Two Heads are Better Than One

Freelancing is perfect!• Noone tells you what to do• You set your own hours• You can work with whomever you like• You can work from home in your pyjamas• Every client project offers new challenges and

opportunities to contribute• Your hourly rate is much higher than when you had a

“real” job

What do you want?

• Income• Focus• More challenges• Bigger clients• Time• Collaboration

• More talent = more capacity• More contacts• Shared costs• Decision support• Shared investment• Shared risk• Credibility• Backfill

Building a business can have advantages

1. Never go it alone

• Network• Cultivate relationships with subject matter

experts• Outsource whenever possible• Join associations• Attend conferences and meet-ups• Join a Co-Working Space

2. Make a plan

Think like a business owner– Allocate time to work ON your “business”– Identify a market opportunity– Dare to dream – write a plan to tackle your vision!– Identify the needed resources– Set goals– Get help

3. Productize

Can you create a new revenue stream for yourself that is not limited by your time?

4. Partner

• Seek out complementary skills & experiences• Develop a virtual organization or a formal business

partnership• Be proactive about subcontracting by identifying the

companies that do the work you want to do

Enterprise Toronto is a one-stop source of information and services

for the City’s entrepreneurs and small businesses.

Enterprise Toronto

• Free business consultations• Seminars & learning opportunities• Business registrations• Resource centre• Regulatory information

Our Web Site

www.toronto.ca/businesswww.enterprisetoronto.com

Contact information

Katherine RoosManager, Small Business

Economic Development &CultureCity of Toronto

Tel: (416) 395-7474Email: kroos@toronto.ca

LinkedIn: http://ca.linkedin.com/in/katherineroosTwitter: @KatherineRoos or @EnterpriseTO