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

    384 ratings


    More shows like 6 Figure Creative

    View all
    Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

    Social Media Marketing Podcast

    1,448 Listeners

    The Amy Porterfield Show by Amy Porterfield

    The Amy Porterfield Show

    4,573 Listeners

    The School of Greatness by Lewis Howes

    The School of Greatness

    21,305 Listeners

    Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

    Build Your Tribe | Grow Your Business with Social Media

    2,613 Listeners

    Creative Pep Talk by Andy J. Pizza

    Creative Pep Talk

    1,971 Listeners

    Recording Studio Rockstars by Lij Shaw

    Recording Studio Rockstars

    501 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    408 Listeners

    Tom Bilyeu's Impact Theory by Impact Theory

    Tom Bilyeu's Impact Theory

    4,721 Listeners

    Abundant Ever After with Cathy Heller by Cathy Heller | QCODE

    Abundant Ever After with Cathy Heller

    7,641 Listeners

    The Futur with Chris Do by The Futur

    The Futur with Chris Do

    849 Listeners

    2Bobs—with David C. Baker and Blair Enns by David C. Baker and Blair Enns

    2Bobs—with David C. Baker and Blair Enns

    260 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,389 Listeners

    Creator Science by Jay Clouse

    Creator Science

    457 Listeners

    The New Music Business with Ari Herstand by Ari's Take

    The New Music Business with Ari Herstand

    190 Listeners

    Tetragrammaton with Rick Rubin by Rick Rubin

    Tetragrammaton with Rick Rubin

    1,016 Listeners