As a freelancer, it is easy to get stuck in the rut and believe that you have to be the one who does everything. However, being the one who performs all the work limits the time you can actually spend building a successful business.

Do you want to be successful?

Then you have to understand how to build a business rather than just having a series of projects. To build a business you need systems.

Part of building systems is learning to:

Adopt the right mindset

If you want to grow a business, the very first step is to have the right mindset. If you maintain the mindset of a freelancer which is project based rather than system based, then building a business will be a foreign concept to you. To adopt the right mindset, you need to adopt the business mindset. There are many books published that tells you how to build a successful business using systems. The most important thing you will need to learn here is that building a successful business involves systems.

Plan

You need to have a plan about where you want to go. Do you just want to make few bucks or do you really want to build a successful lifestyle?

With a freelance business, if you stop working, you stop earning. Obviously, if this is as far as you want to go with your consulting projects, then this is fine. But from over ten years of consulting, I have learned most business owners want more. They want success and financial freedom and are always concerned about ways to achieve it.

Financial freedom is not a random act but needs to be planned. Determine where you want your successful business to be in three years. And develop steps to achieve that plan.

Delegate

If you are stuck in the routine of accepting, completing and then moving on the next project, there is good news for you. Delegation is a very effective way of assigning routine tasks while you focus on the tasks that only you can do to build your freelance business. In the beginning delegation seems to cost more money. But the key is to focus on the long term goal which is your success and financial independence. When you delegate, you always have something going on as you are already looking for the next client while your employee/ contractor is working on your current project.

You can also delegate your client acquisition system by using referrals to build your client base. Of course you will need to provide exceptional service for this to be successful.

Moreover, you can delegate your customer service/ follow-up process to an online administration service. You can even delegate your blogging to guest bloggers.

When you delegate the essential parts of your business system, you can take extended vacations and still bring in income. When you can walk away from your business from a period of time you are beginning to achieve success and financial freedom,

Delegation is a necessary pre-requisite to growth. You risks becoming irrelevant if you do not delegate. We all know technology changes and if you are too busy working on projects, you have less time to work on your skills and stay relevant in your field.

Automate:

Nowadays, there are so many technologies out there than can help automate parts of your successful business.

You can use auto responders to improve your customer service. Auto responders can be your first course of response to let your client know you received their request and will get to them within 24 hours.

Another useful automation tool is project management software called basecamp. We all know that sometimes the meaning of a word is sometimes lost in the translation when communicated through email.

With basecamp every aspect of your project is kept on one page: All correspondence, to do list, revision drafts, etc. are all kept in the same place. At any time, any team member or client can see what is going on with the project. I think this is cool as it is such a big time saver. It cuts down the amount of time you spend on emails by half.

Using basecamp increases business success with your client management system.

Build passive income:

In honesty, I hate this term passive income as there is a lot of confusion as to what passive income really is. Some people see passive income as a lazy way of building successful businesses on the internet. However, there is no lazy way out. What most people call passive income is really hours of upstart sweat equity which finally produces cash flow over an extended period of time? We do not see behind the curtains of most successful entrepreneurs hence we do not see all the hard work that went on behind the scenes. Most people want the results without the sacrifice.

With that said, using passive income sources like affiliate marketing, product sales or digital products, can boost your income by providing a consistent stream of income. This in turn contributes to your success and financial independence.

In this way your income is not tied strictly to your clients. This gives you more choice as to what type of clients you will like to work with.

Understand your numbers:

This is the topic no one likes to talk about. Most freelancers believe that as long as you are making enough money, the financial details are not relevant to your successful business. Think of your car, and think how long it will actually run if no maintenance was ever done. Your car will not run very long. A business is the same way; you need to perform regular checks to make sure all parts are still functioning efficiently.

Until you learn to look under the hood of your business, you cannot really succeed. It is when you begin to understand how the numbers work in your business that you begin to see patterns that can propel you to the next level. Understanding your financial statements and knowing how to use it to project into the future is paramount to business success.

Are you a freelancer, website designer or consultant? Do you want to build a successful business? Then take the time and read this information and respond to this post with one action you will take to move from being a freelancer to actually owning a successful business.

