Business purchases are expensive, especially for startups and small business owners without deep pockets. Rather than trying to have it all, look for ways to reduce what you have to buy without actually losing any functionality. It is all about getting more bang for your buck when you are dealing with running a business on a shoestring budget. Start by Introducing the Sharing Mentality Via Flickr by BlockSim This is not kindergarten again, but one effective way of reducing IT and technology costs are simply to not buy as many. Communal computers are often just as effective, especially on split [Read more…]
Being a freelancer has lots of perks, but just like anything else, it also has its downsides. I could be wrong, but I think that being able to handle one’s finances smartly is a major concern of every freelance writer. Not only do you have to make sure that you land enough gigs to cover your living expenses every month, you also have to make sure that you are able to manage your income and not spend more than you earn. For individuals who are new to freelance writing, and who may have worked for a regular salary prior to [Read more…]
Working from home has many financial benefits. It is also true that the benefits are not merely financial. For example, a home business allows you to strike a balance between your career and family. But instead of focusing on the emotional and personal benefits, I want to keep it business related – so I am only going to discuss the financial side of working from home and earning your income online. 1. You make the money This is what both motivates and scares people that decide that they want to work from home – your income is directly proportional to [Read more…]
In an interview with Bryan Eisenberg, leading conversion specialist, he noted businesses spend up to $92 to get someone to their site… and less than one dollar to convert them. Another shocking statistic: 76% of companies do *not* have any form of conversion optimization… and 48% believe they have zero control over conversion. I think that is ridiculous. Conversions are one of the few things you do control. Unlike most marketing efforts – which require third-party sites like Google or Twitter – conversion exists on your site, which puts you in 100% control of your destiny. But can you improve [Read more…]
Freelancers have, be definition, a fluid income source. Projects come and go, clients don’t always have steady work, and new opportunities are just around the bend. There is also the somewhat unsteady foundation for many websites, magazines and experimental publishers, which make it hard to know when what payment will be coming when, and for how long. In the past, I have spoken to dozens of other freelancers who seem to agree that this makes budgeting a near impossibility. As a consequence, they end up living from month to month trying to put their money wherever they can, and making [Read more…]
Do you hang onto your money? That can be good – and bad, especially for your freelance writing success. The saying goes that you have to spend a dollar to make a dollar. That’s doubly true when it comes to business, and your business is freelance writing. Basically, if you want to do better than you are now, you need to let go a little of what you have.
Once you’ve decided to establish rates for writing that compensate you fairly for your time and effort, you need to start standing up for yourself and putting your foot down. That’s not easy. Many freelancers hold themselves back from setting better rates because they’re afraid of what people will say. But remember, fear holds us back from getting us what we want in life.
Many writers struggle with the decision of pay rate. What is a good pay rate for a writer? What amount is my work worth? What can I get paid for my writing? What are others getting paid? How do I compare? What rates for writing should I set? Oy. That’s a bunch of questions and they can be stressful ones to answer, creating a situation of doubt, worry and a dip in confidence. I say, forget that. Instead of deciding your own pay rate, let your clients decide for you. How? Using baby steps and the ‘no’ point.
by James Chartrand This is the third post in a series on increasing your rates and getting more money writing for a living. We’ve already discussed when you shouldn’t ask for a raise and how to find the confidence to ask for a raise. Today’s post covers figuring out what you should be paid for your work in the first place. Feel free to ask your questions in the comment section, and we may cover the answer in an upcoming post. The pay rate of writers is a hot topic. With the wide range of pay rates for various types [Read more…]
by James Chartrand This is the second post in a series on increasing your rates and getting more money writing for a living. Feel free to ask your questions in the comment section, and we may cover the answer in an upcoming post. Last week we discussed circumstances when you shouldn’t ask for a raise, but there are definitely times when you should seek out that pay hike to better compensate yourself for a job well done. The problem is that many people feel very uncomfortable discussing the subject of pay increases and money with their clients. Most writers don’t [Read more…]
by James Chartrand This is the first post in a series on increasing your rates and how to get more money writing for a living. Feel free to ask your questions in the comment section, and we may cover the answer in an upcoming post. We all want more in life. More freedom, more fun, more money… It’s perfectly fine to want these advancements and a better life, and it’s perfectly acceptable to ask for these “mores” from others. We could ask a partner for help to lessen our workload. We could find a friend and ask if that person [Read more…]