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Thoughts on the Mode Media bankruptcy

September 19, 2016 by Jake Poinier

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mode media bankruptcyIt’s a strange feeling to have a blog post go viral and wish it hadn’t. That was my experience on Friday, when I checked Google Analytics and saw a huge surge in traffic to my post about what to do when a freelance client files for bankruptcy. I subsequently went to Twitter, and found the cause: the Mode Media bankruptcy announcement on September 15. [Note: I am using “bankruptcy” loosely not legally here, as in “they’ve shut down and aren’t paying their creditors.” The company hasn’t yet filed for legal protection, but that would seem a likely path forward according to this article.] [Read more…]

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Filed Under: Make More Money Freelancing Tagged With: bad things happen, bankruptcy, circumstances beyond your control, clients from hell, getting paid, mode media, red flags

Upwork raised its fees, and here’s what you can learn from it

May 11, 2016 by Jake Poinier

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UpworkIf you’re looking for a slam on bidding sites or outsourcing services, you’re not going to find it here. No, this is about the news that Upwork raised the fees it charges freelancers from 10% to 20% on projects of $500 or less and created a sliding fee scale based on freelancers’ lifetime billings. (The fees drop to 10% on projects of $500.01-$10,000, and 5% above that.) My interaction with Upwork, formerly Elance-oDesk, is limited to a strange experience with hiring a freelancer whose freelance rates were so low they made me question her talent. [Read more…]

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Filed Under: Make More Money Freelancing Tagged With: freelance bidding sites, it's just business, pricing freelance jobs, rants, trends

Keeping your freelance rate on the QT with references

May 6, 2016 by Jake Poinier

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freelance rate referencesDr. Freelance, a potential new corporate client has asked to speak to a couple of my existing clients as references. Is it fair and appropriate to ask those clients to keep the freelance rate I charge them confidential, since it’s lower than what I’ve quoted this potential client? I have different rates for different types of clients, but the new client may not appreciate the distinction. Any advice on approach—what to do/say or what not to do/say—would be greatly appreciated. Thanks!—Keeping It on the QT
[Read more…]

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Filed Under: Make More Money Freelancing Tagged With: confidentiality agreements, Freelance Pricing, negotiation, referrals

When a freelance client files bankruptcy

February 26, 2016 by Jake Poinier

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freelance client bankruptcyI started to get suspicious when a reliable freelance client still hadn’t paid their invoice after 60 days and several follow-ups. My left eye started to twitch when I discovered both of my main contacts had been let go. Yesterday, after several voicemails and emails of second and third notices, I got my answer: They’re filing for bankruptcy. It wasn’t a huge invoice, a couple hundred dollars, but it was a reminder from the universe that there’s no such thing as risk-free freelancing. [Read more…]

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Filed Under: Make More Money Freelancing Tagged With: bad things happen, bankruptcy, circumstances beyond your control, clients from hell, getting paid

Editing rates and negotiating

November 11, 2015 by Jake Poinier

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editing rates negotiatingDr. Freelance: I was approached by a successful entrepreneur and aspiring author who’s written a massive book about his industry. I initially gave him my editing rates in an hourly rate (a mistake, I know!), and he asked me to calculate a project fee based on the document as it stands. Well, my estimate was about 25% above his budget, and now he’s asking me to lower my rates. (He still wants me to edit the book, based on my own experience in his industry and the editing sample I sent him.) The challenge is that he wants more than just copyediting: He wants to cut out a lot of fluff, and there are some organizational issues I’d need to address as well as cleaning up the manuscript. I truly believe that my estimate is fair, but I’m torn between wanting the gig and needing to stand my ground.—What’s My Next Move? [Read more…]

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Filed Under: Make More Money Freelancing Tagged With: Freelance Pricing, negotiation

The need for speed [in freelance writing]

October 23, 2015 by Jake Poinier

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freelance writing speedDr. Freelance: I’ve been offered $0.10 a word, for a total of $9350, between now and December 30 to provide writing content for five different websites. No two sentences can be the same. I’m trying to decide if this is physically possible.—Karin

I’ll be honest: When I first read this, I was thinking you’d been offered a freelance writing job for 9,350 words, which is physically possible. But after our follow-up conversation, I understand that the project is actually a headier 93,500 words. I wrote a bit about writing speed in “How much time will it take to write the copy?” a while back, but let’s break your particular situation into its component parts—because it’s not just about the need for speed. It’s about math. [Read more…]

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Filed Under: Make More Money Freelancing Tagged With: opportunity cost, rates too low, the need for speed, writing speed

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