More than ever, people are turning to the concept of freelance entrepreneurship and finding it to be a temptation. We all know that the world has changed drastically in the past few years, and there will be countless new business ventures to come out of those changes.

What are the ideal skillsets for a freelance entrepreneur? What about the different paths one can take as an entrepreneur? Both those questions are going to be discussed in further detail down below.

What Is A Freelance Entrepreneur?

When people imagine an entrepreneur, they often picture startups or significant businesses. But a freelancer is also an entrepreneur, in their own way. They seek to make money, but on their terms and schedule. They have a product; themselves, and they have all of the critical characteristics of a successful entrepreneur.

Key Characteristics

While there’s no such thing as the ideal entrepreneur, specific skillsets and characteristics will help a potential business owner further along than not. Here are several essential characteristics: willingness to work hard, determination, responsibility, professionalism, communication skills, time management skills, initiative, self-discipline, and flexibility. These characteristics, and more, are discussed at further length in Interaction Design.

Use The Tools Available To You

Knowing what resources are available to you and how to use them is another key competent of successful entrepreneurship. For example, the first step in entrepreneurship, according to Entrepreneur, is to market yourself. The ability to sell yourself and your pitch on social media are vital. Just as vital as knowing which platforms to use and how to apply them best.

The Seven Paths

Jon Younger has a complete article discussing the seven different paths of entrepreneurship available on Forbes. The first path is Network Effects – think businesses like Upwork and Freelancer.com.

Next, you’ll need something that is both unique and valued. It would help if you had something to get the attention of your target audience. The third path includes finding a partner firm, a firm that will work with and support your venture.

The fourth path requires community building – gathering up a group of freelancers and turning them into something more like a team or community. An outcome-focused option would be the fifth path; this one would give you complete control over your freelance entrepreneur career. 

The final two paths focus on the small and the ecosystem. The small approach steps away from the network effects and takes a much narrower approach to the matter. While the seventh works with companies that host freelancing sites.