Episode 295

full
Published on:

26th Oct 2025

Should You Ever Work for Free?

Working for free might sound like a good way to gain exposure, experience, or opportunities. However, it can also lead to burnout, undervaluing your work, and setting the wrong expectations. In this episode, we talk about how to make the right call and ensure your time and skills are respected.

When Working for Free Might Make Sense

  There are times when working for free can make strategic sense — such as for charities, community causes, or trusted partners. These opportunities can align with your values, offer meaningful exposure, or help you test new services. However, they should always be intentional and clearly defined.

The Hidden Costs of Free Work

    Working for free often costs more than you think. Beyond lost income, it uses up valuable time, energy, and resources that could be invested in paid opportunities. It can also train clients to undervalue your services and expect unpaid support in the future.

Setting Boundaries and Saying No

    We all want to help others, but saying yes to every unpaid request isn’t sustainable. Clear boundaries protect your time and reinforce your professional worth. Learn to differentiate between genuine collaborations and situations where your generosity is being taken for granted.

Alternatives to Working for Free

    If you want to support someone or gain visibility, there are smarter ways to do it. You could offer a discounted rate, limit your contribution, or agree on an exchange of services. Always set terms in writing, even if no money changes hands, to ensure mutual respect and clarity.

Final Thoughts

    Working for free can sometimes open doors, but it’s rarely the foundation of a successful business. Every hour you give away should have a purpose. Ask yourself what the long-term benefit is and whether it aligns with your goals. Ultimately, valuing your time is key to building credibility and financial stability.

Episode Timecodes

  • [00:00:00] – Introduction
  • [00:01:02] – When Working for Free Might Make Sense
  • [00:03:15] – The Hidden Costs of Free Work
  • [00:05:48] – Setting Boundaries and Saying No
  • [00:07:34] – Alternatives to Working for Free
  • [00:09:15] – Final Thoughts

Host & Show Info

Host Name: Mahmood Reza   About the Host: We are accountants, business finance coaches, and the team behind I Hate Numbers. With decades of experience helping businesses stay profitable and confident, we simplify finance, tax, and planning so you can make smarter decisions and achieve long-term success.  

Podcast Website:https://www.ihatenumbers.co.uk/i-hate-numbers-podcast/🎧 Listen & Subscribe to I Hate Numbers

    Join us on Apple Podcasts for weekly episodes that help you master business finance and mindset. Listen, rate, and subscribe to support the show!  

🎧 Listen on Apple PodcastsAdditional Links

Transcript
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Should you ever work for free? Now, that's a question that often pops up in small business, creative, and freelance circles. Now, hold up there a moment. I always hear you say work for free - not a chance, but it's not always that straightforward. Let's dive in. Welcome to another episode of I Hate Numbers.

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Now, why do people actually say yes to free work? Well, sometimes the offer is extremely tempting. Somebody says, think of the exposure. It'll get your name out there. Exposure, that golden word. But here's the truth. Exposure doesn't pay your bills. You can't feed your family on likes and shares. I’d want that you could.

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Now, in some cases it can actually work out if it genuinely puts you in front of the right people. If the audience matches your target clients, those will pay next time, then fine. It may be worth looking at. But exposure must be a stepping stone, not the reward in itself. Now another reason small businesses do it is building a portfolio, especially important if you're just starting out or pivoting into something new.

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A few unpaid projects can help you gather examples, collate case studies, and get testimonials. Now, in my early days of my business, I did that. I treated it like development, training, a way to promote yourself, not a way of life, not the way I wanted my business to be structured. And then there's always the passion projects.

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Maybe it's a charity, something close to your heart. Maybe it's a mate community project or simply something that stimulates you, lights your creative fire, and that's cool. But passion projects should feel exciting, not exhausting. Now, are there dangers of working for free? Well, short answer, absolutely.

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Your rent, your groceries, your business costs, they all need cold, hard, cash. Likes and exposure don't pay HMRC, your energy bill or your accountant's bill. Cough, cough. And here's the kicker, saying yes too often to unpaid work devalues what you do. You risk also sending out a message that your time and skill just aren't worth paying for.

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If a company or a client can afford to pay but chooses not to, then you are effectively subsidising their profits. And worse, it has a knock on effect for other people in your industry as well. When one person works for free, it becomes much harder for everyone else to charge fairly. Now, there's also the burnout factor.

