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How To Make $24,000 In 4 Weeks Freelancing Online

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How To Make $24,000 In 4 Weeks Freelancing Online

If you had to make an extra $100 this week, could you do it? Most people would probably say yes.

But what about an extra $1,000? Hmm…now that’s quite a bit harder. Most of us might have a difficult time getting that amount of money together at a moment’s notice.

How about an extra $5,000? If you had an emergency, could you pull together a spare $5k for an unplanned expense? For 99.9% of the population, the answer is a resounding “Hell No!

But it doesn’t have to be that way.

In today’s article, I’m going to show you the step-by-step process I used to make almost $24,000 in a single month — that’s just about $6,000/week.

I didn’t borrow the money from a rich uncle or do weird, illegal things to get it. I simply used skills I already had to pitch myself and start a freelance business.

I’ll break down exactly how I did it below — and if this article helps you, read to the end, where I’ve created a free bonus full of advanced material + strategies.

“Sell yourself first, if you want to sell anything.” – Burt Lancaster

When people ask me what the best ways to make money are, sometimes I laugh. Not because the question is stupid, but because, well, there really is no “right” answer. The truth is that almost anything can make money. But first, you have to change your mindset.

You must start viewing your skills and experiences as bankable, valuable resources worth paying for. You (yes, you) can help someone with skills and knowledge that you already have. The easiest way to do this is by freelancing. (If you’re struggling to think of valuable skills, here are some ideas and specific examples.)

All that being said … I have good news and bad news for you.

The good news: There are several online freelance marketplaces like Elance and oDesk that allow you to offer your services, get clients, and start making money quickly, even if you’re a complete beginner.

The bad news: These freelance marketplaces can be extremely competitive and overwhelming. If you don’t know what you’re doing, the competition can be very intimidating.

But don’t let that discourage you.

Today, I’m going to show you the simple “hack” I used to make $24,000 on Elance in four weeks designing simple WordPress websites. (Note: the strategies here apply for any freelance skill, not just web design.)

If you stick around until the end, I’ll also give you some tools to help you get an even bigger jump on the competition.

 

Step 1: Use sneaky research on your competition

Before you start, you’ll need to know what exactly you’re getting yourself into.

Specifically, you need to know:

  • Exactly what strategies your successful competitors use to stand out in the crowd
  • How you can completely obliterate them by being ridiculously over-prepared

To find the answers to these questions for myself, I posted a fake job to see what types of responses I would get. I recommend you do the same!

Here’s what I posted on Elance:

Fake Job
My goal was to attract my competitors and see what types of proposals they sent me — then use that knowledge against them.

One note here: It’s not really necessary for you to post a fake job like I did in order to get good results. The big idea here is to show you what happens when you actually test your process and then act on those results.

Here’s what I learned with the results from my test …

 

Step 2: Analyzing the results

Within 30 minutes, I received almost 100 proposals — and I learned two very valuable insights:

  • Over half of the applicants to my job were non-native English speakers.
  • Most people were submitting “canned” proposals without any personalization.

Once I figured these critical pieces of info out, I knew I had a unique angle. Why?

Well, most people hiring freelancers are from the US/UK — which means that oftentimes, there’s a language barrier. People are always more comfortable communicating in their native language.

And because of this language barrier, most proposals were very dry and uninteresting.

Here’s one that I received …

Job Proposal
See what I mean? What a snooze.

You can do much better. Here’s how …

 

Step 3: How to stand out and start booking jobs

To stand out against a sea of freelancers, you have to show that you understand your potential client and provide them with a reason to give your proposal a second look. Your approach should feel warm, engaging, and above all, personalized.

Nobody wants to feel like they’re #573 for the day.

Research your prospective client’s profile beforehand and look for these details:

  • Purchase history — Do they regularly hire on Elance? If so, this is a good sign that they are serious.
  • Feedback history — What type of feedback do they have for freelancers they’ve hired in the past. What have they liked/disliked?
  • Personal details — Name, interests, location, etc. Anything you might be able to relate to and build some rapport.

“Why fit in when you were born to stand out.” – Dr. Seuss

The knockout punch: video “mini-pitches”

Once you’ve rounded up all this information, use it to create a short “mini-pitch” with an unlisted YouTube video.

Your “mini-pitch” should:

  • Be 90 seconds or less
  • Introduce youself and give a very brief background
  • Tell them why you like their specific project (so they know you actually read it)
  • Offer a simple “call to action” to get in touch with you

Bonus: if you can include some relevant personal details that you have in common, it helps.

From there, the process is simple. Rather than sending a regular proposal like everyone else, just send them a quick message with a link to your custom video.

This method works SHOCKINGLY well because it differentiates you from the crowd and shows that you truly care about what they’re working on.

You can’t fake that.

Difference

Get the step-by-step strategies, videos and scripts I used to make $24,000 in 4 weeks

At this point, you’re probably wondering what this approach actually looks like in REAL life.

I put together an extended guide on “Hacking Elance” that includes:

  • The exact scripts and screenshots I used to book jobs and negotiate with clients
  • Real “mini-pitch” videos I sent that resulted in thousands of dollars
  • The biggest mistakes people make when trying this approach (and how you can avoid them)
  • A checklist for dealing with common client objections


You can grab the strategy guide here for free.

Daniel DiPiazza is the Founder of Rich20Something, where he writes about starting a business you care about, living a happier life, and occasionally, bacon. If you liked this article, be sure to join the Tribe by signing up for his free newsletter.

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6 Comments

6 Comments

  1. Gabans

    Sep 29, 2015 at 5:17 pm

    This is a wonderful article.Very inspiring!

  2. Digital Marketing Assistant

    Jun 22, 2015 at 6:02 pm

    Daniel is very knowledgeable when it comes to running an online business. I encourage you to join the tribe. I am a subscriber and get tones of information.

  3. Jagdish Kashyap

    Jun 19, 2015 at 7:27 pm

    Great one!
    Very useful for freelancers!

    Cheers!!

  4. Lawrence Berry

    Jun 17, 2015 at 4:03 pm

    This is some great advice to help you stand out from the crowd. I actually tried Olance and Edesk some time ago, just to see what it was like, and like you said it was very over-whelming. Every job offer that I was interested in had so many people who had already earned so much and had credibility sending their proposals. But, this is a great way to outshine them. I would also state to be ready to give any of the latest work you have done to seem more creditable and professional. I really like that you said add a video as well, that would be a nice touch!

  5. Addicted 2 The Grind

    Jun 17, 2015 at 12:38 pm

    This Post oversimplifies the process of making 24k extra a month. Its definitely possible but you failed to mention the hard work and that just created a 90 second video and having good pitches isn’t going to guarantee the readers a boost in income. I feel the was this was a pitch for your website , so you can build your email list rather than actually trying to inform the readers. There are some good take always and it is well written.

  6. eBizGuide

    Jun 17, 2015 at 9:34 am

    You need to create 2 separate accounts at each freelance site. One as a freelancer. And other as a buyer (fake buyer) for spying the competitors.

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