Have you ever thought about becoming a freelance writer? Its a great way to earn a bit of extra cash from home or even turn it in to a regular earner. Today’s post is a guest post from Ruth at RuthMakesMoney.com. She shares her top tips to earn £500 a month as a part time freelance writer.
If you love writing and you also secretly think that you might be pretty good at it, then you might have already considered selling your services as a freelance writer. It can be a great way to create an extra income stream from the comfort of your own home, and the cash that you could potentially bring in could make a real difference to your life.
I’ve been freelance writing for around 8 years now. I can promise you that it’s definitely very possible to earn at least £500 per month. Even if you only have part-time hours to dedicate to it, and even if you have no formal experience or writing qualifications. It’s simply a case of having a plan, sticking to it, and being consistent!
I’ve made a lot of mistakes over the years. I’ve experimented with a lot of stuff that just didn’t work, but the good news is that you don’t have to. Here are five tips that you can implement to get you on the fast track to earning £500 per month as a part-time freelance writer…
Choose a niche and commit to it
First things first… What do you want to write about? If you try to market yourself as a generalist, then you’re going to make things much harder for yourself than they need to be. Your potential clients want to work with someone who really knows their stuff. Not just someone who’ll have a stab at writing about anything at all.
Maybe you’re a money-saving pro and you want to write about personal finance. Or perhaps you’re a fitness buff and you know you’d never run out of ideas when it comes to writing about health foods and the best exercises. There are lots of possibilities, but choose a subject area and stick with it. You might decide that you want to change or adapt it further down the line, but don’t fear putting yourself into a box for the time being. It’ll hugely increase your earning potential from the start.
Develop a pitching strategy
Needless to say, just because you’ve decided that you want to be a freelance writer, it doesn’t mean that all your potential clients are going to know about it, and start landing in your inbox offering you work. Especially in the early days. You need to get yourself out there and let business owners know what you can do for them.
There are absolutely tons of options here, but what worked best for me was checking out freelance job boards such as PeoplePerHour and Freelancer. Here, you’ll find tons of projects that you can pitch for. You simply send across a proposal outlining why you’re a great fit for the job. My advice is to commit a little bit of time each and every day to pitching. This is exactly what I did, and within my first few months of freelancing, I attracted enough work to replace my previous income.
Keep your agreements tight and clear
‘Scope creep’ is the enemy of any freelancer. This is when you’re not quite clear enough with a new client about what your fee will include. Before you know it, you’ve added a load of extra work to your plate that you hadn’t anticipated. It can be a huge drain on your time, and it can also seriously damage your earning potential.
Right from the beginning, make sure that you’re being really clear with your clients around what will be delivered, and when. This helps to manage their expectations. It also means that you can get paid on time for a job well done. Know your boundaries, and don’t be scared to tell a client that there’ll be an additional fee for anything that wasn’t covered in the initial project brief.
Avoid quoting an hourly rate
Charging by the hour often seems like the common sense thing to do. It’s how we’re paid for our time in the traditional world of work, and many new freelancers don’t really stop to consider that there could be another way. There are tons of potential issues with charging by the hour though. You’re essentially penalising yourself for working faster. Clients can’t be expected to know what you can deliver within a specific timeframe. And more importantly than that, they don’t really care.
It doesn’t matter to your client whether it takes you an hour to write a blog post, or five hours. What really matters is that they get the piece of work. So instead of charging by the hour, quote a fee for the completely project. It’s a much clearer way to work for everyone involved, and it also reduces the risk of a client trying to micromanage you.
Create robust systems so you run a professional writing business
If you want to be a successful freelancer who earns great money, then it’s important to recognise that the actual writing is only a fairly small part of the process. Yes, you’re a writer. But you’re also a business owner. Focusing on that part of your role is essential if you want to increase your earning potential.
Right from the offset, think about how you can systemise elements of your workflow so you save time, and deliver a really professional service to your clients. You’ll want to consider how you get the information you need from the client so you can get started. At what point you invoice, how you deliver the completed work, and so on. These things are often a work in progress and you’ll make tweaks along the way. However they’re what keep you organised and make sure that you don’t drop the ball.
The beauty of the internet means that if you’re a keen writer and you’re willing to commit to consistent action, you can realistically build up an income of £500+ per month from freelance writing.
There are clients out there right now who are looking for someone to help them with their projects… It’s just a case of getting in front of them and showing them what you’re capable of!
Will you be putting these tips into action? And what do you need to work on this week to turn your freelance dreams into reality?
Ruth is a freelance writer and blogs at RuthMakesMoney.com about genuine ways to make money online, including freelancing, matched betting, and eBay reselling.
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