Irene's choice of music this week
This time I feature a great track from a great German DJ
Ben Böhmer & Hifi Brother called Sonnenallee
which means in English boulevard of sun
Start listening and enjoy best as always with
(but not too loud please) 🎧
Serious thoughts about my business
Ok, so it’s time to get serious about my life again. I enjoyed very much the days traveling around the world, but now it’s time to focus on my next step(s).
As i live now again at home, in the Italian Alps, I finally got myself a weekly routine with working from home, lots of reading and learning, meeting up with friends and family, exercising a bit (I need to exercise more though) and enjoying summer days.
So here I am, 33 and I’m deliberated unemployed and working on my first freelance projects as an controller/accountant, writer and a HR-management-consultant.
My experiences in those three fields are:
- in total 10+ years of accounting, 3+ years on a senior level
- HR-management diploma and work experience for almost 2 years
- Writing / blogging since more then 31 weeks
Combining various skills for my business
As you see, I use all of the three skills (old and new ones) to work as a freelancer. I don’t have to rely on just one skill. I still need to find out which one(s) I want to focus more on. Even though I’m not sure if I want to scale down on just one skill!
Using different skills to generate an income leaves me less conditioned to just one business field. And I do believe that nowadays you need to have the 360° understanding of a business to manage one.
But back to now:
Since I’m deliberated unemployed for already seven months and my savings are gone, I need to start working on my numbers and to create my own formula: How much do I
need to work (as a freelancer) a week to cover my expenses aka living and maybe paying back some debts?
Money Money Money € $ 💰💵 💴
Luckily numbers are my thing! I’ve been a bookkeeper and accountant since I’ve been 19 and now I am 33. I worked with numbers many days for lots of years. Of course I didn’t just apply those formulas and tricks I’ve learned to my clients, moreover I applied them to me! I bought an apartment when I was 22 1/2 years old with almost no money. Of course I'm still paying back the mortgage each month, but that is so little, that rent would be more expensive. And I don't safe the money for later, I'm living in my own walls already since 12 years. Of course there are the high interests, but at least I have money invested in something valuable.
Because I don’t have a fix income at the moment, I need to start hustling for clients. Till now I didn’t go out there yet to acquire clients - which I probably should actually start soon. Why? It's simple: My expenses are higher than my actual income.
Therefore the numbers don’t match and I need to figure out the necessary and important information about my average expenses and the income I need to make. Once I
have those numbers, I can start to apply them onto my business. It should keep me out of the red numbers in my bank account.
Let's play LIFE
The theorie is well set...
...which I will explain more detailed next week!
What I now need is...
Quote of the Week
I wish you all a great summer Sunday.
Hopefully till next Sunday
Happy Chasing Dreams 3.0
And if you want to know more about my financial goals...
...then wait for the next stories