I recently wrote a Medium post titled, The Dead-Simple Path To Go From $0 To 7-Figure Writer, walking through the 5 steps you can take to accelerate your income as a Digital Writer.
However, something that doesn’t get talked about very often is what happens when you go from $0 to approximately $100,000 per year.
Once you learn some of the foundational skills of Digital Writing — like how to write irresistible headlines, 10x the formatting of your content, and how to create your own niche, all things we teach inside Ship 30 for 30 — earning $5,000 per month, or upwards of $10,000 per month as a writer/creator becomes very feasible. (All you need is 3 clients paying you $3,000 per month and you’re earning six figures!)
But then something unfortunate happens…
You get stuck.
- You can’t work “harder.” You are already working hard!
- You can’t sell more time. You only have so many hours in the day.
- And you can’t charge more per hour. You will eventually reach a breaking point of what people are willing to pay you.
So, what do you do?
There are two traps freelance writers typically fall into:
First, they try to earn more by landing more clients. “If only I could work with 1 more client per month, then I’d go from making $100,000 per year to $125,000 per year!” But this requires them to work harder — harder than they are already working (meaning something has got to give. Usually sleep.).
Second, they try to charge more per client. This is a slightly better approach, but even still, clients will only pay you so much per hour, month, or project. At a certain point, your earnings will be capped again — meaning the only other option is to “work harder.”
Both of these scenarios are incremental at best.
While most Digital Writers can quickly elevate themselves and start earning $100,000+ per year, it is very, very hard to make more than $250,000 per year without some form of Digital Leverage…
