WHAT’S THE DIFFERENCE BETWEEN FREELANCING AND ENTREPRENEURSHIP?
The difference between freelancers + entrepreneurs is that freelancers get paid to provide a service, while entrepreneurs have to plan, execute, and invest in a much more complex business model.
I think of freelancing as just your skill that you charge for and the client who’s paying for it. You find the clients, do the work, and they pay you. It’s a GREAT way to get to know your audience, which is the foundation to any successful business. You can learn more about that here [link to target audience sales page].
An entrepreneur is someone who invests (usually with someone else’s money) in a much more intricate + complex business model than the freelancing business model.
Entrepreneurship involves so many topics: business plans, business goals, target market + target audience, branding, website design + strategy, customer journeys, product pyramids, social media marketing, content marketing, email marketing, email welcome series, email nurture series, email sales series, and so, SO much more.
FREELANCING VS ENTREPRENEURSHIP DIAGRAM
SHOULD YOU CHOOSE FREELANCING OR ENTREPRENEURSHIP?
You can take one skill and apply it to both business types; however, which business type you choose to start with if you’re a beginner is important. I see a lot of people who try to jump head first into entrepreneurship when in reality, it would’ve been better for them to do freelancing first.
When you start with freelancing, it gives you the opportunity to work directly and intimately with your target audience. When you know your target audience, you’ll be able to create content they want to consume, create products they want to buy, and connect with them in ways that other people in your niche aren’t able to.
NOT TRYING TO SCARE YOU
I’m definitely not trying to scare you away from entrepreneurship. I think you can totally do it! However, it will be easier to do it when you’re able to answer the questions that entrepreneurs have to answer in order to actually bring their business into existence successfully.
Entrepreneurship requires you to answer a lot of questions related to the topics I mentioned previously (branding, marketing, etc). Those answers come SO MUCH EASIER when you just spend the time to freelance and build a relationship with a community that you build for yourself.