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Writer's pictureKyle Prinsloo

The Business Side of Running a Freelancing Business

To become really successful as a freelancer, focus on this:


Work on your business, not just in it.


Yes, you'll have clients to serve and deadlines to meet.


There will be busy times too.


But to move beyond trading time for money, step back and see your freelance work as a business—because it is.


When you think like a business owner, you can act like one too. Here are three key areas to start with:


1. Streamlining for growth:


Outsource:

Delegate tasks that others can do faster or cheaper than you.


Delegate:

Stop trying to do everything yourself; build a small team if needed.


Automate:

Set up systems to handle repetitive tasks efficiently.


Tools:

If you're not using platforms like Wix Studio, then you're simply working too hard and not saving time.


2. Finances:


Track your income and expenses accurately.


Use tools like Xero for accounting and SoftwareSubscriptions.com to monitor software costs.


Start saving for future expenses to manage your finances better.


3. Project Management:


Stay organized with tools like ClientManager, Notion, or Trello.


Manage projects and clients effectively to avoid feeling overwhelmed.


By focusing on these areas, you'll work smarter and make your freelance career more successful.


Remember, it's about working on your business, not just in it.


Here are the key takeaways:


  1. Treat your freelance work as a business, not just client work.

  2. Outsource tasks others can do better or cheaper.

  3. Delegate tasks to a VA or small team.

  4. Automate repetitive tasks with systems and software.

  5. Track finances accurately and save for future expenses.

  6. Use project management tools to stay organized.


Take care and talk to you soon!


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