A 5-Step You Can Learn How To Make Money Online Step By Step Guide (And ANYONE Can Follow)

You can start making money online this month through freelancing thanks to the miracle of the internet, and the best part is that I've created a straightforward, step-by-step tutorial that even complete beginners can utilize to get started.

The bad news is that working as a freelancer online requires dedication and hard effort; it is NOT for individuals looking for a quick fix to financial success.

I advise you to locate another article if you want to become wealthy quickly. For everyone else, there are only a few things you should be aware of if you wish to earn money through freelancing:

Step 1: Locate your first customer

Step 2: Present your bid (by using this email template)

Step 3: Determine your price.

Why should I freelance for profit?

Reason #1: Less rivalry

Reason #2: Vast financial possibilities

Third factor: lower risk

Reason #4: This combination is unbeatable

Step 1: Locate your first customer

You must know where they reside in order to locate your first client.

No, you creep, I don't mean stalk them. I refer to being aware of their identities and issues. Think about it:

Who is my customer?

Where do people turn when they seek to find answers to their issues?

Where are they STRAIGHT AWAY looking for answers to their issues?

How would you link them up with your service?

You should identify your target market, to use a word from traditional marketing. Unfortunately, a LOT of people skip over this crucial first step when they begin earning money as a freelancer online. If you don't do this, you won't know what you're selling or to whom if you're selling anything at all.

So please, narrow your market segment for me.

Who EXACTLY fits the profile of a potential customer for your product? Now, be even more specific in your inquiries about your potential client.

What is their age?

Who lives there?

What do they find interesting?

What is their salary?

What authors read they?

In order to give your consumers with exactly what they require, you'll need to understand what goes through their minds.

then discover where people look for answers. Gain their attention:

Want to make a sale to mothers who blog about their kids? Start reading the blogs listed under "Popular Blogs" on The Mom Blogs.

Within 50 miles of your home, are there any physical or massage therapists? Yelp ought to make getting started simple.

There is certainly a nearby pet shop or dog park where owners are gathered and waiting for you to offer them a solution if you want to undertake huge dog grooming and sitting.

With this easy practice, 80% of your ideas will be strengthened—or destroyed. And getting started only takes a week or two.

Get inside of their thoughts before niching it down. Take action after reading their thoughts. Now that you know the location of the hidden huge dog pet business. Great. Now check out their website, go to the store, and speak with the proprietor.

Could you make one customer pitch every morning? Most likely, if you made an email template (more on that in a bit). How about ten over the weekend, experimenting with various headlines and offers to see which ones perform better?

It doesn't need to be painful and it doesn't need to take a long time.

Step 2: Present your bid

You'll need to create a pitch that is specific to them when you narrow down your product and identify a few quality leads.

While doing so, you should focus on the BENEFITS of working with you and avoid giving away too much about how you'll be of assistance. When I first started out, I lost a significant number of clients because I gave away all the details of how I would be able to help them. Stupid.

I'm going to share with you the same 5-line email template I've used to create the ideal pitch for new clients because I'm such a kind and generous person. It contains:

the introductory part. Introducing yourself and how you know the client will help you establish rapport.

the proposal Discuss them. What are your plans for them? Why are you suitable for the position? To find out what the group needs help with, you should do some research on it.

the advantage. Explain to them how your effort will be beneficial to their business. Will you make more time available for them? Will you increase your profit margin by X?

the request for action. Ask them whether they want to move forward after being clear with them about this. A crucial component of this script is the call to action.

Step 3: Determine your price.

When freelancing for the first time, the MASSIVE majority of individuals trip up in this area, and I don't blame you if you do too. It takes a lot of trial and error to arrive at the proper pricing for you because there is no exact science behind how much to charge.

However, you should concentrate on your pricing strategy, from which you can select one of the following:

Hourly. Most of us have experience with jobs like this. Your client pays you on an hourly basis, and you charge an hourly fee. The advantage for the client is that they reduce their risk because they have the option to cease paying you at any time if they're not satisfied. You gain from this because there are numerous industry standards about the typical hourly wages for your line of work.

by venture. Per project, you will be compensated for this. So, for example, if a client asks you to illustrate an e-book, you'll be able to provide them more specific deliverables and know exactly what you're being paid for throughout the entire project.

with a retainer. This gives the client access to you throughout the course of a month at any moment. If you are really important to the business, you will typically be compensated on retainer.

Commission/Bonus. This payment method can be used in conjunction with all the others and can offer you a good incentive to finish your task. For instance, suppose your customer offers you a $1,000 bonus if you generate X leads using their landing pages.

Value-based. As the name implies, this payment model is based on the value you provide to the business. For instance, you may negotiate for the customer to pay you $15,000 for writing a sales page that will bring in $200,000 in revenue.

Although it's entirely OK to use any of the aforementioned price structures when freelancing, I strongly advise getting paid by the hour when you first start out. You are a newbie freelancer, after all. Clients won't be eager to give you a large project price since they will be leery of you. They feel more secure knowing they can stop paying you at any time if you bill by the hour. Simply put, it's easier.

Of course, as your freelance job develops and you land additional clients, you'll be able to adopt any of the pricing models that appeal to you. But initially sticking to hourly billing is just easier.

