Challenges and Mindset Shifts of Freelancers

In this continuation of “The 4 Stages of Freelancing,” Austin L. Church explores the last two stages: Lifestyler and Diversifier. After they’ve navigated through the Moonlighter and Hustler phases, freelancers reach a level of maturity where challenges become more complex. Meanwhile, opportunities for growth and personal fulfillment expand.

Austin highlights the motivations, challenges, mistakes, and questions at each stage, as well as the key breakthroughs and financial goals.

Are you a Lifestyler eager to earn the same or more while working less? Or are you a Diversifier interested in creating new revenue streams? 

Regardless, this episode will help you figure out where you currently are in your journey and what to focus on next. 

Key points

• Lifestylers overview (01:53)
• The motivations for Lifestylers (04:35)
• The mistakes for Lifestylers (05:27)
• The questions for Lifestylers (07:23)
• The main breakthrough for Lifestylers (7:56)
• The main financial goal for Lifestylers (08:16)
• Diversifiers overview (10:35)
• The motivations for Diversifiers (12:35)
• The challenges for Diversifiers (13:49)
• The questions for Diversifiers (17:07)
• The main breakthrough for Diversifiers (17:46)
• The main financial goal for Diversifiers (18:08)

Notable Quotes

• "We freelancers and consultants can get so fixated on winning the next project, staying ahead of bills, and achieving financial stability that we inadvertently become creative workaholics."
• "The last thing any freelancer should do, any consultant should do is blindly copy someone else."

Resources

• Listen to The 4 Stages of Freelancing Explained | Part 1
• Read the full post here
• Business Redesign Group Coaching Program
• $300K Flywheel for Freelancers & Consultants
• The Ladders of Wealth Creation: A Step-by-Step Roadmap to Building Wealth

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