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Hi friends,
If you type in Google ”How to make money,” you probably see a method called — “Freelancing”.
It is popular now, as many people have lost their jobs and need an extra source of income.
Freelancing can also be turned into a real business (further in the post).
In today’s post, I’ll show you exactly how much money I made by freelancing on Fiverr in 2022.
Also, I will share my little story and show you what steps I did, so you can learn how to succeed in this.
The steps and tips featured in this post helped me to get $280 or 9 orders in 4 months on my Fiverr business as a video editor from the scratch.
Let’s dive right in…
I have always been interested in making money.
I wasted 2 years of my life watching YouTube videos about “get rich quick” schemes because I was naive.
But gladly, I understand that this is all a scam.
Then I tried wholesale drop-shipping on a Ukrainian marketplace called OLX, but there were low margins.
I tried things here and there but was never consistent with one business.
As the war started, I read 2 pages of the book about Starbucks, and I was enlightened.
Now I understand Why I’m not getting any success in my life.
And the reason was simple — “Consistency”.
I don’t have consistency in any business I started.
So I throw the “get rich quick” schemes into the rubbish can, and at this time, I choose to create something long-term.
I browse the internet and finally choose to start freelancing, but before we move on, let’s ask ourselves, what is freelancing?
When you do freelancing, you are a free agent. Today you can do work for one client, tomorrow for another, and so on…
Basically, you’re self-employed and don’t commit to a full-time job.
You can get paid in different methods like per hour, per project, and per task. It all depends on what terms you agree with your client.
For example, you’ll get paid per project on Fiverr, but on Upwork, you’ll usually get paid hourly.
Usually, freelance projects will be short-term. But often, if the clients are satisfied with your work, they can become recurring long-term clients.
Especially if you provide work that needs to be done repeatedly, like video editing for a youtube channel or writing a blog post.
How high your rates and how many clients you will get depend on what type of skill you will provide.
The demand for freelancers > is the supply right now!
Here is a list of hot skills for that people will pay you ASAP:
- Writing
- Video Editing (mine)
- SEO
- Influencing
- Dropshipping
- Social media management
- YouTube Editing (mine)
- Ebooks
- Logos
And so on….
The main reason why people want to become freelancers is to be their own boss.
As you can see 78% of freelancers say that one of the key reasons for freelancing is ‘schedule flexibility’.
Source: Upwork
Only and ONLY you choose whenever you work. If you want to work from 11 am to 6 pm or from 3 pm to 9 pm, you got it.
Also, you can choose where you want to work. Maybe it is at home, studio, or cafe with an aromatic cup of coffee.
As a freelancer, you are your own boss, and it gives benefits such as choosing where & when to work.
But don’t forget about self-discipline, as you become your own boss you’ll need to manage the new responsibilities you’ll get.
Freelancing allows you to choose to work on long-term or short-term projects.
But if you want to kickstart your freelancing journey, you need to take every project to get 5-star reviews.
But of course, as you grow, you can choose projects whatever you like.
For example, if you are a writer and hate to write an email copy, you don’t have to.
If you are a logo maker and never wanted to create a logo for a hotdog company and just make minimalist logos, you can do that.
Also, if you don’t like your job, freelancing can give you the opportunity to learn new skills and find your passion!
For example, I choose video editing, and I love doing it.
Here are some of the gigs with the highest average price you can try:
- Presentation Design — $231
- Website Building — $128.90
- Website Design — $105.70
- Business Consulting $98.10
- Social Media Manager — $93.70
- 3D and 2D Modeling — $65.20
- Web Development — $63
- Video Editor — $58.40
- Book Cover Artist — $51.50
- CV, Cover Letter, and Resume Writing — $49.60
Let’s face it, you can’t scale income working on a job. You have a set salary.
But unlike a regular job, freelancing has unlimited earning potential.
Over time as you will get more reviews & experience, your earnings will increase. In these images, you can see that difference.
Also, after you scale your freelance business, you can hire people to do the work for you and turn it into a passive income stream.
And freelancing is an excellent way to make money side by side with a part-time or full-time job.
Source: Upwork
Networking has been shown to have a strong impact on career success.
You can create new friends with freelancing as well!
As your freelance business grows, you’ll meet new people.
It’s a great opportunity to make friendships with them that can help you in the future.
As a freelancer, you must say “yes” to every opportunity on your journey!
Always remember that earning money is nice but having influential people surround you is great!
In the next section, I will show you how I learned video editing (a lot of helpful information)
I already tried editing videos in the past, but it was on a fundamental level.
I use Adobe After Effects & Premiere Pro for video editing.
I recommend them because they have the most enormous amount of useful information on YouTube as they are popular programs.
So as I started to learn video editing seriously, I first watched these 4 fantastic courses from Jordy Vandeput. He is a professional filmmaker and has over 2 million subscribers on his youtube channel:
I choose him because he has the most significant amount of students in his courses and they are really amusing & informative.
After watching these 4 courses, you’ll already have a technical base, but we also need a theory.
I recommend just going on YouTube and finding videos about effects creation, tips, and tricks on video editing.
These are the most valuable videos I find on YouTube, and I recommend them to every beginner as a starting point:
9 Cuts Every Video Editor Should Know | Filmmaking Tips
8 Steps to Edit a Video in Premiere Pro (Start to Finish)
Audio editing is also essential.
