Showing posts with label client. Show all posts
Showing posts with label client. Show all posts

Sunday, November 24, 2019

Famine relief – Profiting from lean times



Most freelancers, including translators, suffer the extremes of work demand. A period of having to refuse work is suddenly followed by one of seeking work.  To one degree or another, this instability is a part of doing business.  As such, the freelancer must learn to cope with it both psychologically and actually benefit from the free time. The key to keeping in an even keel in those quiet times is to view the free hours not at a threat but instead as an opportunity.

To clarify, the cause of the quietness on the email front may be known or unknown. Worldwide, August and the three weeks from December 15th to January 6th are great for retailers but awful for service providers simply because most non-retail businesses close or go in sleep mode. Likewise, national and bank holidays affect transactions for one to three days.  A quick Google search can quickly identify the various and multifarious off-days of a given country.  In fact, in Israel and many countries, there is the term “after the holidays” to explain why nothing can be done during certain times of the year. A hidden factor may be an internal company matter or specific sector crisis. The long term and fundamental causes of downtime are slow but constant trends in the economy or business sector, such as a recession or conglomeration, which change the supply and demand curve. Clearly, a despairing freelancer can often but not always find a comforting explanation for the down trend.

A time to breath after a long stretch of intense work can actually feel quite refreshing.  It is the ideal moment to clean up unfinished matters.  These include ongoing accounting or financial issues, bill collecting, financial reporting, email correspondence and inventory, to name just a few. Given the importance of the Internet for most businesses, it is vital to periodically review and revise all profiles, brand identifiers and approaches.  All these tasks tend to be postponed while work is heavy but must be carried out in order to maintain a business.  In industrial management terms, these actions are considered productive even if they are not lucrative since they must be performed in order to maintain business efficiency.

Having completed these essential tasks, the freelancer can use the time to develop known potential contacts. During busy periods, the names of people and companies that could turn into clients come up. The quiet now makes it possible to carefully consider the manner of developing these contacts and actually follow up. Not only is this time productively spent but such actions are an essential part of future growth.

For sole proprietors, the background quite allows them to switch hats and become the director of marketing and research.  The problem with being a freelancer is the multiplicity of roles that need to filled and leads to the problem of “jack of all trades and master of none”. With only one hat on the head, the entrepreneur can analyze, research and discuss macro medium- and long-term trends and decide on actions to take to stay in line with them. Such a process requires time and concentration, which is only generally available when work is slow.

Of course, business people are also human.  Quiet times provide the best opportunity to spend time with family and friends without watching the clock. Short and even long trips become possible. It is a great time to lose a few grams of extra weight or see nature (or pick mushrooms as we do.).  It becomes possible to put a check on household tasks that have been put on hold for months or higher end purchases that must be considered carefully, such as buying a car. 

The message is that down time can be up time, both psychologically and operationally. It is the ideal time to accomplish all tasks that cannot be or simply are not handled when work is aplenty. As such, the freelancer can more easily maintain a good attitude and worry less. Remember that growth in children occurs when they sleep. Likewise, freelancers prepare their growth when business is slow. They can profit from the worst of times no less than from the best of times.

Thursday, April 10, 2014

Loaded Words

Some medicinal plants can be both helpful and harmful.  It is a only a matter of correct use.  Likewise, many words that are appropriate and acceptable in one context should be absolutely avoided on other contexts. In other words, they carry a linguistic load that adds an unwanted meaning to the sentence.

One example is the word exploit.  It is clear and socially acceptable that every mine owner wants to exploit the maximum from that mine.  However, should s/he want to exploit the coal miners, it might lead to a strike or bad publicity since the word exploit has become a synonym for abuse when it comes to people.  Instead, an effective manager should try to get the best results from his/her personnel.  The same would apply to collaboration.  Two businesses or people may collaborate, that is work together, to achieve a result, often a highly effective and applauded effort.  By contrast, collaboration in politics implies the stench of working with the enemy and preferring short-term over national interest as many individuals and companies did during World War II under the German occupation.  Political leaders would better choose bipartisan politics.

Similarly, if a person has discriminating taste in wine or food, s/he can detect class and quality, which is quite good.  Should the person discriminate in the matter of people, the matter could end up in a court of law as discrimination in employment is illegal.  It would be better to have a good eye for people.  Likewise, every attorney knows and writes that a given relief does not prejudice any other relief available according to the contract and by law.  This means that just because I kick you out of the apartment for not paying rent does not stop me from demanding damages.  By contrast, an apartment owner that refuses to rent to non-whites shows prejudice, which again may have him/her in court again.

On a less criminal level, lawyers and prostitutes, quite a funny combination, have clients.  Most other businesses have customers precisely to maintain a good reputation.  Who would want to be associated with those professions, even if most people use either or both during their lifetime.  For those people who are careful buyers, If you buy something cheap at a swap meet or 5 & 10 shop, this is okay because expectations of quality are low in any case.  However, if you say that a product is cheap, this refers not only to the price but also to the lack of quality, which is not exactly a complement on your shopping skills.  By contrast, there is nothing wrong with buying inexpensive goods.  Persians and Scots would only admire you.


So, watch out when using these words.  You may end up saying something you did not mean and getting a bad name or worse.  A word to the wise is sufficient.