One of the more difficult things I did when starting to work as a freelancer was setting the rates I charged clients.
I didn’t want to be too high that they thought I wasn’t worth it, or too low that my time was undervalued. I also had to figure out if an hourly or project rate worked best for my time as a freelancer.
Like many freelance writers starting out, I charged a low rate just to get my foot in the door. After a few months of that, I asked for raises and got it at a few websites that I wrote for, but mostly found that websites were willing to drop you as a writer because they could find other writers elsewhere who would write for low pay.
You get what you pay for, and I suspect that many of those people who wrote for low pay either didn’t have the writing and reporting skills that I have or they were so desperate for a paycheck that they’d accept $25 per post.
Before I get too deep into how to set your rates as a freelancer, I want to mention that much of this information is covered in a podcast I did in early January with Liz Theresa on her “Liz on Biz” podcast. Listen to episode 17 for the fun of hearing me in stereo. Continue reading