Going 'freelance'

Hi all; After 20+ years of being an HR professional, I am contemplating going it alone. I guess what I’m after here is any advice/pitfalls/learnings etc. Discuss :)

Parents
  • Hi Scott, firstly wih you all the best with your solo journey. It's quite the ride. I regularly post on my social media about my journey as a solo business owner and so could probably write a book on this but I will keep it short-ish.;-)

    * get your finances in order.
    Think about what you need to survive and thrive, what your costs are and what you need in order to run your business (company set up, accountant support, insurance, software etc). Have enough reserves to survive lean periods and think about what you need to charge in order to break even and get into profit.

    *have a strong network.
    My network help me to survive, provide essential support and also help my brand and enable me to get work as they know people who might need my services. Network all the time not just when you need something. There are lots of communities and networking groups out there so look for ones that match your needs and invest time in keeping in touch with them.

    *think about your offer.
    What is it you are selling and how do you make it easy for people to buy from you. Knowing what you want to do, can do and what's needed in the current market is critical to make your business work. That can change over time but having a clear offer of what you do, again makes it easy for you to position yourself and also for people in your network to know when you might be able to help them.

    I'll stop there or this will become a blog! Wishing you good luck an fair winds.
Reply
  • Hi Scott, firstly wih you all the best with your solo journey. It's quite the ride. I regularly post on my social media about my journey as a solo business owner and so could probably write a book on this but I will keep it short-ish.;-)

    * get your finances in order.
    Think about what you need to survive and thrive, what your costs are and what you need in order to run your business (company set up, accountant support, insurance, software etc). Have enough reserves to survive lean periods and think about what you need to charge in order to break even and get into profit.

    *have a strong network.
    My network help me to survive, provide essential support and also help my brand and enable me to get work as they know people who might need my services. Network all the time not just when you need something. There are lots of communities and networking groups out there so look for ones that match your needs and invest time in keeping in touch with them.

    *think about your offer.
    What is it you are selling and how do you make it easy for people to buy from you. Knowing what you want to do, can do and what's needed in the current market is critical to make your business work. That can change over time but having a clear offer of what you do, again makes it easy for you to position yourself and also for people in your network to know when you might be able to help them.

    I'll stop there or this will become a blog! Wishing you good luck an fair winds.
Children
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