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Note the yellow balloon on the cactus (or whatever that is) in the back — a subtle joke that any freelance business is both inflated by our passionate optimism and fragile, just as all humans are ❤️
This article about freelance pricing argues that the so-called “double thank you” test (when both parties of the business transaction thank each other in the end) is relevant for evaluating freelance pricing. But unfortunately, it is not — due to cultural differences.
In many countries, including some in Europe, we may politely thank a provider, even if we are not satisfied with their service (it can be dubbed a “thanks and bye” approach). A real affirmation would be only when the customer buys again. In other words, “double thank you” is not a reliable indicator in freelance pricing.
Here’s a question for you:
What does your typical freelance workday look like, and how many hours a day do you work?
Thanks for the unforgettable 2nd year! ✌
Thanos Kagkalos aka MotionPunk is the best European motion designer we’ve seen… like ever! He is a freelance 3D artist/motion design director based in Athens, Greece. Check out his website or this 11-second motion graphics video:
Skynova surveyed 397 freelancers and 508 traditional employees to compare and contrast their work lives. On Big Five Personality Test, freelancers tend to be more extroverted, open, agreeable, and less neurotic than employees. You can read the highlights in their report Top Personality Traits of the Most Successful Freelancers — or Elaine Pofeldt’s summary on Forbes.
“The two most attractive aspects of freelance work were deemed to be autonomy and flexibility. Freelancers work for who they want and where they want, which is a huge perk for many. A lot tended to work weekends too and didn't really mind — a more relaxed work environment presents itself when a significant portion of the world is out of the office.”
Our take: Countless successful freelancers are quite introverted, so take this finding with a grain of salt. The business universe is so diverse, and there are such vast differences between industries that being an extrovert is no guarantee for success. Other things usually matter more: competence, business know-how and contacts, diligence, work ethics, hard work, professionalism, or luck.
If you’re young (20-35 years old) and don’t mind some US-specific financial advice, then I Will Teach You to Be Rich book and blog by Ramit Sethi will teach you a thing or two about personal finance. The book is partially outdated (written before the crypto and fintech revolution), but still offers some solid guidance for youngsters on how to manage finance and grow wealth.
Once in a while, independent professionals change the world (journalists, for example). But once in a lifetime, a bunch of freelancers may even help to change the world order. That seems to be the case with the chain of events described in Bill Browder’s new book Freezing Order — a bombshell story of upsetting Putin’s regime to a breaking point with the West.
Chance plays a major role in business, and David Perell explains how to maximize serendipity as an independent professional in a freewheeling article. These are the highlights:
Many freelancers and influencers in the creator economy are not working directly for clients. They are atypical independent professionals. Some seek a different kind of funding or income, which is an obscure and sensitive topic. Respected blog Arm the Creators offers a comprehensive overview in an insightful article titled How to Invest in Creators?