When to Go Full-Time as a Freelancer
Lesson 60 from: Fiverr Pro BootcampScott Lancaster
When to Go Full-Time as a Freelancer
Lesson 60 from: Fiverr Pro BootcampScott Lancaster
Lesson Info
60. When to Go Full-Time as a Freelancer
Lessons
Fiverr Pro Bootcamp
1Introduction 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
02:01Introduction to the Program
Lesson Info
When to Go Full-Time as a Freelancer
So when do you know that it's the perfect time to go full time as a freelancer? Well, there are some things that I personally kept in mind as I was making that transition and it was around a three or four month transition overall. And I'm going to go through with you the things that I did to minimize the amount of risk that I took first and foremost, what does it mean to go full time as a freelancer? Well, it basically means that you are not dependent on anyone or anything else for your financial income, then you're freelancing work. And the fact of the matter is that yes, you can make as much money as you really want being a freelancer depending on obviously how much you want to work. But it does have its pros and cons. The pros are obviously you get a ton of freedom, you can earn as much as you want and you can basically do whatever you want and set your own hours and choose who you want to work with. However, it does have some negatives as well. For example, you could have added pre...
ssure of providing for your family. If that's something that you're responsible for, you obviously have to be accountable and really responsible for everything that you deliver. So you can't hide or be irresponsible at any time, you have to be really focused on the work that you're providing. And also sometimes as well, it can be quite stressful if you've got tons of clients that you're trying to work with. And sometimes to be completely honest, I've had some experiences where I thought, you know, having a normal job wasn't actually that bad, really? Really. And then I quickly kind of snap out of it and I'm like, nah, nah, nah, I, I'll, I'll take all the negatives, I'll take all the negatives times 10 and I'll, uh, I'll enjoy it. I'll enjoy every second of it. But how do you know when it's the perfect time to actually transition from your normal job to becoming a full time freelancer? Well, I can tell you how I approached it and then some lessons that I learned from other freelancers who have done the exact same thing. So I was basically working a normal 9 to 5 job and then just doing some freelancing work on the side when I got home. However, what I found was that my freelancing income was slowly surpassing my normal income from my normal 9 to job. And what I realized one evening was, well, if I just make this my total focus and I can do that for an extra eight hours per day. Maybe I'm gonna make more than my normal job. And then I don't have to travel to work. I don't have to pay for gas. I don't have to deal with colleagues. I don't have to deal with other responsibilities. I'm actually fresh when I'm working with clients so I can have more calls. I can have more opportunities. It just made a ton of sense. So, what I did was I basically set three months where if I made enough to survive for those three months, solely from my freelance income, while I was working my nine till five job, I would quit. And what basically happened is on the 1st and 2nd month, I made enough to survive quite comfortably. And then on the third month, I basically got a call from my boss while I was still in bed, I'd slept in because I'd been working super late the night before. And he said, listen, Scott, you haven't been performing at work, obviously, because I've been staying up all night working on project work. And he said, listen, you're not performing, you haven't turned up for work today. We're going to have to let you go. And at the time I remember in bed and I was like, I've got a really tight deadline for a project tonight. This is perfect. So I was like, cool. No problem. He was like, what I was like, yeah, that's cool. No problem. And I just literally just left him on the phone and just got straight to work. I literally went straight to my desk and felt a little bit lost. But nevertheless, I ended up meeting the deadline and everything was good. Now, if I could do that again, I think that it was a pretty irresponsible thing to do. Especially because at the time I just bought a house and got a loan on a car, which wasn't smart, but thankfully it ended up working out. Now, if I did it again, I would probably make sure I had around 3 to 6 months worth of income saved up. So that I knew that if I didn't get any clients whatsoever for the full six months, then I didn't have to worry and I could just, you know, if it didn't work out, just get another normal job and just act like nothing ever happened. I think that saving and giving yourself a nest egg is probably the smartest way to do things. And it also just makes a ton of sense from a financial standpoint and also a mental health standpoint because the last thing you want is to be going into every single client meeting, knowing you have to win that client to pay your bills or even feed your family. So I think that just having a little bit of money behind me would help me just select the right projects to keep my mental health a little bit, you know, more in tune. And also it would help me to select projects that I actually wanted to work on so I could actually further myself far quicker. Now, that would definitely make the transition between working a 9 to 5 job to becoming a freelancer, a lot smoother and a lot less risky. But one piece of advice which I really like to leave you with is that you should never burn your bridges. What I mean by that is there is nothing wrong with saying to your boss. Listen, this is what I'm planning on doing. You know, I've really enjoyed working here and I really love working with you, but I need to try this. It's something that is burning deep inside me and I need to try and start my own business if there's no job available, if it doesn't work out, I completely understand, but I just want to make sure that we stay, you know, very respectful and that, you know, if I do ever need to come back or want to come back, then, you know, I'd like to have a discussion with you and potentially make that happen. And I think that if I have one regret of that particular period, I wish I had been a little bit more strategic in regards to not burning bridges with my past employers and ultimately leaving the door open a little bit. You can also argue that, you know, it's kind of like the saying of burning the boat, right? Like if you have no other option, then that's going to be the fire that you need to really drive forward and steer that extra hour to get that logo. Perfect or do that extra bit of research to really drive the message home and you know, get that result for the client. So, you know, it all depends really. Um I personally like to back myself into a corner. Now, I find that that is when I'm my most effective and it's when I generally get the best work done. When I'm backed up in the corner, my back's against the wall and I really need to make something happen otherwise, you know, poop is gonna hit the fan. So anyway, I hope this lesson has been helpful and um yeah, I hope to see you in the full time freelancer cocktail parties, which never happened because we're all introverts and we just stay in our office all day. Ok. See you soon. Thank you.