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Where to Find These Mythical “High Paying Clients” You Keep Hearing About

October 12, 2015 By FiveFigureSarah

Where to Find These Mythical "High Paying Clients" You Keep Hearing About - Five Figure Writer

Everyone’s crooning about finding clients with bigger budgets and dropping the low-paying, “I’m not sure what I want, maybe you should work on it hourly until I figure it out” kind of clients on newbie writers.

But how do you actually find these mythical check-writing unicorns?

Based on my experience working for myself since 2013, I want to help shed some light on where these people with big budgets hang out and how to find them. This post is 50 percent “How to brainstorm real people who pay for writing,” and 50 percent “How to identify if a project is worth a high rate.”

Spoiler alert: Stop scrambling for money and start looking for real people with real problems.

Step One: Scrap Inbound for Outbound

When inbound marketing became a hot pepper a few years ago, everyone and their mother started a blog and began pushing content.

For tons of businesses, this is a fantastic idea. Their customers are using search to find their products, and excellent content is an important way to meet those needs and start a relationship. Or they need to establish themselves as a thought leader and their content does that one step at a time (possibly even laying the foundation for a book deal). Or they need to sell their clients on what it is that they do and why it’s valuable (such as the case of a content strategist or marketer).

But for 100% writers? Not at all a good idea!

(Don’t throw rocks at me, please, I’m sure there are exceptions to this statement… but I want to rescue the hours you’re spending writing content for your blog instead of writing content for high-paying clients!).

In our minds, it goes something like this:

[Lucrative client reads your (free) thought leadership post about how great freelance writers are], and says, “Wow, I wonder if this smart writer will write this for me?”

In reality, it goes something like this:

[Lucrative client reads headline only], and says, “This is a great topic — I need to get my writer to write about it…” or doesn’t read your blog at all.

When I closely evaluate where my most profitable clients and most enjoyable relationships came from, the trail goes straight to two specific marketing strategies:

  • I reached out to brands and companies I loved or respected
  • Clients I helped referred me to their business connections

The common thread here is not blog posts or web hits or resumes. It’s people. It’s relationships. So the best thing you can do to connect with good clients is to stop putting time and energy into writing blog posts and start investing it into emails that build real relationships with real people.

Stop putting time and energy into writing blog posts and start investing it into emails that build real relationships with real people.

High-paying clients have powerful networks and they use them. They pass recommendations and referrals back and forth day in and day out. They are paying back favors, asking favors, and meeting with people who are also successful. They want to be valuable to their network by having a good recommendation (possibly: you!) and they want to work with writers that other people have successfully worked with (again, possibly: you!).

Step Two: Reach Real People With Real Values (That You Agree With)

The post that tipped me off to writing this manifesto is Jake Jorgovan’s “How I Won Fortune 500 Clients Through Simple Outbound Marketing.” In this post, Jorgovan sings the praises of outbound marketing, where you straight up chase after the work you want like a talented yet rabid poodle as opposed to today’s very popular inbound marketing. He points writers toward pursuing trade associations, trade publications, industry awards, and conferences and conventions.

I want to second that and add another layer: pursue trade associations, trade publications, industry awards, conferences, conferences… and brands, companies, and products you love.

When I’m feeling the burn on my empty calendar, I’ll start prospecting with companies I looooooove.

I’ve emailed Alter Eco because I love their chocolate and Coconut Bay because their coconut water tastes like vanilla cake to me. I’ve emailed Liz Ryan’s Human Workplace because their posts are amazing, and Buffer and MailChimp because I use their products.

I start with a genuine connection and a compliment because I know that my love for their product makes me an excellent resource to shine a light on what makes me love them in the copy I write. Then I ask if they need help keeping up with today’s demand for high-quality content.

The brands I’ve listed here didn’t take me up on this offer — but they did appreciate the compliment. Writing those emails also made me feel good about the work I do and the products I like. So even though I didn’t land the business, it was a win-win for my time spent. And, of course, some of the other emails I wrote worked out!

(To get started here, check out Ed Gandia’s insights on Warm Email Prospecting!)

When you connect with people based on these interests, you meet out-of-the-way, hard-to-find people who powerful enough that they have good jobs (Chief Marketing Officer, Demand Director, etc) but not famous enough that a genuine, complimentary email will bore them. And that’s where the magic happens.

