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	<title>Comments on: The Seven Deadly Sins of Freelancing Part 1 &#8211; Underestimating The Job</title>
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	<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/</link>
	<description>The Blog For Freelancers And Web-Workers</description>
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		<title>By: 10 Articles any Freelancer should read &#171; Yachdus Meme</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-35774</link>
		<dc:creator>10 Articles any Freelancer should read &#171; Yachdus Meme</dc:creator>
		<pubDate>Sun, 03 Jan 2010 06:14:49 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-35774</guid>
		<description>[...] Some people are naturals, but the rest of us need to learn the how-tos, or learn the hard way. Read the series The Seven Deadly Sins of Freelancing [...]</description>
		<content:encoded><![CDATA[<p>[...] Some people are naturals, but the rest of us need to learn the how-tos, or learn the hard way. Read the series The Seven Deadly Sins of Freelancing [...]</p>
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		<title>By: Amber Weinberg</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-24866</link>
		<dc:creator>Amber Weinberg</dc:creator>
		<pubDate>Sun, 01 Mar 2009 04:10:33 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-24866</guid>
		<description>Good tips. I&#039;ve gone back and forth between full time freelancing and a regular full time job. What I&#039;ve found is that you actually work MORE hours as a freelancer, plus you put in extra hours for those networking events and mixers. It takes a lot of hard work to get projects rolling in and a lot more work to keep them ;)</description>
		<content:encoded><![CDATA[<p>Good tips. I&#8217;ve gone back and forth between full time freelancing and a regular full time job. What I&#8217;ve found is that you actually work MORE hours as a freelancer, plus you put in extra hours for those networking events and mixers. It takes a lot of hard work to get projects rolling in and a lot more work to keep them ;)</p>
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		<title>By: 50 Reasons Why You Will Not Make It As A Freelancer &#124; BrianYerkes.com</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-20272</link>
		<dc:creator>50 Reasons Why You Will Not Make It As A Freelancer &#124; BrianYerkes.com</dc:creator>
		<pubDate>Sat, 11 Oct 2008 18:46:10 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-20272</guid>
		<description>[...] The 7 Deadly Sins of Freelancing [...]</description>
		<content:encoded><![CDATA[<p>[...] The 7 Deadly Sins of Freelancing [...]</p>
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		<title>By: Alexander Langer</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-14367</link>
		<dc:creator>Alexander Langer</dc:creator>
		<pubDate>Wed, 23 Jul 2008 19:57:01 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-14367</guid>
		<description>I&#039;m just about to start freelancing. Besides I&#039;ll keep my job half-time, so I don&#039;t have to deal with the insurance stuff here in Germany. 

It&#039;s always good to have such high-quality articles at hand and be able to learn from others. Keep up the good work!</description>
		<content:encoded><![CDATA[<p>I&#8217;m just about to start freelancing. Besides I&#8217;ll keep my job half-time, so I don&#8217;t have to deal with the insurance stuff here in Germany. </p>
<p>It&#8217;s always good to have such high-quality articles at hand and be able to learn from others. Keep up the good work!</p>
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		<title>By: Anuradha</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-14078</link>
		<dc:creator>Anuradha</dc:creator>
		<pubDate>Mon, 14 Jul 2008 20:11:49 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-14078</guid>
		<description>Thank you for the tips and guidance. Just needed it at this time as I plan to do more and more freelance.</description>
		<content:encoded><![CDATA[<p>Thank you for the tips and guidance. Just needed it at this time as I plan to do more and more freelance.</p>
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		<title>By: Ryan Battles</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-14030</link>
		<dc:creator>Ryan Battles</dc:creator>
		<pubDate>Sat, 12 Jul 2008 20:45:59 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-14030</guid>
		<description>Thanks for the article.  A great resource that I would recommend for any freelancer that hasn&#039;t received an MBA is to get a book that is an overview of business management.  In particular, I have found &quot;The Complete MBA for Dummies&quot; to be a good read that overviews many business management skills.  These types of books are a good overview, and provide the basis to go deeper with a more specialized book if need be.</description>
		<content:encoded><![CDATA[<p>Thanks for the article.  A great resource that I would recommend for any freelancer that hasn&#8217;t received an MBA is to get a book that is an overview of business management.  In particular, I have found &#8220;The Complete MBA for Dummies&#8221; to be a good read that overviews many business management skills.  These types of books are a good overview, and provide the basis to go deeper with a more specialized book if need be.</p>
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		<title>By: Meryl K. Evans</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-13944</link>
		<dc:creator>Meryl K. Evans</dc:creator>
		<pubDate>Wed, 09 Jul 2008 19:14:44 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-13944</guid>
		<description>Recently, I underestimated a job. Though I&#039;ve gotten better and more comfortable with providing quotes -- it still trips me especially when it&#039;s a different type of assignment. Part of the assignment, I do for another client who pays me hourly. The other part of the assignment was new. I knew the client didn&#039;t want to pay hourly.

