jmonen

daily blog

Month: June 2017 (page 1 of 6)

Saying No To Good Ideas

Yesterday one of my clients emailed me an idea about a new product he wants to launch.

He said if I’d write the copy for the sales page I could get a commission on sales. I looked at the product and it was good. My client also has authority in this area.

I bet if I did it I could make some money.

But I said no.

Why?

Because I’m already spread too thin. I have enough of my own good ideas that I have not yet fully implemented. And if I say yes to this it means I’m saying no to something else.

There’s an opportunity cost to everything.

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7 Money-Making Scheduling Tips for Freelancers

I quit my job as an insurance agent in 2011 to freelance full-time.

During my first year of self-employment I made very little money but somehow still managed to stay “really busy.”

That’s because I was busy in all the wrong areas. I spent hundreds of hours building and tweaking my website, writing blog posts and yes going to meetings!

You would think after leaving Corporate America I would have learned that most meetings are a complete waste of time.

But sometimes I’m a slow learner.

Because 6 years ago my calendar was full of meetings. I was so desperate to make a living freelancing that I would talk to anyone who gave me a chance.

I did it in the name of “prospecting and networking” of course. But the truth is 95% of those meetings I should never have taken. These were not people in a position to hire me. They were just nice and willing to talk.

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How to Find Your Hourly Freelance Rate Using Toggl [Video]

If you’re a freelancer trying to find a good way to calculate your hourly rate then the video below is for you.

In it I show you how I use a free app called Toggl to track my time. I walk you through the exact process I use whenever I start a new project and show you how to run daily, weekly and annual reports to see where you’re spending your time.

$80/hr vs $200/hr Projects

I work as a freelance copywriter and I own a marketing agency.

So most my time is divided between those two areas. And recently I wanted to know how much I’m making per hour as a copywriter vs as an agency owner.

Since I use a free app called Toggl to track all my time, it was pretty easy to figure out.

First, I did the math on a $5,575 copywriting job I just finished. It took me 65 hours to do so I made $85.77/hr.

Then I ran a report on another recent copywriting project I did. My rate was $4,275 and it took me 54 hours to do, bringing my hourly rate to $79.16.

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Specific Prayers & Tracking Results

On June 4, 2017 I decided to start a new daily prayer habit.

So for the last 3 weeks I’ve been praying at least 30 minutes a day. Some prayer sessions have been great. I sense God’s presence and feel like I’m praying in power and with authority.

But most days I feel like I’m just going through the motions.

My prayers feel lifeless and I fight thoughts that whisper, “Josh, you’re becoming so religious by turning a life-giving thing like prayer into a dead habit. You’re wasting your time.”

Thank you Accuser, you’re so “encouraging.”

When I get thoughts like that I go back to the Word to meditate on the truth.

I did that today. I read James 5:17–18 that says:

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