Step Three: Look For Painful & Costly Problems That You Can Solve

Jonathan Stark has an excellent, free resource called Expensive Problem that walks you through this concept better than I ever could (if you sign up for his newsletter, you’ll also get a fantastic proposal template). For writers, though, there’s a tl;dr version: how expensive is the problem you’re going to solve for your client?

If you’re writing for someone who runs a hobby food blog, you’ll never make more than $10 a post because the blog owner isn’t making money on it either (and, after all, “they could just do it themselves”). Oprah herself could write the post and it will simply never be worth more than $10.

But what if the person you are writing for sells three $750 products for every new blog post that goes live? Suddenly that post is worth $2250, and they’ll gladly pay a fraction of that cost (say, $200) to get it off their to-do list and have it be done by a professional.

This is the relationship you’re looking for: a project where you add value and make people money. If you don’t do that, you may land the job or the client, but it won’t be for long because the money will run out.

There are approximately three people in the world who will to spend more money on a writer just for the luxurious experience of spending more money on a writer.

There are approximately three people in the world who will to spend more money on a writer just for the luxurious experience of spending more money on a writer. The rest of the world expects to get more when they pay more. And if it isn’t obvious that they’re getting more, they simply won’t pay for it.

Step Four: Accept Responsibility for Getting Paid More

Look, accountability sucks sometimes. But the reality is that if your clients aren’t paying high prices…. it’s because you let them.

If your clients aren’t paying high prices…. it’s because you let them.

Pricing is all about positioning and boundaries. Position yourself for higher rates (Leah Kalamakis wrote an article that will help you see this process in action), then say “No!” when people want you to work for less (Ross Simmonds helps you see why that’s valuable).

Build up a huge savings so that you don’t blink when you have to say “No!” and you have the time wealth to pursue better opportunities. Replace low-paying clients with clients you have a passion for and clients who have expensive problems. Anything in between is what’s known as a rut and you’re choosing to stay in it.

Was This Helpful? Help Someone Else!

Hopefully this gave you some creative ideas for connecting with people who value what you do more than your current clients. If this sets you off on a new path of high paying clients… let me know in the comments where you went & what you did to make it happen!

Filed Under: EARNING Tagged With: blog posts, clients, cost, find high paying clients, make money, Pricing, work less

Stop Clicking, Start Improving: How to Fight Off Information Overwhelm

October 6, 2015 By FiveFigureSarah

 Stop Clicking, Start Improving: How to Fight Off Information Overwhelm - Five Figure Writer

There are 1 Billion websites in the world. And sometimes it feels like there’s about twice as many resources for how to be awesome at freelancing, make six figures or more, or “4-hour workweek” your hair so you never have to use a brush or gel again.

In some ways, this offers us freelancers a world of plenty. There’s always a better way to invoice or an easier way to pitch a new client. But the reality of having a limitless supply of new, exciting information at your fingertips everyday? It’s paralyzing.

You only have so much time in a week. You only have so many mouse clicks in a day. And you can only read so fast.

You only have so much time in a week. You only have so many mouse clicks in a day. And you can only read so fast.

If you aren’t very careful about how you spend your time (and what you sign up for  in your inbox), information overwhelm creep into your daily habits and prevent you from getting any work done at all.

And worse yet? Information overwhelm will make you  miss out on the truly useful and actionable information that’s out there!

I’m not here to recommend any course or communities in particular, but I do have advice for handling the overwhelm so you don’t go bat crap insane (like I was feeling toward the end of summer this year).

1. Pick three communities and ignore the rest of them.

This is a random number, but it feels right to me. You don’t have fifteen hundred eyes and you only have 24 hours in a day. You can’t read everything, download everything, or take every course. You also can’t follow up with everyone and build a close relationship with everyone (if you think you can, you’re likely not being genuine about it).

It makes much more sense to pick three communities with leaders that resonate with you the most (and that might be filed with potential clients, potential peers, or whatever) and stake your flag.

I get it. Picking three in a million will be difficult. But think of the upside. Limiting your time investment means you’ll develop deeper, more personal relationships because you’re engaging, not lurking. This also means people within these communities will recognize you and what you do, rather than being 1 in a million of the faces they see throughout the day.

Find a blog you love with a voice that speaks to how you see the world and how you want to run your business. Focus on personality, tone, and values. Choose leaders who meet your aspirational goals (such as monthly income, independence, or level of confidence) not your personality goals (“I wish I could be as sassy as she is, it’s so entertaining!”). This will help you find other like-minded freelancers and writers who will be easy to connect with on a personal level.

