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  • Add You - Freelancer, Consultant, or Entrepreneur - What's the Difference?

    Accountability or Confusion - Why Use a CRM
    How many times have you purchased leads from an Internet lead provider or direct mail vendor, only to wonder…Where are my leads? Has anyone called my lead? Did we sell cars from our leads? Are there any referrals?At the end of the month did your lead provider leave you with more questions than answers? What happens with your lot-ups? Are there follow-up and closing opportunities at the bottom of your sales rep’s drawer? What about those phone calls that come straight into the dealership? Is your lead on the back of a salesman’s business card?It has been our experience that dealers are most successful when they know which leads ar
    have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consul

    Avoid e-mail Overload and Still Keep Everyone Informed
    Have you ever come back from vacation, or from a business trip of more than a few days, to find an overstuffed e-mailbox containing a blow-by-blow account of everything that happened while you were away? E-mail overload at its worst!You know the kind of thing I mean: long e-mail threads with contributions from everyone in the department, each copying everyone else and many leading off into side threads and involving even more people. You have to read the whole thing just to know what's going on, and to see whether there's something you need to do.This is a common problem, and one that comes up often in my consulting and training engagements. So I'm recommendi
    Remember the poor little bird in P. D. Eastman's much beloved children's book Are You My Mother? The one who hatches from his egg while his mother is out scratching around for food and can't figure out who he is? By the middle of the story, this confused hatchling is in the midst of a full-blown identity crisis, wandering around asking everyone, "Are you my mother?"

    That's how it is in the business world. We bandy around the words freelancer, consultant, and entrepreneur as if they are interchangeable, although they are not. Sometimes our clients are confused. Often we are, too. When we aren't clear about how we offer our products and services, it makes it difficult for potential clients to know whether or not to hire us.

    What's the difference?

    According to the Merriam-Webster Dictionary: a freelancer is "a person who acts independently without being affiliated with or organized by an organization; who pursues a profession without a long-term commitment to any one employer." A consultant, on the other hand, is "one who gives professional advice or services as an expert." In a completely different category is the entrepreneur who "organizes, manages, and assumes the risk of a business or enterprise."

    Freelance vs. Consultant

    Technically, there isn't much of a difference between being a consultant and being a freelancer. Both are independent contractors working for multiple clients. They are their own bosses. The main difference between the two is that one gives professional or expert advice and the other offers a deliverable.

    Freelancers

    Freelancers offer a deliverable--something concrete and tangible. Deliverables can include writing an article for a newspaper or magazine, designing a web site for a client, or painting a commissioned artwork for a building opening. Freelancers get in, do the job, and get out. Often enjoying a variety of assignments while working from home, they earn their living by contracting for work on a project-by-project basis. At the end of the year, they have plenty of 1099s to show for it.

    Fields where freelancing is especially common include journalism, writing, copywriting, computer programming, software development, graphic design, film production, landscaping, architecture, translation, fine art, music, and acting.

    Consultants

    Consultants give professional or expert advice, generally to management. They may come in and evaluate how a company can streamline their production efforts or render a professional opinion on an accounting audit. They give their advice and opinion so that others can make informed decisions, select the best course of action, or accurately forecast an outcome.

    Consultants, like freelancers, enjoy a wide variety of projects and earn their living by contracting for projects on a project-by-project basis. Unlike freelancers, most of their work is done outside of the home. At the end of the year, in addition to 1099s, they may also have some W2s to show for their work.

    Fields where consultants are especially common include financial planning, strategic planning, marketing, research, training, business planning, business review, computing, integration of new technology, medicine, psychology, and law. Entrepreneur vs. Freelancer and Consultant

    Freelancers and Consultants

    Freelancers and consultants sell themselves. Though they may have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consult

    Products Need Better Instruction Booklets For the Mechanically Challenged
    We've all had them, those poorly illustrated guides to putting a retail product together or instructions on how to use a new piece of electronic equipment. What gives? For those of us who are mechanically challenged, this can be really frustrating. The world of electronics holds a special frustration for many, such as setting up a piece of computer equipment, for example. Once learned, they are usually not that bad, but it just takes getting used to.My new printer came today. Once again, I dropped everything to figure out how to set it up. What a job. Programming things is definitely not my strongpoint. It is good there's nobody watching when I'm working on these pr
    independently without being affiliated with or organized by an organization; who pursues a profession without a long-term commitment to any one employer." A consultant, on the other hand, is "one who gives professional advice or services as an expert." In a completely different category is the entrepreneur who "organizes, manages, and assumes the risk of a business or enterprise."

    Freelance vs. Consultant

    Technically, there isn't much of a difference between being a consultant and being a freelancer. Both are independent contractors working for multiple clients. They are their own bosses. The main difference between the two is that one gives professional or expert advice and the other offers a deliverable.

    Freelancers

    Freelancers offer a deliverable--something concrete and tangible. Deliverables can include writing an article for a newspaper or magazine, designing a web site for a client, or painting a commissioned artwork for a building opening. Freelancers get in, do the job, and get out. Often enjoying a variety of assignments while working from home, they earn their living by contracting for work on a project-by-project basis. At the end of the year, they have plenty of 1099s to show for it.

    Fields where freelancing is especially common include journalism, writing, copywriting, computer programming, software development, graphic design, film production, landscaping, architecture, translation, fine art, music, and acting.

    Consultants

    Consultants give professional or expert advice, generally to management. They may come in and evaluate how a company can streamline their production efforts or render a professional opinion on an accounting audit. They give their advice and opinion so that others can make informed decisions, select the best course of action, or accurately forecast an outcome.

