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The freelance industry is growing rapidly. As high as 34 percent of the total US workforce comprises of freelancers. Being a part of such a large industry and community won’t make much difference unless you are extraordinary at what you do. Else, you can easily get lost.

Here are 3 things freelancers must know and should do to stay ahead and to be at the top throughout their freelance career.

Diversification

Diversification in freelancing as important as it is in any business. You shouldn’t put all your eggs in the same basket.

This doesn’t mean you should try to master multiple skills rather idea is to diversify your income streams so that you do not rely totally on a single client for too long.

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Make Networks

No freelancer, or any business, can survive alone. You cannot survive by keeping yourself at a distance from fellow freelancers and from competitors. You should build relationships and networks.

Budgeting

Being a freelancer is not easy since you have to manage everything yourself. If you will not streamline things, you might end up spending more than what you earn. It is equally important to save a certain portion of your earnings.

While these three things must be understood by every freelancer, there is still much more on the plate. This is just a starting point.

 

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