This article will show you how you can start your own management consulting firm as an entrepreneur. Management consulting is a growing field, where you come in to a business with outside experience as a manager, survey the business and provide recommendations as to how the business needs to change its management structure. Read on to find out how you can start your own management consultancy.

If you have previous management experience, or you are a very avid student of management, this may be the right business for you to start. There are many businesses out there with fairly “green” managers that have come up through the ranks, but don’t have any formal training.

An organization is at the mercy of its management. If the managers are weak, lack in motivating or empowering employees, or they don’t understand the vision of the company, that organization may be in serious trouble.

As a management consultant, you will perform evaluations, observations of employees, look at overall structures of management, and finally give recommendations in multiple areas that require change.

You may need to tape record interviews with employees so that you can take notes later, and you will need enough management experience of some kind under your belt so that you can provide sound advice.

To get this business started you will need a computer, telephone, basic contracts and non-disclosure agreements. It is recommended that you start locally near your home, but ultimately this will be a business requires extensive travel as you visit businesses all over the world that need advice. As you get more clients you can expand your business to include multiple auditors that provide a company-branded report back to the client.

Comparing Successful Internet Marketing Systems – Expert Tips
 
If you are researching and evaluating the multiple options available to you to build your own home-based internet marketing business, it is imperative that you identify the quality characteristics of the options available to you. 

In this article, a headline review will be given on two of the most respected internet marketing products available today. Both of these products are geared, structured and sold to enable the home-based internet entrepreneur to make money online. This comparison review features YourNetBiz, a premium and multi-layered product package and that of Maverick Money Makers, an exclusive coaching club geared towards affiliate marketing.

Firstly pricing of these internet marketing products is recognized as being at opposite ends of the pricing scale. There are, naturally, specific benefits of each of these product systems which enable the internet marketing entrepreneur to select an appropriate system to match their needs and budget. The Maverick programme is available for a monthly fee of around £40 and for this you have access to a comprehensive training and tutorial library, multiple suggestions, recommendations for affiliate marketing and regular email updates from Mack Micheals, the founder. Once you have purchased the monthly access to the marketing system, you immediately sign up to become an affiliate and can generate a recurring monthly fee for every new membership that you successfully convert. 

The YourNetBiz system is significantly more comprehensive and has four internet marketing product packages ranging in price from around £300 to £1800 one time payment. In addition to this one time payment, you will be required to set up a monthly paid account with a hosting and payment management system. These combined costs can be as low as £20 per month, or double that for premium services. 

The core offer of both of these internet marketing systems is training and practical learning about how to make money online.  Within the Maverick programme, there are literally hundreds of hours of training tutorials, recorded both in audio and video. There is a 24 hour live customer support line enabling issues to be dealt with on an immediate basis. This system provides a very sound initial introduction into the world of internet marketing and how to make money online. 

The YourNetBiz internet marketing system is also prolific in its provision of training materials and resources. One significant difference to acknowledge is that the YourNetBiz product suite is sold directly by existing members who then act as mentors, coaches and training guides to ensure that new members quickly learn the strategies of internet marketing and how to make money online. Within the YourNetBiz premium package, members have access to an exclusive and world-class travel club providing vacation solutions to destinations around the world. 

One additional differentiator is that the YourNetBiz product system has pre-selected a range of digital, informational and personal development products which are exclusively available to all members for retail either as affiliate resale rights, arrangements or private label rights for personal branding. 

Perhaps the most significant difference between Maverick Money Makers and YourNetBiz is the earnings potential and commission structure which relates to the sale of YourNetBiz product packages. As the unit volume required to make a significant income with Maverick is extremely high, so it will take a considerable amount of planning, preparation and effort to generate a sizeable monthly income. With the YourNetBiz package, as the unit values for the premium products are higher, so the commissions earned per sale range between £200 and £1200 depending upon product level. So for successful internet marketing entrepreneurs who can convert sales of the YourNetBiz product suite, the monthly earnings can quickly grow to exciting levels. 

Good luck in your considerations. 

To your success.