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3 Things to Consider Before Quitting Your Day Job

3 Things to Consider Before Quitting Your Day JobBy Angie Nelson

If you are trying to get your own business off the ground while still working away at a regular nine-to-five job, you’ll no doubt be desperate to quit your day job as soon as possible. While it can be extremely tempting to get focused entirely on your new business, quitting your day job at the right time is absolutely essential. Many people make the grave mistake of leaving too early, prompted by unrealistic optimism or a reckless willingness to take a major risk. Before you do decide to quit your day job and commit yourself fully to your own business venture, however, you should consider the following factors.

Your Responsibilities.

If you are living on your own, single and without children, then you are already better equipped to leave your regular job and make a full commitment to jumpstarting your own business than someone who has to worry about family and other major responsibilities. At least if you only have to worry about yourself, then you can take somewhat more of a risk. Also, the amount of money you will need to have saved up in case things don’t work out as quickly or as well as you would like is not as great. (more…)

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How to Make Money Freelancing Online, Even Without Experience

Make Money Freelancing Online, Even Without ExperienceBy Danny Margulies

A couple of years ago I quit my job abruptly and decided to work at home.

My plan? To become a freelance copywriter and make money using Elance, a popular online freelancing platform where hundreds of jobs are posted each day.

Taking advantage of a freelancing platform like Elance seemed a no-brainer to me, because real, paying clients were already there, looking to hire someone who could help them.

That meant I didn’t have to go out and find work, which is the hardest part, especially when you’re just starting out…

Instead of goofing around with cold calling, networking, and marketing myself online (not to mention good ol’ fashioned prayer), I could just start applying to jobs that very same day.

Which is exactly what I did. And I’ve never looked back! I’ve been able to pay the bills and then some with my Elance income since day-one.

Check out my earnings to date:

And given that I started with no formal experience or training whatsoever, I think that earning money on sites like Elance is something that just about anyone can do. (more…)

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How to Be Fairly Paid as a Freelancer

How to Be Fairly Paid as a FreelancerBy Yohana Petrovic

Has the siren call of the flexibility and autonomy of a freelancer’s life gotten to you? If it has, and if you have already ventured into those rough but exciting waters that make up a freelancer’s journey, you now know how easy it is to underbid yourself just so that you can get a contract – just so that you can make that next small paycheck. More often than not this feels like the only way. After all, the market is competitive. There are probably ten other people out there that look just as attractive to potential clients/employers on paper as you do. If you are just now looking into becoming a freelance writer you might think that the best way to break into the market and establish a reputation for yourself is by underbidding everyone else so that you can get a contract or win over a client.

Please don’t sell yourself short! Just don’t do it! It really isn’t worth it. When you try to sell your services for less than what everyone else is selling theirs for, you are just shooting yourself in the foot. How, you might ask? After all, you could get the contract, right? Isn’t that all you want? No. Absolutely not. You do want to get a contract (or a client), yes, but you only want to get a client (or contract, or project) that will be beneficial for you. (more…)

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Reach Out and Help Someone Through Your ‘Encore’ Career

An increasing number of workers in their 50s and 60s are eschewing the idea of retirement in favor of pursuing a career that offers them not just the lifestyle they want, but more in the way of community focus, too.By Mark Feffer

Are you thinking the time has come to make a change, to get off the corporate treadmill and go to work doing something you love, with a chance to give back to the community? You’re not alone. An increasing number of workers in their 50s and 60s are eschewing the idea of retirement in favor of pursuing a career that offers them not just the lifestyle they want, but more in the way of community focus, too.

More than 4.5 million people between the ages of 50 and 70 are already working in such “encore careers,” according to a study by Encore.org and the researcher Penn Schoen Berland. Twenty one million more plan to follow a similar path.

For many, the ideal job involves flexibility, a way to leverage the work they’ve done during their professional lives so far, and the ability to work from home. Some people prefer to work largely on their own, while others want to be part of a formal organization. Fortunately, there are options for both.

Coaching.

If you’re self-motivated, like working with others one-on-one, and think there’s a lot to be said for helping people succeed, you might want to consider becoming a coach. (more…)

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Tips To Becoming A Successful Freelance Writer

Tips To Becoming A Successful Freelance WriterBy Gary Dek

So you like to write, and you’ve been hearing so much about people quitting their day jobs and making a living off of freelancing. Why can’t you be one as well? You already know you can write and that you love doing it, so what’s stopping you?

Truth to be told, there’s nothing to stop you from taking the plunge. You can even make the transition slowly – first doing it on the side before ditching your day job. However, what you need to hedge against is that when you do decide to go the freelance writing route, you are equipped to become a successful freelance writer.

Just like any career, there are certain considerations and industry practices that you need to know. Here are some of the best tips to becoming a freelance writer.

Determine if the freelance writing life is right for you.

Freelance writers are often perceived as “living the life”. They answer to no one but themselves, control their time, and work whenever they want to.

To a certain degree, this is accurate but just because you’re a freelancer doesn’t mean you don’t need to be disciplined, organized, and follow a routine. The best freelance writers have very strong self-control. They treat the time between 9 and 5 as their work hours and ignore the plethora of distraction present at home. (more…)

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