Panel:

Reuven Lerner
Kai Davis

In this episode of the Freelancers’ Show, the panelists discuss common mistakes that they have made in their freelancing and consulting history to help you learn from their mistakes. They talk about mistakes when it comes to raising rates, hiring employees, having a home office or not, and much more and how you can avoid them in the future. They also stress the fact that communication is key when it comes to keeping a health client relationship.

In particular, we dive pretty deep on: 

Common foibles
When raising rates, make sure to give your clients some advanced notice
Want to make sure you don’t ruin your relationship with your client
Put yourself in the client’s shoes
How to properly raise your rates
Communication is key
Don’t get caught up in the illusion that you must hire other people to succeed
Don’t discount your ability to sell yourself
Only hire on an hourly basis not a full-time basis
Don’t be afraid to fire people if you have to in order to survive as a business
Hire people as sub-contractors
Having an office outside of the house pros and cons
Importance of having a separation of spaces in a home office
The importance of following up with past clients to see if they have new needs
Value-based follow-up
Always start with a contract!
You will be scammed by people in your career
And much, much more!

 Picks:

Reuven

The Daily podcast

Kai

Apple Home Pod