6 Figure Creative

#306: Offering Recurring Subscriptions As A Freelancer | The Holy Grail Of Freelancing

Apr 30, 2024

Learn how freelancers can transition to recurring subscriptions for stable income. Explore success stories in photography, music, and design. Shift focus from one-off projects to ongoing relationships for financial stability. Discover the benefits of high-quality brand videos in legal services. Dive into the transformative journey of a boxer turned yogi and the power of offering recurring services.

31:12

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Quick takeaways

Transitioning to recurring subscriptions provides freelancers with stable income and client relationships.

Shifting from project-based work to subscription models enables designers to establish consistent client connections.

Deep dives

Transitioning to Recurring Revenue Model

Shifting from one-time projects to recurring subscriptions can provide freelancers with predictable income and stable client relationships. By offering retainer packages or monthly subscriptions, freelancers can move away from the constant hustle for new clients every month. Automatic customers, or recurring clients, allow freelancers to focus on maintaining client satisfaction and growing their roster without starting from zero each month.

Introduction

3min

Embracing Recurring Subscriptions as a Freelancer

15min

Transitioning to Recurring Subscriptions and Shifting Focus in Freelancing

4min

Exploring Transition to Recurring Service Offerings with High-Quality Brand Videos

2min

Transformation Through Yoga: A Former Boxer's Journey

7min

The life of a freelancer sounds amazing on the surface....

The freedom of being your own boss and setting your own hours. The flexibility of working when you want. For some, even traveling the world as a digital nomad is a possibility.

While that can all be true, the dark side is that there can also be a lot of unpredictability.

What if you could change that? Imagine knowing how much you're going to earn each month and having a clear picture of who you're working for in the coming months.

This isn’t just a nice thought... It's a reality for freelancers offering recurring services - think subscriptions, retainers, or monthly packages.

When you do this, you move from always hunting for the next client to having "automatic clients." This idea comes from turning one-time gigs into ongoing relationships where clients pay regularly for continued services.

Typically, freelancing is a one-and-done deal. You get a project, you do the work, you get paid, and that’s the end of the story. You start each month at zero—no guaranteed money, no clients waiting. It's like hitting the reset button every 30 days, which can make budgeting a nightmare and stability a pipe dream.

But does it have to be this way? Not really. This constant chase for new gigs is a trap many fall into by only taking on one-off projects. There’s a better strategy that can help smooth out the highs and lows: setting up a recurring revenue model.

If you’re tired of the freelance rollercoaster, check out this week's episode of the 6 Figure Creative podcast where I dive into recurring revenue for freelancers.

In this episode you’ll discover: