Saturday, March 13, 2010
Little did I know how much book keeping would be involved when I started my freelance writing/blogging business a couple years ago. I'm very adept at keeping books and calculating money but becoming a business administrator opened my eyes to the financial world at large. I have written many reviews for Clients about money matters so it is a learning experience for me that I did not expect. Because of the high demand for content reviews on financial matters, I began to think a lot about my current circumstance. When I started my new business, I really did it on one shoestring. I didn't even own a pair.
The idea of obtaining bad credit personal loans to launch my blog network faster was far fetched. I did not have any credit and I owned absolutely zero collateral. My husband and I were living out of our van traveling the United States making money as we traveled with odd job opportunities and my sparse freelance writing pay. I knew that I would need to build a blog empire in order for it to be financially prosperous but I had no idea how to launch it faster without any capital. I've written many reviews for clients who offer services to people like me who have bad and/or no credit but I still hesitated in taking that step.
Two years later, I am still inching my way along earning a little more each month. I'm making progress in leaps and bounds with my blog network but its a slow process. If only I had opted to apply for a personal loan two years ago! My blogs would have benefited from search engine submission, paid content and paid advertising. In fact, some of them would be worth triple what I get paid to write reviews today if I had the financial backing. I'm calculating how to invest what small sums I earn today so that my business will be far more valuable tomorrow.
Tuesday, September 22, 2009
It sounds like we're getting ready to eat dinner, doesn't it?
That's almost true. I want to talk about prioritizing the servings on your freelance plate of work in your to do lists. How does that relate to eating dinner? If you prioritize and plan effectively, your freelance work will provide the maximum return in finances for your efforts.
And that means, you'll have larger portions to serve on your dinner plate! One of the places that people tend to cut corners when they are starting out in business as freelancers or independent marketers is in the "food allotment" column of their budget ledgers. With proper planning and follow through, income will increase and this column allowance will grow because there will be ample finances to cover the other expenses that keep you in business.
So go ahead! Plan a dinner out with that someone special! Pick up the tab with your smart planner funds and enjoy the delicious taste of wise freelancedom!
After your enjoyable dinner, come back for part one of Freelance Portions 101.
The Midnight Writer