Freelancing can potentially be broken down into 4 steps.

  1. Find Clients
  2. Complete Projects
  3. Get Paid
  4. Repeat

Although it’s much more complicated than what I’ve listed above, if one of those core aspects of freelancing stops working for you, there could be some serious trouble ahead.

That’s why it’s crucial that you develop side hustles alongside your normal freelance business. If you’re having a slow month, you have something to fall back on.

It’s even better if the side businesses you develop can generate passive income.

But how exactly do you do that? How are you supposed to just create a new line of business?

Check out the article below for some amazing tips from Double Your Freelancing and you could be on your way to new lines of business in no time.

“How to Develop What You’re Already Good At Into New Lines of Business

You’re a typical freelancer: you do one-off projects for clients large and small. You find yourself doing similar work for each client: somebody asks you for a logo, and before you know it you’re making logos for dozens of great people. How do you take what your current business and make it consistent, repeatable, and durable?

The answer is by productizing your consulting offerings. By making it so your offerings are fixed-scope and repeatably purchasable, you reduce the effort it takes you to sell while simultaneously pre-qualifying leads before they get in the door. Before someone can have an initial phone call with you, they have to read through your offering, learn what problem you can help them solve, and understand your approach and methodology. That way, if they decide to have a call with you, they’ve already pre-qualified themselves to work with you.”

See the rest of the article at Double Your Freelancing.