Writing Coach - Helping Freelancers Profit
Writing Coach - Helping Freelancers Profit
Why you need a freelance specialty NOW Why you need a freelance specialty NOW Why you need a freelance specialty NOW
In This Issue
Note From Maya: What Are You Writing For?
Mark Your Calendar: 9 Ways to Find Writing Work NOW
Featured Article: Negotiate for Better Pay in 2010
Recommended Resource: 7 Secrets of Profitable Freelancing in a Recession
Best of the Blog: 6 Ways for Freelance Writers to Invoice--and Collect--Like Pros
 

Dec. 31, 2009
Volume One, Issue Six
Published every other Thursday. You are on our mailing list because you signed up for one or more programs at WritingCoach.com. To change your subscription, click on the link at the end of this e-mail.


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Note From Maya

I began 2009 with an ambitious list of goals. I wanted to earn more money, get a book deal, see my byline in glossy consumer magazines each month, speak at a major journalism conference, win awards and launch a publication for business-minded writers--all by 5 p.m. on Dec. 31.

I wrote the goals down on an index card, carried them around in my wallet, posted reminders around my workspace and even organized the files on my computer around them. The plan worked ... for a while. In January, I started work on a book proposal. In February, I walked into Barnes & Noble and saw my stories teased on the covers of three different glossies. In March, WritingCoach.com went live and the Society of Professional Journalists booked me as a speaker at its annual conference. In April, I was elected to the board of governors of the Society of American Business Editors and Writers.

But by summer, the goals felt less urgent--like the resolution to work out three times a week that gets downgraded to three times a month before the New Year is out. I still wanted money and recognition, but more than that I sought a goal big enough that, to borrow from Jim Rohn, in the process of achieving it I'd become someone worth becoming.

Toward that end, I'm making just one resolution for 2010--to spend each day writing stories and teaching courses that inform and inspire people to move in the direction of their dreams.  So please visit WritingCoach.com in 2010 for new content daily, and let me know how I'm doing.
 
As always, you're welcome to send your freelancing questions to me through www.facebook.com/writingcoach or maya@writingcoach.com, and I'll answer with a note, article or video.

Make every word count!

 
 
Mark Your Calender

Free Teleseminar: 9 Ways to Find Freelance Writing Work NOW
Monday, January 11, 2010, 7 p.m. EST

During this FREE call, experienced freelancer Maya Payne Smart will describe nine of the best ways to find freelance writing assignments in 2010. Based on her own experience and interviews with other freelancers, she will share what you need to do NOW to fill your assignment pipeline.

On the call, she also will announce Writing Coach Pro, a new coaching program that will give a select group of serious freelancers the opportunity to work with her for six months to take their writing businesses to the next level. Sign up to hear how Maya can work with you to boost your freelance income.

Can't make it on the 11th? No problem. Every registrant will receive a digital recording.

To learn more or register, click here.

 
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Featured Article

Negotiate for Better Pay in 2010

by Maya Payne Smart

Sick of your freelance clients asking for more while paying you less? Sorry, but this trend is likely to continue in 2010. Don't be surprised (or discouraged) if you're asked to coordinate photography, collect links, write sidebars, and more--without an offer of additional compensation.

This trend isn't a slap in the face, though; it's a call to action. Imagine a seesaw with your effort weighing down one end and a skimpy assignment fee raised high on the other. To balance the load, you can either lighten your effort or negotiate heftier compensation. But, trust me, the best move might be to get off the seesaw altogether.

When to Walk
When the pay rates are far below your expectations, walk away. You can't negotiate, for example, with content mills that pay a fraction of the professional rates you normally command. Say it with me: Established freelancers should not write for pennies. Make it a policy to just say "no" to unprofitable assignments so you can focus on identifying and marketing to publications that will pay you what you're worth.

Do Less for Less
When the proposed rate falls just short of your expectations, one option is to accept the lower fee but downgrade your time commitment proportionately. You can reduce your reporting time, the number of sources you consult, or your availability for revisions to make up for the lost dollars. Be careful, though; this strategy can backfire if editors sense that you aren't giving 100 percent.

Know Your Worth
Negotiation is often the best option. Think of the contract or assignment letter you receive as a conversation starter--not a final decree. Then identify your bargaining chips, assess your client's situation, and define the worst terms you're willing to accept.

