As a freelance grant writer, or freelancer in general, are you keeping track of your time?
One of the biggest flaws I see is that freelance grant writers don’t keep track of their time.
Why is tracking your time so important?
Because our time is our most valuable asset.
What Happens When Freelancers Don’t Track Their Time
When freelance grant writers don’t track their time, they underestimate how much time the following takes:
Writing grants
How much time to write a foundation grant
How much time to write a federal grant
How much time to write a state grant
How much time to write a Letter of Inquiry
Finding grant prospects
Meetings with clients
Emails with clients
Talking to funders
Working on financials
Marketing
Industry updates
Administration
And so much more…
And what happens when you don’t accurately count or track your time?
According to our friends over at Global Development Solutions, who conduct an annual Pricing Survey among grant professionals (2023), YOU don’t get paid for all your work!
This is SO dangerous because if you don’t get paid for your work, then you are not able to sustain a business.
You need to know how much time things take you to do.
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