#284: Stuck With Low $$$ Projects? Here's How To Level Up To $50,000 Projects | With Ryan Koral (Replay)
The dark side of freelancing (that no one wants to discuss) is the wasteland of low-dollar "Fiverr Freelancers" charging bottom-dollar rates for "butt-in-seat" projects. Whether you're on Fiverr or not, you may still be trapped in this low-dollar wasteland that is essentially just another soulless day job you've created for yourself. These projects tend to be unfulfilling and draining, and you end up in a horrible financial place. This is what so many newbies and struggling creatives do, and many never make it out of this trap. I know this might sound painfully obvious, but you can't build a sustainable freelance business out of low-dollar, unfulfilling work where you're competing with hundreds (or thousands) of copycat competitors willing to work longer hours for less money than you. This is why I wanted to bring on Ryan Koral from Tell Studios to talk about how he successfully transitioned from $500 projects to regular $50,000 projects, eventually scaling his freelance business to over $1,000,000 per year. Ryan shared a ton of incredible info, including one of my new favorite strategies for closing high-dollar projects, so do not skip this week's interview. In this episode you’ll discover: Why Ryan pivoted from a full-time job earning $23,000/year to a becoming a full time freelancer How "yes mode" affects the start of your business Why you don't hire significant others for your business Dealing with employees who don't have the right expectation The benefits of delegating tasks to others Why your employees aren't the idiots you think they are Your value vs. how your clients value your work How to sell a low $$$ workshop that leads to a $50k project (with a 100% success rate). For full show notes, visit https://6figurecreative.com/284