Are You Doing Business Or Just Being Busy?

Business women generate cash in their business. In fact, to stay in business generating a cash flow is necessary. Sure, it’s necessary to think positive about you and your business and charge the right prices. But the bottom line is that to operate a sustainable business you must know how to earn profit.

If you are not generating cash profits, you are operating a non-profit organization – and that is not what a real business woman wants to do.

As an entrepreneur, you have to know how to conduct a business. It takes time, planning, and knowledge to get the business started in the right direction.

A business woman needs to put certain systems in place along with other required business elements. But once you know these basics, you can develop your business.

So are you developing a real business? Let’s be honest; it’s possible that what you do everyday is not really a business. Maybe you’re great at the technical part of what you know – gardening, designing a website, bookkeeping, etc. – but you find you’re not attracting clients and making money.

You certainly intend to be in business, but the reality is that you might only be doing busy work. That’s why you start and stop new projects every few weeks and see few results.

The truth is, it might not be your fault. Really smart, dedicated people fall into the trap of thinking creating a business and especially creating on online will be a fast easy fix to financial woes. That comes from reading so much of the hype that’s out there about what it takes to do Internet business.  And that hype if simply not true.

Business experts say that one in five businesses will fail within just a few years of starting. The actual numbers are probably quite a lot higher. You don’t want to fail. You want to succeed. When you know the top reasons why entrepreneurs fail, you can better prepare your business for years of success.

I’m going to be sharing some of the top reasons why entrepreneurial ventures fail on a regular basis next time.

What Freelance Focus is for You?

Do you have trouble trying to narrow down what you’ll do as a freelancer? I’ll share that it literally took me years to really know how ot narrow a topic.  One reason was that I was trying to bring my vast years of experience to the Internet after working in a regular offline world for decades.

 

Internet marketing is very narrow. It’s worse than trying to write a paper in the dissertation world (If any of you have tried that).  I can be successfully done but a lot of the work is focusing, narrowing the topic and narrowing again.

 

I think it could be worthwhile to run a mini-series here on the blog on how to look for a niche in freelancing if you’re confused. This will be great if you’re going to take my “How to Get Started in Freelancing” class that starts August 11.  I’m going to run that class probably every other month for the rest of the year. 

 

I get lots of requests to help small business people and freelancers to get started, so this will be of help.

 

I’ll break it down into tips.

 

So tip #1:

List out what you love to do. Note I didn’t say, what you already do, want to do, or should do. I said “Love to do.”

 

If you’re starting in freelancing you have the opportunity to explore using the talents, experiences, hobbies, or background, that you might have put aside while you do your regular job.

 

Dust off those shelved dreams and take a fresh look at them.  What would you love to do everyday of your life if you could?

 

While considering that, think about what it would be like to take that love and turn it into a business. I’ve known lots of people who decide to take what they love and turn it into a business only to find out that the business side took the joy out of it. 

 

But worry about that tomorrow.  Just make the list today.

 

You will need to put the idea through some filters anyway to see the feasibility of turning it into a business. Right now, go brainstorm and have some fun while you’re at it.

Keyword Research Site

Are you looking for keywords to help with your niche site?  Need keywords to do some freelance writing, blog or web posts? Here’s a great keyword reseach site and it’s free to use.  It provides cross links to words related to your keyword.  You’ll start generating all kinds of ideas just by playing around at this site.

Browse the Keyword Map of Freelancerscoaching.com

 

 http://www.kwbrowse.com/

Freelance Work Site for Technical Freelancers

Here’s another good site for freelancers to check out online if you’re into the technical side of the Internet.  It’s http://www.scriptlance.com/.  There’s no sign-up fee if your are a freelancer.  The only payment is 5% commission on your finished project. 

Go to the site and see the extensive list of projects needs.  If you’re technical at all, you might be able to get a start wtih some projects at this site. 

Finding a Freelance Job

The good thing about freelancing is that its’ a well needed occupation.  No matter what your area of specialty, you can be effective as a freelancer. As the economy gets worse the opportunities for freelancers gets better. 

The reason?  Layoffs. Unfortunately, when the economy is bad the first thing to start going are jobs.  Salaries are the largest expense item on any business budget. So to save money, the people who do the jobs necessary to run a business are cut.  This means the business needs to look for freelances to do the jobs without having the burden of a full-time employee. 

So where are all of these job opportunities hiding? Finding freelance opportunities can be done online or off.  Using the Internet means having easy access to quality freelance opportunities, but this method could also lead to scams. It can also put freelancers in an awkward position of facing potential clients who want a lot of great work out of you without paying you proper feels. 

This means needing to know how to protect yourself.  The next series of blog posts will give some important tips for you to consider when seeking a freelance opportunity online.