So you finally decided to take freelancing a shot. Once you decide to put in your time and effort in making a living out of your craft, the next step would be establishing a price range for your services in order to gain income for your projects.
One of the challenges of being a freelancer is establishing how much your work is worth. You love what you do and you've found your calling, but how do you make a lucrative business out of your work? Here are a few tips to help you level up your income in 2020.
When you're at the beginning of your freelancing career, it may be hard to demand higher pay for projects right away. Clients usually prefer getting more established freelancers to handle more important projects, and usually give low budget work to newbies. Build your credibility and establish good relationships with your clients. During this phase, try to get all the experience you need and take different projects, discover your writing style, and build your porfolio. Know that skill, experience, and a strong work ethic are tied to your goal of making more money out of your work.
Establish a timeline for your career. What are your short term goals (6 months-1 year)?
What strengths and skills do you want to develop? What type of projects do you want to accept? Knowing where you want to go and taking the necessary steps required for you to get there will help you increase your income.
Once you have enough sample work to show off to potential clients, invest on a reliable platform that will help you market yourself and your craft. Whether it's a website, a blog, or a social media page, find the most effective way of presenting your work. Having a place to market yourself is essential because it not only provides an avenue of discovery but it also strengthens your credibility in the industry.
There are a few factors that come into play when establishing your rates as a freelancer. Consider the following items below as you come up with your rates:
Keep in mind that these are just a some of the factors that could potentially influence your pricing. You may choose to keep this flexible depending on the needs of your client and the project at hand.
Give your projects the time and effort they require. Do a good work and learn from every revision from your client. When you submit great work, your clients will most likely hire you again for future projects and recommend you to their friends and colleagues. Make the most out of every opportunity because it can lead you to better projects in the future.
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