Common Mistakes Freelancers Make When Starting Out
The three most common mistakes freelancers make when starting: Not Taking Enough Time Off, Not Getting Paid Quickly Enough, and Spending too Much on Unnecessary Expenses. We can all relate to wanting to do as much work as possible while making as much money, but this often leads to the unfortunate consequence of burning out before you've hit your career's peak.
Suppose you are experiencing a problem in your business, one of the best ways you can combat it is by taking more time off than you would otherwise think necessary for a breather. In that case, few things can take the pressure off more than unplugging from work for a little while!
One other factor that's worth considering is that the speed at which people pay freelancers is increasing. Many freelance jobs have payment terms shorter than the industry standard 30 days. Asking clients to extend their deadlines might be an option if they're behind schedule but remember that you should not ask them to do it routinely if you want them to keep coming back for future projects.
Lastly, freelancers commonly struggle with spending too much on unnecessary expenses such as eating out or paying for expensive office space when working from home could be just as effective (or even better). Due to the fact that you will not be reminded daily to avoid excessive spending, it may seem difficult at first, but soon enough, it'll become second nature. Consequently, you will have more availability and motivation to devote to what is truly important: building up your business!
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