This is the first I have ever talked this openly about money online. My writing online about money has been vague references to “income” or “debt” without any concrete numbers. It feels really strange to talk openly about money, when most of us have been taught never to do so.
But, I know that other bloggers sharing their income helped me to develop my online business and I’d like to share how I’ve actually been able to earn a substantial income from my online freelance writing business. So, I’m going to share how I earned $14,000 in one month in my online freelancing business.
The internet has been “a thing” for decade now, but most people still don’t understand how it works in terms of business.
They see ads running on websites. They see new content magically appear on their favorite sites and social media accounts. And they log in every day to watch videos on YouTube, with little thought to where the time, money, and effort comes from to make all of this happen.
If most people truly understood how powerful the internet is, and how simple it is to run a business online or hustle to make some type of income online, I’m convinced that many more people would stop being content consumers and become content creators.
I became a content creator 10 years ago, but even I didn’t fully understand the power of monetization, or making money online. I created and shared tons of content for free simply because I was passionate about the information I shared.
I’m still passionate about sharing free info, but I have now learned that in order to sustain that passion, I have to monetize my knowledge. It costs money to host a website, maintain an email list, and buy software to enhance my site. It also costs in time to actually sit down and write, and to engage on social media.
When you are a content creator, you need readers/viewers, an income, or some type of validation, or eventually your content creation will dwindle and you won’t be able to help anyone.
My Freelancing Business
One of the best ways that I have found to monetize my skills is through freelancing. Before we dive into how I had my best month ever, I want to tell you guys a bit about what type of freelance work I do.
Before I started working as a freelancer, I was a blogger. I blogged about a number of subjects, and one of them was haircare and beauty. I wrote an eBook about hair care which did fairly well for my first online products.
But, I decided to try my hand at writing for other people’s blogs and businesses. I joined Upwork, and I started pitching for writing jobs. It was tough going, and I quickly realized that I needed to niche down.
So, I revamped my profile and writing portfolio to market myself as a beauty writer and freelancer. I was able to establish consistent, ongoing relationships with a few clients who hired me over and over again. I didn’t have to pitch as much, and I was establishing my brand on Upwork.
It’s important to note here that while some people may have instant success in business, my progress as a writer was slow and steady. When If first started freelancing, I was all over the place trying to do a bunch of different things at once.
But, when I simplified my lifestyle, did some mindset work, and actually started to focus on what I wanted to manifest (in this case, a successful writing business), that’s when my progress increased rapidly.
My Best Business Month Ever
In June of 2018, I was in a transitional period, changing over from one job to another. It was at the end of that month that I was approached by a talent recruiter on Upwork and asked to apply for a job.
I told her I was very busy, and wouldn’t be able to take the job. She circled back to me, told me the rate, and encouraged me to go ahead and apply if I could make it work.
So, I checked out the job and I was floored. It was a freelancing job with one of the most well known beauty brands in the industry, and it paid a great rate for work that I could totally do.
I applied for the job by submitting my pitch, and I was hired to write copy for a major ad project. I had to write and use my technical skills for the project.
I would never have been eligible for the job if I had not had an established presence as a writer on Upwork. I also had to show that I had an established business and brand outside of Upwork.
That’s why I encourage aspiring business owners to leverage their websites and social media to establish brands that they can leverage in business.
I did have an incredibly busy week that week of the project, so to get the work done, I had to hire a subcontractor to help me for the first time ever. I trusted her to do research and mock-ups, and then I wrote and added content when I got off of work from my full time job.
I won’t lie here – it was expensive to hire a subcontractor, and I was exhausted from doing so much work after hours. But, it was 100% worth it.
During the project, my submissions went through several rounds of revision and all of the work was finally submitted and completed during the first week of July. I was paid for the project, and the contract handling and payment were all taken care of by Upwork.
Upwork does charge a fee for its services on all projects on the platform, but they are completely transparent and the fees are agreed to up front before the project started.
I hear horror stories about freelancers who don’t use platforms like Upwork having difficulty collecting payments. Some never get paid, some get partial payments, and some deal with chargebacks. I much prefer to pay Upwork’s fee than to have to deal with any of that.
Here’s a breakdown of my freelance writing income and expenses for July of 2018.
Income – $14,320.00 Total
- Upwork payment fees (3 clients total) $14,320.00
Expenses – $5,805.61
- Subcontractor – $4,000
- Upwork (payment fees) – $1,464.00
- Gmail (Email) – $5.33
- Dropbox – $10.65
- Flywheel Hosting – $30.00
- Creative Market – $15.00
- Canva for Work (1 Year) – $119.50
- Online Course – $19.00
- TechSmith – $28.09
- Fax Service – $7.10
- Adobe Systems – $21.94
- Restored316 (new theme) – $75.00
- Upwork Membership Fee – $10.00
Net Business Profit for July 2018 – $8,514.39
I made $14,310.00 in one month! After expenses and fees, I netted $8,514.39. One thing that I want you to keep in mind when you see bloggers posting their income from product launches is that they rarely post how much their expenses were.
It’s tough to be this transparent, but I want people to see that you have to invest in your business! Throughout the month of August, I have continued to invest money and time in my online brand.
Note: Every effort has been made to ensure that this report is 100% accurate; any errors discovered later will be promptly corrected! This report is not a claim that you will receive these results from using the methods described in this post or on this blog. Yes, I’m a lawyer so I have to write a disclaimer. 🙂
As scary as it is to share these numbers, I hope that by doing so, I can inspire other people to start monetizing their talents. That income helped me to invest money into my business, pay my subcontractor, and take care of some personal financial obligations.
I will continue to pitch to more clients for big projects, and I’m a part of the Upwork Enterprise platform, which gives me access to more exclusive gigs. I will be ending my last low-dollar amount contract to focus exclusively on pitching for better contracts and working on my own blog.
I did some small freelancing projects in August, but I took a lot of time off from freelancing to work on building this blog and sharing what I have learned.
I have decided to start doing blogger income and expense reports as I continue to grow my online business.
In August, I did not focus at all on generating income, but for the sake of transparency, I’m going to post an income and expense report so you can see what I invested in restarting my blog and building it from scratch, one post at a time.
I’m officially relaunching my blog on September 1, 2018, and I’ll be posting income reports monthly.
Subscribe to my blog so that you don’t miss my upcoming business and blogging posts. If you’re interested in starting your own blog, you can also check out my list of tools and resources on this page.
My July 2018 freelancing income exceeded the amount of money that I make from my full time job, but I’ll have to put in focused effort to keep that up and pitch for more big projects.
My goal is to match my full time income with my blogging income each month consistently. I would love to be able to hire help, like someone to help manage my social media platforms and promote my work, create funnels, and help me with the design elements of my upcoming digital products.
I have a huge vision to help women achieve freedom, ditch their traditional jobs, and pursue entrepreneurship and non-traditional careers. With continued hard work and tenacity, I’m going to make it happen!
I made a YouTube video sharing more about my story! You can check it out and subscribe to my channel here: