Entries Tagged 'Internet Writing' ↓

For a couple of weeks now, the discussion has been going back and forth between Men with Pens and Freelance Parent about the costs of starting up a freelance writing business. One side argues that you can start up a freelance writing business on the cheap, with a couple hundred dollars or less. The other side argues that a freelance writing business has the same kinds of startup costs that any other small business has - and that you’re going to put out ten times that amount or more.

I’d encourage you to follow those debate threads. Each side makes some good points, to be sure. If you pin me down and force me to offer my opinion, I’ll say that any small business, whether they’re freelance writing, plumbing or basket-weaving, can benefit from a significant cash investment in the beginning.

Now, for my part, I started out with no investment. I fell into the freelance writing business quite by accident. I put nothing but time into the business in the beginning, and I did just fine.

(Of course, that’s part of it, isn’t it? If you don’t have cash, you need to have time. Ideally, you’ll have both.)

However, it wasn’t until later on in my freelance writing business, when I was able to invest some money in some tools of the trade, some new office equipment and some marketing that my business really took off. It also helped that I found a mentor who’d been where I had been who could teach me a thing or two.

If I were to start my freelance business today, I’d spend some money. I’d make sure I had the right computer and the right work environment. I’d hire a writing coach for at least three months, and I’d buy Freelance Rockstar Freelancer and Write for the Web. I’d spend some money on marketing. If I wanted to make money blogging, I’d get into Blog Mastermind. I’d probably even hire a Virtual Assistant to help me keep organized.

So, what are the real costs of starting a freelance writing business? I can honestly say I’d put them somewhere between $0 and $20,000. Am I trying to play both sides of the fence here? I suppose I am.

The real cost of starting a freelance writing business is this: It is the amount of capital you can raise, spent in the most efficient way possible. For every dollar you can’t spend, you have to make it up in blood, sweat and tears.

Starting capital doesn’t guarantee your success, just like the lack of capital doesn’t guarantee your failure. But having some startup cash for your freelance writing business does increase your odds of success.

Follow The Journey: Other Posts In This Series

How To Start Your Freelance Writing Business: Introduction

How To Start Your Freelance Writing Business: Education

How To Start Your Freelance Writing Business: Honing Your Craft

How To Start Your Freelance Writing Business: Planning

How To Start Your Freelance Writing Business: Building Your Portfolio

How To Start Your Freelance Writing Business: Finding Work

How To Start Your Freelance Writing Business: A Jump-Start

How to Start Your Freelance Writing Business: The Costs

photo credit: (UB) Sean R

We’ll pick back up on this series later in the week, folks.

In the meantime, I want to tell you about a great way to get your business off the ground. The guys over at Men with Pens are running a contest with a top prize of almost $12,000 in writing business resources, including a month of coaching from yours truly.

Go Enter The Men with Pens Sticky Business Contest today!

(Incidentally, it’s Harry, James and Charlie at Men with Pens who are responsible for my new theme today, as well. If you like it as much as I do, get over there and have them design your site.)

Follow The Journey: Other Posts In This Series

How To Start Your Freelance Writing Business: Introduction

How To Start Your Freelance Writing Business: Education

How To Start Your Freelance Writing Business: Honing Your Craft

How To Start Your Freelance Writing Business: Planning

How To Start Your Freelance Writing Business: Building Your Portfolio

How To Start Your Freelance Writing Business: Finding Work

Now, I won’t pretend to know it all when it comes to landing freelance writing work. After all, my first gig was one that the client approached me about, rather than the other way around. In fact, some of my more successful long-term client relationships have been that sort: people who sought me out because they believed I could meet their needs.

Still, you can’t build a business by expecting people to show up on your doorstep. I’ve said before that opportunities aren’t made, they’re painstakingly crafted. To be successful, you’ve got to get out there and make some sales.

Freelance bidding sites

You know these sites. Elance, Guru, Scriptlance and so on. These sites offer a place for clients to post a project and freelancers to bid on those projects. I’ve had some success over time with this kind of activity, and my work on these sites has led to at least a couple of long-term clients.

I could (and probably will, one day) write a series on these sites. There are so many different elements that it’s hard to know where to begin. Rather than trying to do that here, let me just offer four of the most important things I’ve learned about bidding sites:

• Ignore the abysmally low bids. Just because someone else is working for $2 an article doesn’t mean you have to. It just means you have to demonstrate added value to get those higher rates.
• Customize every bid. Yes, it takes time. But you really need to engage the potential client if you’re going to capture her interest. Speak directly to her needs, both written and unwritten, in your bids.
• Showcase your best work, and plenty of it. Include links to your freelance writing portfolio, and attach a relevant sample to your bid. In my case, a link to this blog increases sales by a significant factor.
• There are plenty of different styles of work at these sites, from copywriting to SEO articles to blogging. Pick one and focus on it to maximize your success.

Freelance job sites

There are a number of these out there, but many of them have the same info every day. Two of the ones I check regularly are John Hewitt’s PoeWar and Deb and Jodee at Freelance Writing Jobs. These sites have plenty of potential, but they’re also more competitive. Whereas you might find a dozen gigs a day with eight or ten competitors at Elance, you’re going to find 20 gigs a day with 200 or 300 competitors at these sites.

