4 Common Mistakes To Avoid When Accepting Projects: Freelancers
One of the key factors that contribute to the success of a freelancer is how to negotiate properly or make a proposal with a potential employer. Newbies in this kind of online work may find themselves in greater risk of either getting underpaid or the worst case scenario of loosing your credibility in the freelance market because of miscalculations of the entire project given.
For you to fully understand how the freelance market works in general below are the 4 common mistakes to avoid when accepting projects:
1. Avoid being fooled with large pay-offs
Most freelancers complain that they get fooled easily and enticed with huge amounts of pay-offs, only to realize in the middle of the work that is consumes most of their time and if they would calculate the actual hours spent already on that particular project, they have actually lost a great deal of possible earnings. To prevent this from happening again in the future, better give a careful analysis on the estimated number of hours you will dedicate on that project alone. Think first if the price is absolutely right for the work output they want from you or is it really realizable.
2. Don’t get too much workload you cannot handle
This is another common problem freelancers do face along the way, accepting too much workload they cannot actually cope up. Thinking that they can handle rush work or many projects at the same time often lead to poor work output or delay in submissions, thus leading to more dissatisfied clients in the end. Remember, all your clients think that their work is your priority, so juggling many tasks all at the same time would even stress you out, loosing your focus to work accurately and making you a less productive person in the end. Accept only projects that you think are manageable on your current available free time to spare. A successful project is something that will benefit both parties in the end, you getting paid fairly for work done and the employer getting his/her desired work output.
3. Lowering your rates
Lowering your existing rates in some cases cannot be beneficial on your part. Don’t always assume that employers would rather hire freelancers with the lowest rate. This may apply only if the employer is on a tight budget and is the employer is still willing to hire, you can always come up with a rate that both of you can totally agree reasonable enough. Generally, employers view a freelancer’s profile and see how much your expertise is really worth for their project.
4. Not making a proposal at all
If you are a newbie in the freelance industry, you also have the right to give you own proposal with regards to the work that a potential employer is offering you. Learn to negotiate properly before accepting any project. Don’t just accept all the terms set upon by the employer. Cite as well your conditions like: how many revisions will be set on the contract free of charge in cases the client was not satisfied with the project submitted. There should be a limit as to how many revisions will you do. Clarify all the important issues you need to voice out, so that by the end of the project, both of you will part ways satisfied.
Freelancing job can work fairly on your part if you know how to deal appropriately with your potential clients. Don’t be afraid to set your own conditions like the number of revisions included in the contract, clarity where and when they will make the payments. Most freelancers associated in certain outsourcing sites like Odesk are usually payment guaranteed with hourly rates projects, so any freelancer is protected and assured of payments for work done. Fixed rates are a bit risky, especially if payments are only available upon completion of the project. You might end up not getting paid if the employer claims to be dissatisfied with the results and cancelling your contract without any notice. Remember, you can always offer a good bargain that will benefit you greatly when you know that you are an expert to that particular work. Keep it up. Don’t’ get discourage easily.