If you are in freelance writing gigs like me, you may be wondering how you can make more money. The good news is that there are several ways to make $10,000 or more per month from freelance writing gigs.
I started as a freelance writer in 2019 when I got my first official 9-5 job as a Content Writer for a Logistics Company. The freelancing gig served as an eye-opener for me as learnt some brilliant steps to make $10,000 monthly from Writing.
This is why I left my 9-5 job!
In this article, we will share everything you can do to make $10,000 or more per month from freelance writing gigs in 2023. We will also share some resources that you can use to find high-paying freelance writing gigs.
Freelance writing: What you must know!
Freelance writing is a type of work where individuals write for various clients on a project-by-project basis.
Freelance writers are self-employed and are not typically tied to any one particular employer. They often work remotely and have the flexibility to choose their own clients and projects.
Freelance writing can cover a wide range of topics, from business and finance to science and technology, and can be done for various types of publications, such as magazines, websites, and blogs.
5 Reasons why you should start freelance writing in 2023
There are many reasons why you might consider starting a career as a freelance writer. Here are five potential benefits of freelance writing:
One of the biggest advantages of freelance writing is the flexibility it offers. Freelance writers can typically choose their own clients and projects, and they can work from anywhere and set their own schedules. This can provide a good work-life balance and allow writers to pursue their passion while still meeting their other commitments.
Freelance writing can be a diverse and exciting career, as writers have the opportunity to work on a wide range of projects and topics. This can provide a sense of variety and challenge that can keep writers engaged and motivated.
Freelance writers have more control over their careers than many other workers. They can choose the clients and projects they work on, and they can set their own rates and negotiate their own contracts. This allows writers to take ownership of their careers and shape their own professional paths.
Freelance writing can provide opportunities for growth and development. Writers can learn new skills and gain valuable experience that can help them advance their careers and open up new opportunities in the future.
Finally, freelance writing can be a deeply satisfying career for those who are passionate about writing. Being able to create and share written work that connects with others can provide a sense of accomplishment and fulfilment that can be hard to find in other jobs.
How to get started with freelance writing
There are many ways to get started with freelance writing. Here are some tips to get you started:
1. Start by writing for yourself. The best way to get started with freelance writing is to write for yourself. This will help you get a feel for the process and what it entails.
This is what works for me, and I am certain that it is a good way to start.
2. Once you have a good understanding of the process, start looking for clients. There are many ways to find clients, such as online job boards, freelancer websites, and social media.
3. When you have found a few potential clients, reach out to them and pitch your services. Be sure to include samples of your work so the client can see your writing style.
4. If the client is interested, negotiate a rate and start working on the project. Once the project is completed, be sure to get feedback from them for your portfolio.
See Also: Several reasons why most Freelancers remain Broke
Types of freelance writing gigs you can start today
There are many different types of freelance writing gigs, and the specific type of work can vary depending on the client and the project. Some common types of freelance writing gigs include:
- Article writing: Writing articles for magazines, websites, or blogs on a variety of topics.
- Content writing: Writing website content, such as product descriptions, blog posts, or marketing materials.
- Technical writing: Writing instruction manuals, guides, or other technical documents for a specific audience.
- Creative writing: Writing fiction or non-fiction stories, poems, or plays.
- Grant writing: Writing grant proposals to secure funding for organizations or projects.
- Copywriting: Writing copy for advertisements, brochures, or other marketing materials.
- Ghostwriting: Writing a book or other written work on behalf of another person who will be credited as the author.
These are just a few examples of the many types of freelance writing gigs that are available. Freelance writers may specialize in one particular type of writing, or they may have a diverse portfolio of work in different areas.
How to make $10,000 monthly from freelance writing gigs
I must say that making money as a freelance writer can be challenging, and the specific steps to achieve success will depend on many factors, such as your writing skills, the type of writing you do, the clients you work with, and the current job market.
While there is no one-size-fits-all formula for success as a freelance writer, there are some steps you can take to increase your chances of success. These may include:
- Develop your writing skills: Successful freelance writers have strong writing skills, including the ability to write clearly and concisely, research effectively, and adapt their writing style to different audiences and purposes.
- Specialize in a particular type of writing: Many freelance writers find success by specializing in a particular area of writing, such as technical writing, grant writing, or content writing. This allows them to develop expertise and build a reputation in a specific field.
- Build a portfolio of work: As a freelance writer, your portfolio of work is one of your most important assets. It can help you showcase your skills and experience to potential clients and demonstrate your ability to deliver high-quality work.