Beyond that, though, these sites offer a different type of work that what you’ll find at the bidding sites. Here you’ll find a higher concentration of blogging gigs, for example. You’ll also find more long-term assignments and actual “jobs,” if that’s the thing you’re looking for.

Cold calls

I’ve done cold calling, to be sure. If there’s a niche that you’re an expert in, or perhaps have a special knowledge of, it’s all right to contact webmasters of those sites and offer your services. Your rate of success with cold calls is going to be lower than it is with the other methods, but it’s something to try. You may find that you have a knack for this type of sales (I don’t) and make a killing.

Networking

If bidding sites have provided me with some of my long-term clients, networking has provided me with the rest. Whether it’s using social media to connect with other freelancer writers who are looking to outsource, or whether it’s a client’s recommendation to a colleague, word of mouth is still one of the best ways to land clients.

Networking is a bit tricky, though. You can spend all day networking and never land a client. You can network with someone in your field just for fun and wind up forming a long-term partnership. For me, it’s hard to know early on what kind of fruit networking will bear. While you can’t rely solely on networking to get you writing gigs, don’t count it out altogether.

———-

So, what about you? Where do you find your freelance writing clients?

How To Start Your Freelance Writing Business: Introduction

How To Start Your Freelance Writing Business: Education

How To Start Your Freelance Writing Business: Honing Your Craft

How To Start Your Freelance Writing Business: Planning

How To Start Your Freelance Writing Business: Building Your Portfolio

How To Start Your Freelance Writing Business: Finding Work

Photo by EveryNobody

Today I want to continue talking about how you can get started with your Freelance writing business. Before I get too much into it, though, I want to send you off to read about why these tough economic times really are the best time to start your freelance writing business (Make sure to come back, of course, when you’re done reading it.)

Let’s talk some about planning, shall we?

One of the biggest reasons small businesses of any sort, including freelance writing businesses, fail is because they don’t have a solid business plan. I can tell you from personal experience that this is the case, because it happened to me.

it was 2000. Our second child had just been born, and I was working at a power plant as a Network Administrator. I had just been hired from a contract position to full-time, and was in a great place in terms of my career.

Still, I was already showing signs of IT burnout. I wasn’t happy with my job. I’d been selling computers and fixing computers on the side for years, so we decided in July of 2000 to start our own computer business. I quit my IT job, rented an office, and hung my shingle.

Six months and $30,000 of credit card debt later, my business folded. I went back to the IT world, defeated.

There were many reasons my business failed. One was the economy; in the fall of 2000, the economy started a downward trend. That’s a factor that can’t be ignored, but it probably could have been overcome.

No, the bigger component to my failure was this: I didn’t plan my business. I didn’t have an organized marketing campaign, a thorough understanding of the local market, specific business goals and milestones that I was working toward, an understanding of inventory control or any sorts of overall strategies. I just took out some ads and hoped people would call me.

Needless to say, this wasn’t the best of strategies. I had some folks call me (mostly through word of mouth; I wasn’t yet a skilled copywriter). But it wasn’t nearly enough.

So, how do you plan your freelance writing business? Just like you plan any other business. You study your market. You write a business plan. You develop specific strategies, goals, and tactics.

Now, I could go through how to do this, but let’s be honest: it’s been done. I’m not going to be able to tell you anything about writing a business plan you can’t find elsewhere. So, instead, let me point you to the best resource I’ve found for planning a business: The Small Business Association Small Business Planner. Give it a look, especially the sample business plans.

Follow The Journey: Other Posts In This Series

How To Start Your Freelance Writing Business: Introduction

How To Start Your Freelance Writing Business: Education

How To Start Your Freelance Writing Business: Honing Your Craft

How To Start Your Freelance Writing Business: Planning

How To Start Your Freelance Writing Business: Building Your Portfolio

How To Start Your Freelance Writing Business: Finding Work

photo credit juhansonin

One of the most common questions I get asked by my readers is “how do I get started writing online?” In some ways, I feel underqualified to answer the question. Like I’ve said before, I sort of fell into my writing career while I was doing other things. I hobbled together my writing business rather haphazardly.

If I were to start over today, I’d be more organized about it. I’d avoid some of the mistakes I’ve made over the past five years. I’d put energy into the projects and ideas that were a good fit for me, and I’d let all of the extraneous stuff go.

To be sure, you can’t exactly do that. You can’t mystically experience what I’ve experienced, and some of the things that are a good fit for me aren’t going to be a good fit for you. There are lessons that only experience can teach.

I can certainly share my experiences here, pass along things that have worked for me, identify some general pitfalls to avoid. I can identify writing resources that have helped me immensely. I can talk about the freelance business, share my setbacks as well as my successes. I’ve done all of those things. All of these things provide benefits to you, but they don’t tell you how to get started.

So, over the next week or two, I want to offer my plan. I want to tell you how I’d do it if I could do it over again. Along the way, I hope we’ll have some interesting discussions, and that you’ll offer me your thoughts and questions in the comments section.

Follow The Journey: Other Posts In This Series

How To Start Your Freelance Writing Business: Introduction

How To Start Your Freelance Writing Business: Education

How To Start Your Freelance Writing Business: Honing Your Craft

How To Start Your Freelance Writing Business: Planning

How To Start Your Freelance Writing Business: Building Your Portfolio

How To Start Your Freelance Writing Business: Finding Work

photo credit: Jon_Marshall