daily blog

Author: Josh Monen (page 2 of 48)

Why We Need Mentors

We all need a mentor because we all have blind spots.

We only know so much. We’re not strong in every area. Yes, you have gifts and a unique ability but you also have weaknesses. Things you’re not good at.

And sometimes your weaknesses cause you to stagnate. You may be great at creating and managing systems but still struggle to see the big picture.

Or maybe you’re a gifted strategists but a bad tactician. You can dream but you don’t know how to turn it into reality.

Or maybe you’ve had a measure of success as a freelancer but you really want to own a business, not a job. But you’re not sure how to make that transition… that’s me.

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Stewarding Time Like Money

Early on in our marriage we decided we wanted to be debt free.

So we went through Dave Ramsey’s Financial Peace University at a local church in Tigard, OR.

We stopped eating out so much, started budgeting and paid off all our debt.

It was a great feeling when we finally paid our last debt (we had less than $20,000 so it wasn’t a crazy amount but it still felt great).

Another positive side effect of learning how to budget money is that it also teaches you how to budget time.

For example, most people think the solution to their money problems is that they just need more of it.

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Strengthen Your Will: Unbroken Chains

I jumped out of the hotel bed at 11:45 p.m.

“What are you doing?” my wife asked.

“I almost forgot to do my 100 pushups!”

It was dark but I knew she was rolling her eyes at me. But I didn’t care. All I cared about was not breaking my chain.

And the thought of almost going to sleep without doing my 100 daily pushups freaked me out (yes, weird things freak me out)!

So I pumped out 100 pushups, drank some water and hopped back in bed at midnight.

I started doing 100 pushups a day on March 4, 2013. My unbroken chain lasted 777 days in a row before I quit.

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Increase Your Freelance Income with Focus Sessions

If you want to make $100,000 a year as a freelancer then you must average $50/hour (assuming you work 40 hours/week and take 2 weeks of unpaid vacation a year).

$50 an hour.

That sounds doable, right?

I mean some copywriters make well over $100/hour so you should be able to manage $50, right?

You can. If you learn to take control of your time!

Learning how to invest your time wisely is one of the most important skills you can develop as a freelancer.

For example, let’s say you book a $5,000 copywriting job. If you stay focused and get it done in 50 hours then you made $100/hour, right?

If you get distracted and it takes you 25 more hours then your hourly rate just got bumped down to $66/hour. Ouch!

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Update on My Recurring Revenue Goal

Last year I decided to move away from working with clients who only had one-off projects to clients who had monthly ongoing needs.

My thinking was that this was the best way to predictable monthly income. And that’s turned out to be true.

Right now I’m making 81% of my income from clients who I’m working with on a monthly basis. And I love it.

It has definitely not been an easy road though. Like I said, I made this decision last year and after a lot of trial and error I finally feel like I’m hitting my stride here.

It’s a good reminder that even though we usually don’t know how our goals will come to pass, it’s still important to set, and pursue, them.

OK… enough motivational talk. Let me tell you how I got these clients because that’s what you really want to know, right?

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