When it comes to freelance writing, there is a lot of well-meaning advice. And for the most part, that’s a good thing.
Assuming you have an internet connection and a laptop, you have all the resources you need right at your fingertips. You can learn how to choose a niche, attract customers, and configure your independent writing site in the comfort of your own home.
But much of the conversation that takes place around freelance is pointless.
For example, I’ve noticed that many freelancers tend to dismiss the topic of money and act like it doesn’t matter.
As a freelance writer, you need to worry about more than just doing the job you love for the clients you love. I think you should worry about making more money. Yes, I said it.
In fact, if you really want to try freelance writing, I think your goal should be to learn. at least $ 100,000 per year. Here are a few reasons why I think it’s true.
1. More income = more impact
The other day I saw a website that said “income impact”. Sounds like such a great idea, doesn’t it?
Imagine being someone who cares more about the people they help than the money they make. The world would be a better place if more people took this attitude.
Of course, the world would be a better place too if we could all meet our basic needs without ever having to worry about money. But since that won’t happen, we all need a way to make money.
In my experience, I have the ability to have more impact when I earn more money. This is because my needs are met and I have a lot more intelligence to devote to other people who don’t worry about paying my bills.
If you’re someone who says this regularly, stop. It’s a wrong choice – you create more impact and more income.
2. Money gives you more time
Since I started freelancing in 2016, I wanted to earn six figures. But for a long time, I struggled with this idea because I thought that making more money would make me a bad parent.
I thought if I made six figures as a freelance writer I would work constantly, ignore my kids and miss out on their childhood.
Yikes! Who wants to focus on making more money with this kind of mindset?
I bring it up because I think it’s a common limiting belief people have about money. Many people think that if they make more money, they will constantly work and lose all sense of work-life balance.
And to be honest, it does happen for some people, but it doesn’t have to be. I worked a lot harder and longer hours as a $ 40,000 per year freelancer than I do as a freelance writer who earns over $ 100,000 per year.
Why? Because I have the money to outsource the tasks that I don’t like to other people. I can hire other people to clean my house, design my website, and schedule my social media posts for me, among other things.
I also have the ability to refuse clients who are not suitable and charge more for my services. And I was able to diversify by offering digital products to earn more passive income.
3. It is a very achievable goal
If you’re like me, you probably follow a lot of freelance writers you admire on Instagram, LinkedIn, and Twitter. And have you ever noticed that they sometimes try to lower your expectations?
They might say something like that, “Success does not happen overnight! I had to work hard for years before I started earning six figures. I’ve written boring articles, worked with crappy clients, and worked day and night to get to where I am!
I understand why people say things like that. They try to paint a realistic picture of what it feels like to make a living as a freelance writer. And probably, trying to weed out all the people who are not serious and only want to freelance if it is easily done.
Here’s the problem: People who aren’t serious and don’t want to work are still going to quit. There is nothing you can say or do to help them “see the light”.
But what I’ve seen time and time again is that most serious freelancers are selling massively short. They are scratching financially every month and don’t think making more money is possible for them.
So if you only take one point to heart from this blog post, let it be this: earning six figures as a freelance writer is a very realistic and achievable goal.
Stop passing this huge and overwhelming task that only a few rare freelance writers can accomplish! I promise you no.
I’m not saying it will be easy or that there won’t be setbacks along the way. Of course, it will take some work, but you already know that.
But it’s not as difficult or elusive as you might think. So do yourself a favor and believe it is possible.