Why are you still not making money as a freelancer? What’s holding you back from landing your first big payday?
The answer is actually pretty simple. The answer is usually pretty simple. Why overcomplicate things? What’s holding you back from making real money as a freelancer?
You haven’t found a high-paying client.
Okay, okay. I’ll stop being a smartass. I’m going to get into my own personal story on this topic so that you guys see where I’m coming from.
What’s my story?
The problem is that it’s easy to become a firefighting freelancer.
What does this mean? You’re simply putting out fires and just trying to survive another day. You’re not going after the big work. You’re just getting by. You’re dealing with little problems. You’re always reacting. Screw that!
My problem was and has always been this. I try to maintain the status quo. I don’t push things hard enough. I don’t make enough bold moves when it comes to career/money. I take bold chances in life. I enter competitions, I sign up for 10k races with no training, I approach strangers, and I train with people much stronger than me.
But for some reason, when it comes to money, I just don’t take enough chances. I don’t do enough. I just always try to maintain the status quo. That has been my problem. Maybe growing up poor, I feel that I shouldn’t complain or that I should just accept things as they are because my family didn’t have any opportunities.
I’ve come to realize that I need to go after the higher-level work. I have some huge projects coming up. Some legacy projects.
Why are you not making the big bucks?
You’re going after the wrong clients.
It’s time to go after the right clients. It’s time to do work that matters. It’s time to go after the higher-end work.
You need to stop doing the following:
- Putting out fires.
- Maintaining problem clients.
- Doing low-level work that nobody cares about.
- Being safe.
- Being boring.
This is a wake up call for me as well. It’s a wake up call for all of us are that constantly reacting and spending hours on YouTube watching random videos. It’s a wake up call to go after the big bucks and real money. I don’t want you to survive, I want you to thrive.
What can you do?
It’s time to actually do something and stop just reading about freelancing and freelancing theories.
Below are my three steps for what to do next if you want to make more money!
Go after the legacy work. The scary work. The work that matters.
This refers to your freelancing/side business/blog/life. It’s time to do that scary work. That work that excites us, yet terrifies us. It’s time for the legacy work.
What do you really want to do but are afraid of? DO THIS!
Increase your rates.
You have to increase your rates. Just like inflation and the price of gas, sometimes you have to raise your rates. Raise your rates. Go after what you’re worth. Don’t be afraid to charge more.
What if you lose clients? This has happened to me. That’s okay. You’ll replace them with other clients. Don’t worry about it.
Go after higher-level work.
You have to go after higher level work. There’s only so much money at the bottom. You need to move up the ladder. I’ll stop ranting for now and get back to work!
It’s your turn to actually do something now. Make some money as a freelancer.