The Art of Business Efficiency

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The Art of Business Efficiency

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By helping you set up and plan your business, managing your time and optimizing your profits, I am committed to support you in achieving a more balanced and fulfilling lifestyle while revealing your business potential.

31/08/2022

So excited to be part of the next Freelance Business Month event 🔥

On the menu:
📋 Freelancers will get clarity on their main growth challenges and inefficiencies that cost them money and timr

📋 Learn a set of practical time management and productivity tools directly applicable to their business

📋 Develop a proper plan to grow their business to profitable and sustainable heights!

+ FREE worksheets to take action right away!

➡️ 13/10/2022 SAVE THE DATE 📅

01/06/2022

Click link in bio 🔗 to read the full testimonial 🔥

01/06/2022

Click link in bio 🔗 to read the full testimonial 🔥

18/05/2022

☁️ 5 Myths around freelancing ☁️

1️⃣ There is no job security – TRUE and FALSE

If you lose your job as an employee in one company, you lose all of your income. However, if you lose a client as a freelancer, you only lose a percentage of your income. Also, replacing a client can be much easier and quicker than finding another job.

2️⃣ Freelancing is more stressful – TRUE

Freelancers have to manage all areas of their business and often find themselves in the beginning under financial stress and overwhelming workload. On top of that, taking holidays takes more planning as a freelancer who must anticipate having no income during this off period.

3️⃣ You don’t have a boss – FALSE

As a freelancer, you have two bosses: your client and yourself. As your own boss, you have to keep yourself accountable, get things done, develop a business strategy and take actions. You’ll have to set a work rhythm and manage your time to ensure that even the most unpleasant tasks like bookkeeping are done.

4️⃣ You can work wherever and whenever you want – MOSTLY TRUE

Freelancers have to work with their clients’ schedule and make time for calls for example. But if you’re a digital freelancer, you generally have the flexibility to choose the schedule and the place that works best for you (all you may need is wifi!).

5️⃣ Freelancing is not a real business – FALSE

I like to call freelancers as small business owners to encourage them to think like a business. Because freelancers have all the responsibilities of business owners: budgeting and accounting, marketing, contracts, client acquisition and relationship, growth strategy, investment decisions, brand development, outsourcing and partnership development, project management…

18/05/2022

6 Tips for a Smooth Transition from Corporate to Freelancing 🔥

1️⃣ BUILD A TRANSITION PLAN 📑
Your plan of action should answer to the following questions:
▪️Long and short-term goals
▪️Expertise? Audience? Communication strategy? Roles and responsibilities?
▪️When do you plan to leave your job? To register officially as a freelancer? (You may want to get as much preparation work done as possible before leaving your job)
▪️Can you take advantage of your network before leaving your corporate job?
▪️What skills are you missing?
▪️Budget for the first 3 to 6 months?

2️⃣ NURTURE YOUR CONNECTIONS 🌐
Instead of working from home every day, settle in a café or a coworking space. Connect with freelance communities and freelancers on social media to share experiences and build relationships. Partner with freelancers with activities complementary to yours.

3️⃣ DEDICATE TIME TO STRATEGY 📈
Every week, I make sure that I dedicated time to define my goals, track my progress and improve my skillset. Every three months, I made it a habit to review my strategy and long-term goals according to my past performance and future ambitions.

4️⃣ CREATE YOUR OWN RULES 🕒
Freelancers are experts in working long hours, having a poor work-life balance and not setting enough boundaries with their clients.
Even if a corporate-like 9 to 5 routine isn’t for everyone, establishing a work rhythm has the advantage of improving productivity and consistency, which are two key components of success.

5️⃣ DON'T START FROM SCRATCH
Transitioning from corporate to a freelancing career can be overwhelming and feel like starting back from scratch. We lose our bearings and have to recreate a whole new work environment all over again.

However, I quickly realized that nothing was lost. In fact, coming from corporate made me more efficient, more structured and more professional in my interactions with my clients.

18/05/2022

I’m a relentless reader of personal development books 📚

Get good with money, boost your results, live a stress-free life, adopt the habits of the most successful people… I’m a big fan of inspirational books with lessons I can apply to my every day personal and/or professional life.

However, I realized very recently how constantly feeding my brain with these injunctions could be counterproductive. I started to feel guilty and ashamed of the things that I wasn’t doing, overwhelmed by all the things that I should apply to optimize my life and be more successful. 🤯 Instead of inspiring me, it was paralyzing me and making me have negative thoughts about myself.

Instead, I will try to:

1️⃣ Diversify my reading and alternate personal development books with fictional books. Not only to rest my brain 🧠 but also to give me enough time to process the learnings and put them into practice before jumping on the next one.

2️⃣ Realize that authors of personal development books tend to exaggerate to make their point and mark the minds of their readers. Not doing 100% of what authors are advertising doesn’t mean that you’re lazy. 🤗

3️⃣ Be more critical on the recommendations that I choose to integrate into my habits and test them to see whether or not they work for me. We all have different aspirations, goals and definitions of success. There is no one-size-fits-all when it comes to what makes you successful and what doesn’t.

