How to scale up as a freelancer part 1

Today we are going to be talking about scaling your earings as a freelancer and if you are a freelancer who is earning
Anything below $2000 per month then you'll want to pay close attention to what I am about to share with you.

Let's begin
When it comes to scaling there are two main ways to do this
You either scale horizontally (increase the price of your product or service)

Or vertically (sell more products or services on the back end)

Both methods work superbly well for any business but as a freelancer one stands out and that should be your major route to scaling up.

You see, as a freelancer, you run a service-based business, what this means is that you are selling your time to make money.

So scaling vertically would work against you because there are only so many hours you can work in a day.
And even if you decide to start an agency and outsource to other people
You still will hit a cap because of client fulfillment on the backend.
So while scaling vertically is super effective, for businesses like ours where we sell our time for money it isn't the route to go.
This brings us to the main thing I want to talk about and start implementing immediately......
Scaling horizontally (simply by increasing your price)
It's no surprise that there are freelancers who do exactly the same work but get paid a huge difference in money
For example, Freelancer A writes a sales page for $500, and Freelancers B writes the exact same sales page for $3000
Most times Freelancer B gets to do less work, reviews and edits compared to freelancer A.
While it takes freelancer A 6 jobs to make $3000 it takes B only one job.
So if you are stuck in the Freelancer A position then what you want to do is to raise your prices.
But oftentimes it's easier said than done.
As someone who has taught thousands of freelancers to increase their price
It usually boils down to GUTS (or how big your balls are)
Sometimes there are a lot of things that precede price increase but if you are already good enough
Then you just have to just raise your price.
If you aren't u want to get good enough before you do this (most times people are good enough but imposter syndrome wouldn't let them be great)
Remember you don’t have to be the best just good enough
So here are some things you can do to increase your price
Understand and be willing to lose a job because of the price
When you mention your price sometimes you might meet resistance.
You either stick to it or you bend over, whatever decision you make determines where you'll be for the next couple of weeks, months, or clients.

Scaling as a freelancer is too big for me to cover in Just one write up, so let us talk more about this another time.

And remember your future self and family are counting on you to be great.

Don't jinx it.

Stay vibrant
-Walter

Interested in getting a program designed to scale you up as a freelancer, click here: https://www.cognitoforms.com/UniqueHub/FreelancingMadeEasy