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Hi Reader, Happy Friday! If you haven't already got my Freelance Starter Kit, I definitely recommend you check it out. It's not just for brand-new freelancers starting out in this hellscape of AI. It's also pretty useful for seasoned pros and those who have some skin in the game - even if just to check whether you're missing a potential string to your bow. βGet it here. β P.S. In this week's Instagram post, 10 freelancers share how much money they make. Check it out here. And don't forget to give me a follow for regular tips and tricks! Here's what I've been up to this week work-wise: π I refreshed 3 pieces for Shopify π I wrote 3 pieces (for Modash and Spoke) π I had a call with a new client about blog content π I had a call with an old client who wants to work together again β± Approx hours spent on client work this week: ~23 β± Approx hours spent on non-client work: ~2 π° Total revenue this week: Β£3,980 Want to advertise your business, course, product, program, or software to 7,500+ freelancers and creative business owners? Check out the affordable sponsorship options here. β Friday Freelance Tipββ β¨ β In 12 years, I've had zero months with no income. I want to say that with a BIG caveat before we go any further: this does NOT mean twelve years of smooth sailing, healthy invoices, and zen-like calm about money. Far from it. I've had months where I've stared at my banking app and felt genuinely sick. I've had the classic freelance rollercoaster... a brilliant quarter followed by a nervous one, a client who ghosts, a slow January that makes you question every life choice you've ever made. But even in the wobbliest months, even when I've been travelling with a laptop and a prayer, something has always come in. And I've been thinking a lot lately about why, because I really don't think it's luck (well, not entirely, anyway). So this week, I want to pull back the curtain on that system. And that's not because I think income gaps are some personal failing (they're absolutely not, freelance income is inherently lumpy, that's just the nature of the beast), but because we all need a bit of stability in this absolute corker of a landscape. First, lemme get real with youLast year, a long-term client took their content in-house completely out of nowhere. That client made up a significant chunk of my monthly income, and losing them overnight really, really hurt. It terrified me for hot a minute. Any time this happens (and it's happened a fair bit), I resign myself to the fact the gravy train is over and I'll have to go back to the job hunt. I'm telling you this because I don't want this newsletter to read like "I've cracked the code and you haven't." I haven't cracked anything. Nada. What I do have is a set of habits that meant that even in that scary month, I wasn't starting from zero. Which brings me to reason number one... I plan ahead, alwaysMost of my work is ongoing rather than one-off projects, which already helps a lot, but even ongoing contracts end eventually. So I try to always know:
Knowing this in advance means I'm never surprised by a gap forming because I can usually see it coming a few weeks out, which gives me time to act instead of react. I have a system for when a contract endsHere's what I do the moment I know a gap is forming:
None of this is groundbreaking by any stretch of the imagination. But doing it immediately, as a reflex, rather than panicking for two weeks first can really make a difference. I network even when I don't need toThis is the slightly less glamorous, more long-game part of the system. Every single month, regardless of how busy or crickety my calendar is, I make a point of connecting with new people in my industry... content managers, marketing leads, other people in a position to hire freelancers. I don't pitch them or anything, I just want to get on their radar and be a friendly face when the day comes that they do need someone. The compounding effect of this has been huge. The longer I've done it, the bigger and warmer that network has become, and the easier it's been to fill gaps in my roster when they appear. BTW, I teach this exact method in The Hello Effect, which is launching on Sept 1st for the 2nd time. If you're not already on the waitlist, get yourself on there because I'll only be launching it there! I said yes to almost everything early onIn my first year or two, I took on all sorts of work I wouldn't touch now. Some of it wasn't exciting. Some of it wasn't even particularly well paid (in fact, a lot of it paid absolute peanuts). But it gave me two things: income, obviously, and information. It taught me what I actually enjoyed, where the real demand was, and where my skills were valuable. Once you've got that knowledge, you can start being more intentional... like building visibility in a specific niche, showing up consistently in one particular corner of your industry, rather than being a generalist shouting into the void. If I were starting againIf I were a brand new freelancer reading this, this is what I'd take away: build your network and your "gap system" before you need them. Start the habit of reconnecting with past clients, chatting to other freelancers, and meeting new people in your industry as a low-key monthly ritual NOW rather than when you're in the pits of despair with no work lined up. Reminder: income gaps in freelancing aren't a sign you're doing it wrong. They're just part of the terrain. But having a reflex and a set of go-to moves you trust makes a world of difference. I'd love to know: what's your go-to move when you feel a gap coming? Hit reply and tell me, I read every single message! As always, happy freelancing π Lizzie β¨ We need more Freelance Money Diaries entries! I'm forever grateful to anyone who shares their finances with us (you can do it totally anonymously!). Click the button below to do yours! of
As always, happy freelancing :) Lizzie β¨ Interested in sponsoring Friday Freelance Tips? Get your brand, product, or service in front of 7,500+ 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 7,000+ fellow freelancers!) on a behind-the-scenes adventure! π
Hi Reader, Happy Friday! I've been thinking a lot this week about how different the freelance landscape of today is compared to when I started back in 2014. Things have definitely changed (some for the better, some for the worse), but us freelancers are pros at pivoting with the times. It's a great life skill to have in general, but it's absolutely critical when we're trying to run businesses while the world is basically (and literally) on fire. To help, I created a totally free step-by-step...
Hi Reader, Happy Friday! I usually take this time of year to reflect on the first 6 months and think about what I'm going to do for the remainder of the year. But at the moment, everything feels so up in the air that it feels pointless even trying to plan right now. If you also feel this way, you're absolutely not alone. I'm hoping this week's topic will help you with this! P.S. In my latest Instagram post, I share exactly how much I made in July, including my total revenue and expenses....
Hi Reader, Happy Friday! I've created a new tool this week for the first cohort of The Hello Effect to help them track their networking efforts. The program is almost ready for its second intake, so I'll be opening doors again in September for a limited number of folk (I took on 15 in the first cohort, but I might reduce to 10 next time). If you're interested, make sure you're on the waitlist as I'll only be launching it there to save overwhelming peeps who don't want to hear about it. P.S....