There is no definitive answer as to how much you should initially charge. Fortunately, there are a few simple, off-the-cuff techniques you may use to determine a ballpark figure for what you should be charging. As follows:

Drop Three Zeros MethodTake your ideal (i.e., realistic) pay and subtract three zeros to get your hourly rate.

Say, for instance, that you truly want to make at least $40,000. Simply subtract the final three zeros to get your fee, which is $40 per hour.

This one is great since it's both incredibly interesting and powerful: double your "resentment number." What is the lowest wage you will accept that won't make you appreciate your work? Just double that amount to get to $30/hour, assuming that you will work for at LEAST $15/hour.

Go to Google and look up the typical hourly charge for the service you're offering, just like the guy after you did. When you start charging your customers, you'll have a decent idea of where to start.

The nice aspect is that once you start charging clients, you can start taking on more or less work to get to the desired income level.

For instance, it's really simple to start raising your fees and asking your clients for more money once you've made your first $1,000.

The Tuner Strategy is what we refer to as. After receiving your first few clients, start "adjusting" your charges. Did you earn $30 per hour? Set your price at $40 or even $50. The amount you should charge isn't governed by any strict guidelines. Simply start adjusting until you find a rate you like.

Investing in oneself

Keep in mind that mistakes are acceptable. Particularly when you first begin. The most crucial thing is to start, make mistakes, and learn from them.

Now, one thing you'll notice is that those who haven't invested the time to grasp how this stuff works tend to establish what are known as levels of abstraction.

Instead of merely going after what they want, they will instead develop a variety of abstractions that make them feel good but don't actually require them to put in the necessary work, such as creating a Facebook page or a blog.

Once you've identified a source of customers and created an email that receives replies, keep improving it until you are consistently bringing in new customers. This distinguishes successful freelancers from unsuccessful ones. Losers wait for the ideal customer to appear out of thin air. Winners begin somewhere and gradually hone their pitch.

Why work from home and earn money?

There's simply NO reason you shouldn't be earning money on top of that, even if you have a job you like.

There are four solid arguments in favor of freelancing as a means of generating income.

Reason #1: You have an advantage because few individuals consider working as a freelancer on the side.

Few people ever attempt to begin freelancing on the side due to disparities in skill, drive, and luck. Instead, they focus on things like giving up lattes to save money while whining about their financial problems and blaming factors they have no control over, such as the economy and taxes.

Therefore, if you're one of the few motivated freelancers who actually DO earn more, you make the majority of the extra money. The victors receive disproportionate rewards when they choose a field where there is a built-in barrier to success, such as making more money on the side.

Second, you can modify your rates and offers to maximize your earnings.

The earning potential for freelancing or simply creating money on your own is virtually limitless.

You may adjust your prices and products to the point where you're making as much money as you want, whether you're freelancing or launching a business. As you discover more about your clients, each pricing point can serve as a stepping stone to the following one. The only thing left to decide is if you're ready to begin.

Third motivation: You'll reduce your hazards

What if your job was eliminated tomorrow? Would you be able to fall back on another source of income? If not, you'll have to use money from your emergency fund, assuming you have one.

You already know how important it is to diversify your finances after reading this blog. The same concept applies to your sources of income. Because of this, it's crucial that you have a secondary source of income, and freelancing is ideal for doing so.

You will also be able to cultivate and establish valuable relationships and clients for the future if you start while you are still working at another employment.

Reason #4: Combining effective money management with increased income is a winning formula.

Earning more money combined with the automation plan for investing, saving, and spending that I describe in my book will provide you a strong financial foundation that will position you for a Rich Life.

Keep in mind that there is a cap on the amount you can save, but there is no cap on the amount you can make.

You need to first respond to two extremely significant questions in order to determine that:

What do I provide?

Who would want to purchase from me, anyway?

I'm done now. If you can satisfactorily address those two issues, you'll be well on your way to a lucrative freelance career.

What do I provide?

Every single person has a marketable skill, in my opinion; many people just aren't aware of it. It consequently becomes the most frequent obstacle keeping people from working for themselves or doing freelance work.

But you just need to ask yourself four questions to figure out what you want to do:

What are you currently paying for?

We already pay employees to perform a variety of tasks. Are you able to make one of those into a side hustle? Examples include cooking your meals, cleaning your home, and walking your pet.

What talents do you possess?

What do you know, and what do you know well? People are willing to pay you to teach them if you have these skills, which include fluency in a foreign language, programming, SEO, cooking abilities, etc.

What are you good at, according to your friends?

I adore this query. Examples: Workout programs, relationship counseling, fantastic fashion sense, etc. Not only can it be a small ego boost, but it may also be highly revealing.

What are your Saturday morning plans?

On a Saturday morning before everyone else is awake, what do you do? This can disclose a lot about your interests and preferred activities. Some examples are browsing fashion websites, maintaining your automobile, reading fitness subreddits, etc.

I guarantee you'll find a means to earn money freelancing if you can uncover the answers to those questions.

Who would want to purchase from me, anyway?

Some of you may be asking themselves, "How in the world do I locate someone who wants to pay me to perform XYZ?"

Listen, I understand. You might believe that your proficiency in Portuguese or your talent for amazing magic feats won't allow you to make money. yet that is simply untrue.

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Regarding, it makes no difference if there are other copywriters, designers, or anything else in the world. They will hire you if you can demonstrate to them that you can provide real value and advantages. Period.