You must always protect your rights to what you produce. If you don't you could lose money. For instance let's say you are a freelance writer. If you do not protect your rights over a piece you sold, you may not ever be able to sell the piece again. If you don’t sell the rights to a piece, you can resell the piece over and over.
( Read the transcript )
Let’s look at other ways you can increase your revenue and in some cases work even less to do it.
One way to make more money is to offer more. Instead of just accepting the job as is, look at ways in which you could add more services. An example would be if you were a web designer. Why not offer to find them a hosting service, have a monthly update feature or make up some advertising for the new site. The client would be happy with the one stop shopping and you have made a greater sale which means a greater profit.
You can offer bundled packages as well. These packages can offer some savings as compared to a la cart services. You can offer buying in bulk deals, where they are guaranteed a certain number of projects for a reduced price. This happens all the time in the freelance world. It is guaranteed revenue, but be careful not to cut your prices too much. This could hurt your profit margin.
Companies often have to spend money in order not to lose it. If a department has to spend money before the end of a fiscal year, they are often in a mad rush. Advertising during this time of the year can earn you money.
You must always protect your rights to what you produce. If you don’t you could lose money. For instance let’s say you are a freelance writer. If you do not protect your rights over a piece you sold, you may not ever be able to sell the piece again. If you don’t sell the rights to a piece, you can resell the piece over and over. One job, many paychecks. That is smart business. If a client asks to sign your rights over on a product be very careful. If you sell the rights to a piece then you are selling the permission of the client to use the work. If you are able to resell pieces you are working less and making more. It is just another step on the way to making millions of dollars freelancing.
One way to make more money is to offer more. Instead of just accepting the job as is, look at ways in which you could add more services. An example would be if you were a web designer. Why not offer to find them a hosting service, have a monthly update feature or make up some advertising for the new site. The client would be happy with the one stop shopping and you have made a greater sale which means a greater profit.
You can offer bundled packages as well. These packages can offer some savings as compared to a la cart services. You can offer buying in bulk deals, where they are guaranteed a certain number of projects for a reduced price. This happens all the time in the freelance world. It is guaranteed revenue, but be careful not to cut your prices too much. This could hurt your profit margin.
Companies often have to spend money in order not to lose it. If a department has to spend money before the end of a fiscal year, they are often in a mad rush. Advertising during this time of the year can earn you money.
You must always protect your rights to what you produce. If you don’t you could lose money. For instance let’s say you are a freelance writer. If you do not protect your rights over a piece you sold, you may not ever be able to sell the piece again. If you don’t sell the rights to a piece, you can resell the piece over and over. One job, many paychecks. That is smart business. If a client asks to sign your rights over on a product be very careful. If you sell the rights to a piece then you are selling the permission of the client to use the work. If you are able to resell pieces you are working less and making more. It is just another step on the way to making millions of dollars freelancing.
