Comments on: Are You Doing The Right Kind Of Writing?

By: tumblemoose

tumblemoose — Tue, 14 Jul 2009 16:13:52 +0000

We’re glad you liked the article, Praval. Come back soon!

By: Praval Singh

Praval Singh — Mon, 13 Jul 2009 03:30:54 +0000

Hi Monika,

Very well written and so very true.

Cheers,

Praval

By: Monika

Monika — Sun, 12 Jul 2009 23:44:19 +0000

@ Catherine Franz: Great tips and advice there Catherine. Thank you for sharing your own experience. I’m sure this will help many aspiring writers plan accordingly. I also want to welcome you to this blog, it’s great to have you here.

Thanks for the tweet as well. I guess I should consider installing a tweet this button to make the process of tweeting easier for readers.

By: Catherine Franz

Catherine Franz — Sat, 11 Jul 2009 13:49:59 +0000

Sorry, forgot to mention, I like your post a lot and tweeted about it @pronfwriter

By: Catherine fRanz

Catherine fRanz — Sat, 11 Jul 2009 13:49:03 +0000

Balance is always important. If you need more balance, the marketing/sales percentage would be higher. But you should never stop marketing/sales no matter how much writing/jobs you have because it’s there’s always a time it will change. The number can be 90% writing and 10% marketing and sales.

I like to think of it in terms of short-term, medium-term and long-term. In reference as to when the money will hit my bank account. This way I also don’t have as much as an elevator ride with my cash flow as many freelance writers or in my situation coaching has. I always have a basic amount to cover what I call my necessary requirements.

Short-term I define as <30 days return dollars to my wallet (not invoicing and waiting, when it actually hits). Medium term 30-60 and long term 60-90.

I do my marketing/sales this way too.

This has worked for years. I guess this must be the logic of my past profession as a CPA.

By: Monika

Monika — Fri, 10 Jul 2009 01:47:21 +0000

@ Chesley: Like you I’ve always gaged my business according to my direct income. If it falls below a certain level I know that I have to try harder to find new clients. It is a great way to keep on track with your plans and goals. I actually monitor it daily and the best days are when hubby comes home and I can tell him that I just earned double or triple his salary for that day. The aim of course is to experience such a day everyday!

By: tumblemoose

tumblemoose — Wed, 08 Jul 2009 14:12:13 +0000

Hi Chesley,

Thanks for stopping by. It sounds like you’ve got a pretty fine system in place to keep all of the balls in the air. I think using your direct income is a very good status barometer.

Cheers!

George

By: Chesley

Chesley — Mon, 06 Jul 2009 03:17:26 +0000

I certainly find that there are a lot of things that I do for my freelance writing business that don’t necessarily pay directly, but are ultimately beneficial. I try to answer all my important email promptly, apply to new work, bookkeeping, blogging, responding to comments, etc. As long as I cover a certain amount of directly billable work, I feel free to give time to those other important tasks. I suppose that I use my direct income as a gauge. I’ve actually been so busy with projects lately, that some of those non-paying tasks have been pushed back. Naturally, I cut back on taking new clients when that happens. I think I actually spend a majority of my time working on paid work, or looking for paid work. I guess that depends on how fast the bills are coming.