The rest of the communities? Unsubscribe. Leave the group. Stop commenting.

The blogs that don’t sync with you? Unsubscribe. Leave the group. Stop commenting.

Now that’s not to say you aren’t reading a good blog post now and then or sharing the crap out of everything on Twitter. But when it comes to day to day engagement and investment, you have your big three and that’s that.

Use the least-stressful social media account you have (for me, that’s Twitter) and follow EVERYONE. That way you still see new promotions or popular posts and ideas as they come up, but it’s not distracting you from important work in your inbox.

2. Get old school (and offline) with handwritten note-taking.

Besides stuffing up your inbox, information overwhelm often fills your brain and computer with digital fluff. After a while, it’s hard to tell one promotion from another, let alone which ones you’ve read and which you haven’t.

Fight that feeling by taking handwritten notes, sharing the information with one other person, and deleting the information when you’re done.

Take handwritten notes, share the information with one other person, and delete the information when you’re done.

Stop clicking and signing up for things will-nilly, promising yourself “I’ll get to it later” while it clutters up your inbox and your subconscious. When you sign up for a new program or club, download everything you need and read it immediately, taking real, live handwritten notes for the important stuff.

Not only will this help you declutter in the long run (no saving weeks and weeks of 1 by 1 emails from prominent thought leaders), but you will also get more out of what you download immediately.

HandWrittenNoteTaking

Just the other day I rediscovered the art of handwritten notes while going through a free email course I’d been meaning to read for ages. I took one full page front and back (see pic) and now I swear this stuff is ingrained in my brain! I understand it more than the times I read it quickly in my email, and the emails are cleared out of my inbox.

Sharing it with one person before I delete it (if it’s good!) further instills the knowledge in my mind and gives me an opportunity to help two people: the person who wrote the item as well as the person I forward it to.

3. Review your “doing” ratio.

The deepest problem of overwhelm is that you’re overwhelmed. You have so much information…and very little time or energy to implement whatever you read about or learn.

Take a minute to think of all the crap you’ve signed up for in the life of your time online. How much of it have you actually implemented? When I consider the hundreds of eBooks, courses, books, blogs, and downloads I’ve ever looked at, the reality of what has effected real change in my business or writing is very, very small. Like, maybe 4 or 5 things I could really point to (and I list them on the resources page).

Slow your roll. Stop signing up for things unless you plan to do them immediately.

Slow your roll. Stop signing up for things unless you plan to do them immediately.

This might seem really uncomfortable at first. But when you sign up for 5 new things each week (without completing the 5 things from last week) you’re floating in a sea of knowledge. It lubes up your mental grip too much to make any progress at all.

When you sign up for these things, you’re basically saying “I’m going to watch these opportunities fly by while I feel too overwhelmed to do anything about them.” Instead, sign up only for things you can get a grip on right away. Try them out, take handwritten notes, and then unsubscribe if it doesn’t resonate with you within a week.

I will still try new things, read new blogs, and download new PDFs, but I do it now with a shrewd and firm look at what I will actually implement. If I’m the third email in and it’s not something I stop what I’m doing to implement, I unsubscribe.

4. Take time off.

I don’t want to reiterate the whole post here, but taking time off — essentially giving yourself LESS time to do work — will help you fight overwhelm.

Taking time off —  giving yourself less time to do work — will help you fight overwhelm.

Listen, I could check email All. Day. Even when I have inbox zero (which I strive for at all times) there’s more I could send and more I could follow up with. This kind of work expands according to how much time you give it.

So if you give it less time — by getting away from your computer and not working more often — you will work less, produce more, and be less stressed. You will essentially capture and control the work you’re supposed to do within the cage of a few hours and, voila, the end of overwhelm. If you don’t know how to say “No,” it’s a valuable skill to learn. Check out Nick Reese’s blog post with three simple scripts for declining questions and invitations.

Putting It Into Practice: “Underwhelming” Your Business Habits

There’s so many ways to feel overwhelm, so the solution is a little scattered. Here’s a way to get started:

First, take inventory of all the educational and influential things you follow:

  • Sign up for https://unroll.me/ and take a look at everything you’re subscribed to.
  • Look at your feed reader and count the business-related blogs you read
  • Look in your “Read later” file on your computer, email, drop box, Google Drive or wherever you keep it
  • Pull up your list of “must read books to buy on Amazon” or “What to put on hold from the library”

Then mercilessly cut and slash things you know aren’t worth your time. Straight up delete files from your computer and blogs from your feed reader. File-wise, organize everything truly worth your time into one place.

