Should You Ever Work For Free? A Smart Business Strategy Or A Red Flag? I Hate Numbers: Simplifying Tax And Accounting podcast

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Should You Ever Work for Free? A Smart Business Strategy or a Red Flag?

1d ago 9:37

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“Can you do it for exposure?” If you've heard that before, you’re not alone. Whether you’re a designer, coach, accountant, or small business owner, requests for free work are common—and controversial. In this episode of the I Hate Numbers podcast, we unpack when working for free makes sense, when it hurts your business, and how to navigate those tricky requests with professionalism and confidence.

Main Topics & Discussion

When Saying Yes Might Make Sense

Exposure & Visibility Speaking at industry events or collaborating with the right audience might open doors—if the value exchange is clear.
Building a Portfolio When starting out or pivoting, unpaid projects can build credibility and act as proof of concept—but only as a short-term strategy.
Passion Projects & Volunteering Sometimes, working for free aligns with your values. Whether it’s helping a charity or supporting a cause, do it for joy—not obligation.

The Real Cost of Free Work

Unpaid Bills Exposure doesn’t cover rent or fund your business growth. Without income, your business becomes a very expensive hobby.
Devaluation of Your Work Free often signals low value. It affects how others see your expertise and sets a difficult precedent when you eventually want to charge.
Burnout & Resentment Taking on too many unpaid gigs leads to frustration, exhaustion, and a loss of motivation.

5 Questions to Ask Before Saying Yes

What do I get out of this?
Am I choosing this, or being emotionally manipulated?
Can they actually afford to pay me?
Will this set a long-term precedent?
What does my gut say?

How to Say No Professionally

“Thanks for thinking of me. I’d love to help, but I can’t take on unpaid work right now.”
“If you have a budget in future, I’d be happy to chat.”
“It wouldn’t be fair to my paying clients.”

Be polite but firm. No need to apologise. Read your message aloud before sending.

When Free Can Be Strategic

Treat it like a marketing expense: proof of concept, brand visibility, or network building.
Make sure it aligns with your long-term goals.
Ask: “Would I pay for this opportunity if it weren’t free?”

Real-World Insight

Mahmood shares how he’s worked for free through volunteering, guest speaking, and events—always with intention and clarity. Sometimes unpaid work brings real returns—but only when it's your choice, not an obligation.

Final Takeaway

Free work is a strategy, not a habit. Use it selectively. Stay in control. Your work deserves to be valued—financially and professionally.

Links Mentioned in This Episode

🔗 I Hate Numbers YouTube Channel
📘 I Hate Numbers book

Episode Timecodes

[00:00:00] – Intro: The free work dilemma
[00:00:45] – Why people say yes to unpaid work
[00:01:56] – When free work might be worth it
[00:03:48] – The dangers and real costs
[00:05:00] – Five questions to ask yourself
[00:06:51] – How to say no professionally
[00:07:50] – Using free as a smart strategy
[00:08:47] – Final thoughts & listener takeaway

Host & Show Info

Host Name: Mahmood Reza About the Host: Mahmood is an accountant, business advisor, and founder of I Hate Numbers. With decades of experience helping service-based businesses grow, he's passionate about helping professionals get paid what they're worth. Podcast Website: https://www.ihatenumbers.co.uk/i-hate-numbers-podcast/

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Not all work is worth doing for free. Share this episode, subscribe on Apple Podcasts, and tune in weekly for more practical business and finance tips. Plan it. Do it. Profit. 📘 Check out the I Hate Numbers book for deeper insights on building a profitable, sustainable business.

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Should You Ever Work for Free? A Smart Business Strategy or a Red Flag?

I Hate Numbers: Simplifying Tax and Accounting

published 1d ago

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