increase-freelance-rates

Switch It Change It: How I Quadrupled My Freelance Rates

Hi friends,

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.

raise-freelance-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.)

 

How I Quadrupled My Freelance Rates from Taylor K. Gordon on Vimeo.

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?

I have a mega list of 107 Productive Things to Do Instead of Spending Money to share! It includes ways to get your finances together and ways to bring in more income. Grab the PDF version of this list below!

 

— This post or page may contain affiliate links. Don’t worry, though. I only promote products that I’ve used or truly believe in.

 

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Taylor K. Gordon is a writer and money blogger. She writes on how to live your best life without going broke.

6 Comments
  1. Reply Nia January 9, 2016 at 10:59 pm

    This is great advice! I’m currently offering probono work to fine tune my skills and to get a testimonial. I just quit my job a month ago and I’m getting leads and interest which is great. I have a journalism degree but still need to get back in the flow of researching, writing,etc. Also, charging more is still hard but I’m getting there. 🙂

    • Reply Taylor January 10, 2016 at 5:30 pm

      Congrats! Pro bono work is GREAT when you partner with a biz or entrepreneur who’s on the up and up. As far as rates, you’ll get there! Once you get your feet wet and show people how valuable you are you’ll be able to increase incrementally.

  2. Reply Sola May 29, 2016 at 8:37 pm

    Great and in-depth! I’m so sick of reading “advice” blog posts that don’t actually tell me anything new. This is the first one I’ve read in a while that actually taught be something I can use in my day to day. Thank you so much.

    • Reply Taylor May 29, 2016 at 11:24 pm

      Hi Sola! Thanks for stopping by and commenting. That’s one of my pet peeves, too. Reading advice and then thinking, “there has to be something I’m missing, right?”

      My ultimate goal in life is to “tell it like it is” and to be valuable to whoever reads, so your comment gives me life!

  3. Reply Tia August 27, 2016 at 7:03 pm

    Thanks so much for sharing! I’ve been blogging about personal finance for about 6 months. I just started trying to get in to freelance writing – I say trying because I haven’t gotten my first writing gig. I have been talking to someone about a recurring job though.

    I love your tip about guest posting. I’ve done guest posting on some smaller sites but I’m going to work on getting on larger traffic sites.

  4. Reply Taylor August 29, 2016 at 6:24 pm

    Hi Tia! The starting off part is pretty slow, so you’re going about it the right way with guest posting. It’s very good practice!

    I heard that The Huffington Post has changed their submission process so it’s easier to become a contributor. If you’re not on there yet, that’s a good place to give a try to add to your portfolio, too.

    http://www.carefulcents.com/get-published-on-the-huffington-post/

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