6 Figure Creative

#262: Why $100k Per Year Is The New Minimum Wage For Freelancers


Listen Later

I've been talking to a lot of freelancers recently, and I'm a bit troubled by their underwhelming financial goals. It's not about being greedy, it's about being realistic...

This is why I am presenting a bold idea: $100k should be the new minimum wage for freelancers.

Many freelancers look at $100k as their most ambitious goal, while I look at it as merely the start.

Hear me out.

Gross income as a freelancer is vastly different from a salary in a day job. The reason is simple: expenses. They're part and parcel of being a freelancer, and I'm not just talking about pencils and paper here.

I'm talking about substantial, often overlooked, expenses that can take a big chunk out of your earnings. In this episode, we're going to delve into those figures, so you can gain a clearer understanding of where your money goes, why $100k should be your new minimum goal, and what you should be doing to get yourself there.

The aim of this episode is to challenge your thinking and to help you set yourself up for a better, more stable life as a freelancer.

In this episode you’ll discover:

  • Why your expenses should be factored into your income goals
  • Costs you need to consider off the top of your income
  • Considerations for your pricing
  • When it may be time to shift niches
  • For full show notes, visit https://6figurecreative.com/262

    ...more
    View all episodesView all episodes
    Download on the App Store

    6 Figure CreativeBy Brian Hood

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    385 ratings


    More shows like 6 Figure Creative

    View all
    Creative Pep Talk by Andy J. Pizza

    Creative Pep Talk

    2,000 Listeners

    The $100 MBA Show by Omar Zenhom

    The $100 MBA Show

    1,109 Listeners

    The Amy Porterfield Show by Amy Porterfield

    The Amy Porterfield Show

    4,573 Listeners

    The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

    The Side Hustle Show

    1,586 Listeners

    The StoryBrand Podcast by StoryBrand.com

    The StoryBrand Podcast

    1,926 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,454 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,405 Listeners

    The Russell Brunson Show by Russell Brunson | YAP Media

    The Russell Brunson Show

    928 Listeners

    The Daily Stoic by Daily Stoic | Backyard Ventures

    The Daily Stoic

    4,913 Listeners

    The Futur with Chris Do by The Futur

    The Futur with Chris Do

    859 Listeners

    Nudge by Phill Agnew

    Nudge

    179 Listeners

    The Think Media Podcast by Think Media

    The Think Media Podcast

    812 Listeners

    A Bit of Optimism by Simon Sinek

    A Bit of Optimism

    2,179 Listeners

    The Marketing Millennials by Daniel Murray

    The Marketing Millennials

    154 Listeners

    Marketing Against The Grain by Hubspot Media

    Marketing Against The Grain

    356 Listeners