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4 Tips For The Self-Employed Tradesman

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Branching out and becoming self-employed can be both exciting and frightening but worth it for the extra control you can have over your work. You will, however, need to take note of a few things before you get started as there are a few things you need to keep on top of. If you’re currently a self-employed tradesman, or looking to become self-employed, read on for some tips you may want to take on board.

Insurance

Even though insurance may seem costly, you never know when you might need it. There are many different types of insurance you can take out, so it is important that you choose what is best suited for you. Remember to also insure your tools, equipment, and anything you may use on a regular basis as well. If you are a little bit confused about what type of insurance to take out, contact a specialist such as Tradewise Insurance who will be able to guide you in the right direction.

Advertising

Word of mouth is considered to be one of the most effective and free methods of advertising. However, if you are finding that work is a little scarcer than you would like, you may want to consider advertising on places like Gumtree, your local newspaper, or even distributing flyers around your local neighbourhood. If you’re just starting out, it may be difficult to get clients if they don’t even know that you exist – advertising can help you get your name and services out there.

Service

Provision of high quality customer service is paramount when it comes to being self-employed. There are plenty of other tradesmen out there who can take your place in an instant, so it is important to be punctual, and to complete your work to the best of your ability. Build a rapport with your customers, so they will keep you in mind for other jobs they might have and maybe even recommend you to their friends. You never know where putting that extra bit of effort will take you.

Accounts

Taking care of your accounts may seem boring and time consuming, but it will help you out immensely when it comes to doing your taxes. Make sure you keep strict records of everything you do and keep the receipts and invoices from all your jobs. Put in all of your income as it comes in, and don’t be slack! Arrange for one specific day or time a week to get all of this done and out of the way so you don’t have a backlog of work to do at the end of the month or year.

Being self-employed can be tough, but it can also be a lot of fun. Just make sure you have all the necessary strategies and processes in place and you will be good to go!

Are you currently a self-employed tradesman? Do you have any tips for those who are planning on embarking on a similar path? What have you found most useful and what types of things do you avoid? Leave your thoughts in the comments section below.

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Trump Comments on Stock Market’s latest drop – says it’s ‘peanuts’

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Trump says Tuesday’s market drop is ‘peanuts’

President Donald Trump played down the stock market’s losses on Tuesday as “peanuts” when compared with the importance of striking a good deal with China and the gains since his election.

The Dow Jones Industrial Average “was about 16,000 or 15,000 and now it’s almost at 30,000,” Trump said at the NATO summit in London. “It’s going to be at 30,000.”

“If the stock market goes up or down — I don’t watch the stock market. I watch jobs. Jobs are what I watch,” he added. Today’s move is “peanuts compared to — we have picked up record numbers so that’s OK. That’s the way I feel.”

The major stock indexes slid Tuesday after Trump said he thinks it would be a good idea to delay signing a trade deal with China after the 2020 presidential election. The Dow Jones Industrial Average fell more than 450 points at its lows on Tuesday, led lower by trade-vulnerable AppleCaterpillar and 3M.

“In some ways, I like the idea of waiting until after the election for the China deal, but they want to make a deal now, and we will see whether or not the deal is going to be right,” Trump told reporters before U.S. markets opened Tuesday. When asked if he had a deal deadline, he added: “I have no deadline, no. … In some ways, I think it is better to wait until after the election if you want to know the truth.”

Despite his assurances that he doesn’t watch the market’s daily moves, Trump often tweets within hours of when the U.S. equity market reaches an all-time high. He has tweeted the keyword “stock market” 107 times since his inauguration

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11 kids quotes we’re all feeling

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Ok so there’s always that time when you just wish so bad you could straight up say whats on your mind, but you know you really shouldn’t, so you don’t. Well leave it up to kids to say exactly what you’re feeling, no hesitation or regret. Check out these kids quotes that say everything you wish you could!

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THIS IS A WHOLE (FOOD) MOOD.

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Saturday savagery (submitted anonymously) #savage

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Why do kids say the darndest things? Comment with your favorite!

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How to become a better businessman in 6 steps; Priceless advice from Entrepreneurs

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Become a better businessman in 6 steps following this priceless advice from accomplished entrepreneurs.

  1. “Do something you’re very passionate about, and don’t try to chase what is the hot passion of the day.”

    Jeff Bezos accentuates having passion for what you are doing, because if you don’t love it you are much more likely to give up. It’s hard to take an idea and turn it into reality, especially by yourself or when people whom you respect tell you it can’t be done. The passion and love you give to your project will determine it’s success rate over time.

    Jeff Bezos Become a better businessman

  2. “Don’t let people who you may respect and who you believe know what they are talking about tell you that it can’t be done.”

    Pierre Omidyar continues to say that often they will tell you it can’t be done and that’s only because they don’t have the courage to try it.

    Pierre Omidyar become a better businessman

  3. “If you know exactly who you want to be, you need to spend as much time [as possible] with people that are actually that already.”


    This advice from Gary Vaynerchuk is actually priceless when it comes to success in the business world. Think as well “It’s not what you know but who you know,” and surround yourself with people you look up to. Human’s adapt to their surroundings quickly, and soon you won’t just want to be an entrepreneur, you will also know how to act like one.

    Gary Vaynerchuk

  4. “Come up with 10 new ideas every day.”


    Coming up with at least 10 new ideas every day will keep your “idea muscle” in shape, which is critical for an entrepreneur in order to keep going and stay ahead of the fast paced business world. James Altucher continues to say that once you’ve done this for about 6 months you will be an idea machine. New ideas keep passionate projects alive and ensure growth in every direction.

    Read Next: Working for yourself; Pros and Cons

    James Altucher become a better businessman

  5. Realize that, “naturally, nobody is interested in your ideas. You have to persuade them, and you have to show them that you are the one person out there that can do it.”



    Robert Greene, an American author known for his books on strategy, also says that “no one is really going to help you or give you direction.” Realizing this sooner than others will give you a head start and the ability to stop looking for recognition in others. Instead, you can focus on your passion project and make it perfect, and the world will not be able to ignore it.


    Robert Greene


    More about ‘Mastery’ by Robert Greene

  6. “Don’t think about ‘how do I get big fast.’ That will happen if you build something meaningful and important.”




    How to encourage teamwork in your organisation


    Danae Ringelmann’s advice is not something to skip. If you rush your ideas or your product you will be relying on luck more than anything to create success for you. While luck is certainly involved in alot of things, relying on it or betting on it to ‘get big fast’ doesn’t help you become a better businessman. Being proud of what you create, instilling passion into your work, and working hard will ensure success more than anything.


    danae ringelmann

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