Common Problems Faced By New Freelancers

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COMMON PROBLEMS FACED BY NEW FREELANCERS
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goHyP is an online marketplace that connects
business owners with professionals. The website
is a platform for all professional individuals to
find freelance projects purely based on the
talent and skill set. We provides solutions to
connect professionals to potential employers on a
need basis. Businesses can now focus on their
core activities and professionals engaged from
goHyP with right qualifications, experience and
skill will be able to manage the one time
requirement.
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COMMON PROBLEMS FACED BY NEW FREELANCERS
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Dealing With Different Currencies
Dealing with multiple clients could mean dealing
with foreign currencies as well. When doing
freelance jobs, the U.S dollar is accepted as a
transaction constant worldwide. This is something
you can take advantage of depending on the
location where you are based. However, since
there is financial instability in the nations
across the world it is important to keep a close
eye on currency rates. Solution To tackle this
issue, simply deal with your local currency, and
offer the value of the project will be in both
the local currency as well as USD.
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Time Zone Issues
The nature of freelancing itself allows you to
connect with clients all over the globe. Although
it also means that you might have to manage
clients overseas Solution A compromise. Its
really pointless to wake up at 4 in the morning
to discuss a project with your client. The
solution here is to find a common ground
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Managing Your Finances
Akin to small businesses, freelancing also
operates in waves of ups and downs. At times it
will rain money, other times youll be lucky to
get even a drop. Most veteran freelancers will
suggest that it is a good idea to keep some
back-up money during drier periods. Solution
Keep a keen eye on your incoming cash flow, and
dont get tempted to blow your money each time it
comes in.
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Being The Boss
Perhaps one of the most compelling reasons why
people choose freelancing is the fact that you
are your own boss. However, this can be a tiring
endeavour. Solution Try to be a jack of all
trades. As a freelancer, you have to be able to
deliver top quality work, manage financials and
client interaction, and you need to do this in an
efficient manner.
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