🔥 The Worst Advice

For freelancers, this advice can be deadly... How long have you been freelancing? For me, it's something like 12+ years. And I can't believe, I'm still hearing [this advice]( being given to new freelancers. It's probably the worst advice I've ever heard. If you're giving it, please...stop. If you're frustrated by it...I give you permission to ignore it. 🔥 More in this newsletter: - What’s a Rush Fee? (and Why It Matters) - Pro Advice on Getting Paid as a Freelancer Enjoy! Preston & the Millo Team PS: What else should we talk about in this newsletter? [Tell us!]( Invoice without a company using [Juuli]( – no setup, bank accounts, contracts, or accounting stress. Sign up in 10 mins, create invoices, and get paid instantly. Use code HIJUULIAN for a 0% service fee. [Start free now!]( What's a Rush Fee (and Why It Matters) As a service-based business, time is invaluable. So rush fees can make a big impact in your business. Here's a concise breakdown of how they work and why they matter: What is a “Rush Fee”? A rush fee is an additional charge for expedited project completion, signaling priority work at a premium. ie: when a client needs something done "tomorrow", you charge extra to make it happen. 4 Key Benefits of Rush Fees - Manage Expectations: Set boundaries and communicate that rush jobs come with a cost. - Ensure Quality: Prevent overload and maintain high standards across all projects. - Optimize Time & Workload: Prioritize effectively to meet client needs while balancing workload. - Fair Compensation: Offset opportunity costs and ensure fair compensation for extra effort and resources. For more on rush fees, read: [What’s a Rush Fee? And How to Calculate it]( [Moxie]( - The hardest part of streamlining your business with Moxie is deciding what you'll do with your new free time. Uncomplicate your business. Start a free trial with Moxie today. [Start your free trial now.]( What Your Freelance Pricing Really Says About You Your pricing isn't just about numbers—it's a reflection of your brand and business ethos. Here's a breakdown of the hidden messages behind your freelance pricing: Low Pricing - Message: "I prioritize affordability." - Pros: Attract budget-conscious clients. - Cons: Risk being perceived as lacking in talent or skill. Average Pricing - Message: "Quality work at a fair price." - Pros: Maintain competitiveness. - Cons: Blend into the crowd without standout pricing. High Pricing - Message: "I offer top-tier quality." - Pros: Signal confidence and exclusivity. - Cons: Risk appearing overconfident without a stellar portfolio. One-Time Pricing - Message: "I address one-time needs." - Pros: Suitable for singular projects. - Cons: May suggest a lack of long-term commitment. Recurring Pricing - Message: "Value-driven, ongoing support." - Pros: Emphasize long-term client relationships. - Cons: Risk being perceived as money-focused if not executed transparently. Non-Negotiable Pricing - Message: "I know my worth." - Pros: Streamline business operations. - Cons: May lose some clients unwilling to meet fixed rates. Flexible Pricing - Message: "Open to negotiation and collaboration." - Pros: Attract clients in different stages. - Cons: Risk undervaluing your services if not carefully managed. Reflect on what your pricing conveys about your brand and business goals. Ensure it aligns with your desired message for optimal client engagement and business growth. Originally posted here: [What Your Freelance Rates Really Say About You]( Whew! If you made it this far—thanks for sticking with us. See you in next week’s issue of 🔥 Freelance Fire. [Twitter]( [Facebook]( [Website]( [YouTube]( [LinkedIn]( Copyright © 2024 Millo, All rights reserved. You subscribed to this newsletter at Millo.co (previously GraphicDesignBlender.com). Thanks for subscribing. Our mailing address is: Millo 265 N Main Street Ste. D #229Kaysville, UT 84037 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.