Don’t worry.  In the beginning you’ll underestimate the scope of your project and the amount of time you’ll need to devote to it.

Maintain a Pipeline of Submitted Proposals
One way of breaking into the Gig Economy is to affiliate with other independent contractors.

Day Four: Define Your Products.

Remember, according to AnyWired’s 30-day plan you should spend at least one hour per day just developing your core skill and talent.

Will you start your own consulting business?  What about a freelancing lifestyle business?

This is different from the service you are going to offer – here you decide how it is going to be packaged.

  • It’s about getting paid for a service.
  • And later about the additional income you can produce by turning your service into products – making money while you sleep.

First things first.

Are you going to sell blocks of time?

You’ll need to research how much your competitors charge.

By completed projects?

Plan Your Work and Work Your Plan

You’ll need to develop another skill set, perhaps more important that the talent you offer.

  • Estimating reasonable time frames to complete projects.
  • Don’t worry.  In the beginning you’ll underestimate the scope of your project and the amount of time you’ll need to devote to it.

What will your rates be?

If you are just now starting out and are breaking into the market, you’ll want to charge less for your hourly rate for those clients who buy for price.

One way of breaking into the Gig Economy is to affiliate with other independent contractors.

  • Consultants or freelancers who have already established their businesses and may need to either turn business away or find talented people like you to subcontract the projects out.
  • You’ll want to cultivate a few seasoned businesses in your community or online to help fill the weekly income gaps while you build your own business.
  • Many times you can offer them additional services they don’t or can’t provide to their already established clients or customers.

Is there a draw back?

You will be offering your talent and expertise under their umbrella brand, so once you break even with enough coming in to pay for what is going out, you’ll want to pivot to your own brand.

Next Up: Day Five

Day 3.5: Pink, Pitches and Pixar 

Day Three: Decide on a Business Name