Freelance Cake
The 4 Stages of Freelancing Explained | Part 2
Jan 12, 2024
The podcast explores the last two stages of freelancing: Lifestyler and Diversifier. It discusses the motivations, challenges, mistakes, and questions at each stage, as well as the key breakthroughs and financial goals. It helps freelancers figure out where they are in their journey and what to focus on next. It also explores the concept of diversification in freelancing, including creating non-service revenue and career progressions.
21:10
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Quick takeaways
- Freelancers should focus on finding ways to make the same or more income in less time and creating a healthier mindset around work and life balance.
- Diversifiers should aim to have less dense calendars, more unclaimed time, and a focus on impact and creative fulfillment by diversifying income streams and embracing experimentation and learning from mistakes.
Deep dives
Transitioning from Hustler to Lifestyle Freelancer
The podcast discusses the challenges and transitions that freelancers face as they progress from being hustlers to lifestyle freelancers. It emphasizes the need for better leverage, work-life harmony, and avoiding burnout. The main insight is that freelancers often find themselves trapped in a cycle of taking on projects, getting paid, and repeating the process, which can lead to feelings of being stuck. The podcast suggests that lifestyle freelancers should focus on finding ways to make the same or more income in less time, diversifying income streams, and creating a healthier mindset around work and life balance.
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