You need to quantify how you're spending your time, because time is what you're…selling and you only have so much of it.…Doing so helps you measure your efficiency and it shows your clients where…their money is going.…I'll often track time for myself when I'm doing something unfamiliar so that…I'll be able to estimate work based on that new skill.…I'll track time for clients when they've hired me by the hour.…Even if they're paying me by the project though, I'll sometimes track my hours…for a while, just to be sure that the project will finish on time.…
The main tool for tracking time is of course a timer.…You don't need anything fancy, and in fact I usually measure my time simply by…glancing up at my computer's clock when I start and stop work.…I do use a timer for some things though;…for example, to see exactly how long it will take me to walkthrough a presentation.…It's worth learning to use the timer that's probably already in your phone.…The important thing is that you're absolutely religious about using your timer device;…
Author
Updated
3/20/2013Released
1/30/2013A bonus chapter covers common questions freelancers have when entering the field.
- What is freelancing?
- Defining your career goals
- Funding your startup
- Getting licenses, permits, and insurance
- Setting prices
- Finding work through agencies
- Getting referrals
- Working with time and project management tools
- Increasing your rates
Skill Level Beginner
Duration
Views
Q: This course was updated on 3/20/2013. What changed?
A: We added a bonus chapter that covers common questions freelancers have when entering the field, such as "How do I use Craigslist or other job boards to grow my freelance business?" and "How do I find clients?"
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Introduction
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Welcome1m 49s
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What is freelancing?2m 53s
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Preparing your mindset3m 31s
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1. Making Plans
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Defining career goals2m 48s
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Sharpening your market focus3m 18s
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Transitioning to freelancing3m 18s
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2. Marshaling Resources
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Preparing your portfolio3m 11s
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Estimating costs3m 10s
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Funding your startup2m 42s
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Establishing your workspace3m 35s
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3. Satisfying Requirements
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Creating contracts4m 23s
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4. Handling Money
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Setting prices3m 13s
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Establishing payment systems1m 36s
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Invoicing and getting paid3m 50s
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Keeping the books2m 32s
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Managing taxes1m 43s
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5. Getting Clients
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Announcing your availability3m 16s
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Onboarding clients2m 59s
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Avoiding scams3m 25s
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Choosing assignments2m 59s
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6. Doing the Work
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Interacting with clients2m 11s
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Delivering quality work2m 28s
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Losing and firing clients4m 14s
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7. Managing Time
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Deconstructing big jobs3m 34s
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Creating schedules2m 30s
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8. Keeping the Business Healthy
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Staying motivated3m 3s
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Increasing your rates2m 52s
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Building passive income3m 48s
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Changing focus3m 57s
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Conclusion
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Next steps2m 5s
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10. Bonus Chapter: Q&A on Freelancing
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Freelancing Q&A12m 42s
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Video: Adopting time-management tools