gidgey / ThrivingCommunity

You can't have a thriving codebase without a thriving community.
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Financial Health #3

Open gidgey opened 6 years ago

gidgey commented 6 years ago

Financial health is also important to a thriving community. You can't keep giving back when you're so broke, you're stressed and overwhelmed.

In my career journey that ended up with me as a freelancer, this is what I've learned.

1. Believe you are worthy.

If you don't believe you're worth $150 an hour, you won't charge it.

2. Understand what you cost.

If you don't know how much time you spend on a project, you don't know if you're profitable. This also means taking into account your expenses.

3. Exploring other business ideas.

This is where failure is a great teacher. Sometimes the ideas we have come from iterating on our own ventures that aren't working. Be open and agile to new idea.

gidgey commented 6 years ago

See also

https://womenwhowp.org/why-is-job-costing-important-to-a-wordpress-freelancer/