Categories
Digital Millionaires Freedom Online Business

Shortcuts to Working Less and Earning More

Shortcuts to Working Less and Earning More

In the 21st century, there is no shortage of ways to optimize earning while minimizing expenditure. There are many options available to online business owners. “Work smarter, not harder” is the mantra of many successful entrepreneurs, and it has a very specific application to online businesses.


Automate Your Workload

One of the best shortcuts to free up your time is to make use of automation tools. You can automate your social media posting and reputation monitoring, link building and analysis, meetings and appointments, marketing efforts, email lists, sales, and customer support. If you find yourself stressed out over the amount of work you have to do, consider that there is an automation tool available for it.


Outsource

Every person has unique strengths and weaknesses. There are some things you are going to hate doing, and some things that you will enjoy. This means that you can hire people to do the things that they love to do, but you hate. Freelancers and outsourcing agencies are available and they can massively assist in reducing your workload.


Hire a Virtual Assistant

A virtual assistant is a low-cost freelancer that completes all the jobs you need to get done such as data entry, meeting scheduling, emails and so on. You can hire them on an hourly basis to complete simple tasks. Finding the right one might take a while, but it can definitely turn out to be a shortcut to success in the long-term.


Collaborations and Networking

Connecting with people in your field is a quick route to growing your business. You can promote each other’s products and services. By leveraging the power of multiple platforms, you will be able to grow far faster compared to doing it alone. You can also network with people face to face. There is a growing number of digital nomad hubs across the globe, and you might find a group of them living near you.


Schedule Some Down Time

Rest and relaxation are vital and are a necessity to ensure success. One of the reasons you are creating an online business is to enjoy the benefits that it has to offer, such as flexibility and enjoyment. So make sure you take at least one day a week where you don’t do anything work-related. You can them come back to work on Monday morning completely refreshed and will see things from a clear perspective. Working too hard will not benefit you or your brand.

Categories
Digital Millionaires Freedom Online Business

3 Reasons to Exclusively Use Freelancers for All Business Projects

3 Reasons to Exclusively Use Freelancers for All Business Projects
With the rise of the freelance economy, the traditional model of hiring long-term employees has been disrupted. While some might argue that in house employees can have their benefits, these do not stack up compared to making intense use of freelancers. Freelancers are an underutilized resource and come with significant advantages.

1 – Less Red Tape

One of the benefits of using freelancers is that you can hire them for short-term contracts. This means that you don’t have to go through all the hassle of interviewing a potential employee. Sites such as UpWork showcases the skills of freelancers who will have a long list of reviews and will be given a rating score by the platform. You can filter for the quality of a freelancer and pay exactly what you want to get the job done. Using freelancers is a very easy and safe process, with the typical payment escrow system in place. There is no need to take care of employee insurance, payroll, insurance, or legal issues. The freelancing platform takes care of it all and you are not the employer of the freelancers.

2 – Find The Exact Skills You Need

When you hire a permanent employee, you are hiring one person with a generic skill set. But an online business often changes and needs different tasks completed. For example, you can find a freelance writer with experience in writing about search engine optimization or short term loans. Or a software developer that specializes in WordPress. You simply hire them for the job that they are proven to be effective at. They do the job, and both parties go their separate ways upon completion.

3 – Far More Cost Effective

For a number of reasons, using freelancers is more cost effective. The money you pay is going to get you exactly what you want. If not, mediation services are provided for issues in dispute and negative feedback is a serious consequence for freelancers who do not complete the task as specified in the initial contract. Because you are only hiring the freelancers for a one-time project, you do not have to take care of additional expenses. You also don’t have to hire them for a whole year with a fixed wage, regardless of the income of your business. Another benefit is that the freelancer can work on the project while you sleep, as they are located in different time zones across the world. All in all, freelancers are simply a cheaper and more efficient way of getting business projects completed