After a couple of weeks, I asked the client if we could explore another way of pricing. After a couple of back &#039;n forths... we agreed on a a higher rate. So it&#039;s possible to work through things with a client if the first quote doesn&#039;t go over well. 

Freelancing is largely about building relationships -- my favorite part. I like getting to know my clients and care about their successes. I&#039;ll do little things like point them to an article or let them know about publicity opportunities.</description>
		<content:encoded><![CDATA[<p>Recently, I underestimated a job. Though I&#8217;ve gotten better and more comfortable with providing quotes &#8212; it still trips me especially when it&#8217;s a different type of assignment. Part of the assignment, I do for another client who pays me hourly. The other part of the assignment was new. I knew the client didn&#8217;t want to pay hourly.</p>
<p>After a couple of weeks, I asked the client if we could explore another way of pricing. After a couple of back &#8216;n forths&#8230; we agreed on a a higher rate. So it&#8217;s possible to work through things with a client if the first quote doesn&#8217;t go over well. </p>
<p>Freelancing is largely about building relationships &#8212; my favorite part. I like getting to know my clients and care about their successes. I&#8217;ll do little things like point them to an article or let them know about publicity opportunities.</p>
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		<title>By: Bob Younce at the Writing Journey</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-13938</link>
		<dc:creator>Bob Younce at the Writing Journey</dc:creator>
		<pubDate>Wed, 09 Jul 2008 14:49:27 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-13938</guid>
		<description>@ Jenny - That&#039;s true. Those less-interesting tasks, though, are what makes sure you get paid. You can see why many small businesses outsource those things.

@ Jim - Time management is key. It&#039;s even more important for the freelancer than someone in a cubicle, I think. 

As far as the freelance entrepreneur thing, I think part of the key (and I talk about this later in the series) is to sufficiently plan your business. If you can get enough gigs to outsource from the beginning, that&#039;s great. If not, though, you probably need to start out with at least some of the work in-house.

@ Robert - That&#039;s awesome. It sounds like the Network Administration industry in the mid 90&#039;s. I could switch jobs every 6 months for a 30% pay raise. In 4 years, I tripled my income. Like any other market, though, your market can become over-saturated in a matter of a couple short years. That one did for me, and present performance is no guarantee of future success.

@ Lucas - You&#039;re absolutely right. Now, there are lean times when most freelancers will have to live a bit hand to mouth. If they&#039;re always in that spot, though, they might consider another career.

@ Andrew - I disagree. I don&#039;t think that model will produce six figures in one year. The idea sounds great, and you&#039;ll snag a couple dozen unsuspecting folks, but most people aren&#039;t going to shell out two grand, unless you&#039;ve got a credible reputation. Even if you start with a credible reputation, you aren&#039;t going to maintain it after a handful of folks buy the product.</description>
		<content:encoded><![CDATA[<p>@ Jenny &#8211; That&#8217;s true. Those less-interesting tasks, though, are what makes sure you get paid. You can see why many small businesses outsource those things.</p>
<p>@ Jim &#8211; Time management is key. It&#8217;s even more important for the freelancer than someone in a cubicle, I think. </p>
<p>As far as the freelance entrepreneur thing, I think part of the key (and I talk about this later in the series) is to sufficiently plan your business. If you can get enough gigs to outsource from the beginning, that&#8217;s great. If not, though, you probably need to start out with at least some of the work in-house.</p>
<p>@ Robert &#8211; That&#8217;s awesome. It sounds like the Network Administration industry in the mid 90&#8217;s. I could switch jobs every 6 months for a 30% pay raise. In 4 years, I tripled my income. Like any other market, though, your market can become over-saturated in a matter of a couple short years. That one did for me, and present performance is no guarantee of future success.</p>
<p>@ Lucas &#8211; You&#8217;re absolutely right. Now, there are lean times when most freelancers will have to live a bit hand to mouth. If they&#8217;re always in that spot, though, they might consider another career.</p>
<p>@ Andrew &#8211; I disagree. I don&#8217;t think that model will produce six figures in one year. The idea sounds great, and you&#8217;ll snag a couple dozen unsuspecting folks, but most people aren&#8217;t going to shell out two grand, unless you&#8217;ve got a credible reputation. Even if you start with a credible reputation, you aren&#8217;t going to maintain it after a handful of folks buy the product.</p>
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		<title>By: Andrew Scotchmer</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-13936</link>
		<dc:creator>Andrew Scotchmer</dc:creator>
		<pubDate>Wed, 09 Jul 2008 11:46:37 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-13936</guid>
		<description>Actually you can earn a six figure income in twelve months from just two hours work a day; the problem is you can&#039;t sustain it. In fact on a lot of the scam sites the &quot;six figures&quot; are based on projections that in turn are based on the first week or twos worth of business. The problem is many won&#039;t survive past month one.

