Freelancing
Download
1 / 38

Freelancing - PowerPoint PPT Presentation


  • 212 Views
  • Updated On :
  • Presentation posted in: News / Politics

??#@&@. Freelancing. Makarand Pandit mp@vsnl.com. Session 2 :-). 35 minutes - Presentation 10 minutes - Question Answers. What This Session Covers. About Technowrites Opportunities Assignment Life Cycle Rules & Issues Traps What’s wrong in being your own boss? Limits to growth

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha

Download Presentation

Freelancing

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


??#@&@

Freelancing

Makarand Pandit

mp@vsnl.com


Session 2 :-)

  • 35 minutes - Presentation

  • 10 minutes - Question Answers


What This Session Covers

  • About Technowrites

  • Opportunities

  • Assignment Life Cycle

  • Rules & Issues

  • Traps

  • What’s wrong in being your own boss?

  • Limits to growth

  • Estimates

  • Comparisons


The Beginning

  • Started November 1994

  • Strength 1

  • Goal - Specialize in Technical Communication

  • Business in first year 8k

  • Got first telephone in 1995

  • Bought first computer in 1997


Today

  • Strength 7 + 3

  • Offices 2

  • Business this year 2000k

  • Telephone lines 3 + 2

  • Connectivity ISDN

  • Computers 7

  • Goal - still the same!


Opportunities

  • Technical Writers

  • Graphic Designers

  • Animators

  • Content Developers

  • Translators

  • Courseware Developers

  • Programmers

  • Instruction Designers

  • Trainers

  • Marketing agents


Assignment Life Cycle

TOC & Quote

Inquiry

Study

Negotiations & Approval

Rs / $

Payments

Drafts & Corrections

Delivery


Thumb Rules

  • Rule 1: Develop thumb rules

  • Rule 2: Minimum 10 Pages a day

  • Rule 3: Maximum 100 Pages a day

  • Rule 4: One order is no good

  • Rule 5: Judgement after 1000 days

  • Rule 6: Be in a network

  • Rule 7: Be on the move

  • Rule 8: Learn from Marwaris, Sindhis, British & Americans


Finance Issues

  • Standardize your monthly earnings and keep them aside

  • Get a credit card, now!

  • Ask your banker for a cashcredit account

  • Ask your banker for a loan, straight or against investments / deposits

  • Ask for at least double the salary

  • Save for gaps and downtime


HR Issues

  • Don’t compare your earnings to others doing job

  • Study your output Vs Efficiency curves

  • Short term disability insurance

  • Public Provident Fund

  • Long term & accidental insurance

  • Mediclaim Policy for you and your family

  • Train yourself on new tools and techniques

  • Train yourself on marketing and business skills

  • Plan at least 15 days leave every year

  • Plan at least 30 days training every year


Traps

  • Late Payments

  • Home Office

  • Time Flexibility

  • Shelf Space

  • Administrative Work (non-productive work?)

  • Risks & Personal Protection

  • Decrease in efficiency with load

  • Ahead of time?


What’s wrong in being your own boss?

  • No excuses

  • You can take a leave when you want!

  • You have to work when you don’t want!

  • Growth is limited by your vision & luck

  • You can not argue “The boss is not going to agree”


Limits to growth!

  • Limits personal growth

  • Builds monotony

  • Increases Frustration

  • No peers - No envy - No growth


Estimates - The Technowrites Way!

  • 365 days - 52 weeks - 104 Non-working days- 20 National & Other Holidays

  • 45 Days - Leaves & Training

  • 196 Days to earn

  • Rate * No. of Days + Overheads + Expenses = A = Base

  • B = Multiplication Factor

  • A * B = C = Quote


Estimates - The Pvt. Ltd. Way!

  • Identify Resources

  • Rates for every resource

  • Summation of (Resources x Rates) = A = Base

  • B = Multiplication Factor

  • A * B = C = Quote

  • For Opportunity Assignments quote ad hoc


Comparison

  • In-house Writers

  • Consultant Writers

  • Writing Agencies


Time to Setup

  • In-house Writers: More

  • Consultant Writers: Less or none

  • Writing Agencies: More


Time to Establish

  • In-house Writers: Less

  • Consultant Writers: More

  • Writing Agencies: More


Time to Wind-up

  • In-house Writers: More

  • Consultant Writers: Less or none

  • Writing Agencies: Most


Driving Force

  • In-house Writers: Need

  • Consultant Writers: Opportunity

  • Writing Agencies: Market


Client’s Resources

  • In-house Writers: Uses

  • Consultant Writers: Uses or pools in

  • Writing Agencies: Pool in


Investments

  • In-house Writers: High

  • Consultant Writers: Low

  • Writing Agencies: High


Team Formation

  • In-house Writers: Must

  • Consultant Writers: Difficult

  • Writing Agencies: Must


Personal Development

  • In-house Writers: High

  • Consultant Writers: Low

  • Writing Agencies: High


Entrepreneurial Development

  • In-house Writers: Low

  • Consultant Writers: Very High

  • Writing Agencies: High


Stability

  • In-house Writers: High

  • Consultant Writers: Extremely Low

  • Writing Agencies: High


Business Generation

  • In-house Writers: Not applicable

  • Consultant Writers: INR 8k to 1000k

  • Writing Agencies: INR 1000k upwards


Comparison

  • Indian Freelance Writers

  • Writers in Developed Countries


Formal Education in TW

  • Indian Freelance Writers: None

  • Writers in Developed Countries: Yes


Opportunities

  • Indian Freelance Writers: Yes

  • Writers in Developed Countries: Yes


Market

  • Indian Freelance Writers: Developing

  • Writers in Developed Countries: Matured


Competition

  • Indian Freelance Writers: Low

  • Writers in Developed Countries: High


Quality in TW

  • Indian Freelance Writers: High

  • Writers in Developed Countries: High


Language Advantage

  • Indian Freelance Writers: Yes

  • Writers in Developed Countries: Depends


Business Generation

  • Indian Freelance Writers: INR 1-1000k

  • Writers in Developed Countries: US$ 50k Plus

  • (Book writers earn millions!)


Trans-Opportunities

  • Indian Freelance Writers: Yes, but limited by visas and work permits

  • Writers in Developed Countries: Yes, but limited by economical growth


To Summarize...

  • About Technowrites

  • Opportunities

  • Assignment Life Cycle

  • Rules & Issues

  • Traps

  • What’s wrong in being your own boss?

  • Limits to growth

  • Estimates

  • Comparisons


The Prayer

I asked for Strength, God gave me Difficulties to make me strong

I asked for Wisdom, God gave me Problems to solve

I asked for Prosperity, God gave me Brain and Brawn to work

I asked for Courage, God gave me Dangers to overcome

I asked for Love, God gave me Troubled People to help

I asked for Favors, God gave me opportunities

I received nothing I wanted…

…but everything I needed

My Prayers have been answered!


  • Login