freelancing as a writer

Freelancing: How Profitable Can It Be for You?

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People enter the world of freelancing for any number of reasons. For example, some people need extra income to supplement their job. Meanwhile, others freelance full-time, making enough money to sustain their lifestyle.

Of course, others enter the field and soon return to more traditional jobs, unable to make freelancing work for them.

Here’s a look at how you can make freelancing profitable. We also take a look at realistic earnings for someone offering paper help or writing for Fortune 500 companies.

How Much Can I Earn by Freelancing as a Writer?

Earnings as a freelance writer generally reflect the quality of the work. On the other hand, there are some companies that will pay hundreds for a well-written article, while others will pay $10 or less. The key to finding success as a freelance writer is knowing which jobs are worth your time.

A good writer can easily earn as much as $10,000 per month or more. However, there are other people who put in the same hours of work and earn hundreds instead of thousands. The key is knowing your own value and seeking out jobs that respect that value.

Be Prepared for Competition

Think of freelancing this way: It is not uncommon for manufacturers to have their products made overseas, because it is more affordable to pay workers in another country. However, these products may not be made using the same quality standards that you’d expect.

The same applies in freelancing. There are plenty of low-paying writing jobs out there. However, there are just as many good-paying jobs from people who respect the art of writing.

How to Earn a Living by Freelancing as a Writer

Succeeding as a freelance writer is all about knowing how to sell yourself. While it helps to have experience, you do not necessarily need experience to succeed. Here are a few tips that you can use to ensure you are profitable in your freelancing ventures.

Know Where to Look

One of the most common places to look for freelance writing jobs is on platforms. These often charge a service fee. However, they are a great choice for people who are new to freelancing and trying to enter the field. For example, for academic writers, there is no shortage of paper writing websites where you can apply for a freelancing job.

The people who have the most success as freelancers often use cold e-mailing to find prospective clients. This involves reaching out to the marketing manager in a company with ideas for writing on their blog. However, keep the ideas to a minimum. You want to show you know your stuff, but you don’t want them to take your ideas and give them to another writer.

Be Willing to Put in the Work

It takes time (and usually rejection) before you find your way to becoming profitable with freelancing. Therefore, get in the habit of putting in work. You’ll probably be rejected more than you experience success. With the right job, however, you can easily juggle two or three clients and earn a profitable wage. Also, this gives you backup with your freelancing in case one of the jobs ends or a client decides they no longer need your services.

Market Yourself

You can be anyone you want to be online. However, this means you have to do a lot of work to market your freelancing services. To begin with, you must earn the trust of prospective clients. That’s why creating a professional blog is a great place to start. You can also establish yourself on social media channels like Facebook, Twitter, and LinkedIn.

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Basically, marketing yourself is about putting yourself out there. Let people know about your freelancing services and the work you have already done. They may see you as a good fit. Share links to your blog across social media and connect with people who are marketing managers, business executives, and successful writers in your desired niche. This will give you the best chance at finding a freelancing job that fits.

Work Smart and Make Freelancing Profitable for You

Working as a freelance writer encompasses everything from working through a site like Upwork or Pimp My Paper to writing eBooks as a ghostwriter. The major thing to remember is that only you can set your value. Know which freelancing jobs to pursue and which ones are not worth your time. By allocating your energy the right way, you can put your effort toward things that matter and earn a good living by freelancing as a writer.