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Maintain Balance: The 10% Rule for Clients
Adhere to the 10% rule by limiting any client to no more than 10% of your time and income, ensuring a balanced workload and financial stability. Aim for clients valued between $1,000 to $10,000 to avoid administrative burdens while maximizing revenue potential. A diversified client base is essential; mold your services into productized offerings that target specific problems or outcomes, which facilitates efficient project management and income generation. This strategy not only promotes sustainability in freelancing but also prevents dependency on a single client, fostering a more stable business landscape.