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Freelance Business Month is scheduled for October 1–31, 2022, as the world’s longest online event for freelancers, organized by our member Elina Jutelyte and her team. Here’s her Call for speakers open until May 31.
When is the right moment to raise your prices as a freelancer? Sooner than most freelancers do, as explained in this quote from The Freelance Way, chapter Pricing:
The vast majority of freelancers make the move to raise prices too late, when their workload is 100% or more — meaning that they are fairly bogged down by work stress. So they intuitively avoid raising prices all the more, because they want to avoid confronting client complaints. The result then is delaying a price increase for months or years, and an unfortunate state that is so chronic it can truly harm your health or reputation.
Jan de Graaf is a German business consultant for European trade with Asia and especially China, where he has spent 15 years. In this talk for Freelance Friends, Jan shared his freelance journey and described the rich cultural background of his successful freelance business:
We have already mapped 400 resources for freelancers in Europe: platforms, websites, marketplaces, communities, organizations, blogs, podcasts, newsletters, etc. — with a little help from our freelance friends, as well as a number of contributors from all over Europe. If you know of any European resources we have missed, let us know.
Here’s our question of the week for you:
Where do you work best as a freelancer?
If you’re new to the sub-genre of books on personal finance, Nick Maggiulli’s data-based Just Keep Buying is a solid starter book. It is broader than Housel’s Psychology of Money and more mature than Sethi’s I Will Teach You to Be Rich. The title does not refer to more spending, but rather to saving and investing — i.e. buying investment assets. A fine introduction to both, no matter how boring some of its parts are.
Vita Valka is a graphic and UX designer known for his digital-nomad lifestyle and a new project Camperguru. Each year, his family spends a few months in a camping van, traveling, working and networking all over Europe. Get ready for Vita’s talk of a lifetime — for Freelance Friends:
Note the yellow balloon on the cactus (or whatever that is) in the back — a subtle joke that any freelance business is both inflated by our passionate optimism and fragile, just as all humans are ❤️
This article about freelance pricing argues that the so-called “double thank you” test (when both parties of the business transaction thank each other in the end) is relevant for evaluating freelance pricing. But unfortunately, it is not — due to cultural differences.
In many countries, including some in Europe, we may politely thank a provider, even if we are not satisfied with their service (it can be dubbed a “thanks and bye” approach). A real affirmation would be only when the customer buys again. In other words, “double thank you” is not a reliable indicator in freelance pricing.
Here’s a question for you:
What does your typical freelance workday look like, and how many hours a day do you work?