Sunday, January 07, 2007

How to Make $100/Day As a Freelance Writer

I've been a freelance writer since 1993. I think when most aspiring freelancers start out, they fail because they bite off more than they can chew.

Here, I will break down how you can easily make $100/day as a freelance writer. While it is relatively simple and straightforward, it does take some elbow grease.

BUT, if you want to achieve the dream of becoming a self-sufficient freelance writer, here is what you can do:

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1. Revenue streams: As in, develop a few. When you are just starting out as a freelance writer, it is highly unlikely that you will make $100/day focusing on one revenue stream, eg, one type of writing.

Unless you write in a highly desired specialty, eg, tech. biomedical or pharmaceutical, you should look to diversify your writing, which leads to my next point.

2. Diversify your writing: Choosing two or three different types of writing you can do well. For example, you might do resumes, articles and web copy.

If you do one resume a day at $50 which takes you 2-3 hours, then you can spend another 3-4 hours writing 5, 6 or 7 articles to make the other $50.

3. Choose niches you know well: Freelance writers should choose niches they know well because it will speed up their output. When you are gunning for $100/day, you may need to churn out 4, 5 or 6,000 words a day (eg, if you are article writing).

This doesn't leave a lot of time for research, but you still don't want to churn out garbage. Choosing topics you know well will allow you to produce well-written informative pieces -- in bulk

4. Time: Be stingy with your time. Most freelance writers spend hours on the Internet. But, how much of that is “income-producing” time. If you set a schedule of working 9-10 hours a day, it doesn’t leave a lot of time for surfing, answering email, etc.

How to Effectively Use Your Time to Make $100/Day as a Freelance Writer

a) Get regimented: Decide BEFORE you get on the computer what your regimen is. One of the most effective things I’ve done as a freelance writer is to allow my self some surfing time.

b) Know your “freelance writer’s personality”: I’ve been a freelance writer long enough to know my “freelance writing personality.” I can’t just log on and get straight to work. I usually spend half an hour or so surfing and sipping my coffee when I first log on.

After half an hour, I’m usually ready to get to work.

c) Monitor output: Another tactic I use is “producing before play.” Eg, once I start working, I have to produce a certain amount of work before I can take a break.

With almost 14 years of experience under my belt as a freelance writer, these habits have become ingrained in me, but it took quite a few years before I consistently did this.

c) Choose projects wisely: Although you may be able to churn out 2-3, 300-400 word SEO articles an hour, if they only pay $1-$2, that’s only $3-$6/hour. At the high end, you’d be working 16-17 hours/day to make your goal.

So, choose projects that pay better. That’s why it’s important to diversify.

Observation: In my experience, making $100/day is easy to achieve – with no experience – if you are willing to put in 9-10 hours a day at it, and follow the time-saving tips outlined above.

Good luck!
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