Going Solo - Escape the Corporate World and Into Freelancing.
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Insights and lessons into transitioning from the corporate world and into solopreneurship, entrepreneurship and self-employment as a next step in your career.
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Going Solo - Escape the Corporate World and Into Freelancing.
- 1. Going Solo Escape the corporate world and into freelancing.
- 3. 3 WHATISIT?Work for yourself. Plain and simple.
- 4. Full Time Entrepreneurship You are not moonlighting anymore. You are a freelancer, an entrepreneur. You leave the corporate world behind and devote yourself and your services available for contract work.
- 5. Expert For Hire You are the expert in a specific field that people and organizations want to hire to solve their problems.
- 6. 6 WHYDOIT?It’s risky, but life is about risks and rewards.
- 7. 7 Changing Labor Market To keep up with disruptive upstarts, corporations are modifying their organizations to be more agile and lean. This means a smaller workforce.
- 8. Rewards of Entrepreneurship Corporate loyalty is scarce. You have the potential to reap the rewards of self-employment and building something that is meaningful to yourself and others.
- 9. 9 ADVANTAGESThe reason why freelancing is cool.
- 10. 10 Be You’re Own Boss. You’re accountable to yourself and in control.
- 11. 11 Manage Your Time. Allocate you time as you see fit.
- 12. 12 Work Anywhere. You often have freedom to work from anywhere.
- 13. 13 Pursue Your Passion. Do the things you love to do.
- 14. 14 Expand Your Skills You get to work in different roles of running a business.
- 15. 15 DISADVANTAGESThe parts that suck about freelancing.
- 16. 16 Single Point of Failure If you are responsible for the success and failure of your personal enterprise.
- 17. 17 Time Management You’re time is precious and you will have to devote time to building your business which can cut into your personal time and freedom.
- 18. 18 Market Realities In a down market, getting clients will be tough and startups generally have a low probability of survival compared to larger organizations which can survive market turbulence.
- 19. 19 Stretched Thin You have you hat in every role within the company which consumes your time to focus on the things you do best.
- 20. 20 OPPORTUNITIESSurmounting the challenges of freelancing
- 21. 21 Federate & Mobilize Think beyond yourself as the only resource to scale your business. Enlist the support of other freelancers.
- 22. 22 Incorporate Services Besides enlisting other freelancers. Utilize SaaS and web based services that are ready to deploy and use out-of-the-box.
- 23. 23 Pivot Quickly You can move faster than the competition when things change.
- 24. 24 Scale Intelligently Because you contract with other freelancers, you don’t have to hire a staff quickly or regularly. You can expand and contract as necessary to meet the oscillations of the market.
- 25. 25 Capture the Big Elephants Find a client that is large enough to withstand the market shocks that way it can temporarily shelter from surprises. It can also provide a steady flow of consistent income and even more opportunities.
- 26. 26 Investing in Yourself Building your business is an investment in yourself. Your accomplishments are a reflection of yourself that you can trace directly to your efforts.
- 27. 27 …and thank you. Get at it!