Unique access to vital sources, subject-matter expertise, a record of submitting great work, and strong relationships with editors all can be leveraged in negotiations. Good editors prefer to work with familiar freelancers who can deliver on deadline, so they will exert whatever influence they have to pay their go-to writers well. Keep in mind that budget pressures outside of editors' control often push freelance rates down these days (translation: It's not necessarily your editor who's lowballing you), so you need to handle the negotiation graciously, have realistic expectations, and be as flexible as you can afford to be.

Take the Pressure Off
A casual, non-confrontational approach is best. I usually negotiate contract terms with editors by email so they don't feel put on the spot and, more importantly, so that there's an indisputable record of agreement details. For example, I wrote this note after receiving an unacceptable contract:

"Hi [editor], This contract states that you'll pay $0.90/word for the story. In the past, I've received between $1 and $1.50/word from [company]. I don't accept assignments for less than $1 unless it's a part of a retainer agreement where I'm guaranteed a certain total amount per month.Can you pay $1/word for the December piece?"

The email indicated my willingness to walk away from a one-off story rate below $1 but it also showed my flexibility. It made it clear that even though I had received up to $1.50 in the past, I understood that the company could no longer pay that rate. I even signaled that I would go below $1 per word---IF they agreed to send a steady stream of work my way. But I accomplished all this by outlining the facts of my pay history and standards--not by resorting to emotion ("Your offer disappointed me") or apology ("I'm sorry to be a pest, but would you mind reconsidering?"). Remember, negotiation is about give and take, and it's best to be friendly but straightforward. The editor immediately replied to confirm a $1/word rate.

Consider the 'Extras'
Don't forget that the size of your check isn't the only thing you can negotiate. Go for the extras that make your life easier and cost little to nothing when a good client can't budge on a rate lower than your standards. I recently discounted my fee for a new client in exchange for a few things I value: deadline flexibility, instant payment, reprint rights, and promotion of my writing courses. Now, I fit in this client's assignments whenever my higher-paid assignment pipeline slows. Moreover, the publication bolsters my reprint and teaching income prospects by granting me all the rights to my articles and publicizing my courses. It's a win-win.

For more negotiation insights, visit the Writing Coach Blog.

WANT TO USE THIS ARTICLE IN YOUR EZINE OR WEB SITE? You're free to do so, as long as you include this complete blurb with it: WritingCoach.com offers insights and inspiration for freelance writers. Sign up for our biweekly newsletter at WritingCoach.com to learn how to create wealth and enjoy the writing life.

 
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Recommended

Seven Secrets of Profitable Freelancing in a Recession Kit

Purchase the "Seven Secrets of Profitable Freelancing in a Recession Kit" to learn advanced business strategies for freelancers from pros who practice what they teach. During the 80-minute digital course Maya Payne Smart and Marcia Layton Turner teach proven methods for lining up freelance gigs, getting paid what you're worth and diversifying your client base without spreading yourself too thin. The digital recording, worksheets and 41-page transcript are available for $39. To learn more or purchase, click here.
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Best of the Blog

6 Ways for Freelance Writers to Invoice--and Collect--Like Pros

The difference between a successful freelance writer and an unsuccessful one usually boils down to how well you run your business. As an independent contractor, it's as important to keep those checks coming in as it is to deliver clear, compelling content on deadline. Unfortunately, collecting what you're owed can be a tough task, especially amid an economic downturn, when many companies delay their cash outlays, including payments to suppliers. The good news: You can protect your bottom line by being organized, professional, and assertive with your clients.

Click here to read on and see the half a dozen tips that'll help you avoid hassles.

 
 
About Maya
MayaMaya Payne Smart is a full-time professional writer who specializes in reporting on small business, franchising and entrepreneurship. She owns Ralston Payne Enterprises, LLC, and serves on the board of governors of the Society of American Business Editors and Writers. Since graduating from Harvard University and the Medill School of Journalism, Maya has written hundreds of articles for newspapers, magazines, and websites. Her 2009 clients include Black Enterprise, CNNMoney.com and numerous trade and custom publications.You can learn more about Maya and her line of Writing Coach products, services and events at www.WritingCoach.com.

Connect with Maya:

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Writing Coach is published every other Thursday via e-mail by
Ralston Payne Enterprises LLC, 3126 W. Cary St. #606, Richmond, VA 23221.
All contents ©2009 Ralston Payne Enterprises LLC.