In this Monday with Michael episode, I share why freelance writing is the number one side hustle in 2020 and how you can easily get started!
5 Reasons Freelance Writing is the Best Online Job
In 2018, I had to face the harsh truth – the blog that I had quit my 9 – 5 to pursue wasn’t growing, my side hustles were not generating income and my credit card doubt was racking up. I knew I had to pivot or I would end up back at my 9 – 5.
When I discovered freelance writing, I dove in headfirst and this one choice helped me earn over $100,000 in two years and it kept my entrepreneur dream alive!
Freelance writing is the best online side hustle for these reasons:
1. Low Start Up Costs
With freelance writing, you can get started for almost nothing. In fact, you could apply for jobs today on Upwork or job boards without even having a freelance writing website.
2. Low Barrier to Entry
Another perk to freelance writing as a side hustle is that you can get started quickly. You don’t need to learn endless new skills to launch your online writing business.
3. Easy to Scale
With freelance writing, and only a few clients you can make a few thousand as a side hustle or go all-in as a full-time writer. In the last six months, I’ve averaged $10,000 while only working part-time with 3–5 clients!
4. Freedom to Pick Your Clients
At the start of your journey you might take anyone, but as time goes on being able to pick people you like and trust as well as projects that interest becomes very appealing.
5. Get Paid Quickly
With freelance writing, you choose our payment schedule. Each client is different but for the most part, you will always get paid the same month.
Are You Ready to Start Your Freelance Writing Career?
If you are ready to take the next step and launch your freelance writing career, I would love to help you build momentum!
I still have a few spots left in my coaching program, fill out an application to learn more 1/1 coaching.
Speaker 1 (00:00):
You are listening to episode number 76 of inspire your success podcast. On today’s episode we’re going to talk all about why freelance writing is the best side hustle for 2020 and how you can get started coming up. All right. Welcome back to the show. And once again, thank you for being here. So first off, just want to say thank you because uh, your listens have helped launch this show to more people. We got the a the best month ever in March. Uh, I think it helped that a lot of people were hanging out at home and uh, we’ll talk about the quarantine and the virus here in a second, but uh, yeah, just wanted to extend a huge thank you. Uh, it’s been so much fun here to relaunch in season two for 2020 January was big, February was bigger and March was even bigger. So just want to say thank you again and I’m really excited you guys are enjoying the content.
Speaker 1 (00:53):
Um, or enjoying the guest interviews and we got a whole lot more common. So no stopping on our end, but let’s just talk and kind of decompress. Like how, how are you feeling? Like, are you feeling overwhelmed? I mean, we’ve had so much happen, um, you know, in the last few weeks with his viruses, it’s truly insane. I mean, me and my girlfriend look at each other every day and we’re like, is this really still happening? So, you know, I obviously want to wish you guys all the best. I dunno what, what you’re going through. Maybe you lost your job, maybe you had your hours cut, maybe you’re temporarily just working at home. Whatever your situation is. I just want to let you know, I’m wishing you all the best. I know we have a lot of just a, it’s just a one off situation. I mean, we’ve never experienced anything like it and I just don’t know if we ever will.
Speaker 1 (01:37):
So I just want you to know that I’m thinking of you sending all the best vibes. I’m doing my best to put out as much positive content as I can to really counteract all that negativity out there just because that fear is just as bad as the virus itself. And I really don’t want people to go into these downward spirals of fear because that can manifest in so many negative ways in your, in your life. So stay positive. Do you know, do what you can control. She can, don’t get upset with things that you, that are out of your control. Um, I know for me, I’m getting a little stir crazy as well. Uh, I definitely miss going to the gym and, and travel and different things, but you know, we’ve got to just do the best we can. But really what I want you to realize is that these, this time, I don’t know how long this is going to go for, but you know, this is coming out, uh, in the beginning of April and I’m recording this at the end of March.
Speaker 1 (02:24):
So I know things can change in a week, but just know that this is the time to really take action. I mean, you have solitude, you know, you can get quiet, you can learn, you can listen to yourself, your intuition, you can start pursuing a side hustle, whether it’s freelance writing, copywriting, uh, you can finally write that book you wanted to do, get started on medium, uh, start some other freelancing project. I mean, there’s so much opportunity. So use this time. Uh, you know, I’m not saying don’t catch up on Netflix cause I know I am. Um, but make sure that you’re maximizing it and getting some productive stuff done. So hopefully, again, you guys are doing good. And again, just stay positive. So back to the, uh, the episode. And even before that, I do have to give my one random fact as I’ve been doing, um, I’ve got some funny comments about that, but the random fact to, uh, to help to get you guys to, to get to know me a little bit better is today is I’m the biggest Batman fan in the world.
