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7 Realities You Need to Understand Before Working as a Freelancer

7 Realities You Need to Understand Before Working as a Freelancer

The freelancing industry enables talented and hard-working people to cash in their skills and abilities. Nothing similar to it has ever existed. However, people have many misconceptions about what it really is and how it functions. Some believe that it’s a source of quick and easy cash, while others think of it as if it were a promised land for artists. The only way to truly know what’s going on in the world of freelancing is to experience it first hand, but I believe I can get you a bit closer to the truth.

You Won’t Have One Boss, You’ll Have a Ton of Them

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02 Man

    The first and the most popular misconception is that, as a freelancer, you’re your own boss. Technically, this is true, but in reality you need to answer to each one of your clients, because you have a responsibility to deliver a certain amount of material in a previously set time frame. To be precise, you won’t have one boss, you’ll have a ton of them, and each one will require you to be available 24/7, answer absolutely every email, and make as many corrections as they find necessary. Building a professional relationship with that many different people may be tiring at first, but it will help you develop your people skills. The secret is in being persistent and putting your best effort into satisfying your client.

    You Are in Charge of Your Free Time, of Which There Will Be None

    When you’re a freelance newbie, this part can be particularly overwhelming. Sure, you won’t have to mind the clock (except when it comes to deadlines), and you’ll be able to arrange your tasks however you find suitable, but – and this is one big but – this usually leads to doing no or very little work until you really have to. Once you realize that you can pull an all-nighter only so many times, you will either give up being a freelancer, or your organizational skills will go through an amazing change.

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    You’ll Have a Decent Income, but You Need to Get There

    03 Notebook

      You have probably heard or read about those unbelievable successful freelancers that don’t know what to do with their money anymore. This doesn’t necessarily have to be a lie, because finally consolidating your student loans thanks to freelancing, and making some serious money is possible, but not when you’re a clueless beginner. You should allow for a period of adaptation before your master plan of becoming a millionaire can be set in motion.

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      You Only Need a Website, but It Needs to Be Great

      Another misconception about freelancing is that you only need a website and the offers will come flying in. The first part is true – you do need a website, but it needs to be properly maintained, created according to the latest trends, mobile-friendly and updated regularly. Unless you’re a developer, this is going to cost you. All sorts of new age professions, like making a living out of blogging, seem so simple to learn and easy to do, until you actually start doing them. The success rate of online jobs mostly depends on how much you invest in your portfolio, which obviously requires dedication to passion projects, lots of experience and a desire to grow. The fact that you can direct your career by yourself and develop exactly the way you want is liberating, but that doesn’t mean that you won’t have to work really hard.

      You’ll Do What You Like, but You Won’t Like All of It

      As a freelancer, you can be as selective as you want when it comes to jobs. This obviously means that you can remain strictly in your area of expertise, which is pretty great, but it also means that you will have to deal with a repetitive processes, and similar tasks that simply can’t be avoided. Loving what you do gives you an amazing feeling of fulfillment, but freelancing is based on completing various projects, and all of them have similar stages, so be prepared for a bit of grunt work.

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      You’ll Be a Freelancer, but Also an Accountant, a Lawyer, a Project Manager and a Creative Director

      05 Profit

        Becoming a freelancer differs from everything you did so far. Your job description will include using all your previous knowledge to create some kind of content, but it will also imply that you handle your own transactions, making sure your rights aren’t violated, managing your projects, and being in charge of brainstorming. If you pay attention to unemployment statistics, the fact that one person needs to take on multiple jobs at once during a time when so many can’t even find one may seem daunting, but no one said that freelancing was easy money. Anyway, you better be prepared to do some serious research and expand your knowledge of some areas that you aren’t the least interested in.

        You’ll Be Finally on Your Own, but You’ll Be All Alone

        Being a loner might be fun at first, but once you realize that you didn’t change for the last five days, and that you haven’t talked to a real live person, will come as a shock. When people turn to freelancing, they believe their social life will flourish. We already mentioned how managing your time can be overwhelming at first – have no doubt, it will reflect on the way you spend quality time with your family and friends. Also, that lack of gossiping and annoying colleagues might seem like a great thing at first, but after a while you’ll be surprised with that feeling of nostalgia, which will undoubtedly appear. However, once you get the hang of it and truly start understanding your new job description, I’m sure you’ll get right back on the social track!

        Freelancing comes with many amazing perks, but you’ll encounter more than a few things you didn’t expect. It’s just a matter of practice really – the fact is that you’re changing your lifestyle radically and, consequently, you’ll need time to adopt and accept everything that comes with it. If you don’t give up easily, try really hard to develop your skills and work on your tolerance, you’ll get the hang of it.

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        Last Updated on March 12, 2019

        20 Inspiring Vision Statement Examples (2019 Updated)

        20 Inspiring Vision Statement Examples (2019 Updated)

        There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

        What Is a Vision Statement?

        A vision statement is like a photograph of your future business, which gives your business shape and direction.

        A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

        If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

        You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

        The Importance of a Vision Statement

        Without a vision statement, your business will lack motivation to keep going.

        If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

        The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

        Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

        How to Craft an Inspiring Vision Statement

        1. Dream big and use clear language

        An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

        • Imagine how you want the business to be like in five to ten years.
        • Infuse the business’ values in the statement.
        • Make sure that the statement is implying a clear focus for the business.
        • Write your vision statement in the present tense.
        • Use clear and concise language.
        • Ensure the statement is easily understood.

        There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

        2. Get inspirations from the successful companies.

        Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

        Short vision statements made up of a few words only:

        1. Disney

        To make people happy.

        2. Oxfam

        A just world without poverty.

        3. Ikea

        To create a better every day life for the many people.

        Quantitative statements are based on numbers, quantities:

        4. Microsoft

        Empower every person and every organization on the planet to achieve more.

          5. Nike

          Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

            Qualitative statements are based on qualities that you want to have:

            6. Ford

            People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

            7. Avon

            To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

            Competitor based statements – this type is becoming less common, but famous examples are:

            8. Honda – in 1970

            We will destroy Yamaha.

            9. Nike – in 1960s

            Crush Adidas.

              10. Philip Morris – in 1950s

              Knock off RJR as the number one tobacco  company in the world.

              Role Model Vision Statements – using another company as an example:

              11. Stanford University – in the past

              To become the Harvard of the West.

              12. Reach for Success – in the past

              To become the next Tony Robbins in self development.

              Internal Transformations vision statements:

              13. Apple

              To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

              14. Giro Sport Design

              To make sure that riding is the best part of a great life.

              15. Tesla

              To accelerate the world’s transition to sustainable energy.

              16. Sony

              To be a company that inspires and fulfills your curiosity.

              17. Facebook

              To give people the power to share and make the world more open and connected.

                Longer and more detailed vision statement:

                18. Walmart

                To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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                19. Coca Cola

                To achieve sustainable growth, we have established a vision with clear goals:

                Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

                People: Being a great place to work where people are inspired to be the best they can be.

                Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

                Partners: Nurturing a winning network of partners and building mutual loyalty.

                Planet: Being a responsible global citizen that makes a difference.

                  20. Heinz

                  Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

                  The Bottom Line

                  Remember, always keep your vision statement up-to-date to direct your company’s actions.

                  Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

                  Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

                  Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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                  To your success!

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