The 4 Stages of Freelancing Explained | Part 2 episode artwork

EPISODE · Jan 12, 2024 · 21 MIN

The 4 Stages of Freelancing Explained | Part 2

from Freelance Cake · host Austin L. Church

In this continuation of “The 4 Stages of Freelancing,” Austin L. Church explores the last two stages: Lifestyler and Diversifier. After they’ve navigated through the Moonlighter and Hustler phases, freelancers reach a level of maturity where challenges become more complex. Meanwhile, opportunities for growth and personal fulfillment expand.Austin highlights the motivations, challenges, mistakes, and questions at each stage, as well as the key breakthroughs and financial goals.Are you a Lifestyler eager to earn the same or more while working less? Or are you a Diversifier interested in creating new revenue streams? Regardless, this episode will help you figure out where you currently are in your journey and what to focus on next. Key pointsLifestylers overview (01:53)The motivations for Lifestylers (04:35)The mistakes for Lifestylers (05:27)The questions for Lifestylers (07:23)The main breakthrough for Lifestylers (7:56)The main financial goal for Lifestylers (08:16)Diversifiers overview (10:35)The motivations for Diversifiers (12:35)The challenges for Diversifiers (13:49)The questions for Diversifiers (17:07)The main breakthrough for Diversifiers (17:46)The main financial goal for Diversifiers (18:08)Notable Quotes"We freelancers and consultants can get so fixated on winning the next project, staying ahead of bills, and achieving financial stability that we inadvertently become creative workaholics.""The last thing any freelancer should do, any consultant should do is blindly copy someone else."ResourcesListen to The 4 Stages of Freelancing Explained | Part 1Read the full post hereBusiness Redesign Group Coaching Program$300K Flywheel for Freelancers & ConsultantsThe Ladders of Wealth Creation: A Step-by-Step Roadmap to Building WealthThis episode of Freelance Cake is brought to you by CrowdHealthHealthcare in the US is complicated, confusing, and highly personal. Insurance premiums, deductibles, and copays can get really expensive, especially for freelancers and consultants who don’t have an employer paying for anything. Over the last 7 years, my family has saved $60,000+ in premiums, deductibles, and other out-of-pocket medical expenses that we would have paid with our previous insurance policy. Healthcare crowdfunding has been a game changer for us. If you live in the U.S. and you haven’t already explored what CrowdHealth has to offer, take the time to educate yourself. And if you decide you want to give them a try, go to www.joincrowdhealth.com. You can use promo code FREELANCECAKE during sign-up to save $99 per month for 3 months.Listen, rate, and subscribe!For specific beliefs, principles, and practices you can use right away to make the freelance game more profitable and satisfying, subscribe to Freelance Cake podcast on Apple Podcasts or wherever you listen to podcasts!

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