Let me help you wrap your head around this whole freelancing thing…
Here are answers to some of the most frequently asked questions I get from freelancers just setting out on their journey – did I mention it was a journey and not overnight riches, I did? GOOD!
Q – Can I REALLY make good money freelancing?
A – Yes, you most definitely can. I do it every month, hundreds of people I personally know do the same.
Q – How much can I earn?
A – That’s a really tough question to answer because it depends on a lot of variables such as:
- Do you have a maketable skill or are you prepared to learn one?
- Is there a specific area of freelancing you want to focus on (I concentrate on freelance technical content writing)?
- Are you prepared to invest in your future (time and some money)?
- How many hours a day are you willing to work?
- Will you listen and increase your prices when the time is right – something I’ll always advise you to do?
With that said, it’s not at all unreasonable to reach $1,000/month within 1-3 months, $2,000/month within 6 months, and $3- 5,000/month after that (this is exactly what I did when I got started).
“Top freelancers earn $10-$15,000/month and some much more”
Let’s consider freelance (content) writing – where I concentrate my efforts:
Q – Why would anyone pay me to write content for them?
A – Traditional marketing (television, radio, magazines, Yellow Pages) is becoming less effective Samantha, and modern businesses are turning to marketing online in their droves. Because of this, the demand for quality content is growing massively and is set to do so for many years to come.
Q – What kinds of content can I write?
A – The range of content needed to fuel the online explosion is huge and includes whole websites, blog posts, articles, social media pieces (FB, LinkedIn, Twitter), white papers, video scripts, emails and email sequences, eBooks, guides, infographics, case studies, newsletters, webinars, press releases and more…
Q – What kind of writing do you suggest I concentrate on and why?
A – You can make good money writing any of the content I’ve listed above and I’ve written all of them over the last few years. With that said, I’ve moved my business more towards a “Content Marketing” model now as the demand for this service is booming.
Here’s a definition of content marketing from the Content Marketing Institute:
Q – Why wouldn’t a company just hire their own in-house writer?
A – They do Ronald, however here are three key reasons they’d rather use you. 1) They don’t have to pay you a monthly salary or take care of other expenses like benefits, sick leave, paternity leave etc. so they actually save money. 2) The demand for content is so huge they can’t produce enough with the small teams they usually have in-house. 3. They can take you on as and when needed as demand for content spirals unexpectedly.
YOU WRITE FOR MONEY – COMPANIES NEED YOU TO WRITE FOR THEM
IT’S THE PERFECT WIN-WIN