Learn more about moneyandinvestments with this collection
Conflict resolution
Motivating and inspiring others
Delegation
Diversify the way you work
The full-stack freelancer has proven to be a new kind of stable where the smart thing to do is to have a diversity of income streams.
You don't have to use the same skill set in all the work you do. You can mix and match the different ways you want to work, how you want to spend your time, the clients you prefer, and the frequency in which you want to get paid.
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Your business model
- Ensure you have a stable income stream before you take attention away from it.
- Let your audience, customers, and fans tell you what they want. If you can understand when your market wants something from you and if they are willing to pay for it, creating other revenue streams will ...
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1.54K reads
Create an “income pie”
Working hard and a lot to make more money is a myth. Each pool of income requires different amounts of effort, and the income can fluctuate from year to year.
Creating a pie chart can help you see where to put more energy into the work that aligns with your goals.
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Portfolio career
Multiple income streams can add up to be equal or more than a full-time salary.
Your career does not have to be a linear journey to be successful, nor do you have to be confined to just one type of work.
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The quest for passive income
The idea of a diversified portfolio is to have different kinds of active and passive income.
Passive income is investing time and money up front to help earn money continually even while you sleep. It can take many forms, including digital downloads, e-books, selling stock imagery, lic...
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From full-time to multiple income streams
- When you're fully self-employed, you'll need to earn more because you'll need to pay both employer and employee taxes, pay your own health insurance, fund your retirement, and cover your operating overhead.
- You can find incremental ways to make the transition to self-employed. Nego...
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Other curated ideas on this topic:
Are you acting like a business owner?
- Do you have a process for onboarding new clients?
- Do you set aside money for taxes when clients pay your invoice?
- Do you find yourself procrastinating and submitting work last minute?
Look at your professional habits. Do you find yours...
The pros and cons of freelancing
In the world of freelancing, you are your own boss. You can choose when you want to work and pick the projects you want to work on.
Freelancing is also hard work. You will have no steady paycheck and must manage your finances and workload. You have to source your own clients and risk not g...
What ‘time well spent’ means to you
Ask yourself what a good day looks like at work and home.
- Body: What do you want to do to feel healthy?
- Mind: What engages your mind in a good way?
- Love: Who do you want to spend your time with?
- Wo...
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