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For Independent Professionals
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Increasing revenue is a common goal for many independent consultants. Having a stable base of monthly income is great but building on that success to truly achieve your financial goals is even better. In February, executive coach Melisa Liberman hosted a webinar where she outlined four steps to double your consulting revenue. Check out the…
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Volatility has become the norm in global markets and economies. In the U.S., the Federal Reserve is addressing inflation for the first time in over 20 years. The pandemic, war, and supply chain issues are some of the other factors keeping things in flux. In the workplace, companies and workers are responding in their own…
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Whether as an ongoing business model or for a specific project, independent professionals are forming teams. Our 2022 State of Independence report notes this growing trend: Over the past year 26% of Full-Time independents said they had teamed up with other independent workers or micro businesses, up from 19% in 2020 In the next year…
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There are endless benefits to working as a self-employed professional: freedom, flexibility, control over your work, the ability to pursue your passion, and the ability work from anywhere in the world, just to name a few. In 2022, 64.6 million people worked as independent professionals in the US, and that number is only expected to rise…
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Business books can be a great source of inspiration or much-needed guidance. Whether you’re just starting your independent career or you’re an experienced consultant, there is always something to learn. As you progress through this year, keep a book on hand for when you need to take a break, or tune into a podcast on…
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Have you ever dreamed of working from an exotic location in another country? Perhaps a sunny beach in Bali, the colorful streets of Portugal, or the skyscraping-city of Dubai. For many, this dream is a reality. From 2019 to 2022, the American workforce has seen a 131% increase in digital nomad growth. Digital Nomad Defined…
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As an independent professional, it can be easy to get caught up in the cycle of finding a client, completing a project, getting paid, and then repeating the process. While constantly being on the lookout for new projects and new clients comes with the territory of being an independent, if you find yourself starting from…
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While it’s been something of an open secret among independents that their work-style choice fosters the achievement of life goals, there is now empirical evidence that supports this. The events of the past few years have prompted many people to reexamine work in relation to other areas of their lives. As a result, the quest…
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Figuring out your billing rate can greatly impact the ability to build your business. Ideally, you will arrive at an amount at the intersection of the income you need, the market value of your services, and the value you provide a client. Once you calculate your billing rate, you need to decide how to bill—that…
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What is scope creep? Scope creep occurs when a client adds new provisions, tasks, or deliverables to a project that are outside of an existing scope of work. These unforeseen changes can lead to missed deadlines, financial losses, increased timelines and budgets, and client dissatisfaction. When deliverables are not clearly defined, stakeholders are not involved…
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