By FAR the easiest way to monetize your creative skills is by offering freelance services. The only issue with that approach is that it puts a cap on how much you could ever hope to earn per hour.
- $50 per hour? Sure.
- $500 per hour? Maybe...
- $5,000 per hour!? Possibly
- $500,000 per hour? As a freelancer? There's no way that I know of...
The other issue with the freelance business model is that if you're not working, then you're not earning a dime (unless you know some secret hack to get paid time off as a freelancer, in which case hmu).
While freelancing can be a great way to get started as a designer, there's a far better business model that our podcast guest this week has used to earn up to $500k per hour–allowing her to travel the world full-time as a digital nomad.
The business model is partnering with big brands via licensing, and Cat Coquillette has mastered the process of being a prolific creator while also getting her designs placed in some of the biggest stores in the world, including Target, Urban Outfitters, Nordstrom, Bed Bath & Beyond, and more.
Listen now to hear how she built her design business from the ground up while skipping out on the freelance part entirely.
In this episode you’ll discover:
- How to skip the freelance game and jump into scaleable income
- A tax loophole to write off most of your travel expenses
- 80/20 for creatives - playing the numbers game
- Using Print on Demand services to sell your designs
- Being open to all opportunities
- Handling criticism well
- Contract negotiation - give and take
- The importance of an active mailing list
- Focusing on the important parts of your business
For full show notes, visit https://6figurecreative.com/215
