Freelance to Founder

Former guest Jim asks if he should pay subcontractors by the hour. Hosts discuss shifting to value-based pricing, negotiating fixed project fees with subcontractors, optimizing cost estimates, financial management insights advocating for value-based payment, and pricing services for freelancers' growth.

Guest Nils discusses the pros and cons of hiring a virtual assistant as the first hire in a company. The hosts explore the strategic decision of hiring a VA, transitioning from side hustle to full-time freelance, delegating tasks, hiring specialists, navigating pricing and client relationships, and balancing personal and business branding.

I am joined by special guest co-host Austin Church on today's show.He is a very talented freelancer and the author of the new book, Free Money.It's all about growing your revenue as a freelancer, and we talked today about calculating your survival rate. That's the rate you need to stay in business as a freelancer. What's the minimum amount you need to make to stay in business? So, if you've wondered how to calculate that rate best, stay tuned for today's Q&A episode with Austin Church and me, Preston Lee. Here we go. Learn more about Austin's new book, Free Money. Sign up for Austin's free workshop, "Genius 5-minute freelancing hacks" To submit your question, visit FreelanceToFounder.com/ASK, and we'll feature you on an upcoming episode.Listen to our full-length coaching calls: http://freelancetofounder.comSupport our SponsorsOur generous sponsors make this show 100% free to you. Support them at the link below.https://freelancetofounder.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s show: What should you do when you’re not getting the kind of respect you deserve from your clients?That’s just one of many questions we got today from our guest, Cathal, calling in from Germany.A few times now, Cathal has been hired by a manager only to later have that manager’s team give him pushback once he gets to work.So, we work with him on a few ideas on how to get everyone on board with the outside help of a freelancer or agency.That and lots more questions are just ahead on THIS episode of Freelance to Founder. Here we go.This episode was originally aired on August 31st, 2023.PS: Get featured in an upcoming Q&A! Just visit http://freelancetofounder.com/ask and submit a question. Support our SponsorsOur generous sponsors make this show 100% free to you. Support them at the link below.https://freelancetofounder.com/sponsorsGet your own on-air coaching callWe'd love to feature your business and offer some free on-air advice for growing your business. To see if you're a good fit, click here.Leave us a review on Apple Podcasts:If you enjoy the show, can you do us a favor and leave us an honest rating and review on Apple Podcasts? We'll love you forever. Click here to leave a review.More Recommended Listening:This show is a part of the Podglomerate, a company that produces, distributes, and monetizes podcasts. We encourage you to visit the website and sign up for our newsletter.We suggest you also try other Podglomerate shows about entrepreneurship, business, and creativity, such as Rocketship.fm and Creative Elements. Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how to build a freelance network from scratch, with tips on networking strategies and leveraging friendships for business growth. Learn about an all-in-one collaboration platform for freelancers. Explore the importance of authenticity and online marketing in building strong relationships and attracting clients as a freelancer.

Discover the risks of relying solely on client referrals and the importance of a consistent client generation system. Get tips on building a predictable referral system and attracting clients effectively. Explore strategies for transitioning from freelancer to founder and optimizing client acquisition strategies for business growth.

Debate on agency status for solo freelancers, exploring team size dynamics and ethical considerations. Transition from small engaging team to larger business autonomy. Challenges of managing larger teams, empowering employees, and defining ideal team size for agencies.

Exploring the effectiveness of lead magnets in attracting clients, transitioning from 9 to 5 to grant consulting, flat monthly fee strategies, utilizing dot bio domains and LinkedIn Jobs for recruitment, AI collaboration for business growth, and building rapport through organizational health assessments.

In this episode, the hosts discuss the financial considerations of starting an agency, including savings goals and personal financial experiences. They explore a client retention strategy with a value-driven retreat and the costs of starting a creative agency. The conversation also covers the transition from freelancer to agency owner, highlighting the importance of monitoring expenses and investing wisely for sustainable growth.

Explore the importance of having a clear vision for business success, balancing strategy with family life, and leveraging social media for growth. Delve into the insights from Geno Wickman's books on business alignment and the necessity of aligning opportunities with the overarching vision for long-term success.