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What’s the Difference between a Freelancer, Consultant, or Entrepreneur?

Remember the sad little bird from P. D. Eastman’s well-known children’s book Are You My Mother?

The one who hatches from his egg when his mother is out looking for food and has no idea who he is?

By the middle of the novel, this befuddled hatchling is experiencing a full-fledged identity crisis, running around telling everybody, “Are you, my mother?”

That’s how it works in the industry.

We throw the words freelancer, agent, and entrepreneur around as if they were synonymous, which they are not. Our customers are occasionally perplexed. We are always guilty of this as well. When we are unclear about how we sell our goods and services, prospective customers are unsure whether or not to recruit us.

What’s the distinction?

A freelancer is described as “an individual who works individually without being associated with or coordinated by an organization; who pursues a career without a long-term commitment to any one employer” by Merriam-Webster. A contractor, on the other hand, is “someone who provides specialist technical guidance or services.” The entrepreneur, who “organizes, controls, and absorbs the burden of a company or corporation,” falls into an entirely separate group.

Consultant vs. Freelance

Technically, there isn’t much of a distinction between consulting and freelancing. Both are private contractors that work for a variety of clients. They are in charge of their own lives. The primary distinction between the two is that one provides technical or specialist guidance and the other provides a deliverable.

Freelance staff

Freelancers provide a deliverable, which is something concrete and tangible.

Writing an article for a newspaper or magazine, creating a website for a client, or painting a commissioned artwork for a building opening are all examples of deliverables. Freelancers come in, do their work, and leave. They make a living by contracting for jobs on a project-by

project basis and they often enjoy a number of assignments when working from home. They’ll have plenty of 1099s o show for it by the end of the year.

Journalism, publishing, copywriting, computer engineering, software creation, graphic design, film making, landscaping, architecture, translation, fine art, music, and acting are all common fields for freelancers.

Consultants provide technical or specialist advice to managers. They can come in to assess how a company’s manufacturing practices should be streamlined, or they can have a technical opinion on an accounting audit. They have guidance and opinions so that people can make better choices, choose the right course of action, or correctly predict an outcome.

Consultants, like freelancers, enjoy a wide range of assignments and make a living by bidding on projects on an as-needed basis. Unlike freelancers, the majority of their work is undertaken away from home. They may have several W2s to display for their work at the end of the year, in addition to 1099s.

Financial forecasting, strategy planning, marketing, testing, teaching, business planning, corporate review, computing, emerging media development, nursing, psychology, and law are all areas where consultants are in high demand.

Consultants and Freelancers

Consultants and freelancers advertise themselves. They may have a few staff, but their primary focus is on getting the job done rather than running a company. The joy and enjoyment of working for themselves, choosing their own hours, and determining which assignments they will or will not take on are what inspires freelancers and consultants. They don’t want to take too many chances.

Business owners who are self-employed

Business owners, on the other hand, sell their business. They are intent on creating something big, long-lasting, and profitable. They love taking calculated risks and putting their vision into action in the form of a company.It’s all about making it big and leaving a name behind them. Bill Gates, Donald Trump, Martha Stewart, Oprah Winfrey, Hugh Hefner, Michael Dell, Mary Kay Ash, Debbi Fields, and Anita Roddick are several well-known entrepreneurs.

Freelancers and Consultants as Business Owners

While they have no interest in managing or running a large enterprise, freelancers and consultants may decide to start a small freelance or consultancy business. They like getting themselves out there, just not excessively. Their good or service is freelancers and contractors. Their company would not be able to survive if they did not exist.

Entrepreneurs in the Position of Business Owners

Entrepreneurs, on the other hand, are completely focused on their company. Even if they begin tiny, with just a few workers, it is only a matter of time before their small company grows. An entrepreneur’s very nature is to take chances, dream big, and evolve. Venture capitalists and other participants are often involved. An entrepreneur’s company is sustainable and will continue to exist after it is gone.

In conclusion

Knowing the differences between the three separate divisions is just the beginning. At the end of the day, how you label yourself is entirely up to you. It’s up to you, whether you’re a freelancer, agent, or entrepreneur, to determine what type of success you desire.

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