Taking on 2025

Well, here we are! The trap door opened, we all fell in and like it or not, 2025 has us in its grip. When the inevitable obstacles and setbacks disrupt the flow you planned for your business venture, will you be caught in a whirling vortex of problems—or might you somehow regroup and win a skirmish or two? Better still, will Fortune smile and hand you a big victory this year? More than likely, however, 2025 will be a test of strength and strategy that feels like you’re in a triathlon (swim, bike, run); cross-training, so to speak, will be the best preparation to get your entity in shape to compete and win.

Political instability, compromised national borders, cybersecurity breaches, a metastasizing housing crisis, unrelenting armed conflicts boiling on three continents and wildfires burning in rural and metro areas of the U.S. are just a partial list of adversities troubling the global economy and working against your attempts to make an acceptable profit. The need to develop resilience—the ability to adapt and prevail over unexpected, often destabilizing, occurrences—will be a priority for Freelancers and other small business owners in 2025 (and probably beyond).

More than just surviving, resilience means developing the capability to respond well to unexpected, difficult, events. Resilience gives you the courage to accept sudden, radical change and realize that if it happens, you must take charge and quickly assess the new business conditions to figure out your next move and design a well-executed pivot that aligns your business with the new normal.

As we move into 2025, it’s clear that Freelancers and SMBs must be ready to adapt to a rapidly evolving landscape. By behaving proactively and building up resilience as a defense against economic uncertainty, you can position your entity to not only survive, but thrive, in the coming year.

Master the challenges

How will you prepare for the trends, challenges and opportunities that Freelancers could encounter in 2025? Your must-do list is unlikely to hold any surprises but nevertheless, the evolving economic and political circumstances, global and national, are bound to bring about a shift in the relevance and interpretation of What Matters Now. At the beginning of the year, Freelancers and SMBs will be wise to adopt a big-picture view of their entity and focus on how to remain viable over the next 12 months.

• Review the pricing structure of products and services
• Update marketing strategies
• Identify potential new or niche markets
• Analyze the company’s financial condition
• Nurture client relationships
• Revitalize networking, with goals of developing new relationships and finding new clients

Enhance your brand and be visible

A trusted brand is a valuable resource during times of uncertainty. Clients and prospects gravitate to Freelancers who inspire trust, based on their reputation (brand) and online presence. Beyond showcasing a well-presented portfolio, Freelancers should actively engage on platforms like LinkedIn, as well as join or host webinars, get invited to podcasts, teach workshops or classes related to your core professional expertise at local colleges, business associations, libraries, or other credible venues. It is also recommended that you author informative blog posts, as a guest blogger or on your own site, and share relevant industry insights on social media. In other words, establishing yourself as a thought leader will increase visibility, enhance your brand and attract high-value clients. Showcasing your most desirable skills and competencies can help attract potential clients more effectively.

Social media platforms, most notably LinkedIn, which was designed for professional networking, is an excellent tool for staying in touch with past clients, posting articles you’ve written and connecting with others in your industry. Staying active on the right platforms can increase your visibility and encourage client acquisition.

 Optimize workflow by investing in AI-powered tools

As you grow your client list, you may at times find yourself juggling multiple projects. It’s the realization of your goal, but feeling overwhelmed and stressed can result. You can more efficiently manage your projects, instead of the projects managing you, by using one (or more) online productivity tools to streamline your workflow. From video communication platforms like Microsoft Teams and Goto Meeting to project management platforms like Asana and ClickUp, the right online tools will help to expedite your workflow. Incidentally, familiarizing yourself with one or more popular software tools can make you appear more competent, and therefore more marketable, to those clients who, all things being equal, prefer working with Freelancers who are familiar with their company’s preferred in-house workflow platforms.

Moreover, Artificial Intelligence is revolutionizing how Freelancers work in every industry—graphic designers can use AI to generate initial concepts for marketing materials they’ve been hired to create; copywriters can identify the most popular keywords to include. Marketers can discover copywriting ideas and conduct content analyses, accountants and bookkeepers can automate routine tasks and direct their focus to high-value work that clients appreciate, such as strategic financial decision-making. Staying updated on the latest AI advancements and incorporating them into your workflow will ensure that you deliver faster and smarter solutions for your clients. You will be wise to do some research and incorporate AI into your business.

Learn and grow by seeking client feedback

To achieve success, Freelance professionals must use all available opportunities to build a healthy client list; part of the process is to invite post-project follow-up, that is, client feedback. Understanding what is or isn’t working for clients helps you evaluate in real time your business processes and ensure that they reflect client preferences. Feedback can also lead you to make updates to your services and/or products, or introduce new features, add-ons, or upgrades that clients will value and buy. Demonstrating your attentiveness to feedback supports your goal of building a robust and loyal client base, which is another strategy that promotes stability during uncertain economic times—you’ll have a cushion. As you know, providing the best product or service and presenting a client experience that distinguishes your organization from competitors is a critical component of long-term success.

With your final project invoice, make it a practice to send a short survey and invite the client to share his/her thoughts about the experience of working with you. Some remarks may make you wince, but uncensored feedback is the best way to become aware of weaknesses and, on the bright side, discover opportunities for further growth. You could even discover a niche market, if several clients let you know that they’d appreciate it if you’d provide an additional product or service.

Finally, not only will post-project feedback help you learn a great deal very quickly, but it’s also a great way to show clients that their satisfaction matters. Routinely inviting client feedback can also enhance your brand and make you more marketable.

Routinely request referrals

Politely asking a satisfied customer to provide referrals of those who may be interested in your products and/or services is good business. Referrals can be requested in different forms, from asking a former client to write a reference letter for you to casually inquiring whether a client has any contacts who could use your services or products. However you pose the question, take care to use proper tact and time your request wisely. Additionally, be specific about what you’re asking for and include an opt-out to avoid any potential awkwardness.

If you don’t feel comfortable asking for a referral, asking for an online review can be a great alternative. Whether it’s posted on the profile page of a social media site like LinkedIn or appears on a business ranking site such as Yelp or Trip Advisor, reviews are just as important for Freelancer professionals as they are for SMB owners.

Thanks for reading,

Kim

Image: © Ogden Pioneer Days Rodeo. Since its debut in 1934, the Pioneer Days Rodeo has ranked as one of the top five large outdoor rodeos on the Professional Rodeo Cowboys Association circuit. Shown here is an image from July 2021.