Work X Consulting

Got it! 🏆 Last Thursday we went to the annual FD Gazellen awards to pick up our very own award for 2024. Thanks again to everyone that has made this possible 🙌

Setting your rates can feel overwhelming, but it doesn't have to feel like rocket science. If you follow these steps, you’ll be well on your way to price fairly and you'll keep a little extra for treats at the end of the month. Swipe to see which factors can help you to set your rate ➡️

Product owners: are you earning the right salary? Check it with our 𝘀𝗮𝗹𝗮𝗿𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 📊

You're in luck! The demand for IT and engineering freelancers is totally skyrocketing. So, what's the deal with this freelancing boom in tech and engineering? Well: 🤸 Flexibility Companies pick up specialized talent for individual projects without hiring full-time employees. Win-win! 💵 Short-term budget-friendly Hiring freelancers can save cash, especially for short-term projects. 💨 Speed Freelancers can jump on board quickly, helping businesses hit those deadlines and stay agile. 🌏 Worldwide talent With remote work and freelancing platforms, companies can tap into a global pool of IT and engineering pros. If you're an IT or engineering pro thinking about going freelance, now's the time to dive in! There are tons of opportunities to collaborate with diverse clients, tackle awesome projects, and level up your skills. #freelance #freelancelife #motivation #workx

What's your best practice for staying on top of your game?

Shifting into a higher gear after summer? Don't speed away yet! First: 🪞 Reflect on your accomplishments from the summer and use them as fuel for the upcoming months. ♟️ Revisit your goals and strategies, making any necessary adjustments to set yourself up for success. ↗️ Expand your network by connecting with fellow freelancers or industry professionals. Whether you've been working through the summer or taking a well-deserved break, let's start the autumn off strong! #freelance #freelancelife #motivation #workx

What's your favorite place to work?

💼 Financial stability as an IT Freelancer: Building success long-term Last week, we talked about the basics of managing your finances as a freelancer. Now that you’ve got those tips under your belt, let’s take things a step further. Financial stability isn’t just about budgeting and saving—it’s about building a foundation that supports your long-term success. How, you ask? Well: 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝘆 𝘆𝗼𝘂𝗿 𝗶𝗻𝗰𝗼𝗺𝗲 𝘀𝘁𝗿𝗲𝗮𝗺𝘀 Relying on a single client or project can be risky. Consider diversifying your income streams by exploring different types of work, offering consulting services, or even creating passive income through digital products or online courses. This not only boosts your earnings but also gives you more security if one stream dries up. 𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝘆𝗼𝘂𝗿 𝘀𝗸𝗶𝗹𝗹𝘀 The tech industry evolves rapidly, and staying relevant is key to maintaining and increasing your income. Regularly invest in your skills by taking courses, attending webinars, or getting certified in new technologies. ✅ The more valuable you are to clients, the better your earning potential. 𝗧𝗿𝗮𝗰𝗸 𝗮𝗻𝗱 𝗮𝗻𝗮𝗹𝘆𝘀𝗲 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗲𝘀 It’s one thing to budget, but it’s another to truly understand your financial health. Use financial tools and apps to track your income, expenses, and savings goals. Analyzing your cash flow helps you make informed decisions and spot opportunities for improvement. 𝗦𝗲𝘁 𝗰𝗹𝗲𝗮𝗿 (𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹) 𝗴𝗼𝗮𝗹𝘀 What does financial success look like to you? Whether it’s saving for a big purchase, paying off debt, or planning for retirement, setting clear and achievable financial goals keeps you focused and motivated. Break them down into actionable steps and celebrate your progress along the way. #freelance #freelancing #finances

Freelancing in IT can be a dream come true—flexible hours, being your own boss, and the freedom to choose your projects. But let’s be real: managing your finances... meh, not as fun. Don’t worry—we’ve got this covered, and we're here to help you navigate it all smoothly. 📊 Smart Budgeting Freelance income can be unpredictable, so creating a flexible budget is key. Focus on your fixed expenses and make sure to save during the high-earning months. Having that cushion will keep you stress-free during the lean times. 💳 Separate Business and Personal Finances Here’s a pro tip: open a separate bank account for your business income and expenses. This keeps things tidy and makes tax time a lot less painful. Let’s face it, no one enjoys dealing with a financial mess. 💼 Tax Preparation Taxes are inevitable, so it’s smart to set aside 25-30% of your income. Consider paying quarterly to avoid a big bill at year’s end. This will save you from any last-minute panic. 💰 Build an Emergency Fund Life is unpredictable, and having an emergency fund with 3-6 months of expenses is a lifesaver. Not only does it give you peace of mind, but it also prevents you from scrambling when things slow down. 🏦 Plan for Retirement As a freelancer, you’re on your own when it comes to retirement. Set up an IRA or a Solo 401(k) to ensure your future is secure. It’s an investment in yourself that you’ll be grateful for down the line. 📈 Keep Learning and Improving Tools like QuickBooks or FreshBooks can help keep your accounts in order, and consulting with a financial advisor from time to time can offer valuable insights you might not have considered.

Working from home without the right setup can take a serious toll on your health and productivity. Avoid becoming Quasimodo with these four simple tips!