Hi Reader, Happy Friday! I added a brand new module to Pitch & Prosper this week that's full of practical activities you can do to grow your warm pitching ecosystem. If you don't know what that is, I highly recommend watching my free 30-minute training if you haven't already! Watch it here. Ps. You can get £50 off Pitch & Prosper as a Friday Freelance Tips subscriber. P.S. This week on Instagram, I shared my process for juggling 7-10 clients each month. See it here. Here's what I've been up to this week work-wise: 👉 I wrote 4 pieces for clients (including NumeralHQ, Salsify, Klaviyo, and Whop) 👉 I refreshed 1 for Shopify 👉 I drafted copy for a landing page for a new client 👉 I signed one new client for December and beyond ⏱ Approx hours spent on client work this week: ~23 ⏱ Approx hours spent on non-client work: ~3 💰 Total revenue this week: £5,300 Friday Freelance Tip ✨ I know I bang on about it a lot, but cold pitching isn't getting the same results it used to. In the past, I could build a list of potential prospects, send 20 cold pitches, and guarantee at least one response. It was time-consuming but it worked. That's not true anymore. Clients these days are stymied by tighter budgets. They won't risk spending on a freelancer they can't vouch for. Plus, the competition is fierce. It's SO hard to stand out, and your pitches will often get buried among tens of other pitches. Which is why I'm a BIG advocate for warm pitching. This method is all about building real, human connections before you even think about sending that email or DM. The reality now is that the best pitches are backed by genuine interaction and a sense of familiarity. Clients want to know, like, and trust you before they commit their dwindling budget to you. There are two main steps to this process: Step 1: Warm up leads When I say "warm-up leads" here, I mean warming up the people behind the brand. This isn't about liking their company's latest press release or sharing a product promo. Instead, look for:
For example, if someone posts about struggling with a content backlog, you could chime in with a thoughtful comment or share a quick tip you’ve used yourself. I think about warming up on a scale. Basically, any kind of "touchpoint" you can have with a lead counts as a warm-up - but some are more active than others. Low-effort warm-ups include comment and sharing a content lead's posts on social media (I really recommend leaving genuine, valuable responses, not just a "great post"). Higher-effort warm-ups are things like engaging leads in Slack channels, referring other people to their brand and letting them know, or tagging them in a relevant comment or post. Once you've warmed up a prospect, you can move onto your small ask. Step 2: Send a "small ask" A small ask is exactly that - it's not a full-blown pitch, there's no hard sell, and it's definitely not pushy in tone. You're essentially asking for something simple, human, and easy to answer.. Here are a few examples:
Small asks work because they feel natural—and they give your contact an easy way to either say yes or point you in the right direction. The latest version of Pitch & Prosper handholds you through every step of this process. It shows you how to: Remember, you can get £50 off as a Friday Freelance Tips subscriber! This week, we have a full-time cannabis writer from Canada. Where are you based? Salt Spring Island, BC, Canada How long have you been freelancing? Since 2016 What do you do? I’m a B2B and B2C writer, mostly in the cannabis space What was your 2023 revenue? $170k (CAD) This person freelances full time and this was not their highest earning year. How much did you take as a salary? $111K (CAD) How much did you pay in taxes? $25k (CAD) income tax. What are your business expenses? $28k (CAD). Total expenses per month are ~$4.5K. That includes well over $3K a year in software subscriptions (woof), $3.5K a year for my bookkeeper, and $3K a year for my business coach. My main expenses are freelancers, particularly my editor who works on everything I write, but also my small team of freelancers I hire within my micro agency. Did you make any one-off purchases? In 2023 I finally upgraded to a new Macbook, AKA my business' primary engine. Hot tip, I saved my old Macbook to use as my insurance policy. Because I live on a very small island, where the closest Apple store is a day's travel away, I have this second computer should anything ever blow up my new one. No lost work due to technical issues! Do you rely on subcontractors? In 2023 I spent $28K on freelancers. This was down somewhat from 2022 where I spent $35K on freelancers. The majority of this goes to my esteemed right hand, my editor. She works on everything I work on. The rest are freelancers I hire for my micro agency. But with SEO blogging on the down this year, this service has become less valuable. Do you contribute to a pension? Beyond the minimal CPP contributions in Canada (5.25% of their earned income up to the designated maximum annual pensionable earnings), I also work with a wealth management company for my invesments. I put away at least $1,200 a month towards investments in my Tax Free Savings Account as well as my Registered Retirement Savings Plan. When I have extra cash at the end of the month, I throw it into a savings account. Then, at the end of the year, I work with my advisor to compare my income with the tax bracket. We invest this extra money in a way that brings down my total annual taxes. Do you have any hot money-management tips? I pull 25% of everything I make into a separate account for end of year taxes. I pull an additional %10 of what I make into a vacation fund. These add up quickly, and I never miss the money.
As always, happy freelancing :) Lizzie ✨ Interested in sponsoring Friday Freelance Tips? Get your brand, product, or service in front of 5,750+ freelancers, entrepreneurs, and founders. See sponsorship options here. Follow me on Instagram and on Linkedin, where you can see the behind-the-scenes of my business. |
Want a sneak peek into what it's really like being a freelancer? Spoiler: It's not all sunshine and rainbows. Every Friday, I share a tip I've learned from painful personal experience, plus everything I've been working on that week. Join me (and 4,000+ fellow freelancers!) on a behind-the-scenes adventure! 👇
Hi Reader, Happy Friday! This is the final Friday Freelance Tips newsletter of the year (and what a year it's been!). I'm taking a full two weeks away from my desk over the festive break and it's VERY much needed. I hope you manage to take some time to rest, relax, and reflect on the past year. Or, you know, just stuff yourself full of mince pies and wine (that's what I'll be doing!). P.S. This week on Instagram, I shared another day in the life video that shows what I get up to as a...
Hi Reader, Happy Friday! Just a quick reminder that you don't have to "finish the year strong". I'm planning to let it fade out in a fog of mince pies and mulled wine. In fact, I'm basically WISHING it away at this point. I'm exhausted and desperately need a break, and I'm pretty sure a lot of you feel the same! P.S. This week on Instagram, I revealed how I manage to work 20 hours a week as a freelancer. See it here. Here's what I've been up to this week work-wise: 👉 I wrote 3 pieces for...
Hi Reader, Happy Friday! When was the last time you celebrated a project you were proud of? Creative fulfillment isn’t just about doing the work—it’s about acknowledging the wins. Finished a tough project? Celebrate. Landed a client? Celebrate. Learned a new skill? Celebrate. Give yourself permission to be proud. You’ve earned it. P.S. This week on Instagram, I shared some of the scripts I use to manage boundaries with clients. See them here. Here's what I've been up to this week work-wise: 👉...