For example, one site I found out about (but not from experience I hasten to add) gave the following instruction: Set up a website telling people how to earn six figures a year and charge customers $5,000, which you reduce to $1,999 for a &quot;limited period&quot;, to teach them the &quot;secret.&quot; The &quot;secret&quot; of course was to set up a website telling people how to earn six figures a year whilst charging them $5,000 which you reduce to $1,999 for a &quot;limited period.&quot;

That would only require a couple of hours a day, but lets be real, it wouldn&#039;t last long.

Freelancing, setting up and maintaining a successful home business, takes dedication and 12 hour + days. In the early months it could even be more and involve 7 day weeks with no company pension, no holiday funds, no medical cover, nothing.

Hmmm sound attractive now? In saying that, I love it!</description>
		<content:encoded><![CDATA[<p>Actually you can earn a six figure income in twelve months from just two hours work a day; the problem is you can&#8217;t sustain it. In fact on a lot of the scam sites the &#8220;six figures&#8221; are based on projections that in turn are based on the first week or twos worth of business. The problem is many won&#8217;t survive past month one.</p>
<p>For example, one site I found out about (but not from experience I hasten to add) gave the following instruction: Set up a website telling people how to earn six figures a year and charge customers $5,000, which you reduce to $1,999 for a &#8220;limited period&#8221;, to teach them the &#8220;secret.&#8221; The &#8220;secret&#8221; of course was to set up a website telling people how to earn six figures a year whilst charging them $5,000 which you reduce to $1,999 for a &#8220;limited period.&#8221;</p>
<p>That would only require a couple of hours a day, but lets be real, it wouldn&#8217;t last long.</p>
<p>Freelancing, setting up and maintaining a successful home business, takes dedication and 12 hour + days. In the early months it could even be more and involve 7 day weeks with no company pension, no holiday funds, no medical cover, nothing.</p>
<p>Hmmm sound attractive now? In saying that, I love it!</p>
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		<title>By: Lucas Martell</title>
		<link>http://freelancefolder.com/the-seven-deadly-sins-of-freelancing-part-1/comment-page-1/#comment-13923</link>
		<dc:creator>Lucas Martell</dc:creator>
		<pubDate>Tue, 08 Jul 2008 17:48:14 +0000</pubDate>
		<guid isPermaLink="false">http://freelancefolder.com/?p=759#comment-13923</guid>
		<description>Excellent article!!! I&#039;ve been freelance for over a year now and one thing that I always tell people when they ask about freelancing is the importance of money management. If a freelancer is living hand to mouth, it can be extremely stressful and it also means that they don&#039;t have the freedom to turn down the &quot;bad gigs,&quot; let alone putting money into an IRA and planning for the future.</description>
		<content:encoded><![CDATA[<p>Excellent article!!! I&#8217;ve been freelance for over a year now and one thing that I always tell people when they ask about freelancing is the importance of money management. If a freelancer is living hand to mouth, it can be extremely stressful and it also means that they don&#8217;t have the freedom to turn down the &#8220;bad gigs,&#8221; let alone putting money into an IRA and planning for the future.</p>
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