My 8 Step Guide to Create and Scale Your Upwork Freelance Business
So you want to join the freelance economy and create a business that funds your lifestyle?
Note, that I am not a financial advisor or accountant. These are simply the tools and strategies I’ve used. Speak to a formal accountant, lawyer, or certified financial advisor for professional advice.
Why consider freelance in the first place?
Context I created my freelance business in April 2022 and am in the midst of growing it. I was initially intrigued because a colleague of mine (who works in sales automation) went from $30 to $250 an hour in 5 months (AKA $500k a year. Nuts).
The other massive benefit — it can fund your lifestyle. New laptop, gas mileage, restaurants, hotels, flights, insurance, phone, anything that’s a “business expense.” So you get paid to live your life.
All the upside of being a business owner — acquiring dozens of skills, and the upside of an employee — getting really good at a few things, without the downsides: not tied to a single employer, and without the risk of actually starting a business.
Some skills you develop in freelance that employees (generally) otherwise wouldn’t (directly):