Working less and earning more in freelancing: 6 Tips

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FREELANCER TIPS

• Working less earning
• more in freelancing
• 6 Tips

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Working less and earning more in freelancing 6
Tips

• Some freelancers like to put their foot on the
  gas in the beginning of their career and never
  let go. However, driving fast all the time might
  make you crash sooner or later. For a freelancer,
  that means burning yourself out. Having a
  freelancing career means freedom and you should
  make use of that freedom.
• As an employee, youre probably going to be
  working pretty much the same average yearly
  hours. As a freelancer, you can chose to work
  less and still increase your earnings, especially
  if you know how to maximize working hours and get
  the most out of them here are six tips to get
  you started.

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1) Increase your rates

• First and foremost, to make sure you are getting
  what your times is worth, increase your rates as
  your business improves. Many freelancers stick to
  their lower initial rates purely out of habit or
  because they are worried it will cost them
  clients. Think about it this way what was your
  skillset when you started? How good was your
  work? Can you offer a better service now than
  when you initially set the rate? Are rates in
  your market increasing? If the answer to any of
  those is yes, you should think about charging
  more for your work.

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2) Hire other people

• When the workload starts getting too much to
  handle, the last thing on a freelancers mind is
  hiring someone to help them. Having someone
  working with you seems to go against some of the
  basic freelancing principles only depending on
  yourself, having all the responsibility and so
  on. But its a win-win-win situation. Your client
  gets more work done, you get more projects
  finished and the fellow freelancer you hired gets
  some extra experience under their belt (which as
  we all know, can be crucial at the beginning).

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3) Avoid cumbersome clients

• If you want to maximize your income, learning to
  say no is an invaluable skill to learn. Some
  clients end up wasting quite a bit of your time
  without paying you enough. If they constantly
  change their ideas, dont want to pay you
  anything upfront and are generally too demanding,
  you might want to avoid them. Such clients not
  only cost you time and money, but also stress you
  out, making you less productive.

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4) Track effort and results

• If you want to maximize, you have to quantify.
  The idea of working with a stopwatch by your side
  can seem pretty off-putting at first. But from
  personal experience, even though it sounds
  terrible, it actually helps your productivity a
  bunch. Knowing that I have exactly sixty or so
  minutes to focus on a task and then I will take a
  five minute break has pushed me to do more work
  in the same amount of time.
• Additionally, tracking your time will help you
  realize where you are putting the most of your
  effort and what youre getting out of it. Tasks
  which are time-consuming but hardly help your
  business are worth cutting back on, or even
  avoiding altogether.

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5) Group similar tasks

• Batching is a simple technique, but consciously
  employing it can lead to unexpectedly good
  results. As long as the tasks can wait, try to
  group them up by type. Have a time set aside for
  all phone calls, a time for all your social media
  marketing and so on. This will speed up your work
  process.

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6) Extrapolate from previous work

• Last but not least, dont be afraid to take a
  page out of your own book now and again, as long
  as your contracts allow it. You cant reinvent
  the wheel with each project, so keep some things
  that might be useful for the future. This can be
  as simple as having an email signature or various
  templates for Excel, PowerPoint or Word.

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