Freelancer earning six-figures: How to maximize earning potential

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Freelancer earning six-figures: How to maximize earning potential
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A 27-year-old freelance writer whose 'hourly earning potential' is $215 explains how to maximize earnings as a freelancer

To maximize earning potential as a freelancer, he only works with clients that pay competitive rates.When Tony Dong first started freelancing in 2021, he thought the side hustle might earn him enough to pay for an extra vacation.He quickly exceeded his expectations, and realized he not only could go on an extra vacation, but he could make a real living out of writing. and proceeded to make 149,000 Canadian dollars that year from freelancing alone, according to documents viewed by Insider. .

Without much writing background besides reports for school and posts on Reddit, he said, landing The Motley Fool required some creativity. Before accepting any job, Dong recommends breaking down your"hourly earning potential," he said, which means figuring out roughly how long the project will take you to complete. Then, take the rate offered by the client and divide it by the number of hours you expect to work to get an idea of your hourly rate.

The AI chatbot ChatGPT helps him come up with titles and write content outlines, which he'll often send to editors when he's pitching article ideas."It can't write articles," he stressed but,"it's great at synthesizing data," as long as you give it very specific prompts.

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