Many of us dream about being our boss, working the hours we want, and following the path we desire for our careers. And a growing number of people are doing just that, with the number of new start-up businesses and freelancers growing daily. But how can you become one of them and start your own freelance business?
Have an idea, product, or service
It might be obvious to say, but you need to have an idea, a product, or a service to offer that people will buy to begin to make money. For some, this might mean using an existing talent or skill, while others might look to take some training to learn a new one. Whatever the path you want to take, you need to know where you will make money, which means a product or a service.
You also need to do a bit of research about that idea to see if it is viable. Look at similar products or services and see if they sell. Is the market saturated, or can you offer something different to your competitors to create a niche? Is there a great demand for the service even if other people are showing it?
Setting up the business
Once you know what you will offer the customer, you must set up the business. This will include notification that you are going to be self-employed. There are two main paths to take when doing this – as a sole trader or an unincorporated business. You can also look to become a limited company.
Create a portfolio and an online presence
Once you have handled the legal stuff and are registered for the relevant tax system, you can start creating your portfolio and online presence and work. Look to build interest in your product or service before you start it, and then you have a better chance of hitting the ground running!
At EDU Effective Business School, we not only help our students gain new knowledge, but they develop time management skills to be more productive business people through the microlearning learning methods.
Studying business makes you stronger as an individual, and you will also be impressed by the fact that you can manage your workload successfully as an online learner! It shows that you’re responsible, self-motivated, and autonomous. What if you want to be your boss? Online business schools like EDU Effective Business School offer courses in entrepreneurship and many more. After finishing our program you can definitely add a diploma and certification received on your social media (such as a Linkedin profile), or to your CV!
Lastly, remember, it’s all about your passion – keep the excitement alive, and you will succeed. Good luck!