CONGRATULATIONS!! You’ve started your freelance business and have already landed a client or two. This is such great news and I hope you’re as excited about it as I am excited for you.
I have been freelance writing since January of 2016 and my business has definitely grown and changed into something that can actually help support my family. It has evolved into not only a freelance writing business but also a social media management and virtual assistant business. I’ve gone from working with only 2 clients at a time to a dozen, and back down to one.
Since January of this year, I’ve pretty much only been working with one client because the pay was enough to significantly contribute to our household income. Though that hasn’t changed yet, I’m starting to feel it’s time to take on more clients and expand my business.
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- 10 Simple Ways To Maximize Work From Home Productivity
If you’re currently in a situation where you’re unsure about taking on more clients, I’m here to help.
You Have Too Much Time On Your Hands
Setting your own schedule is one of the many joys that comes with working freelance and running your own business. The idea is always to be as efficient as possible in order to make money in the least amount of time. This way you can have time to do the other things you enjoy and probably some chores around the house too.
But, can you become too efficient?
If you find yourself finishing your work by noon for all of your clients – you’re amazing. But this is probably a sign you can definitely handle more business. And isn’t growth always part of your business plan? I’m not saying you need to become a workaholic and drown in projects but try adding a new client to your schedule, one at a time.
You’re Bored and So is Your Resume
The most important thing I’ve learned from virtually assisting is that, and I don’t know how to put this gently, I don’t like doing it! I can’t stand checking other people’s emails and scheduling their social media. Why? Because I’d rather be running my own business, not theirs. I also feel like it seriously limits my creativity. Don’t get me wrong, it’s a great gig for a lot of people and it has seriously opened a lot of doors for me but it bores me to tears.
We live in an age where work absolutely does not have to be something that bores you to death. I don’t know about you but I have one life to live (at least I think that’s how it works but I could be wrong) and I’m here to live my very best life. Ain’t nobody got time to be spending most of it bored and miserable. Who’s with me?
Anyway, if you get bored with a client or you aren’t being challenged with the work anymore, find other projects to work on. I’m not necessarily suggesting you stop working with that client but by adding in a fresh new project to your to-do list can really boost your spirits. I personally prefer to work on short term writing projects instead of writing the same thing for the same person month in and month out. But, that’s just me.
Not to mention, taking on fresh new projects adds to your portfolio and creates new opportunities for bigger clients down the road.
Your Clients Are Less Than Awesome
Okay not everyone is going to agree with you all the time. When it comes to your relationship with your client, remember they hired you not the other way around. However, if your client is making you completely miserable with late payments, constant complaints, or out of this world expectations that you never agreed to, it might be time to move on.
Before you stop working for the client you can’t stand, line up clients to replace them. You wouldn’t quit your job at McDonald’s before you land a job at the new modern vegan restaurant down the street, would you? Nope. I’m all for making improvements and cutting negative people out of your life, even clients, but please, for the sake of your bank account, be smart about it.
Your Bank Account is Less Than Awesome
Speaking of your bank account, if it’s accumulating cobwebs and makes you cry at night before bed, then you really need to take on more clients. If you aren’t hitting your financial goals, can’t pay the bills, or can’t reinvest back into your business, figure out how to take on another client.
You’re Raising Your Rates
Sometimes it isn’t a matter of taking on more clients to appease your bank account because there is literally not enough time in the day to take on another client or project. The solution then becomes raising your rates and you can’t be afraid to do this! You are worth it, you have clients you are willing to pay for your work, and other people will be just as willing to hire you especially if you charge what you’re really worth.
The thing about raising your rates is, you can’t do it in the middle of a project. At least, not in my opinion. If your current client agreed 6 months ago that they would pay you $20/hr, it really wouldn’t be right to suddenly demand your shiny new rate of $50 and not all of them will be on board. I would only recommend doing this if you already have other clients lined up, willing to pay you $50/hr. Notify your current clients of your changing rates and if they aren’t willing to pay you at your new rate, simply tell them you are moving on to new projects.
What pushed you to take on new clients? Let me know in the comments below!