    Consultants, like freelancers, enjoy a wide variety of projects and earn their living by contracting for projects on a project-by-project basis. Unlike freelancers, most of their work is done outside of the home. At the end of the year, in addition to 1099s, they may also have some W2s to show for their work.

    Fields where consultants are especially common include financial planning, strategic planning, marketing, research, training, business planning, business review, computing, integration of new technology, medicine, psychology, and law. Entrepreneur vs. Freelancer and Consultant

    Freelancers and Consultants

    Freelancers and consultants sell themselves. Though they may have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consul

    A Tale Of Two Companies
    Yesterday, Singapore’s exchange market was rife with speculation about a possible merger of the two land transport giants: ComfortDelGro and SMRT. As a result, their share prices skyrocketed between 5.9% and 6.6% at closing.ComfortDelGro is the “world’s second largest public listed land transport company with a fleet of more than 40,000 vehicles”. It is the parent company for Comfort and SBS Transit which are the market leaders in taxi and bus industry in Singapore respectively. SMRT, the market leader for train services, is a multi-modal public transport company offering train, bus and taxi services, as well as expertise in consultancy and project management in rai
    article for a newspaper or magazine, designing a web site for a client, or painting a commissioned artwork for a building opening. Freelancers get in, do the job, and get out. Often enjoying a variety of assignments while working from home, they earn their living by contracting for work on a project-by-project basis. At the end of the year, they have plenty of 1099s to show for it.

    Fields where freelancing is especially common include journalism, writing, copywriting, computer programming, software development, graphic design, film production, landscaping, architecture, translation, fine art, music, and acting.

    Consultants

    Consultants give professional or expert advice, generally to management. They may come in and evaluate how a company can streamline their production efforts or render a professional opinion on an accounting audit. They give their advice and opinion so that others can make informed decisions, select the best course of action, or accurately forecast an outcome.

    Consultants, like freelancers, enjoy a wide variety of projects and earn their living by contracting for projects on a project-by-project basis. Unlike freelancers, most of their work is done outside of the home. At the end of the year, in addition to 1099s, they may also have some W2s to show for their work.

    Fields where consultants are especially common include financial planning, strategic planning, marketing, research, training, business planning, business review, computing, integration of new technology, medicine, psychology, and law. Entrepreneur vs. Freelancer and Consultant

    Freelancers and Consultants

    Freelancers and consultants sell themselves. Though they may have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consul

    Valuation of Consulting Firms - A Blended Approach
    Consultants News, of Peterborough, NH, is probably the most prestigious consultants news letter published and features world wide distribution. Awhile back, because they receive many questions about “how to value consulting firms” . . . . . whether they're mid-sized firms being acquired by industrial giants, or founding partners assessing fair valuation when new partners are appointed. To deal with CN's coverage of this topic, they asked Charlotte based consultant and valuation analyst Paul A. Halas, Jr., to outline his valuation technique as it applies to consulting firms.Thomas D'Ufrey said: “The worth of a thing is known by its want.” For management consultan
    udit. They give their advice and opinion so that others can make informed decisions, select the best course of action, or accurately forecast an outcome.

    Consultants, like freelancers, enjoy a wide variety of projects and earn their living by contracting for projects on a project-by-project basis. Unlike freelancers, most of their work is done outside of the home. At the end of the year, in addition to 1099s, they may also have some W2s to show for their work.

    Fields where consultants are especially common include financial planning, strategic planning, marketing, research, training, business planning, business review, computing, integration of new technology, medicine, psychology, and law. Entrepreneur vs. Freelancer and Consultant

    Freelancers and Consultants

    Freelancers and consultants sell themselves. Though they may have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consul

    What May Be Included in an Aromatherapy Gift Basket
    Are you interested in giving the gift of an aromatherapy gift basket? Although aromatherapy gift baskets are ideal for just about anyone, they make the perfect gift for women. If this is your first time buying an aromatherapy gift basket, you may be wondering more about them, namely what may be included in one. If you are, you will want to continue reading on.When it comes to examining aromatherapy gift baskets and what the contents of them may be, it is important to remember that aromatherapy gift baskets come in a number of different sizes, shapes, and styles. Many different individuals and companies make aromatherapy gift baskets; therefore, you are likely to
    have a few employees working for them, their focus is on getting a job done rather than running a business. What drives freelancers and consultants is the pleasure and satisfaction of working for themselves, setting their own hours, and deciding what projects they will or won't take on. They don't like to take too much risk.

    Entrepreneurs

    Entrepreneurs, on the other hand, sell their business. They focus on building something big, lasting, and profitable. They enjoy taking calculated risks and manifest their vision in the form of a business. For them, it's all about making it big and leaving behind a legacy.

    Some famous entrepreneurs include: Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick (founder of The Body Shop).

    Freelancers and Consultants as Business Owners

    Freelancers and consultants may decide to start up a small freelance or consultant business, although they have no interest in overseeing or operating a large company. They like putting themselves out there--just not too much. Freelancers and consultants are their product or service. Without themselves, their business is not sustainable.

    Entrepreneurs as Business Owners

    Entrepreneurs, on the other hand, are all about their business. Though they may start out small with only a few employees, it is just a matter of time before their small business expands. The very nature of an entrepreneur is to take risks, think big, and grow. Often, venture capitalists and other investors are involved. An entrepreneur's business is sustainable and can survive after they are gone.

    Conclusion

    Knowing the distinctions between the three very different categories is just the beginning. At the end of the day, it's all up to you to determine how you label yourself. Whether you're a freelancer, consultant, or entrepreneur, it's up to you to decide for yourself the kind of success you want.

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