Speaker 1 (03:21):
So if you see anything, Batman screenshot it, send it my way, I’ll probably buy it cause, um, that’s just, uh, probably since I was like five years old. I’ve been a huge fan and then the dark night in 2008 and then every other movie since then. So, uh, definitely been a fan for, for life. Uh, definitely have dreams of owning a Batmobile and living in the bat cave at some point. So just a random fact, if you guys were Batman fans, hit me up, let me know. Uh, really just all superheroes, but in my opinion, Batman’s the best. So back to the episode though, why a freelance writing is the best side hustle? Because, you know, I’ve done a lot of different online businesses. I’ve done about I think 10 to 12 different types of online businesses or side hustles at least, uh, over the last few years.
Speaker 1 (04:06):
A lot of them failed miserably. Some of them worked and some of them worked, but I didn’t like doing them. So, uh, I can speak from experience, from running eCommerce store to, uh, blogging, writing a book, writing ghost writing a flea market, flipping dog-walking. I mean, there’s podcasting, YouTube selling courses, selling coach. I mean, there’s so many things I’ve tried online. And again, uh, I think there’s a lot of great ways to do it. We’re living in an amazing time. It’s never been easier to launch an online business, but that doesn’t mean that it happens overnight. So one thing though is freelance writing. Uh, I don’t want to say it happens overnight, but it can happen really fast. So that’s the first reason. I think freelance content writing is the, just a really great way to get into this whole online business thing and to use your passion for writing to get paid.
Speaker 1 (04:57):
So one of the first things is, well, let’s just talk about that, is that you can get started really, really fast because you don’t need to learn a ton of new skills. I mean, if you can write an email, if you can write an article, you can get started as a content writer. No, I’m not going to say you shouldn’t study SEO and subject lines and, and headers and things like that and formatting and things. But in general you can get started, uh, very, very fast because you don’t need to learn a ton of new skills, which is great because you know, if you run a Facebook ads agency, you gotta learn all about Facebook. Or if you want to start a podcasting or video podcasting, you know, that’s going to take some time to learn how the platforms work and running traffic and social media and all that.
Speaker 1 (05:38):
So freelance writing though, you don’t have to learn much. And so that means you can get started really, really fast. I mean, if you really wanted to, you could create an Upwork profile today, start pitching and get a job tomorrow or even today and get paid within the week. So that is pretty crazy how fast that can work. I’m not saying that that always is going to happen, but if you’re relentless and you really put yourself out there and, and just want to get paid to write, maybe you need some money real fast or something like that. Like freelance writing is one of those things that you can just get going so, so fast. Cause unlike blogging can take months, if not years, to actually see a profit and to see results. And you know, most people don’t have that much time. Most people don’t have much patience.
Speaker 1 (06:20):
And, and I know I tried, you know, and 15, 16 months or I guess probably two years. I tried blogging before I really pivoted to freelance writing and, and I made more in a few months or freelancing than I did in two years of blogging. So, um, you know, one of the things is for me is that you do need to see a financial gain when you’re starting a side hustle. It’s, it’s important to see that, Hey, this thing’s working, seeing some progress because it’s really hard to keep going when you’re not seeing any results and you’re not really sure where you’re going or how you’re going to monetize a business. So with freelance writing, you know how you’re going to get paid immediately. You’re going to get paid to write words online. It’s as simple as that. So that also leads to kind of the next thing is that there’s a low barrier to entry.
Speaker 1 (07:00):
So that’s a good and a bad thing. That means that anyone can do it of course, but at the same time, if, if you’re a good, you’re good writing skills will separate you from everyone else and your ability to land clients because like I talk about a lot in this show is that freelance writing is just that. It’s two words. It’s freelancing and it’s writing because you could be the best writer in the world, but if you don’t have good freelancing skills, if you don’t know how to pitch people and have conversations, build relationships and everything like that, you’re going to have a hard time ever making money because your writing will be good, but no one will want you for it. So that’s a whole nother thing that we’ll talk about cause I have a lot of freelancing advice as well. Um, but that’s the good thing is there’s low barrier to entry, which means it’s, it’s low startup costs.
