Investment Strategies for Each Stage of Your Freelance Journey
Scott Lancaster
Investment Strategies for Each Stage of Your Freelance Journey
Scott Lancaster
Lesson Info
61. Investment Strategies for Each Stage of Your Freelance Journey
Lessons
Introduction to the Program
06:52 2Fiverr Seller Levels
11:17 3Pros & Cons of Fiverr
09:41 4Follow These Rules or Get Banned on Fiverr
07:02 5How to Attract High-Quality Clients
14:49 6How to Spot Nightmare Clients
13:31 7Keeping Your Response Time Low
03:42Using Promoted Gigs on Fiverr
05:42 9Overview of the Fiverr Dashboard
08:51 10Taking a Break from Fiverr
03:46 11Seller Plus Program - Is It Worth It?
02:04 12Fiverr Analytics
03:39 13Getting Your First Fiverr Sale
04:23 14The Perfect Profile Picture
03:04 15Service Provider vs. Helpful Doctor
05:46 16Profile Description
02:43 17Sharing Skills on Your Profile
02:01 18Linking to Other Accounts
02:33 19Showcasing Your Education
02:56 20Niching Down as a Freelancer
01:55 21Strategically Deciding Which Services You Will Offer
04:06 22How Long Do You Have to Wait to Apply for Fiverr Pro
02:25 23Preparing to Apply for Fiverr Pro
05:35 24The Fiverr Pro Application Process
04:54 25What Happens Once You're Accepted onto Fiverr Pro
02:12 26Dealing with Anxiety as a Freelancer
06:34 27Handling Imposter Syndrome as a Freelancer
04:36 28How to Not Get Stressed with Managing Lots of Projects
05:19 29Creating the Perfect Gig Title
01:57 30Writing the Perfect Gig Description
02:48 31Creating the Perfect Gig Video
02:25 32Creating the Perfect Gig Thumbnail
02:01 33Pricing Your Packages with Anchor Pricing
04:27 34Finding the Perfect Gig Tags
01:55 35Showcasing Your Work as Part of Your Portfolio
01:51 36Custom Gigs
04:41 37Milestone Gigs
02:47 38Setting Up Requirements Properly
03:56 39Manage Clients Like a Fiverr Pro
03:46 40How to Have a Successful Sales Call
08:32 41Setting Up Quick Responses
05:30 42Linking Up Calendly with Your Fiverr Profile
04:54 43Using Positive Reviews to Get More High-Quality Clients
04:54 44How to Tackle Negative Reviews and Turn Them into Positive Ones
13:55 45How to Encourage Clients to Write Long Positive Reviews About You on Fiverr
07:30 46Balancing Quality with Quantity
03:43 47How to Sell Services on Fiverr at a Premium
05:24 48What to Do When a Client Doesn't Reply
06:31 49What to Do When a Client Wants to Cancel the Order
08:18 50The Snowballing Method - Keeping Orders in Queue
04:38 51How to Get Favorites on Fiverr
01:28 52Upselling, Cross-Selling and Building Long-Term Client Relationships
04:42 53Brand & Portfolio Building
04:00 54Creating a Professional Email Template
01:23 55Project Management Made Easy with Notion
07:30 56How to Stay Focused While Working Remotely
06:51 57How to Travel While Freelancing
05:42 58Tracking & Growing Your Net Worth
02:04 59My Personal Journey Becoming a Freelancer
11:46 60When to Go Full-Time as a Freelancer
06:25 61Investment Strategies for Each Stage of Your Freelance Journey
04:50 62The Legal Side (NDAs, Contracts and Licenses)
02:59 63Final Thoughts
02:01Lesson Info
Investment Strategies for Each Stage of Your Freelance Journey
So what are some investment strategies that you can take advantage of as a freelancer as you start to get more disposable income? Well, first and foremost, if you are getting more disposable income, congrats, I know it feels great. And the one thing that I think that everybody should do, although each to their own, you can do whatever you like is don't buy crap. What I mean by crap is the things that you think are gonna bring you happiness, but they just don't, and I'm talking about shoes, a nicer car, bigger house, all these things that you don't really need, but you just want them just for the sake of it. I've never did that. Thankfully, I did spend a little bit more in my first few months when I was a full time freelancer, mostly on travel and experiences. But I don't regret that whatsoever. I think that that is something that I personally enjoyed and I needed to get out of my system. But, you know, everyone's different. So if that's your thing, then, you know, do whatever you like.
All I can say is one of the most important things for me when I was building my wealth and my, you know, financial security is that I didn't spend my money on crap and I saved as much as possible. I wanted a nest egg stored away so that I never had to worry about money ever again. And I'm slowly getting to the point where, you know, I basically may never need to work ever again if I don't want to. Which is ultimately a result of me just focusing on work, not really having any distractions and just literally saving every single penny that I earned. But when you actually start getting these savings and you have your nest egg, what's the next step like? How can you start to really enrich your life through the money that you're storing away? Well, the first thing that you should always be investing in is yourself. And I know that a lot of people say this and I know it's like a broken record sometimes, but investing courses, invest in experiences, invest in working on projects that may not pay you the best, but are going to give you the best learning experience, invest in spending time with your family and friends, invest in your health, invest in everything that means something to you and that is going to make you into a better and more capable professional so that you can make more money over the long term. For example, I spent thousands and thousands on courses and programs and workshops and all that sort of stuff. And it's really weird because the knowledge that you actually acquire through a course that you maybe pay a lot for may not be instantly actioned. So, for example, I took a market course around two years ago, I think by one of the most respected professors in the marketing world, and I didn't actually use it instantly. I understood marketing to a different level, of course, but I didn't actually start offering marketing services or integrating that into my actual offering from my branding agency until maybe a year or two later. And that was something which just took time for me to integrate into my life. I could have maybe actioned it sooner. But ultimately, by investing in yourself, you're always going to be setting yourself up for a better day tomorrow. And then once you feel like you have read all the self help books, once you know, you've got some money saved up a nice nest egg, you have your s 500 where you're really investing in you and your skills and everything else. You may want to invest in something like the stock market in regards to stock market. This is not financial advice, but I think that playing it safe with dividend stocks is really, really useful. I have tried lots of different types of investment strategies and to be completely brutally honest, I've lost a hell of a lot of money by trying to experiment and think that I was smarter than everyone else. And what I learned is, I'm not, I'm not smarter than anyone else when it comes to stock markets and investing and trading and all that sort of stuff. So the basic two pieces of advice is pick companies that are going to be successful over the long term and then hold them long term. And I know that 99% of people are not going to listen to that advice because it's not exciting. It's not sexy, but that's what works statistically, that's what works. And that's what I've been doing. And my portfolio has got about, I think $100,000 now roughly give or take and you know, I just let it sit there. I don't touch it. I don't really check it. It's just there if I need it. So, yeah, hopefully that gives you a little bit of a structure as to how to actually invest your money. Now, of course, this isn't an investment course, but I may launch something like that in the near future. So check out my profile and there might be something active by the time you watch this course. Hopefully this has been a helpful lesson for you and I look forward to seeing you in the next one.