As many people say:
Audio is 50% of the video
So you need to learn it too.
The software I use for audio editing is Adobe Audition and Audacity.
And as with video editing, I learn it with Youtube tutorials.
This is my recommendation:
🔊 How to use Audacity to Record & Edit Audio | Beginners Tutorial
There is a professional on this topic. His name is Mike Russell, and he’ll help you create better audio on his channel.
After you learn the basics of video and audio editing, you need to move on to the next step…
I’ll don’t show you how to create the account because you can find this information on YouTube.
But I will show you 5 tips on how to make more money, improve your account and, in return, potentially bring more clients.
As the title says, you need to create only 3 gigs at the start of your freelancing journey.
Why?
Let’s say you create only 1 gig.
And when the potential client checks out your profile and sees your gig, he will click off to find another seller. Because it doesn’t look professional.
And if you create 5 gigs, you will be overwhelmed by the number of orders you will get, and at first look, it seems great.
But if you’ll take too many projects, you will not be able to deliver them on time, and in turn, it will hurt our reviews & hurt us in the long term.
That’s why 3 gigs are perfect.
Your profile will look professional, but you will not be overwhelmed by the number of orders you need to do.
Extras are a great way to make more money on Fiverr.
Extras are extra services you provide alongside the main gig.
For example, I add an extra that provides SEO for an additional $20.
And when the client buys my writing gig, he can also add an SEO option to his order.
So he will pay me $20 more than just the gig itself.
Listening to your clients is a great way to find out what extras you should provide.
For example, 2 weeks ago, on my YouTube editing gig, one client asked me:
“Do you provide thumbnails for youtube videos as well?”
So that’s what I can learn to do and make more money.
If you are just starting or don’t know what extras you should add.
Look at what extras other sellers are providing in your niche.
Here’s what you need to do:
1. Find a top-selling gig in your niche and click “Continue”
2. Click “Continue” one more time
3. And you will see exactly what extras this seller is providing.
You need to have human photos with eye contact on your profile.
First of all, most clients want to know who they are hiring. So, it will give you more credibility.
Who do you think you are most likely to buy from as a client? An account with a logo or with an actual human.
The same story happens with gigs. You need high-quality pictures with YOU on there.
If you research, you’ll see that top-selling gigs have pictures with humans and eye contact.
To get maximum credibility, I recommend adding 2–3 pictures of you on each of your gigs.
Here’s an example of bad and good gig pictures:
If you want a professional-looking account, you need to fill everything you can in your profile.
Fill description comprehensively.
Here is a checklist of what you should include in the description:
- Who are you
- Skills
- Services you provide
Here’s what should good description look like:
Also, enter all languages you can speak.
Add as many skills as you can under the “Skills” section.
But do not lie because the clients will know about it, and you will end up getting bad reviews.
Bonus tip:
You can complete tests around the skills you enter.
Here are the tests I complete as a video editor:
- Adobe After Effects
- Customer service
- English language
Under the “Skill Tests” section, you can see your tests & score on them.
It’s not a secret for sellers that Fiverr make money by taking 20% off every transaction.
Source: Fiverr
For example, if you receive a payment of $100 on Fiverr, you will receive $80 in the real world.
From this information, we logically can understand that Fiverr is promoting its most active sellers because they will satisfy clients with fast service.
It’s a “win-win situation” for both sides.
Fiver gives a job to active sellers, and because they satisfy clients, they will return to this platform to buy more services.
To be an active seller, you need to be most of the time online and quickly respond to messages from clients.
The good average response rate is lower than 5> hours.
The rule of thumb is to check our messages 3+ times daily to maintain an average response rate in good condition.
After I learned video editing, I created my Fiverr account and these 3 gigs:
1. Youtube Editing
2. Dropshipping video ads
3. Edit any video
Then I ask my sister to leave me my first review.
After a week or so, one person messaged me about a free video editing project.
He wanted to test me first, to know if he’ll like my style of editing or not.
I said, “it’s a great opportunity to improve my skills,” and started working on it.
After hard work on this project, he liked it.
But he wanted a new YouTube video every 2 days… and I only can create a new video every 5 days.
But this did not satisfy him, and the client vanished.
After 3 weeks of waiting, I finally got a great client that pays me much higher than my actual gig rates (I have the cheapest rates on Fiverr).
He said he also paid the other 3 sellers to test & choose the best of us, and he liked my editing the most.
I still work with him to this day.
After two months of working with one recurring client, something happened.
I got a second small client that asked me to edit their screencast video for their website. He paid me $10, but it was still nice.
So after 4 months, since the day my sister leave me my first review…
I get in a total of $270 and 9 orders.
So yeah, freelancing is not dead and pretty hot right now.
You can definitely make a lot of money with it.
But as I said, this is not a “get rich quick scheme.”
Freelancing is good, but it’s a long-term side hustle that you can turn into a passive income stream later.
Because I watch other people’s results, I see that their income increases every year… yes, you hear me right.
Not every month, but every year.
The article is on my Substack.
Now I’d like to hear from you.
Have you tried freelancing before? If so, how did it go?
Let me know in the comments section below.
And don’t forget to subscribe to my YouTube channel. There is a lot of helpful information about my entrepreneurship journey.
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