entertainment industry coach question 262: How do you live off of freelance?

You recognize that being a freelancer is the equivalent of being an entrepreneur. You treat your business the same way any CEO of a company would treat his/her company. In addition, you recognize the nature of being a freelancer. That means that because work could potentially be feast or famine, you save for "rainy days."

What I personally encourage my clients to do, is:

CREATE MULTIPLE STREAMS OF INCOME!

I once believed that if I spent even a week taking a vacation, that it would cost my entertainment career. It didn't. Nor did having a supplemental, full-time, income job for 11 years. People in our industry are so afraid to take the time to build an additional income stream. You can choose fear, or you can take a risk. With fear, you know you'll never get any supplemental or passive income streams going. With risk... you never know.

For more tips and articles by the top entertainment industry coach, the Greenlight Coach, visit www.theGreenlightCoachBlog.com