4h • Notes 📝
Video name: Setting Realistic Goals in Freelancing
Here are some Key Notes on the topic:
Free lancing is easy to all but if someone has a lazy mindset, it will be hard for them to do free lancing
Goals are to be broken in 3 levels
Short term: takes the time period of about three months in which you land your first three clients, refine service offers and setting up a portfolio
Midterm:midterm takes a time of 3 to 12 months in where you earn 2 thousand to 5 thousand usd per month, build authority and optimize pricing
Long term: long term takes about 1 to 3 years where you scale to 10k per month,automate tasks ,hire help and transition to an agency
Breakdown of the terms:
Apply to at least 5 to 10 jobs
Send 20 instagram or linkedin
If no portfolio offer 3 free projects or low cost
Test different service packages
Middle term
Optimize profile
Ranking upwork search algorithms
Raise prices every 3 customers
Post content
Engage with potential clients
Long term
Stop actively applying for client
Rank in top rated or plus
Offer high ticket packages
Hire a junior freelancer
Build a lead funnel
Using data not emotion
Check market demands before picking up a niche
Track hours worked and money made
Track conversion rate instead of long proposals write short client focused messaging
Stop on low cost projects and focus on bigger ones
Reverse engineering earnings
Eg if you want 5k per month if your rate is 50 hour you need to adjust pricing
Set system based goals
Send 20 quality proposals
Focusing on high leverage activities
Learning new skills is good marketing and skill s get better results
Free lancing is active work and is not a passive income
Skills are not just the main points but marketing an sales dose the real trick
Fancy and modern tech or websites are not necessary for good results
Freelancing is not easy but skill and discipline has a vital role in this journey.
I hope I have summarized some of the key points that you can keep in mind while on your journey to efficient productivity and profitability in Freelancing.
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Video name: Setting Realistic Goals in Freelancing
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