How To Create Your 2019 Freelance Income Plan

How To Create Your 2019 Freelance Income Plan

Over the last few weeks, we’ve talked about why you should create a freelance income plan for 2018.

(Basically, so you can confidently walk into next year knowing EXACTLY how you’re going to make your money and have your most profitable year yet!)

But it’s time to talk about HOW you can create a freelance income plan that outlines how you’re going to hit your income goal, step-by-step and month-by-month.

Before we talk about that, I want to tell you about how my own plan helped me triple my freelancing income.

How To Set A Freelance Income Goal

How To Set A Freelance Income Goal

Have you ever asked yourself, “how much money should I be making?”

Or, have you ever compared your income to another designer?

After you did, you may have...

  • Gasped with shock because the designer you compared yourself to was making x3 what you make.
  • Poured yourself a glass of wine because your business suddenly didn’t seem as successful as you thought it was.

We shouldn’t compare our income to others but we do because it can make us feel good about ourselves - IF the other person seems to be ‘less successful’ than we are.

3 Income Plan Mistakes To Avoid

3 Income Plan Mistakes To Avoid

The thought of creating an income plan fills most freelancers with dread.

Why?

It’s usually because:

  • They tried creating a plan in the past but they couldn’t stick to it.
  • They tried creating a plan but they never used it. It just sat gathering dust on their laptop.
  • The thought of planning anything just seems booooring.

If you’ve struggled to stick to your income goals and plan in the past, I’m going to explain where you went wrong in today’s post.

5 Reasons Why You Need A Freelance Income Plan

5 Reasons Why You Need A Freelance Income Plan

Do you wish you could make more money from freelancing?

I used to wish for that, too. Two years into my freelance design business, I came close to looking for a day job. I LOVED being my own boss but it wasn’t bringing in the kind of income I had hoped for when I started my business.

In the beginning, freelancing gave me freedom of time and location but not financial freedom.

I wanted to be able to jump on a plane and go and work from somewhere exotic for however long I wanted.

I wanted to be able to invest in software that would help me save time and stress less.

I wanted to take courses that would help me take my business to the next level but MAN, I just didn’t have the money.

Then, things changed.

I went from having zero clients to being booked solid for six months and I tripled my income in
less than a year.

Watch the video below or read on to learn why you need a freelance business plan and how it can help you triple YOUR freelance income in less than a year!

Now Available: The Freelance Marketing Plan

Now Available: The Freelance Marketing Plan

The one thing we creative entrepreneurs dread is having zero clients. 

Nada. No payments coming in, no work to keep us busy, no solution to the bills that loom over our heads.

This is an especially big fear for new freelancers or side hustlers who want to start freelancing full-time. They're used to their steady income each month, so the prospect of worrying about money when they begin freelancing scares them to death.

The fear of 0 clients also hits experienced business owners-- hard. When you've been working for yourself for years and suddenly hit a slow stage where clients are hard to come by, imposter syndrome sets in and you start to feel like you're not good enough to run a business.