020 “As a freelancer, my biggest advantage is only needing a handful of clients to succeed”

09/14/18 • 36 min

Andy is quite happy not to take on new clients at the moment. He doesn’t need to work 24/7 and only requires a handful of clients to match his target income. In today’s episode, Andy talks about the flexibility of choosing clients and fluctuating his own rates, calling it his ‘biggest advantage’ working as a full-time freelancer.

In the second part of the show, Andy gives his thoughts on whether you should accept a lower paying gig if business is ‘slow’.

“If the opportunity seems right, go for it and take that low-paying job. But when money comes on to the table, make sure you’re getting what you’re worth”, says Andy.

We also talk about looking for ways that can help freelancers build up processes in their business. As your freelance career grows, you may look to virtual assistants or sub-contractors to take tasks off your plate and leave you free for higher-value work.

This and much more in today’s episode of My Freelance Life.

Show notes for this episode can be found at http://freelancelifepodcast.com/

This episode is brought to you by .TECH Domains, Have an innovative idea? Build it on a .TECH domain! Visit www.get.tech and use code MILLO to get 90% off on 1 and 5 year domains.

Also sponsored in part by:

Bonsai, the #1 freelance productivity suite in the world. Put your freelance business on autopilot with this all-in-one solution for the world’s best creatives. Try Bonsai today.

Podcast mixed and edited by Danny Gilman from https://echopodmedia.com
Theme music by Joakim Karud (http://youtube.com/joakimkarud)
My Freelance Life is a production of Millo. Learn more at http://millo.co

In the second part of the show, Andy gives his thoughts on whether you should accept a lower paying gig if business is ‘slow’.

“If the opportunity seems right, go for it and take that low-paying job. But when money comes on to the table, make sure you’re getting what you’re worth”, says Andy.

This and much more in today’s episode of My Freelance Life.

Show notes for this episode can be found at http://freelancelifepodcast.com/

This episode is brought to you by .TECH Domains, Have an innovative idea? Build it on a .TECH domain! Visit www.get.tech and use code MILLO to get 90% off on 1 and 5 year domains.

Also sponsored in part by:

Bonsai, the #1 freelance productivity suite in the world. Put your freelance business on autopilot with this all-in-one solution for the world’s best creatives. Try Bonsai today.

Previous Episode

019 “The easiest way to get paid more is to raise my rates”

Andy’s biggest challenge isn’t convincing his clients to pay him more money or chasing after payments. Rather it’s internal - convincing himself that he’s worth the rate he wants to charge. In today’s episode, Andy dives in deep and share with us his strategies to negotiating with clients and how exactly does he go about pricing himself.

Andy also gives his thoughts on something that’s been debated among freelancers ever since the origin of the freelance profession i.e. the great pricing debate - hourly rates vs. fixed pricing.

You’ll find out exactly what are the pros and cons for hourly rates as compared to fixed rates. And which one should you opt for while going for a client.

Show notes for this episode can be found at http://freelancelifepodcast.com/

This episode is brought to you by Bonsai, the #1 freelance productivity suite in the world. Put your freelance business on autopilot with this all-in-one solution for the world’s best creatives. Try Bonsai today.

Next Episode

021 “How do I justify my ‘above market’ rate to clients?”

Figuring out your freelance rate is one of the most challenging things a freelancer faces. Andy is no exception.

The fear of selling himself short and the anxiety caused by setting the bar too high is a fine balancing act that Andy keeps in mind while quoting his clients.

“My clients don't pay me for what I do, they pay me for the solution I have for their problem”

In today’s episode, Andy discusses how he justifies his ‘above market’ rates to clients - so that the subject of money is never awkward or embarrassing.

This and much more in episode 21 of My Freelance Life.

Show notes for this episode can be found at http://freelancelifepodcast.com/

This episode of My Freelance Life is brought to you by our own premium client-hunting service, Solidgigs - delivering the best freelance gigs into your inbox every week. Kill the feast/famine cycle of your business & trade your worst clients for some of the best companies in the world. Get on the list.