Friday, October 18, 2024

Make Extra Cash Writing With This 1 Superior Technique

It’s the number-one query I get requested: “How can I earn more money writing?”

I’ve given a variety of solutions in previous posts, however as we speak I’ll concentrate on one nice method any author can use to up their revenue.

I discovered this technique again once I had my first enterprise within the mid-Eighties. I lived close to a few the film studios in Los Angeles, and I had a script-typing enterprise.

  • I had a charge for typing scripts
  • I had one other charge for typing scripts in a giant hurry. It was practically double the common charge

Generally, screenwriters would come to me all matted and hung over and say, “Oh my God! This draft is due in two days, and I simply completed it. Are you able to get it typed up tomorrow?”

And I’d say, “I certain can…at my rush charge value.”

Sometimes, they’d ask me to do it on the common value. However I’d say no. It’s the push value, take it or go away it. And so they’d take it, each time.

Doing rush work at common charges means you’re taking a consumer’s disaster and letting it develop into your disaster. Now you’re up working till midnight, and never incomes something extra for the inconvenience.

Cost a premium, and also you make extra in your willingness to drop every thing and sort out their venture pronto. Now, their disaster is your alternative to earn extra.

That’s how it’s best to view it: your disaster is my alternative.

It really works the identical approach in freelance writing. Individuals who plan badly are in all places. They create emergencies. Out of the blue, they want tons of writing executed on a decent deadline!

That’s the place you are available in.

What’s the foolproof technique to earn more money writing? Put out the phrase that you simply concentrate on rush jobs.

  • Let of us know you’ve received what it takes to crank out writing underneath the gun, and also you’ll have an important new area of interest that raises your charges
  • Contact native advertising companies and pitch your self as a rush specialist
  • Should you write for publications, you should definitely let your editors know that in the event that they ever have one thing that wants a fast turnaround, they will name you
  • You probably have any background in submitting same-day information tales, both in conventional information or for on-line blogs, point out it

When you get one rush job, phrase will unfold. Folks you’ve executed rush work for sometimes know different dysfunctional individuals or corporations, and so they move alongside the phrase that you simply have been their clutch participant. Only a few rush jobs a yr could make a giant distinction in your revenue.

It’s the number-one question I get asked: “How can I make more money writing?”

I’ve given a lot of answers in past posts, but today I’ll focus on one great technique any writer can use to up their income.

I learned this strategy back when I had my first business in the mid-1980s. I lived near a couple of the movie studios in Los Angeles, and I had a script-typing business.

I had a fee for typing scripts.

I had another fee for typing scripts in a big hurry. It was nearly double the regular fee.

Sometimes, screenwriters would come to me all disheveled and hung over and say, “Oh my God! This draft is due in two days, and I just finished it. Can you get it typed up tomorrow?”

And I’d say, “I sure can…at my rush rate price.”

Actual examples of rush-work fees to earn more money writing

Listed here are two examples of nice rush initiatives I’ve had and was ready to earn more money writing.

One is a white paper I wrote for a small staff’ union. They wanted it executed earlier than contract negotiations so they may use it as a bargaining device…however they dithered lots about what it ought to say and took a variety of time getting organized. Then, they modified their thoughts a pair occasions, having me write completely different variations so they may evaluate them. I used to be charging $500 a web page, and one of many variations was longer than our authentic bid, so I received so as to add that onto my charge.

The consequence? A $3,000 price ticket as a substitute of $2,500.

One other is likely one of the largest rush-work assignments I’ve had. I used to be approached by a significant financial-services firm. They’d determined their firm web site wanted a really lively weblog they wished to launch in simply a few months. They wished to create a stockpile of greater than 150 brief, reported weblog entries, so they may put up a number of gadgets each day. They’d spent an excessive amount of time conceptualizing what they wished, and now there was solely six weeks left to launch!

They started by providing $200 a put up. After I identified it was primarily a huge rush job, they instantly upped their charge to $300 per. At that charge, I agreed to get 20 posts executed on their loopy deadline—pocketing an additional $2,000 as a result of it was a rush.

Their response? They have been thrilled I took so lots of the posts, that means they wouldn’t have to seek out as many writers as they thought to work the venture.

Because it occurs, I discovered the work fulfilling and I had the time in my schedule to do it. However they nonetheless wanted to pay me extra for rush work, as a result of rush work prices extra.

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Everyone is aware of that rush = larger price, which is what makes this technique to earn more money writing really easy to deploy

You actually don’t have to elucidate to a prospect that their rush venture will price a premium. They get it.

I signed up a consumer who is actually a perpetual rush job. It’s a weekly commerce publication the place they want individuals who can react to information on Monday and file it by very first thing Thursday, each week. They pay $1 a phrase.

You might not be busy when a rush job comes alongside. Possibly you don’t have a single different writing project that week. However that doesn’t matter. The consumer doesn’t have to know that. They only have to know that rush jobs price extra…a reality they’ll normally settle for and not using a blink.

Bear in mind the well-known work triangle—good, quick, low-cost. Choose any two. You possibly can’t get all three without delay. You need good AND quick? It’s not going to be low-cost.

By the identical token, if it’s quick and low-cost, it received’t be good, as I’d usually level out to my script shoppers. To which these screenwriters would all the time reply, “Oh! However I would like it to look actually good.” After which they’d pay the upcharge.

What to cost for rush jobs to earn more money writing

You deserve extra for doing issues on a rush foundation. So if a potential consumer involves you with a rush venture, bear in mind to up your charges.

Cost 30 % to 100% extra, relying on how determined the consumer appears, the scale of the issue, how briskly they need it, and the problem stage of the project.

Rush jobs are an important area of interest, since you earn more money, and you appear to be a hero for driving to the rescue of somebody who was in dire straits on their venture. Rush clients are sometimes super-grateful, despite the fact that they paid a premium.

You deserve more for doing things on a rush basis. So if a prospective client comes to you with a rush project, remember to up your rates. Charge 30 percent to 100 percent more, depending on how desperate the client seems, the size of the problem, how fast they want it, and the difficulty level of the assignment.

This put up initially appeared on the WM Freelance Connection.

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