Then schedule out the following underwhelming activities:

  1. Networking time throughout the week to build relationships in the three communities you decide to engage in.
  2. Reading days each week where you can systematically walk through these items, implement and note-take on them, throughout the rest of the month.
  3. Book-per-week or book-per-month reading schedule of all those books you’ve been meaning to read.

This schedule will have less on it. It will seem like you aren’t accomplishing much at all. But when you make time to actually go through a small list of things to read and then you actually read those things… you’ve done more than anyone “planning to read 30+ books this month.”

The End of Overwhelm

How many years have I spent trying to read “ALL THE BOOKS!” instead of just one book? And how many books could I have read if I focused on one at a time?

How much time have I spent reading through Facebook freelancer group messages, yet not engaging or making friends in those groups because I’m too busy lurking?

It’s time to stop this nonsense. So, for me, this means I am going to put time in my calendar this week to finish How to Get People to Do Stuff by Susan Weinschenk, a business book that has been on my Kindle, half-read, for six months. I’m also going to leave the one group I lurk in (because it’s just not a good values fit for me) and engage more in the two groups I like.

What are you going to do?

Filed Under: WRITING Tagged With: blogs, books, click holes, clicking, community, courses, freelancing, influencers, learning, mastermind, overwhelm, thought leadership

The 4-Point Case for Not Working Yourself To Death (& Taking a Day Off)

September 28, 2015 By FiveFigureSarah

The 4-Point Case for Not Working Yourself To Death (& Taking a Day Off) - Five Figure Writer

If you’re like me, you’ve got “workaholic” written all over your forehead. Which is ironic, really, since many of us came into the freelance life to avoid working so much and having so little to show for it.

But alas, being a Type-A hard worker means you’re more likely to work your butt off and less likely to take breaks when you need it… right up to the point that you’re stressed out and eyeing the full-time writer listings on your favorite job search engine just to get a break.

Being a Type-A hard worker means you’re more likely to work your butt off and less likely to take breaks when you need it.

Of course, over-work isn’t always because things are bad. When you’re working for yourself on projects that excite you and clients that appreciate what you do? You’re even less likely to give yourself a rest for the sheer fun of what you’re doing.

If you’re stuck in the spiraling inevitability of burnout, here are four logical arguments that create a compelling case against working yourself to death:

1. If You Invest All Your Hours Into Your Clients, You’ll Have Nothing to Show For It

You know money is finite? How if you spend your paycheck, you can’t invest it because it’s been allocated somewhere else? You only have so much money and once you choose where it goes, it’s gone.

Your time as a freelance is the same way. If you try to bill all of the hours you work as client work, there’s no time left over to do the things you need to do that will sustain your business (and your sanity) in the long run.

Michelle Nickolaisen has a great post on the Freelance to Freedom website that explains this exact phenomenon:

My current per-word rate is .25 so 2,500 words/day at that rate = $625. $625/day x 22 workdays this month = Holy crap, that’s $13,750! I’m gonna be rich!

…In theory, I could make that large sum of money every month if I did nothing but worked on client work all day, every day.

But if I did that, the following would happen:

  • I wouldn’t have any product income coming in
  • I wouldn’t have any class or course income coming in
  • I’d be at the mercy of my current clients and when/if our work together came to a close, I’d be left without any interested parties to help fill that income gap (because I hadn’t been pitching or marketing)
  • I’d be burning out because I wouldn’t be working on anything that wasn’t just for me or my creativity

When you work as an employee, you “bill” 40 hours per week working because the company has other people who do the marketing, the professional development, the lead generation, and the website design. When you work for yourself, that person doesn’t exist (unless you delegate). It’s futile to try to bill all of your hours, so you must work time off, professional development, and personal passion or income projects into your pricing.

2. Stress Turns Off Creativity, Productivity, and Your General Will to Live

When you overwork yourself, you trigger the consequences of long-term stress and overwhelm. Guess what happens to your free-flowing creativity when that happens? Study after study shows that over-worked, stressed-out employees are less creative, less productive, and less able to feel their best.

In fact, one scientist describes the process like drizzling fine sand in the brain. “It might keep working,” says Rick Hanson, PhD, “but if you dump enough sand in there, it’ll freeze up at some point.”

