Thursday, June 20, 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 quite a lot of solutions in previous posts, however as we speak I’ll deal with one nice approach any author can use to up their revenue.

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

  • I had a payment for typing scripts
  • I had one other payment for typing scripts in an enormous hurry. It was practically double the common payment

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 turn out to be 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 all the pieces and deal with their venture pronto. Now, their disaster is your alternative to earn extra.

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

It really works the identical method in freelance writing. Individuals who plan badly are all over the place. They create emergencies. All of a sudden, they want tons of writing achieved on a good deadline!

That’s the place you are available.

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

  • Let people know you’ve bought what it takes to crank out writing underneath the gun, and also you’ll have an incredible new area of interest that raises your charges
  • Contact native advertising and marketing businesses and pitch your self as a rush specialist
  • If you happen to write for publications, make sure to let your editors know that in the event that they ever have one thing that wants a fast turnaround, they’ll name you
  • When you’ve got 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. Individuals you’ve achieved rush work for sometimes know different dysfunctional folks or firms, and so they go alongside the phrase that you simply have been their clutch participant. Just some rush jobs a 12 months could make an enormous 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 prices to make more cash writing

Listed below are two examples of nice rush tasks I’ve had and was in a position to make more cash writing.

One is a white paper I wrote for a small workers’ union. They wanted it achieved earlier than contract negotiations so they may use it as a bargaining instrument…however they dithered so much about what it ought to say and took quite a lot of time getting organized. Then, they modified their thoughts a pair instances, having me write totally different variations so they may examine them. I used to be charging $500 a web page, and one of many variations was longer than our authentic bid, so I bought so as to add that onto my payment.

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

One other is without doubt one of the greatest rush-work assignments I’ve had. I used to be approached by a serious financial-services firm. They’d determined their firm web site wanted a really energetic weblog they wished to launch in simply a few months. They wished to create a stockpile of greater than 150 quick, reported weblog entries, so they may put up a number of gadgets every 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 publish. Once I identified it was primarily a big rush job, they instantly upped their charge to $300 per. At that charge, I agreed to get 20 posts achieved 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 most of the posts, which means they wouldn’t have to search out as many writers as they thought to work the venture.

Because it occurs, I discovered the work pleasing 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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All people is aware of that rush = larger value, which is what makes this technique to make more cash writing really easy to deploy

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

I signed up a consumer who is basically 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 value extra…a truth they are going to normally settle for with out 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 gained’t be good, as I’d usually level out to my script purchasers. To which these screenwriters would at all times 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 make more cash writing

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

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

Rush jobs are an incredible area of interest, since you earn more money, and you appear like a hero for driving to the rescue of somebody who was in dire straits on their venture. Rush clients are sometimes super-grateful, though 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 publish initially appeared on the WM Freelance Connection.

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