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6 Figure Creative

#206: Stuck With Low $$$ Projects? Here's How To Level Up To $50,000 Projects | With Ryan Koral

70 min • 28 juni 2022

The dark side of freelancing (that no one wants to discuss) is the wasteland of low-dollar "Fiverr Freelancers" charging bottom-dollar rates for "butt-in-seat" projects.

Whether you're on Fiverr or not, you may still be trapped in this low-dollar wasteland that is essentially just another soulless day job you've created for yourself.

These projects tend to be unfulfilling and draining, and you end up in a horrible financial place.

This is what so many newbies and struggling creatives do, and many never make it out of this trap.

I know this might sound painfully obvious, but you can't build a sustainable freelance business out of low-dollar, unfulfilling work where you're competing with hundreds (or thousands) of copycat competitors willing to work longer hours for less money than you.

This is why I wanted to bring on Ryan Koral from Tell Studios to talk about how he successfully transitioned from $500 projects to regular $50,000 projects, eventually scaling his freelance business to over $1,000,000 per year.

Ryan shared a ton of incredible info, including one of my new favorite strategies for closing high-dollar projects, so do not skip this week's interview.

In this episode you’ll discover:

  • Why Ryan pivoted from a full-time job earning $23,000/year to a becoming a full time freelancer
  • How "yes mode" affects the start of your business
  • Why you don't hire significant others for your business
  • Dealing with employees who don't have the right expectation
  • The benefits of delegating tasks to others
  • Why your employees aren't the idiots you think they are
  • Your value vs. how your clients value your work
  • How to sell a low $$$ workshop that leads to a $50k project (with a 100% success rate). 

For full show notes, visit https://6figurecreative.com/206

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