The dark side of freelancing (that no one wants to discuss) is the wasteland of low-dollar "Fiverr Freelancers" charging bottom-dollar rates for "butt-in-seat" projects.
Whether you're on Fiverr or not, you may still be trapped in this low-dollar wasteland that is essentially just another soulless day job you've created for yourself.
These projects tend to be unfulfilling and draining, and you end up in a horrible financial place.
This is what so many newbies and struggling creatives do, and many never make it out of this trap.
I know this might sound painfully obvious, but you can't build a sustainable freelance business out of low-dollar, unfulfilling work where you're competing with hundreds (or thousands) of copycat competitors willing to work longer hours for less money than you.
This is why I wanted to bring on Ryan Koral from Tell Studios to talk about how he successfully transitioned from $500 projects to regular $50,000 projects, eventually scaling his freelance business to over $1,000,000 per year.
Ryan shared a ton of incredible info, including one of my new favorite strategies for closing high-dollar projects, so do not skip this week's interview.
In this episode you’ll discover:
- Why Ryan pivoted from a full-time job earning $23,000/year to a becoming a full time freelancer
- How "yes mode" affects the start of your business
- Why you don't hire significant others for your business
- Dealing with employees who don't have the right expectation
- The benefits of delegating tasks to others
- Why your employees aren't the idiots you think they are
- Your value vs. how your clients value your work
- How to sell a low $$$ workshop that leads to a $50k project (with a 100% success rate).
For full show notes, visit https://6figurecreative.com/284
