 So today I wanted to make a video that applies to all of you out there all of you freelancers No matter what type of freelancer you are in fact, no matter what type of entrepreneur or you know anyone who's kind of setting out on their own this will apply to you and It came to my mind because one of my students one of the people taking my course was making a comment and saying how he is Kind of getting no return or you know, he feels he's getting no return or very little return for the effort he's putting in into you know, trying to build up his business and create a new business and It struck me because that actually is very true. There seems to be no correlation between how much effort you put in and how much you get out definitely at the beginning and And and I think you know that because you're used to something like if say if you're studying for a test or something The more you study the better you do, you know by and large You're trying to work out the more you work out the more muscly or fit you get and and stuff like that but So you feel that if you're setting out say as a freelance translator and you start putting in a lot of effort You should you should see more returns, but many times that doesn't seem like the case and so the reason for this is And it's because you're just starting out and I guess with everything It's a bit, you know, it's kind of like that when you first start working out say you don't see much You don't see many results, but over a while you start seeing more and more and this is all the more so true with Freelancing with freelance translation and the big reason for this at least in my experience is that at the beginning You're actually wasting a lot of effort And a lot of the things you do are kind of wasted energy Unfortunately, there's no way to know what kind of effort is wasted and what isn't until you because this changes for every person, right? and this will change depending on, you know, what your skill set is and What types of clients you can find and what type of clients are available for your certain language combination your specialization the area you're in or just pure luck and So, you know a lot of the effort you put in a lot of the people you try to contact a lot of this stuff You put a lot of effort in won't pay any rewards, you know At least not now and you don't see any benefit coming in from all the effort you're putting in So but what what's gonna happen? What's gonna happen is less and less and less of this So the effort you're wasting and you know the effort that you're putting in that doesn't get any results Over time you'll start noticing that certain things don't get results while certain things do and So you can figure out what does get results and what doesn't and start concentrating more and more on what does get results And as a consequence things that do get results will pay compound interest if that makes any sense Let me give an example You realize that you're targeting certain types of clients that you don't get any results And you're targeting other types of clients and you do get results say you target as an example, you know financial Clients and legal clients financial ones. You're not getting results legal ones. You're getting a lot of results So what you can do after a while is stop contacting the financial ones and just contact the legal ones So suddenly you you're putting in half as much effort or you know If you put in the same amount of effort you're gonna get double the results or quadruple you know, whatever it is you're at least gonna get results and here you're getting none and For the same amount of effort because you're still contacting clients But they're all here and then what happens there is that you get You're targeting more you you get more used to them you target them more and you start learning what they need and so this is what I mean by compound interest because you get you understand the industry or understand what they're looking for and this is all based on your past experience and so you take this over time and what happens is you're wasting less and less effort and you start really getting good at what at knowing what works and what doesn't and what you should be targeting and And so this means that over time You'll be putting in very little effort for a lot of reward if that makes any sense you start off putting in a lot of effort for very little or no reward and But over time that ratio starts to shift until at a certain point you realize that getting clients isn't so hard I mean, it's always an effort But you kind of know what formula works for you and at least what has been working and many times You need to tweak it or change it or you want to try new things and that's fine but you kind of do have a Formula for lack of a better word a system Let's say that helps you do it a system is better than a formula because there's no Guaranteed outcome, but you do have a system to try to find out what works and what doesn't so and You know and and that's That's usually how it works at the beginning you see very little reward very little results for all the effort you're putting in but Over time you start realizing that you do see results and then you start realizing that hey these results are coming a lot more easily than I remember from you know when I first started out and And yeah, it just starts getting easier and easier the big question of course is How much time passes from when you first starting out and you don't see results to when you do start seeing results and There is no answer because this changes for everyone, right? And a lot of it has to do once again with your skillset with your language combination with pure luck and everything else So what I try to do with all of these videos by the way I'm with my course and all that is to help out that process Unfortunately, there is no system you follow ABC, you know these things and you're guaranteed success. This isn't like I mean, you know, unfortunately, this isn't like class where you know if you study your vocab, you can get an A here You can study all the right vocab, but it's life And so there's always that that unknown X factor that comes in and you never know what'll and you know what'll work and what won't and so it really takes experience to figure this out and to figure out how to Find what works best for you and what doesn't so time is an unknown here Unfortunately, that's what kind of gets a lot of people down They try it and feel like they've been trying it for a long time and nothing works And so they kind of give up but those people who persevere in a way you kind of have to persevere past what is Logical almost because you're like I'm putting in all this effort and not getting any reward But it's the people who keep going after it And so it really is people who really like doing it because you kind of have to keep going past that point and then you start seeing results and Yeah, that's based on my experience. That's how it works and For the most part there is no set formula, but you can create sort of a system that works for you and that helps you get Try to find new clients and helps you find a way of identifying these new clients and seeing what works and what doesn't so You know at the beginning it will be slow and at the beginning You know anyone who tells you you can find success like that Or they have a formula that guarantees success stuff like that is lying and as with anything You know along those lines because they really they're there's certain ways you can try to avoid making mistakes you can learn from other people's mistakes and Definitely from your own mistakes and so for this reason I think it's very important to take stock of what you're doing try to keep track of who you contact in what industry They're in you know what type of client they are especially when it works try to keep track of what works out and as compared to what doesn't because Then you start noticing patterns and you start getting an idea you believe oh every time I target You know potential clients in this country say it really works out or who do this or who'd need this kind of job done It really works out, you know when people need a job done quickly. It really works out Maybe I'm just a lot quicker than most other translators or anytime someone needs something done over the weekend It works out because I have no problem working on the weekend But some other people might things along those lines and they're very hard to identify Until you've been through it and then you start getting an idea and then you can start identifying it And that really helps you push forward So it really does help to take stock to try to keep track of what works and what doesn't Otherwise just keep putting the effort in you know just keep putting it in and I know it at many times It might seem that it's useless and you don't see any rewards But just know that everyone else is going through the same thing and a lot of people are giving up and if you keep Persevering then you you know, you're beating out the competition those who give up because you keep going and going and You know sooner later you will find success But it it really it changes for each person So you need to kind of push back past that barrier Where you start seeing results from your efforts and from then on really it does get simpler It doesn't get easier let's say but at least it gets more straightforward because you know what to talk focus on what to target Etc. Etc. So anyway Hopefully you can find this useful. Hopefully it's not too depressing, but rather motivating because even if you feel like you can't see the light at the end of the tunnel it is there and you know You just need to keep pushing and keep going and that you know This is especially for you people who are just starting out and who may be feel like you've been Doing all this work, you know right at the beginning and you and you're not seeing results keep going and you know the results will come and Unfortunately, you just have to keep pushing and keep pushing. You're doing the right thing You know then try to keep focusing on it focusing on what works and and focus on and you know, you'll get the results so anyway Hopefully you can find this useful for for what you're doing again. This applies to all types of freelancers and otherwise, I will see the next video and Please like this video if you find it useful Please don't forget to subscribe if you haven't and I'll see you next time. Thanks. Bye Save Doom