- Network with other writers and clients: Building a network of other writers and potential clients can help you find writing opportunities and gain valuable insights into the freelance writing market. You can network through writing organizations, conferences, and online forums.
- Be professional and reliable: Successful freelance writers are professional and reliable. They deliver high-quality work on time, communicate effectively with clients, and maintain a positive attitude even in challenging situations.
- Set realistic goals and expectations: Freelance writing can be unpredictable, so it's important to set realistic goals and expectations for yourself. This can help you manage your time and resources effectively and avoid getting overwhelmed or discouraged.
- Stay organized and manage your time well: \Freelance writing often involves juggling multiple projects and deadlines, so it's important to stay organized and manage your time effectively. This can help you deliver high-quality work on time and keep your clients happy.
- Be willing to learn and adapt: The world of freelance writing is constantly changing, so it's important to be willing to learn and adapt to new trends and technologies. This can help you stay relevant and competitive in the market.
- Be open to constructive feedback: Successful freelance writers are open to constructive feedback and are always looking for ways to improve their work. They take criticism seriously and use it as an opportunity to grow and develop as writers.
- Persevere and never give up: Freelance writing can be challenging, and there will be times when you face rejection, criticism, or other setbacks. But successful writers persevere and never give up on their dreams. They keep working hard and learning from their experiences, and eventually, their hard work pays off.
I have some bonus tips for you.
There are some steps I took quite deliberately, like the following:
1. Building a Backlog of clients from none to 100 a month
“There's no question that the toughest part of starting a new business is finding your first client. Once you have your first client, everything else falls into place–you can perfect your product or service, start making a profit, and begin to expand. But without that first client, it's hard to get the ball rolling.
Read: How to Build a Backlog of Clients from none to 100 a month
In the above post, I'll show you how to build a backlog of clients from none to 100 a month and where to find them easily. You'll learn what a client backlog is, how to create one, and how to fill it with high-quality leads. By the end, you'll have everything you need to get your business off the ground.”
2. Growing my current client's book of business by 10% per month
I learned in 2020, that there is nothing as rewarding as growing my current client's book of business by 10% every month while retaining existing clients. This type of growth allows me to focus on creating additional value for my clients, which is the most important thing to me.
3. Make it easier for prospects/clients to give me money
Well, you may say this is not a big deal, but from experience, it is very important.
There are several ways to make it easier for prospects and clients to give you money. One way is to offer a variety of payment options. You can accept credit cards, PayPal, or even checks.
Another way to make it easier for people to pay you is to offer a discount for early payment. For example, you could offer a 5% discount for payment within 30 days.
You can also make it easier for people to pay you by simplifying your invoicing process. Make sure your invoices are clear and easy to understand and include all the important information (such as your contact information, payment terms, etc.). You can also set up automatic billing so that people can pay you without having to think about it.
4. I set my rates and amount of work monthly
As a freelance writer, it's important to set your rates and amount of work monthly. This helps you stay on top of your finances and work-life balance.
There are a few things to consider when setting your rates. First, think about your experience and expertise. What are you worth? Second, think about the market rate for your services. If you're in a high-demand field, you can charge more. Third, think about your financial goals. How much do you need to make per month to reach your goal?
Once you've considered all of these factors, you can set your rates. Once you have your rates, you can start to look for work. Use job boards, networking, and your personal network to find work.
The best way to set your rates is to first consider your overhead costs. This includes your costs of living, travel, equipment, and other business expenses. Once you know your overhead costs, you can then set your rates based on the type of work you'll be doing and your desired profit margin.
It's also important to consider the amount of work you can realistically do in a month. If you're just starting out, you may not be able to commit to a full-time workload. In this case, it's best to start off with a smaller workload and gradually increase it as you gain more experience and confidence.
To make $10,000 monthly, I determine that with a $100 per writing gig, I could make $1000 for every 10 clients or jobs. and for every 100 clients, I could generate over $10,000 monthly.
If you're worth $50 per project, then you'll be working towards getting 200 different clients in a month to meet up the $10,000 per month limit.
So, how easy it is to make $10,000 monthly from freelance writing gigs is solely dependent on your ability to satisfy as many clients as possible.
In conclusion, freelance writing can be a great way to earn money while doing something you love.
By following the steps outlined in this article, you can start building a successful career as a freelance writer. First, identify your niche and target market, and then create a portfolio of your work to showcase your skills and experience.
Network with other writers and potential clients, and use online job boards and social media to find writing gigs.
Set your rates and negotiate with clients to ensure that you are being fairly compensated for your work. With hard work and dedication, you can turn your passion for writing into a fulfilling and lucrative career.