Speaker 1 (07:43):
I mean, you don’t need much money to start freelance writing. The only thing I really tell all my students to do inside the freelance to 5k accelerator program and inside the course freelance to fiveK is to have a writing website that’s about $200 investment. But it’ll pay off. I mean it’s, it’s a way for you to brand yourself online. Um, you know, think about it. Like if you, if you go to a job and they see someone and you interview and they have in, maybe you have a resume and a LinkedIn or you just show up, you don’t have anything, um, you know, who are you going to hire someone that has some experience and like actually credibility or not. And that’s what our freelance writing website does. It shows potential clients that, Hey, like this guy or this girl is committed. They have, you know, spent some money.
Speaker 1 (08:27):
They built a domain, they built a website, they have a domain, all that stuff. So that’s really, really important that it just doesn’t cost that much. You know, with blogging and other side hustles, like if you started an eCommerce store, you know, that’s going to cost sometimes thousands and thousands of dollars up front just to buy a different inventory and Facebook ads and paid ads and other softwares and everything like that. You know, with freelance writing, all you really need is a freelance writing website, which is again, it’s 200 bucks. Um, you could also just do Upwork if you wanted or you could create a profile, a medium. While I don’t really recommend that, I mean, technically speaking, you don’t really need that much to get started with freelancing. So that’s what I really like about it is that there’s not a ton of, um, startup costs. So there’s really no reason.
Speaker 1 (09:14):
If you like writing and you think you could get paid to write, you know, you absolutely can. And a budget’s not one of those things that’s gonna get in the way for you. All right. Before we get into the next few points, uh, just wanted to also remind you that since everyone’s working at home now, I’ve kind of adjusted the training schedule and the different, um, online masterclasses. I’m going to be running to help you learn more about freelance writing. So make sure you’re tuning in. I’m on my email list. So again, if you go to inspire your success.com, forward slash oneK or just go down in the show notes, click over there, join the email series. That way you can learn all the different strategies. I have the free resources there to start freelance writing, but then you’ll also be in the know because again, I want to be doing a lot more trainings here in the next month or so.
Speaker 1 (10:00):
Um, I’m not sure how long this virus thing’s gonna stick around, but I want to really be a resource to you and help you get started because you can still land clients now. I’m still getting paid from clients. Um, you can still reach out to clients so you can still learn this entire skill and then when the world isn’t ending, you know you can start freelancing. So use this time and again, I want to help you with that. So I’ll be running a live webinars with that. So just make sure you follow me on Instagram at I am Michael Leonard or join the email list so that way you don’t miss any of that free training. So just a reminder there. So again, three reasons or three more reasons why I think freelance writing is the best side hustle. So another thing is scalability. So the scalability is huge.
Speaker 1 (10:44):
And for me that meant going from 650 bucks a month to 6,500 bucks a month in 12 months. So you know, I was able to 10 X my income in only one year, still working part time. Now that scalability is unprecedented, I mean for only working 1520 hours a week to 10 X, my income is pretty cool and I know that that’s something that a lot of people are looking for. They’re looking for something to maybe make some side money, but then if you’re enjoying it, then all of a sudden you can make it into a full time gig if you want. And that’s, that’s what I want. Again, you know, I don’t like the term broke writers or broke bloggers. I want everyone to be successful, wealthy writers. So that’s really, really cool that you can scale so quick because blogging again, that can take a long time and it can scale a lot more, but it can take years to get there unless you really know SEO and you understand keyword research and paid ads and Google and everything else.
Speaker 1 (11:39):
So it’s a lot more work. Again, I’m not knocking blogging, I’m just letting you know that it’s a lot longer of a process and most people just don’t have the time or patience or financial resources for it. So scalability wise is unbelievable. Uh, another reason that, uh, freelance writing is just a great side hustle and probably the best one I think is that you get to choose who you work with. So, you know, you don’t have to work with people you don’t like. Um, you know, I’ve constantly having clients come in and out of my ecosystem. Sometimes I like working with them, sometimes I don’t. Um, but that’s important because, you know, when you go to a job, uh, you’re, you’re kind of stuck with the people that you’re, you’re stuck with, right? The employer is going to tell you who your clients are, who your accounts are or things like that.
