TIP OF THE WEEK
From millennials who have been grinding away in the workplace for a few years to Gen Xers looking to move out of their cube, many have been intrigued by the possibility of freelancing.
It means the freedom to set your own hours, to work closely with clients, to be your own boss and have greater control over your career.
According to Forbes, there are 53 million freelancers in America today, and by 2020, it’s estimated that half of the workforce will be doing freelance work, whether full time, as a part-time gig or as their side hustle.
Unlike a traditional job, where you generally don’t need to bring more than a packed lunch to work, freelancing requires a few essential tricks and tools to succeed. Whether you’re looking to start out or refresh your personal brand, homeworking experts cite five important tips to help you succeed at the freelance game.
Manage your time. One of the best parts, and the most challenging parts, of freelancing is that you get to make your own schedule. Many find that they need some sort of structure in their day, and for this reason it’s important to have the right time management software. This will notify you of calls, deadlines, track how long you work on a project and more.
Get the right laptop. A laptop is your office, your meeting room, your library, your entertainment source and so much more, making it one of the most essential freelancing tools. It’s the lifeline between your business and your clients, so it’s critical to be sure you have the right one.
Use professional email and social media accounts. For all work-related correspondence and interactions, be sure to use a dedicated email account. This will make you appear more professional to prospective clients. You should also set up work-related social media accounts where you can post examples of work and professional insights and network.
Keep track of finances. For a lot of freelancers who are on the creative side of things, keeping track of finances can be a real challenge. Not only do you have to manage invoices, expenses and make sure you’re getting paid, you also have to keep taxes in mind. The right accounting software can greatly simplify this process and save you innumerable headaches.
Find the right space. While freelancing is largely a digital game, and requires the right laptop loaded up with the tools you need to manage your business, you still need to find the right place to work. Some work in a coffee shop and others require a dedicated home office. You might work best in a shared office space.
According to USA Today, the top 10 highest paying jobs (median weekly earnings) in America are:
1. Chief executives ($2,296)
2. Architectural and engineering managers ($1,999)
3. Pharmacists ($1,923)
4. Physicians and surgeons ($1,918)
5. Lawyers ($1,901)
6. Aerospace engineers ($1,892)
7. Computer and information systems managers ($1,843)
8. Nurse practitioners ($1,840)
9. Veterinarians ($1,840)
10. Electrical and electronic engineers ($1,803)
NUMBER TO KNOW
$28,000: Bidding for a rare-autographed book signed by late physicist Stephen Hawking in 1973 began at $28,000.
Facebook’s secret banned content list revealed
Facebook recently revealed its once-secret list of content that can get a user banned from using the social media site. The types of unacceptable posts include, “Violence and Criminal Behavior,” “Safety,” “Objectionable Content,” “Integrity and Authenticity,” “Respecting Intellectual Property” and “Content-Related Requests.” Known as its “Community Standards,” Facebook also outlined the types of users that are not allowed to post to the site.
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