Latest / Solopreneur Sessions with Fexingo: One-Person Businesses, Freelancing, and Independent Work
The Solopreneur's Client Portfolio Risk
Most solopreneurs build their businesses on a foundation of client concentration that looks stable until it isn't. In this episode, we dissect the 'Key Person Dependency' trap facing independent consultants and freelancers today. We look at a specific case where a graphic designer lost seventy percent of her revenue overnight when her primary client pivoted strategies, and we break down the math behind portfolio diversification. How many clients do you actually need to sleep well? We discuss the optimal number for risk mitigation, how to structure contracts to prevent sudden…
The skinny
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