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Consulting Blog
March, 1 2010
Freelance Accounting: How Pro Bono Work Adds UpPosted by Liz GreeneIt may sound counter-intuitive that you can make money becoming a consultant by working for free, but sometimes, truth is stranger than fiction! This gem from our secrets of consulting vault is called pro bono work, and if applied correctly for your freelance career, it can be a powerful business development approach.
Pro bono means “for the [public] good,” but can be good for you too, and may be one of the most underutilized consulting strategies.
Pro bono consulting or freelancing gives you an opportunity to grow your network, learn new skills, build social currency, project a brand of social responsibility and philanthropy, and build a portfolio. Successful completion means you can get testimonial quotes, publish a caseFreelance Accounting: Pro Bono Adds Up study, and possibly even issue press releases about the projects you’re doing for free. You may also be able to “test drive” a new skill that you aren’t yet comfortable charging for – no one wants to make a paid client a guinea pig.
This is a great thing to do during a recession (or jobless recovery, for that matter) if you aren’t utilizing all your available consulting or freelancing hours, or if you've been laid off and are looking to start a consulting firm. Plus, a blank resume, portfolio, or CV is the kiss of death in this economy – it makes you look useless and like you can’t find good things to do with your time. If you want to seem like you're a freelance success, doing pro bono consulting project work can help you keep a full historical accounting of what you’ve been up to.
Is Pro Bono Work Right For You?
Ask yourself a few questions:
If you’ve answered “no” to any of these questions, what are you waiting for?
Go get some pro bono projects. You’ll learn a lot, challenge yourself, keep your spirits up, and end up more marketable as a freelancer. It isn’t too hard to get a happy client when they’ve received your valuable talents for a price they could never afford.
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John from Long Island at 03/02/2010 08:55:13
Hey,
Great article.
John