đ Rise of the overemployed
Happy Friday! This is the Freelance Gig, where we share news, tools, tips, and tricks to help grow your freelance business.
Welcome to the 270 new subscribers whoâve joined us since the last issue.
Mentioned in todayâs email: YouTube, Elon Musk, X, Threads, LinkedIn, digital nomad visas, and the overemployed. Plus the DNA of a perfect client, and 3 mindset shifts to hit 6-figures.
Read time: 3 minutes and 52 seconds
Land Your First Client In 5 Steps
Freelance Writers:
Tired of getting paid per hour (or worse, per word?)
Still relying on inconsistent word-of-mouth referrals?
Ready to step off the freelancer hamster wheel?
Then youâre in luck!
This FREE 5-day email course will help you:
Craft an irresistible offer
Charge premium prices
Land your first $5,000 client
Making the Rounds
Inside the strange, secretive rise of the 'overemployed'
YouTube announces new tagging requirements for AI-generated content
Elon Musk says X is changing its algorithm to highlight smaller accounts
Threads is testing hashtags with a side of trending topics
Almost half of all global destinations now offer digital nomad visas
LinkedIn says past carousel posts will be deleted next month
Working With Clients
The DNA of a Perfect Freelance Client
The temptation to take on anyone with a pulse and a credit card as a client is hard to resist sometimes.
Whether itâs because youâre brand newâŠ
Or simply because you need the scratchâŠ
Learning to trust your gut is tough.
So letâs break down what a perfect client looks like.
#1 - Past experience hiring freelancers
Working with freelancers is different than having an in-house team member.
Clients canât lay claim to 100% of your bandwidth.
You want someone who respects boundaries.
#2 - Validated offer
No matter what service you sellâŠ
The best clients always have validated offers.
âValidatedâ means theyâve successfully sold their products & services to other people.
This proves thereâs a hunger for it in the marketplace.
It (usually) translates to a healthy business too.
#3 - Solid social proof
A common byproduct of validated offers is social proof.
Having lots of:
- testimonials
- screenshots
- and case studies
⊠to work with always makes your life easier.
#4 - Reasonable marketing budget
When it comes to paid traffic, everyone likes to sayâŠ
âWell if itâs converting, Iâm happy to spend as much as possible!â
⊠No duh.
Thatâs obvious.
The more important question is:
âHow much are you willing to spend if itâs NOT converting?â
Not everything works right out of the gate.
So itâs important for clients to have a reasonable budget based on the offer, price point, campaign goals, etc.
Which ties in with our last point.
#5 - Understands asymmetrical bets
This applies more to cold traffic.
But a perfect client understands the asymmetrical tradeoff of testing new funnels, offers, or marketing channels.
In other words, one winner pays for a lot of losers.
Itâs just like angel investing.
Most of your tests will fail, but thatâs often what it takes to find a winner that will scale.
POLL: What's the longest client relationship you've ever had? |
Working For Yourself
3 Mindset Shifts to Build a 6-Figure Freelance Business
Building a business is a bit of a mindf*ck.
Success as an entrepreneur means breathing life into something that didnât exist before you came along.
And no matter what your niche, product, or service isâŠ
There are always key mindset shifts you need to make before you can unlock your full power.
Freelancing is no different.
So here are 3 mindset shifts you need to build a 6-figure freelance business:
1 - âI am an investment, not an expenseâ
One major obstacle to charging what youâre worth is thinking of yourself as an expense.
Youâre not.
By hiring you, clients are making an investment to grow their business.
And investments generate returns.
So donât get hung up on how much itâs going to cost themâŠ
Emphasize (to yourself) the return on investment theyâll get from working with you.
2 - âThereâs too much demand and not enough supplyâ
Itâs easy to adopt a scarcity mindset online.
After all, with so many freelancers out there⊠how can you possibly compete?
But hereâs the truth:
There are WAY more good clients and projects than there are competent freelancers to do the work.
Itâs a massive supply/demand imbalance in OUR favor.
(if you donât believe us, try hiring one and see for yourself đ)
So stop telling yourself it canât be done.
Shift your mindset from scarcity to abundance.
There are literally millions of clients out there churning through one crappy freelancer after another.
Imagine how relieved theyâll be when they finally hire you.
3 - âI provide a world class service that clients are happy to pay top dollar forâ
If thereâs one thing that formal education is good forâŠ
Itâs keeping impostor syndrome at bay.
On the flip side, when youâre essentially self-taught, it can be easy to doubt yourself.
So hereâs how to rewrite the script:
Clients arenât just paying for outcomes and deliverablesâŠ
Theyâre also paying for an experience.
And making sure that experience is top-notch doesnât have to cost you a dime.
Be responsive. Be excited. Go above and beyond.
Actually CARE about the project.
These little things wonât go unnoticed by clientsâŠ
And recognizing that service can set you apart from everyone else is essential to building a lucrative freelance business.
Tool of the Week
Manage your financials like a pro with our new Freelance Cash Flow Calculator
If you want freelancing to pay you like a real business, youâve gotta treat it like one.
And that starts with knowing your numbers.
We recently released a brand new beginner-friendly cash flow & profit tracker to help you manage your freelance financials like a pro for just $7.
This also includes a simple step-by-step video walkthrough on how to use it.
So you donât need to be a math whiz or accounting expert.
Get it here:
Bonus Points
đ Productivity: How to work smarter, not harder (Twitter / X)
âïž Copywriting: If youâre new to copywriting, do this (Instagram)
đ€ LinkedIn: 5 reasons why itâs the most valuable place to build a personal brand right now (LinkedIn)
đ Success: How I went from -$15k to $8.7 million (YouTube)
đ§ Mindset: Read this to fix your money mindset (TikTok)
What'd you think of today's edition? |