Managing cash flow as an infopreneur

by Holley Hughes

Most AIIP members run solo businesses, so managing cash flow is vital at all stages of business – from getting started to managing larger projects.

In the April AIIP member-to-member webinar Marge King shared her perspective on how independent info pros can strategically manage their cash flow.

In conversation with webinar moderator Mary Ellen Bates, Marge talked about key aspects of understanding and controlling cash flow and the necessity of knowing the relationship between breakeven point and optimum product pricing.

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I wish I had known

One of our new members recently asked what we wish we had known when we first launched our infopro businesses. Read on for some of the top tips our members had, collated by Mary Ellen Bates.

Whether you are new to infopreneurship or have been in the business for years, these insights will probably resonate with you as you move your business, or business idea forward. Continue reading I wish I had known

What’s the value of being a member of AIIP?

With the AIIP 2018 Annual Conference just around the corner Mary Ellen Bates shares her thoughts on the one of the key benefits of AIIP Membership.

I’ve often been asked about the value of membership in AIIP, the Association of Independent Information Professionals. My first response is always that AIIP is the most collegial group of people I have ever met.

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Takeaways from AIIP’s Conference

You know you have attended a good conference when you are still thinking about what you heard months later. AIIP’s latest annual Conference was one of those conferences for me – A post by Mary Ellen Bates

The 2017 conference focused on pivoting as a strategic approach—something that we infopreneurs do continually as we adjust to our clients’ changing needs and pain points.

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Help at hand for finding clients

One of the most common questions AIIP volunteers hear when talking with new info-entrepreneurs and those considering the leap to self-employment is whether AIIP can help them get clients.

They wonder if there is a job referral board, programs to promote members’ businesses, or tools for getting subcontracting work from other members.

The answer is that yes, AIIP offers the tools and resources for each member to attract the kinds of clients that are just right for that person’s skills and expertise, but these tools don’t take the form of a referral program or direct client outreach.

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Hiding in plain sight

The information profession is vast, almost undefinable. At AIIP, we carve out our niche as infopreneurs with many research-based specialties including competitive intelligence, information management, marketing research, and pharma research. As diverse as our business specialties may be, “we are more alike, my friend, than we are unalike.” –Maya Angelou.

Our likenesses stem from running our own businesses and from being experts in aspects of finding, analyzing, managing and sharing information. The person next to you may be a private investigator, writer, marketer, patent researcher or a win-loss expert. We have a myriad of experts hiding in plain sight.

And therein lies the beauty of AIIP. The value we offer each other is that we are all teachers and learners.

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