How Long Does it Take to Earn Money Freelancing? GET FASTER IN 5 STEPS!
Автор: Scott Luscombe
Загружено: 2022-10-28
Просмотров: 373
I started freelancing over twenty years ago, and although there has been a massive shift in the platforms, the basics of earning money as a freelancer really haven't changed. In this blog I will teach you how to get paid, quickly, so you can get your freelance career up and running.
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Earning money as a freelancer doesn't have to be a long process. You can begin to earn money in your first week of freelancing. Here's how you can.
I started freelancing over twenty years ago, and although there has been a massive shift in the platforms, the basics of earning money as a freelancer really haven't changed. In this blog I will teach you how to get paid, quickly, so you can get your freelance career up and running.
How to make money freelancing
Learn how to ask for freelance projects
Finding potential clients is always the first step in earning an income, it seems obvious, but is always the major barrier to entry.
I truly believe that every freelancer can earn well over $150,000/year within their first three years of freelancing.
How do I get my first freelance projects?
To get your first freelance projects many freelancers miss the mark by simply coming out and saying "I have this skill, are you hiring?" or begging with "I need a job to support my family!" These are completely understandable but these aren't viable solutions to getting you first freelance projects.
Getting paid as a self employed small business is hard and requires you to build a relationship with clients. Instead of simply coming right out and asking potential clients for work, take some time and get to know the client, ask them what problems they are facing, and discuss solutions.
Build relationships with freelance clients
As you build this relationship, you will build trust, and eventually the client will simply ask to pay you for your solution, and if they don't they will most likely see you as a valuable resource and may refer business to you.
Remember that businesses typically spend anywhere from $20-150 to acquire a customer, this is most commonly referred to in sales terms as Customer Acquisition Cost, or CAC. As a freelancer it is important to understand this. If your average project size is $2500, and it costs you 3 hours of your time at a $50 hourly rate to acquire a customer, this is a very profitable trade off.
One cold email isn't enough to build a freelance business
The problem arises when you expect a customer to do business with you after one cold email. This almost never happens, there is always a relationship building phase. Just as someone you meet at a bar probably doesn't want to get married and have children right after you first say "hello," you're unlikely to have a client for +5 years by just telling them that you are a website developer (or insert another freelance profession here).
Building your portfolio is important as the next step in the conversations with potential clients is often proving that you can actually do the project. If you have taken the time to develop an actual relationship with the client, the next step is to send them to your portfolio. When you create an online portfolio you can quickly refer to other projects where you have solved similar problems.
Developing strong relationships and becoming the expert your clients rely on
Your goal in developing relationships with potential clients is progressing your freelancing career by being a problem solver. Once you solve enough projects while freelancing, clients will begin coming to you.
How do I know how much to charge as a freelancer?
How much money you earn as a freelancer is really up to you. Many of my freelance coaching students often ask "how much do I charge as a freelance writer, or for web development services?"
The answer I give is fairly simple. Instead of focussing on how many dollars you earn, focus on how much time you want to work. By choosing a particular time, you can start at a low rate, then max out those hours, then increase your rates for every new client.
For example, if I charge a $40 hourly rate, and want to work 40 hours a week, but am only work 10 hours per week, then if I reduce my hourly rate to $30 per hour I can fill that time. This leads to more projects, more testimonials, more portfolio pieces, and gives you much more content to refer to when selling new clients.
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