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Too many freebies will lead to exhaustion, resentment, and loss of joy in what you do. You didn't start your business to end up drained, or did you? Now, is there a balance to be found? Absolutely. So how do you decide when to say yes and when politely to say no? Now I've got a quick checklist for you to keep you sharp and to preserve your sanity.

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Number one, what's the benefit? What's the benefit to you? And be real about it. Don't get dragged in by emotional baggage. Number two, are you choosing freely or is somebody guilt tripping you, shaming you into it? That's not a good look. Number three, can they afford to pay? Now, even charities you might ask you to do this (worthy causes

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here) will still have budgets and that in itself doesn't mean that they can justify not rewarding you at all. Number four, are you setting a precedent not only for yourself, but for others? And lastly, number five, does it feel right? Your gut is a great business tool. Don't dismiss it out of hand. Now, if something feels not quite right, if it feels off, it probably is.

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Now, how can you actually say no without upsetting people too much and without burning bridges? Now saying no does not equate to being rude or being arrogant. It's being professional. Now, here's a few things for you to try, a sample script if you want. You could say, thanks for thinking of me. I'd love to collaborate, but I can't commit to unpaid projects right now.

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Alternatively, if you have a budget in the future, I'd be happy to chat. It's short, it's polite, firm, no guilt, no waffle. Obviously adapt for your use. Now here's another little tip. If you do decide to do a free job, invoice it anyway, put your usual fee on it and then apply a hundred percent discount.

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That way, the client understands the real value of what they would be paying for and what they're getting. So it's a good psychological tool. Now, some final thoughts and wrap up if you want. Working for free isn't evil. It can sometimes be a very smart strategy, but it should be your choice, your strategy, not habitual behaviour.

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Do it when it helps you grow, build your network or feel good about a course you actually believe in. But always remember your time, your expertise, your creativity, all have a value. Because every time you undervalue your work, you'll train and teach others to do exactly the same. So here's the golden rule, working for free, make it as part of a strategy, a conscious choice, not a lifestyle.

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Now folks, I hope you found this episode helpful. I'd love it if you could share it, subscribe wherever you get your podcasts, download those episodes, and if you really want to transform your relationship with money and business, grab a copy of my book, I Hate Numbers. It's straight talking, humorous, practical, and made to help you plan it, do it, and profit.

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And remember your work has worth, charge what you're worth and never apologise for valuing your time. Until next time, plan it, do it and profit.

Listen for free

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About the Podcast

I Hate Numbers: Simplifying Tax and Accounting
Helping you and your business make more profits and reduce your anxiety
For some, watching paint dry, or a poke in the eye is better than dealing with their business numbers. I get it, numbers can be scary, confusing, and boring, not what your business is meant to be about.

But here’s the thing. If you’re serious about your business, you need to grab hold of your numbers, and connect with them. Falling in love with them may feel weird, but at least be on friendly terms with them if you want your business to survive and thrive.

Numbers make you accountable, showing you the financial impact of your successes, a route map to success and highlighting those flip-ups. Above all, learning to love & use your numbers means you have a better chance of making money, what’s not to love.

Fundamentally business is there to make money. You need to make money to survive and have impact. It’s about knowing how your future is going to pan out.

As a business finance coach, financial story teller and tax advisor, I've helped thousands of businesses over the years.

I love numbers, but I get it that not many businesses will do so. I want to share my love of numbers through my podcast, to make it accessible, to help you and your business power forward.

My aim is to make this podcast listener friendly, jargon and BS free.

In the words of W.E.B. Dubois “When you have mastered numbers, you will in fact no longer be reading numbers, any more than you read words when reading books. You will be reading meanings.”

About your host

Profile picture for Mahmood Reza

Mahmood Reza

Hi, my name is Mahmood, accountant, educator and author of the book, I Hate Numbers !!
I actually love numbers and what they can do for my business – and every business - but I come across so many people who have a real fear of numbers/maths/accounts (and accountants), and therefore, their business struggles to survive, never mind thrive. If only they knew how to get a fondness and some kind of control of those numbers!
Why am I so passionate about all of this stuff I’m putting out into the public domain? It’s my belief that once you understand what your numbers are, where they come from, and what they mean, you can use them to make better decisions and ultimately make (or keep) more money. What every business owner wants, right?
The one thing I’ll always guarantee you, is that whether you’re the CEO of a global corporation, or a market stall trader in your local town, your numbers matter – and you simply can’t get away from them. This book is your chance to get them all in one place, face your fears, and start making those numbers work for you.