Why share this? Because Alex Mathers at the Red Lemon Club highlights one of the most important steps in knowing how much you can expect to make as a freelancer or creative entrepreneur.
“3. Break down your income goal into steps”
Why is that so important? Because many of us are stuck in thinking through income in terms of “salary.” It’s how most the world thinks, so we tend to follow the norm.
But freelancers aren’t normal. And we don’t have salaries.
We fight for every bit of cashflow we receive.
So, if you want to accurately predict what you’ll earn each month from freelancing, you have to know where that money is coming from.
What percentage is from service sales? How much from consulting? How much from product sales? Etc.
The more you can break it down the more realistic and digestible your goals become.
Read the rest of the article at the Red Lemon Club.