Short excerpt from a YouTube conversation (Eric Deeran) about why freelancing limits earning potential: freelancers may be excellent at technical tasks (shooting, editing) but lack the business skills—hiring, payroll, systems, lead generation, marketing, sales—needed to scale beyond trading time for money. The speakers note freelancing caps growth because one person has limited hours.
It's like you're a freelancer but when you want to turn this into a real business it's a whole different skill set because like as a freelancer you can be really good at shooting and editing but if you don't know how to actually, you know turn that into a business where you hire other people to shoot and edit you do the payroll, you run the the systems you set up lead generation marketing sales systems so you can actually run the business properly like that's a completely different ball game you know and it's a different skill set at the end of the day.
Yeah 100 and the cool thing is that what you teach and the business side of things learning those skill sets ultimately allows you to scale and break that break out of that that cap that freelancing has over people because if you really think about it freelancing and doing everything yourself you're limited because yeah.
Because you only have 12 hours a day. Right. Maybe.
