Moving from self-employed to business owner

  • By The Alchemist About Town
  • 19 Aug, 2016

People stuff

OK , you have made the leap from employed to self-employed and now you are have realised that there aren't a lot of options for moving forward: you can increase your rates or land bigger and better clients. But as long as you are "self-employed," your path can be limited.

As a freelancer/consultant/self-employed person , income is pretty much directly proportional to the time spent working. The more time worked, the more you can make, and there it goes the work-life balance that perhaps was one of the reasons why you wanted to work for yourself in the first place.

Instead of thinking you are on your own, if you only start thinking of yourself as small business owner/entrepreneur, the opportunities available boom.

Doing so gives you leverage to start earning a lot more money, dreaming a lot bigger, and most importantly, helping to bring bigger/better service/s to your customers.

Running a business means creating services and products that don’t require direct input.

The business is scalable and has intrinsic value. Freelancing/consulting etc. is trading time for money. As a business owner you can earn income without necessarily increasing the amount of time you spend earning it.

So, how do you do that?

1. Schedule time for business development

Spend a regular proportion of your time building your business until it can replace your freelancing income.

At first your time might be spent on figuring out what kind of business to build researching into how to market services in a more focused way, and maximise the potential of the network of contacts and colleagues, without taking advantage of them.

Research the market well and offer an attractive overall package to prospective clients.

2. Automate

Many skills/services can be automated into products that people are willing to pay a subscription to use.

3. Hire people to leverage your time

A self-employed person working alone must do everything from high-value to low-value activities ( i.e. using your main skills to doing admin) .Freelancers can leverage their time by hiring help for lower-value tasks. The booming virtual assistant industry makes this cheaper and easier than ever before.

If you can start to use one or all these 3 methods you can then the start to enjoy the benefits of multiplying your income without multiplying the time you spend working.


Attractive, non?

The People Alchemist Blog

By The Alchemist About Town 22 Sep, 2017
I am so utterly delighted that my book is now out, available to order both on paperback and on Kindle edition just in time for Business Women's Day - YES!!!!!! :-) 

STOP IT! It's all in your head   is my labour of love and my way to encourage, inspire and empower women to achieve what they want professionally and not be confined by societal, religious, family paradigms of what " women should do/are like" and, most importantly, the restrictions in their head.
If that is being CEO of a Global Company or a stay-at-mum or Director of Paperclip ( whatever grabs your fancy) so be it.

Writing this book was also a personal challenge ( the 30 days thingy) which confirmed to me once and for all that you can really do whatever you set your mind to, if you really want to that is.

Couple of tips for writing a book from me:
  • write about what you are passionate about, you know more than you think.
  • free-write about the parts/chapters in the book you like the most and you are most interested in first - that will give you a great boost at the beginning - you can edit and add the boring bits later - by then most of the book will be almost there
  • keep your own voice - write as you speak so to speak ( people do need to understand you though..)
  • keep an open mind, ideas will flow into you mid-way through the project
  • a deadline and going public is good to beat procrastination ( but if that stresses you out too much don't do it) - the deadline certainly helped me.
You can do it too!!!

If anyone would like to be part of the book launch, the event is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it- I hope to meet you soon, in person or through the pages of my book.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



By The Alchemist About Town 19 Sep, 2017
The time is getting closer and closer to the release of   STOP IT, It's all in your head   my new book ( 22 September for Business Women's Day - US) .

I have now  received the proof copy of the paperback which looks absolutely fabulous: a couple of things to correct but overall I am super happy with the result.
A lot of marketing to do now between Facebook, Twitter, Instagram and Google+ ( which is PS: looking like more work than the actual writing of the book).

The book event/launch/talk is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



More Posts
Share by: