Want to make $500 a day as a freelance writer? This isn’t a huge amount. Any competent writer can do this. However, in my work with my writing students, I find that many are not making anywhere near this amount.
Let’s look at how you can make $500 and more, every day. With my students, I start by helping them to establish their mindset, then I tweak their workflow.
So, let’s start with your mindset.
Your $500 a Day Mindset
To make $500 a day, you need to decide that you’ll make that amount or more, and then you’ll need to keep it in the forefront of your mind. For most of us, each day brings a fresh set of distractions and frustrations. Therefore, you need to make your daily goal visible.
In Google Calendar, or your favorite calendar program, set up a daily, repeating task for “Make $500”. (Google calls them “events”, and will notify you of your events via email.)
Now you have your reminder, set up a series of daily alarms. I set five alarms on my phone, to go off at various times during the day.
When the alarm sounds, ask yourself: “Is what I’m doing right now contributing to my daily goal of $500 for my writing?” If it isn’t, stop doing that. Start working on something which brings in income right now, or lays the foundation of something that WILL bring in that amount.
Your calendar and your alarms will help you to focus, so that you have the right mindset.
Now let’s look at your workflow.
Your $500 a Day Workflow
To make your chosen amount from your freelance writing clients every day, you need:
* Projects which make money for you;
* Clients who pay you on time;
* A full pipeline of clients;
* (Optional, but they really help) Retainer clients (clients who pay you a monthly fee, so that they have first call on your time).
Review the client work you’ve been doing for the past six months. How much money you make is directly related to how much money you’re paid for each project.
If you’ve been writing for low-paying clients, on generic projects, you’ll need to focus on getting better projects. These projects won’t just fall into your lap. You need to be aggressive in going after them.
Few writers are natural extraverts. We choose a writing career because we love to work alone. If this sounds like you, you’ll need to shake yourself up and get out of your comfort zone. Become aggressive — contact top-paying publications and business and get highly-paid work.
Easy to say and hard to do, you think? You’re wrong. Writing for top clients is easier than writing for low-paying clients. You just need to become more outgoing and determined, and introduce yourself to these clients.
I’ve often talked about “wooing” clients and publications. That’s what you need to do.
Consider this. Top clients will pay you between $1 and $4 PER WORD. If you’re making $2 a word, 250 words gets you $500 a day.
Your next steps: set up your daily reminder, and alarms. Then review your past client work. As we’ve said, $500 isn’t a huge amount for a competent writer. You can make that and more, as long as you focus.