#155: Why You Need to Set Standards in Your Business — and How to Do It Right

06/29/18 • 18 min

Interesting fact... The biggest reason writers become (and stay) self-employed is freedom and flexibility — not money. Unfortunately, way too many freelance writers are worse off today than they were when traditionally employed. Too many are struggling to earn a good living. Or they’re working with bad clients on projects they hate. Or they’re working longer hours than they ever have. That’s not freedom! How can you turn that around? It all starts by setting some “standards” for your business. And in this episode, I explain exactly how to do that.

Previous Episode

#154: What’s the Bare MINIMUM You Should Be Charging Your Clients?

When it comes to pricing, the most common question I get is, “How much should I charge for _________?” But no one has ever asked me, “What should my floor rate be?” In other words, the bare minimum you should be charging on any given project to make sure you cover your full costs as a freelancer. I’m not a fan of that kind of thinking. But there’s one exception. And that’s when you want to know and understand what your “all in” expenses are ... so you can make better overall pricing decisions. Knowing your “all in” expenses can bring some serious clarity to your pricing decisions. It can help you negotiate better and feel much more confident about quoting higher fees. In this week’s episode my colleague Robert McGuire from Nation1099 will show you how to calculate your own number. And he explains why knowing this is so important—regardless of where you are in your writing business or how much you currently earn.

Next Episode

#156: Jennifer Gregory’s “Audience First” Method for Finding Potential Clients

Having a well-defined target audience is a critical first step to freelance success. But it doesn’t end there. Because once you’ve identified your audience you now need to find some prospects to contact. That’s where many writers get stuck. If you’re in that situation now (or if you’ve ever been there), you’re going to get a ton out of this week’s podcast episode. My guest is the brilliant Jennifer Gregory. In this interview, Jennifer details her three-step “Audience First” method for finding potential clients. Her approach is both simple AND incredibly effective — and it’s something you can start using right away.