How do you feel about personal development books? Do you read them? How often? Did you ever feel negative feelings about yourself when reading one?

22/04/2022

Too many SMEs tend to multiply and diversify their services without integrating them into a strategy for their business growth 📈

Do you feel that one if the services that you provide to your customers is taking you a lot if time and energy for very little reward?
Does it involve significant costs that are barely covered?
Do you sometimes think that you are not charging enough for your service?

If so, it may be a good time to evaluate a few components of your offer:

1️⃣ Time ⏰
Try to estimate the time spent on a specific service provided to your customers to calculate how much time your service costs you!

2️⃣ Profit 💰
To put your profitability of your services to the test, make sure to estimate and track the following amounts:
▪️Your operating expenses: all the costs involved in the delivery of your service to one client. It can include outsourcing, supply of material, travels...
▪️Your profit: taking a profit from day one is key for your financial health and growth. For a small business with a yearly real revenue of under 250k€, you can consider taking 5% profit in each transaction.
▪️Your salary: your time, expertise, knowledge and experience have a value that needs to be taken into consideration on every transaction with a customer. The owner's salary can take up to 50% if the total price.
▪️The tax hold: depending on the tax regulations in your country, the percentage will vary between 15% and 25%.

3️⃣ Intangible rewards
A particular service could be a strong part of your brand identity, what makes you recognizable for new leads and memorable to your existing customers. If so, removing this service from your offer could seriously damage your business growth!

Our daily capacity for deep focus is limited, and as small business owners, we don't have the same human capacity as large corporations. For this reason and in order to grow as fast as possible in the startup phase, it is important not to divide focus among many services and instead concentrate your manpower and resources on a few services that will bring your business into the spotlight! ✨ ✨

22/04/2022

Lifting taught me so many lessons that I apply in my business every day! ✨

1️⃣ Have a plan and track progress with consistency:
Because change happens over time and habits lead to success, I started tracking the key actions that will help me achieve my goals 🎯

2️⃣ Take risks and learn from failure:
Some risks are rewarded, some aren't. But you can't know which one it will be until you try that heavy lift you fear. In my work, I take my failures as "I'll try again and work on it in the meantime".

3️⃣ Rest times ARE productive too:
In bodybuilding, rest is an integral part of progress, and heavy weights require more rest. Similarly, deep work on strategy and decision-making may require more mental rest, and I don't beat myself up for it!

4️⃣ Enjoy the process, not simply the end result.
I started going to the gym to transform my body, I'm staying because I truly enjoy the process, from the planning, to the physical pain, the environment and the mental challenges. As a small business, make sure you enjoy what you do everyday and that you're not simply attracted by an ideal image of success.

08/04/2022

Did you get yours? 📚

01/04/2022

8 tips small business can apply to gain confidence in their decision-making ✨

Part 2:

1️⃣ Not all the decisions have to be taken quickly. When you don't have a deadline attached to your decision, you should prefer taking extra couple of days of reflection to commit to the best decision rather than taking a decision in a hurry and continuously self-doubt and question it later. Even a simple list of the pros and cons can help your brain and your decision into reality 🧠

2️⃣ One of the best practices when starting a business, big or small, on your own or not, is to properly define and write down your long-term vision, your strategy and intermediate goals to achieve your vision, and your core values. This helps build a business on solid foundation and always stay on course when things get tough 📝

3️⃣ Committing is key for great decision-making! Taking the same decision over and over again is a waste of your time and mental energy. If you followed the tips above then you were probably able to make a sound decision. So relax...and commit! 💯

➡️ More tips for decision making next week 📆

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🔗 Get your Notebook designed by and for Freelancers based on their needs, expectations and work rhythm 📚 Link in Bio

01/04/2022

What are your TOP 3 Values? ✨

01/04/2022

8 tips small business can apply to gain confidence in their decision-making ✨

Let's start with the first 3:

1️⃣ If you are a small business working with cofounders, don't get paralyzed by consensus! It's not a must-have.
Instead, focus on taking advantage of each person's expertise and empower them to take responsibility by taking decisions in their fields. This will better distribute the weight of decision-making and strengthen the team! 💪

2️⃣ Not all decisions have to be a definite Yes or definite No, seek nuances! Remain open to opportunities, even if they are not a perfect fit right now, they can be later! Don't close doors based on emotions or prior beliefs 🤗

3️⃣ Allow yourself to take a step back and talk about your decision out loud with someone else you trust! This will provide objectivity, clarity and peace in your decision-making. 💯

➡️ 3 more tips for decision making next week 📆

___________________________________
🔗 Get your Notebook designed by and for Freelancers based on their needs, expectations and work rhythm 📚 Link in Bio

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http://www.theartofbusinessefficiency.com/

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