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What is a forecast model?

04/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A forecasting model is a statistical method or mathematical model based on historical data and trends to predict future events or developments. Such a model can be used to predict, for example, the demand for a product, the future value of a stock, or the outcome of an election or sporting event. Forecast models can be based on various techniques, such as time series analysis, regression analysis, artificial neural networks or decision tree methods. The quality of a forecasting model depends on how accurately it can represent past trends and developments and how well it is able to take into account unexpected events and changes that may affect future developments.
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How does order acquisition work for freelancers?

04/13/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Commission acquisition is an important step for freelancers to be successful. Here are some tips that can help:

Create a portfolio: A portfolio is a great way to show potential clients what you can do. Show off your best work and add testimonials.

Use social media: Social media is a great way to market yourself and reach potential clients. Create profiles on platforms like LinkedIn, Twitter or Instagram and post regularly about your work.

Network.

Network: network with other freelancers or people working in the industry. Attend events and conferences to network and meet potential clients.

Search Engine Optimization: make sure your website is well optimized so potential clients can easily find your services. Also, use Google My Business to improve your presence in local search.

Make sure your website is well optimized.

Email acquisition: Write personalized emails to potential clients introducing your services. Be polite and respectful when doing so, and don't impose.

Use contracting platforms: Sign up for platforms like Upwork or Freelancer.com to find potential clients. However, be prepared to pay a commission for the referral.

Build trust.

Build trust: Build trust with potential clients by helping them understand their needs and solve problems. Also, give them a clear idea of what they can expect from you and make sure you deliver your work on time and in good quality.

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Freelance Journalists - Where to find lists?

04/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several online directories and databases that contain listings and profiles of freelance journalists. Here are some options:

Freeelancermap: An online platform that specializes in freelance workers in various industries, including journalism. It offers an extensive database of freelance journalists from around the world.

Journalist Directory: A directory of freelance journalists in Germany. The directory is sorted by state and topic and includes contact information and samples of work.

DJV-Freie: A database of the German Journalists' Association (DJV) containing more than 4,000 freelance journalists from Germany. The database is accessible to DJV members, but some information is also available to the public.

MediaBistro: A job board and online community for media professionals, including freelance journalists. The site includes a job database, a directory of freelancers, and a variety of resources for media professionals.

LinkedIn: A social platform for business and professional people, also used by freelance journalists. LinkedIn allows users to create their profile to showcase their skills and experience and connect with other professionals.

These lists are a good starting point for finding freelance journalists. However, it is important to note that many freelancers may not be listed on these lists or may not advertise their services publicly. In this case, it may be helpful to search social media or relevant groups and forums for recommendations.

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What are avoidable mistakes in studying?

04/11/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are many avoidable mistakes students can make during their studies, and some of them are:

Failure to plan: if students do not have a clear goal or strategy for their studies, they may have difficulty choosing their courses effectively and completing their studies successfully.

Failure to organize: If students have difficulty organizing their time effectively or prioritizing their coursework, they may have difficulty meeting deadlines or completing their courses successfully.

Missing Participation: When students do not actively participate or engage in their courses, they may have difficulty understanding the material or achieving good grades.

Missing Support: If students do not seek or receive support from tutors, professors, or other resources, they may have difficulty understanding the material or successfully completing their courses.

Failed Research: If students do not conduct adequate research or thoroughly review their sources, they may have difficulty earning good grades or completing their assignments effectively.

Missing self-care: If students do not adequately care for their health, well-being, or interpersonal relationships while in college, they may experience a lack of energy or motivation.

Failing to plan for their career: if students do not take appropriate steps to plan or develop their career while in college, they may have difficulty finding employment after graduation.

It is important to be aware of these preventable mistakes and take appropriate steps to minimize or avoid them in order to graduate with a successful and rewarding degree.

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Studying journalism - Here's what you should look for in a journalism course

04/07/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

If you want to study journalism, there are a few things you should consider to get the most out of your studies and be prepared for your career as a journalist. Here are some tips:

Do internships: Internships are a great way to get hands-on experience in journalism and make contacts in the industry. Take advantage of any opportunities to intern at newspapers, magazines, broadcast or online media outlets.

Expand your portfolio: Publish articles in student newspapers or magazines, create your own blog, or produce audio or video pieces. This will help you build your portfolio and show that you have experience in journalism.

Learn about different media formats: Journalism today is more diverse than ever. Therefore, learn to produce different media formats such as print, online, radio and TV. This will prepare you for the challenges of the ever-changing media landscape.

Refine your language skills: As a journalist, you will have to write, speak and sometimes translate. A good command of the language is therefore essential. Refine your language skills by reading, writing and speaking regularly.

Work on your research and interview technique: good journalists are good researchers and interviewers. Learn how to research and interview effectively. This can help you gather relevant information and find interesting stories.

Stay current: Journalism is constantly evolving. Stay abreast of new technologies, trends and developments in the industry by regularly educating yourself and reading trade journals.

Network: Networking is especially important in journalism. Connect with faculty, fellow students, and industry representatives. Attend events, conferences and trade shows to connect with other journalists and expand your network.

By following these tips, you can make the most of your journalism degree and prepare for a career as a successful journalist.

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