Speaker 1 (12:20):
You know, with freelance writing, you get to choose. If you don’t like someone, you don’t have to work with them. Uh, you can always take a project, you know, do a few of them and say, Hey, this isn’t worth my time. And that’s something I wish I would have done earlier on. I think for me, I, I definitely at the beginning, and you know, even in that first year, year and a half, I was still taking clients before the money, not thinking about, Hey, is this person energetically aligned with me? Do I feel like they’re really making a difference in the world? I’m just because I really needed to, uh, to make this online business thing work. So I really encourage you to do that too. If you start this as a side hustle, work with people you like, it’s going to make it a lot easier.
Speaker 1 (12:56):
It’s gonna make it a lot more fun. Um, and you know, there’s nothing worse than working with people that drive you crazy. So that’s, that’s great is that you get to choose your clients. Um, again, unlike a lot of other side hustles, you kinda just gotta work with whoever you want. Um, and definitely with a nine to five. So I love that ability. And again, there’s so many clients out there that you can always land new ones. And remember the world, the universe is very abundant. There’s so many people that need content writing and copywriting and everything else out there that you can always find new clients as long as you know where you’re looking and who you’re looking for. So, all right guys. Then the last reason that I think freelance writing is the best one is you get paid quick. And I love this because side hustles to me are supposed to be just that side hustles you’re supposed to get paid quick.
Speaker 1 (13:44):
Um, you know, if you think of like people that start driving for Lyft or Uber, they’re getting paid on a weekly basis. They want to make money, they want to pay off bills or they want to help their family out. Whatever it is, that’s great, but you’re trading, you know, your time, uh, for that you’re, you’re worrying about your car, all those different things. Um, but with freelance writing is you just get paid so much faster than so many other ones. So like for example, as a blogger, you usually don’t get paid until 30, 60, or some time, 90 days later, depending on your revenue stream. So, for example, when I was blogging, I was making money, uh, with Google ads and different affiliates. Those were kind of my two main sources. So those are, those are fine if you have a lot of traffic, but at the same time the payouts are like 30 to 60, sometimes 90 days later.
Speaker 1 (14:31):
So that can be a long time. I mean, you can get an affiliate sale in January and not get paid until March or April, you know, that’s a lot of time. And so the same goes with advertising. The same goes if you sell online courses, uh, you know, anytime I sell my online courses, it’s like a 30 day payout. Uh, different things like that. So you always have to think about that because again, you want to put in all that work and then not see your income for a while. So freelance writing though, you create your payment schedule so you can get paid sometimes. So for example, I have clients that pay me the same day. I submit things, I have clients that pay me within a week. I have clients that pay me within a biweekly schedules. And then I have other clients that have done monthly schedules. So this is something you negotiate in advance, but it’s a way to guarantee your money’s going to be coming in faster.
Speaker 1 (15:16):
You can forecast your revenue on, just keep you some peace of mind, right? You don’t have to worry about like, Hey, did I get that affiliate sale? Oh, I got to wait three months for that $100 or something. Right now if you do a freelance writing gay, you can get paid really, really fast. And so then you can use that money to grow your business, invest in yourself or just to pay off some bills or whatever else you have. So that to me is one of the best reasons because it’s just, it’s super, super important as a side hustle that you’re there, you’re seeing some cashflow because again, cash is oxygen. You need to have that for yourself, for your business, of course. Um, so those are just some of the reasons I think there’s a whole lot more. So again, make sure to follow me on Instagram at I am Michael Leonard.
Speaker 1 (15:58):
I’m for all those free training updates that we’re going to be doing. I don’t have a set day. I think we’re going to experiment on some different days, see what works best for each, uh, each of our listeners and followers. So I’ll make sure you do that. And then again, if you have any questions, always email [email protected] and then also make sure to tune into episode number 57 if you want to learn more about working a nine to five and making money as a writer. Because I talk all about how to schedule your days and weeks so that way you can make your side hustle for writing work. So that’s again, episode number 57. So, uh, thank you again for listening guys. I appreciate, again, all the growth we’ve gotten really means a lot to me. Stay safe out there, stay positive, keep with it. I know we’re all going through this together. The whole world is so wherever you’re listening from, thanks again for tuning in and if you could again, share this with other people. Uh, I love that it’s reaching more, but I just want to, 10 X is still, so feel free to share it with friends or family, anyone that’s interested in starting a side hustle and making money as a writer, um, and maybe just need some inspiration in their life. So thank you again for listening and as always, I hope you have an Epic day.
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