As such that sort of labor is easy to exploit. They have no bargaining power and are already working for peanuts.
As such that sort of labor is easy to exploit. They have no bargaining power and are already working for peanuts.
I have to be pretty diligent about thinking through how long it will take but it works out.
Additionally, I've gotten multiple clients with constant work. Was getting paid 8k per month for about 20hrs a week. They've scaled back a bit so its 5k for about 14 hrs a week now. Not all clients are good clients though. Still figuring out how to interview them up top.
And when I last checked I get about a 40% response rate to proposals and ~25% of those convert to doing the project. I probably apply to about 20 jobs a month and each initial proposal takes 10 or so minutes. Which seems about right since they give you "proposal" credits each month and I've never run out. At the end of the day, I'm only spending a few hours on cold sales per month.
The median developer on a freelance site is correctly priced at $9/hr, and there are thousands of options at that price point. Your job is to signal that you are not one of them, and that you are capable of actually completing software projects. A $150/hr bill rate is a good way of doing that.
You want your client’s decision to be whether to hope for the best with one of those Lowball bids that inspire zero confidence, or whether to go with the expensive guy who will at least get the thing built.
Specifically, Upwork charges the freelancer a fee of: 20% for the first $500 billed with the client. 10% for lifetime billings with the client between $500.01 and $10,000. 5% for lifetime billings with the client that exceed $10,000.
Something has to be up here.
Monthly expenses: $1,000 on rent (splitting with girlfriend) $300 on train tickets $500 on food, phone, internet, entertainment
I try to save about $1,000 every month, which is not very good. I could never dream to support a family or a mortgage like this, but at least I'm not struggling to make rent or going into debt.
I live in an area that would be described as "tough", but statistically, I think we have one robbery every week and one murder every season. By NYC standards, that's very safe :)
The money still wasn’t great (although I could have made it better if I were assertive enough to raise my rates on existing clients), and there’s no way in hell I would have done it if I’d had to use tracking software, but it was sort of kind of feasible.
We would pay more locally, but we're mostly not on upwork because of money. We just needed someone we could get soon. I will say that what $45/h gets you on upwork is far more than what you get in sfbay.