Keeping Trade Secrets, Well, Secret

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Comments

The Internet is awash with people telling us how to make money online, how to be a better writer, how to get more jobs through Guru.com, and other important tidbits of information. Although I am the first person to tell you NOT to believe everything you read on the web, there is often a nugget or two of actual value in these blog posts and articles (especially if you’re reading them here on Freelance Parent!). After all, a blog like ours is designed to be transparent – we share what’s going on in our freelance business, what works, what doesn’t, our successes, and all the missteps we make along the way.

That being said, I’d like to let you in on a little secret…you don’t know all our secrets. That’s right. There are some business practices that Lorna and I keep to ourselves – and have no intention of ever divulging.

The reason I bring this up is because we just hired a virtual assistant to help us with some of our weekly administrative tasks. (Yay us!) In order to allow her to do her job properly, we will have to share one of these well-guarded trade secrets. Oh, it’s not the one-word answer to finding high-paying jobs or an instant code for access to Elance’s back door; these things are the Holy Grail of the freelancing world, and we gave up searching for them after our first attempt at the last crusade. Really, it’s just a neat little trick we discovered for landing clients who might be on the fence about hiring us. If we shared it, it would diminish its effectiveness, so we keep it to ourselves and reap a few benefits.

Now, I’m really excited about our VA, and I have no qualms about giving her this little secret of ours to further our business, but it did make me start to think about the other secrets being clutched to virtual bosoms around the freelancing community.

In reality, trade secrets are nothing new. Coca-Cola has one. The Colonel has one. They’ve been around for as long as healthy competition has been driving big business, and most of us aren’t really affected by them. Because, really, how many of us aspire to re-create the taste of Coke and open up a beverage conglomerate?

However, when you start to look at these kinds of secrets on a different type of scale – say on the scale of hundreds of freelancers vying for a single job and only one landing it – these secrets actually take on a pretty big meaning. They can even mean the difference between success and struggle.

While I’m certainly not asking anyone to divulge what they might guard as their own trade secret of freelancing, I am curious if this is more common than it first appears. Do you share all the tricks you’ve learned to boost your business, or are there just some things you nourish as your own?

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Comments

1. On November 11th, 2008 at 8:03 pm, Genesis said:

Hmm, interesting. I`d like to know if it`s common, too. Personally, I don`t have any particular top secret method to getting work (apart from networking with people who DO have secrets), but maybe I should?

I don’t have any secrets, but I did want to say again how I excited I am to be working with you both soon! And I get to know a secret?! Cool, and it will stay secret of course, us VA’s are good at keeping client confidences!

Laurie/Halo Secretarials last blog post..Gmail plus Calendar and Docs

3. On November 12th, 2008 at 3:15 pm, Allena said:

Do these count as secrets:

“Marry rich and aim for print.”

lol I’m kidding people, KIDDING! ;)

4. On November 12th, 2008 at 6:55 pm, Rachel said:

My secret is all in the attitude. Gotta think success and you will start to see it everywhere. Practice caution online of course and always remember “buyer beware”…but aside from that, have perseverance and think positive. Before you know it doors will open. Walk through the right ones and you are good to go! :)

Rachels last blog post..What’s with the attitude?

5. On November 13th, 2008 at 2:19 pm, Deb Ng said:

For the most part I share what I know. I do have one or two tricks up my sleeve, but I do like to recommend some secrets to success.

(And no, I never kept the good jobs to myself)

Deb Ngs last blog post..Back to Basics: Step 1 How to Get Started Finding a Freelance Writing Job

6. On November 14th, 2008 at 11:18 am, Freelance Dave said:

There are no secrets.

There is work ethic, under promising, over delivering, offering services that you can deliver and spending a lot of time marketing your services to build a client base and keep marketing because of the client churn rate.

7. On November 14th, 2008 at 12:15 pm, Stacey said:

That’s interesting that you are talking about trade secrets this week — the same week that hedge fund managers went before Congress to defend their secretive practices. I suppose it happens in any industry.

What do I think? No wisdom to share here. My business is suffering from a few deals that went bust along with neglect as I concentrate on school-related activities and my full-time job. But I am jealous of Laurie – awww, *I* want to be your VA! :-)

@Genesis – I suspect that may be your secret.

@Laurie – We’re excited to work with you, too. It’s amazing how much time we spend talking about/planning for you, and we haven’t even trained you yet!

@Allena – You know, they say it’s just as easy to fall in love with a rich man as it is to fall in love with a poor man… ;-)

@Deb – Yeah, a trick or two up the sleeve is a good thing, I think. Otherwise we’re all the same, and where’s the fun in that?

@Dave – I suppose there really is nothing new under the sun, and all those things you mentioned are really the best way to build a solid business. Still, we like having a couple of things that we think of as “ours.”

@Stacey – Well, we’re certainly not doing anything sneaky or underhanded. We just don’t want everyone else to start doing it because then it won’t be effective for any of us. As for the VA thing, I put out the call via Twitter. I should definitely keep FP in mind when we’re looking for new talent!

9. On November 16th, 2008 at 3:16 pm, Emma said:

It’s an interesting thought. But don’t each of us have a homemade recipe for chicken that tastes great (perhaps better) and at half the price of KFC?

I have to say that right now I’m sharing all of my secrets, because I’m a fledgling freelancer and I don’t have any trade secret to keep secret… yet. I’ve found business to be coming in too quickly, and I’m not afraid to share everything I know.

Emmas last blog post..Sticking to Your Freelance Writing Goals



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