Switch It Change It: How I Quadrupled My Freelance Rates
1 year ago
Happy Friday! A few weeks ago, I shared how I pitched for my first freelance writing gig ever. We can all agree it was pretty sad – womp, womp.
Since then, I’ve leveled up and charge much more per project. Well, I want to expand on that and share some extra details on the major factors that helped me increase my rates.
Here’s the thing.
Anyone can do it, but it does take work and maybe some tears (this happened in my case, idk).
If you put the time in to beef up your experience/portfolio and demand to get paid what you’re worth, you can increase your rates, too.
I’m covering all of this info in… my first VIDEO!
Yes, this means I’m coming out from behind the computer screen and talking to you face-to-face. How about that?
(But first, a blog is what I use to promote myself. If you want to start a blog, I can teach you how here.)
Quick Points on Increasing Your Freelance Rates
1. Make the Right Investments
All advice isn’t good advice. Don’t ask people who’ve never done freelance work advice on freelancing. Find someone who has more experience than you and tap into their knowledge. I hired a coach which is the best investment I’ve made in the last 1.5 years of freelancing.
The support, connections and advice you get from someone who’s walked in your shoes is invaluable. If you don’t have the funds for a one-on-one coach, get cozy with a tribe of side hustlers or join a mastermind. Having people to lean on who understand the game is key to taking your business to the next level.
2. Ask for the Referral
I found that referrals from people I know is the best way to get jobs that pay well. Why? If your referral makes the introduction, the person vouches for you, so people already know you’re valuable.
How can you grow your referral game? Here’s a few tips: Let people you know (friends, family, co-workers, acquaintances) that you’re available for hire and they can send people your way.
Ask current clients if they know anyone else that need the “juice” you have. Or reach out to other people who offer the same service as you to see if they have an overflow of work they can pass on.
3. Level Up Your Skill
Continually fine-tune your craft to get better. People who offer the best work get the best pay. No way around that. Practice makes perfect. When you’re just starting out you may want to offer unpaid work to practice and prove your worth.
One of the free jobs I did a year ago has pushed my paid career forward in a way I never even envisioned. Just be choosy with your unpaid work. Make sure whatever you do for free is guaranteed to give you exposure and a rocking testimonial.
4. Negotiate From Top-Down
Don’t start negotiations off with the lowest rate you’ll accept. Take a chance and quote more. Trust me, no one’s going to offer to pay you more than what you quote them. And when you realize later you’re doing too much work for too little money you’ll feel resentful. Not a good space to be in.
Hope you enjoy the video 😉
(The #yourfirsthustledollar series is alive and kicking. Check out the first post here).
New to freelancing and side hustling?
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