comments are really genuine or not. Further, on top of the page, they have assured you that they can not in any way help you to identify the person, thus, al these comments are just lies for sure.
Here is a comment from the victim:
I need to tell you about the biggest scam I have ever seen. The site is http://www.DataEntryPortal.com
All in all, I’ll recommend you to stay away from such scam artists who claims to provide you Data entry jobs in exchange of fee and with no address or any person’s contact number. These are just imposters and cheaters who will rob you off your money if you give them any chance.
This is the last part of this series which goes on discussing the Sins that many freelancers commit which often result in a complete loss of their freelance business. This part will deal with the importance of not sacrificing ones integrity.
Many freelancers start out as part timers, for various reasons, such as they may be tired in their regular 9-5 job, working for someone else, making the company owner rich and not getting to have enough time for their own activities, or may be they were told to do something illicit which they felt they shouldn’t do. Or may be the company was imposing impossible condition such as installing Servers at the middle of the night and not compensating this extra hard work later on. Any case many regular 9-5 guy has turned to freelance business because they couldn’t sacrifice their integrity. So why is integrity so important to a freelancer?
You will always feel better when you know that you did not swindle anyone out of anything. You have worked hard, and you hard work helped someone in someone, howsoever small or big it may be. So treating your freelance projects with integrity will feel you with wonderful gratification which will only bring peace and satisfaction to you.
Self-Image to Others
Off course you have to compete with other freelancers, even in some cases the competitions will be intense if the client is a big gun. So, if you employ any bleak method to consistently make other freelancers bereft of good projects, sooner or later the word will spread out to the community of freelancers and your image will suffer a drastic blows. You will be probably chucked out of the community border, which might have been so helpful to you before.
Reputation to Clients
Without doubt, if you work with integrity and care, clients will obviously notice you and word about your sincerity will run faster than you could imagine, in the end bringing to you more and more projects.
Remember one thing, sincere hard work always pays off. It is the law of nature. Sacrificing integrity and ethics may bring some short term profit, but at the long run it will be the sole cause of bulldozing your business.
With this we end our last part of the series. If we can avoid these seven sins, our freelance business can thrive in no time.
This is the sixth part of this series which goes on discussing the Sins that many freelancers commit which often jeopardizes their freelance business. This part will deal with the importance diversification of your work.
There are some accounting and other kind of stuffs are always related to each of the clients that you will ever deal. You have to perform these tasks each time for each and every client, regardless of the project size. So, when there is a lot of customer, you tend to be in an uneasy position with all these tasks that don’t incite you at all. Therefore, when a big client signs up for your project, you tend to work only for him, ignoring other projects or you stop taking other projects. You fully concentrate of the few big clients. However, this can lead to some dreadful scenarios. Here we will discuss the repercussion of what can happen if thing run wild.
The biggest danger of this approach is that, in any case a big client decides to stop you, that is, he decides to go for other freelancers or he is not interested anymore to carry out the project. Then you will be in blue water as you have already declined other clients. Thus you will face trouble having enough work. So, what is the best way out of this situation? The answer is it Diversify your work by following the below mentioned practices:
Continue Sales & Marketing
Do not become over consumed with the work for big clients, also keep note about the marketing of your brand. Later on if you go too much into shell, then you may fall behind in this competitive business. Thus in any case, you have to keep you marketing and sales functionality on proper track and speed.
If the client is really big, and able to pay a lot, then you can hire some contract to do some part of the project, instead of dropping other clients off. But make sure that the quality of the work that the subcontractors do is top-notch.
Even if you have decided to drop off the other clients, do not simply leave out any running projects. This actually will create a huge negative impression. Finish whatever projects you have in hand, and then approach the big gig. Also inform the other clients in a professional manner that at that time you will not be available for any other projects.
With this we end our sixth part of the series. In the last part of the series we will discuss about the danger of sacrificing integrity. Just Sign up with our Auto-Feed Manager to deliver the next part to your Inbox automatically.
This is the fifth part of this series which goes on discussing the Sins that many freelancers commit which often ends up hurting the business badly. This part will deal with the importance of branding yourself properly. Often if you are too well-versed at something, people tends to take you as the de-facto standard on that field and finds it hard to believe that you are actually can do others things equally well. The initial task was not actually what you have intended for yourself, consequently, you really have to work extra hard to break away from this scenario. This article will show why this kind of ‘Accidental Branding’ happens and ways to prevent it.
This phenomenon starts its root when you are very good at doing what you indented do even just for a short while or just for the sake of capturing the market. Client likes your work and thus your name spreads as an expert particularly in that kind of work. Sometimes, you will keep the good work for showcase so that you can get more clients, thus contributing more to the natural growth of this accidental branding.
So what should you do to avoid this kind of unpleasant circumstances which makes it quite difficult for you when you want to switch area of expertise? You take matters on your own hand, that is, you should be from the beginning very clear about your branding and should proclaim it wherever you deem possible. You write it down into your vision statement and describe what can be expected from this brand of yours.
Aside from this, you should try using different techniques to give your brand a concrete existence:-
- Blog about your work.
- Include your brand in every email you send to clients.
- Use the brand in your work that is stored in the Showcase for demonstration
- Stick it on your service page.
- Put this brand in every forum you contribute.
With careful planning and discipline, you can have a grip on this issue
With this we end our fourth part of the series, in the next part we will discuss about the Lack of Diversification. Just Sign up with our Auto-Feed Manager to deliver the next part to your Inbox automatically.