Repeat this mantra to yourself: By taking a break, I will be able to work better, faster, and more passionately later this afternoon.

The moment you feel anxious or stressed out about work might seem like the least likely time you want to take a break, but it’s the most important time to do it. Repeat this mantra to yourself: By taking a break, I will be able to work better, faster, and more passionately later this afternoon. Then go take a break without your cell phone, laptop, or tablet.

3. A Relaxed Freelancer Provides Better Client Experiences

We’ve all taken a client call when we were high on an impending deadline and the accompanying cortisol rush. How did it go? Were you receptive to ideas and warmly communicative? Or were you a bit too brisk, distracted, and way too relieved when the call ended early? Chances are your client noticed.

The tangential effect of overworking can seep out into how you treat your clients, which in turn can make them feel less-than-excited to work with you. Worse, they might feel like it’s a bother to work with them, talk to them, or provide services. Those tiny micro-damages to your rapport can build up over time until eventually another (more energetic) freelancer snaps your contract out from under you.

I know it’s time to take a break when I roll my eyes at absolutely every email I receive.

For me, I know it’s time to take a break when I roll my eyes at absolutely every email I receive, as if working for myself is one great inconvenience. It could be someone writing to let me know they have sent me a million dollars by check, and my first reaction is “Oh, great, thanks so much for sending that by mail so it can take two weeks to get to me and get lost real easy.” It’s not the email, it’s not the client… it’s me. And I know I need to get my attitude straight before anyone notices.

(Pro tip: When I feel this way, I never answer emails right away. I complain to my husband (if necessary) and let it sit at least two hours. Then I write the most polite and helpful yet firm response back possible.)

It’s one thing to hustle your business into being. Those early days of constant work and never-ending pitching were important to establish your business and get income through the door. But when you step up a level to running a business (instead of having your business run you), you need to step up a level to manage your obligations in a way that leaves you relaxed and open to connecting with clients.

4. If You Don’t Take Time Off… What’s the Point?

Okay, I get it. There’s tons of benefits to running your own business, including making more income (one month I actually tripled what I was taking home from my full-time job) and being selective about who you work with. But many of us also hoped for more time to spend with our families, maintain our homes, or invest in hobbies.

I’d like to request a show of hands: how many of us actually take days off, spend time with family, or pursue hobbies? If your day looks anything like mine, you are either working or thinking about work most of your waking hours. And if you’re having income problems, you may even be swapping sleep for work or worrying.

This is the path most likely to send you back to a full-time job. Because, even if you have to work with and for people you don’t like, work more than 40 hours per week, and make less money… at least you know you’re done with the day when you leave at 5 or 6pm.

Despite making tons of money as a freelancer, sometimes the stress and the “unknown” makes me eye those full-time copywriter jobs a little too long.

I’ve been there. I’ve felt this way. Despite making tons of money as a freelancer, sometimes the stress and the “unknown” makes me eye those full-time copywriter jobs a little too long. But honestly? It’s my own fault! I’m choosing not to do the things I need to do and then I’m surprised when I feel overworked and overstressed.

We’ve all manhandled ourselves into finishing a deadline we really weren’t in the mood for. This is no different. You need to tap into that amazing self-control and cold-hearted decision-making to force yourself to do what you gotta do. In this case, that means scheduling a break or a vacation to do those things that we work for ourselves to achieve in the first place and sticking to it come hell or high water.

If we want to reap the rewards of working as hard as we work, we need to smack ourselves in line from time to time to do the things that have nothing to do with work so that we can stay true to “The Point of It All.”

The Refined Writer Challenge: Taking Time Off

Here’s where you have to put your money where your mouth is. Ignore your hourly billable rate. Ignore the progress you could make on that site if you only worked another 3 hours. It’s time to commit to taking regular time off each week to recharge, refresh, and remember why you’re doing what you’re doing.

For me, that means taking off after noon on Fridays to go somewhere I usually don’t go and not work. If you want to join me sometime during the week (maybe even for a whole day off!), tweet me up at @AwYeahSarah with #NotBilling so we can see what you’re up to and how it improves your business.

Filed Under: WRITING Tagged With: billing, client expectations, creativity, hourly, not billing, relaxing, stress, time off, value

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Freelance B2B writer. Building things and breaking them (including myself).

Making money with words since 2013 (& teaching others to do it since 2016).

Warning: There be opinions here.