Freelance Writing Advice: Jumping at Opportunity

The Importance of Jumping Quickly at Major Opportunity

One of the major pieces of advice I can give beginning freelance writers is the importance of jumping to take advantage of an opportunity when one arrives. Sometimes you see a potential to make a lot of money, or potential to really take advantage of how a writing website is doing in order to build up a great residual income for yourself. If there's one thing I've learned from several years writing, it's that diversification is important but when you see a clear opportunity, you need to put the majority of your efforts where you're going to get the majority of returns. For other 4 Hour Workweek fans out there, this is referred to as the Pareto Principle or 80/20 Principle. Spreading yourself out in the name of diversity doesn't make sense if you have one clear winner. Invest most of your energy in the open writing opportunity, and come back to diversify later.

So what do I mean by this? I'm going to give you two obvious examples from my own time writing online, and the reason I believe they both work is that even though both opportunities have more or less closed, meaning they wouldn't pay long term now the way they used to, if I had taken heavier action early on in both situations, I'd be far better off financially not only now, but heading into the future as well. Sometimes it's easy to say "well it's a good thing I didn't invest too much in that because now they're gone" - but that might be taking the easy way out and preventing you from learning from a missed opportunity. And if you want to make a living freelance writing online, you definitely need to learn from mistakes and learn to adapt and get better along the way.

So the first example: eHow. I wrote for eHow's now defunct writer's compensation program when I was just getting started with online writing, and it did very well for me. With around 150 articles I made about $160 to $190 a month every month, with the majority of that income coming from the last 30 articles I wrote. The reason was that when the original version of the 4HWW came out I listened to the audio book, did the 80/20 looking at which articles and topics were making money for me on eHow, and then my last 30 were only on those topics. All of them made at least a couple bucks a month, while some of my highest income articles came from this batch. In fact, I would say those last 30 averaged $4 a month each with some higher and some lower, as always.

This might not sound like much, but based on the subject matter that was doing good for me, I had a list of over 600 more topics which based on my research would probably have evened out to the same $4 an article per month rate. But I was also writing for Squidoo and for HubPages and for Associated Content and for my former employers and on Blogger blogs and building my own sites and pulling myself in a thousand other directions. Then the WCP closed.

Between when I had the article list and when the WCP closed was three to four months. In that time, I could have easily completed all 600 articles which not only would have led to several thousand a month in passive income for another year or two, but when Demand Studios decided to buy out articles, the buy out would have been worth virtually a year's salary as opposed to the almost one month's income my buyout was (I can't disclose actual amounts due to the confidentiality agreement). One month is nice...but imagine what I could do if I was holding a payment equivalent to 10 months or a full year? I could outsource for entire mega-sites, pay off a lot of outstanding debt, and work on anything I felt like for several months knowing all my bills were taken care of. Or I could even buy several aged sites already earning passive income and continue to build on them. The point is that instead of staying spread out, had I taken those three months to just "kill it" on the eHow articles not only would I have made far more passive income the past couple years, but I'd be setting myself up for an early retirement right now investing the severance payment.

That's one example where I should have really busted my back to completely finish off that list and to get up to a decent income as quickly as possible - then I could have spent a lot more time diversifying when I didn't have to worry about bills or anything else on a month by month basis. By delaying, I missed a golden opportunity which turned out to be two (when including the buy out).

Then there's HubPages. While my last blog post on Hubpages being finished might have been a touch premature...although I'm still not convinced it isn't...there was a time not so long ago when it took very little work to get your hubs to rank ridiculously high for any decently researched keyword. So what was my missed opportunity here?

Once again it was seeing the power they had, and not focusing enough energy on HubPages while they were extremely profitable. While the Panda slap would obviously still hammer me, there's still a good reason to see this as a missed opportunity. I was making about $350 a month from one HubPages account and $250 a month from another account. $600 a month isn't bad, but I was averaging only about 7-10 hubs a month with my attention split in multiple directions all at once. The $600 a month came from 200 hubs, but once again the majority of the income came from 50 hubs, many of which were some of my newest at that point. Had I focused first and foremost on hubs, there's no reason I couldn't have produced 100 a month for a few months. In three to six months, that would be near a full time income (on the low end).

While Panda would smack that number down like it did with the hubs I had, there's a very good reason I still should have put more work right into the HubPages when they were ranking so easily: because even at six months or one year earning a full time passive income I could spend all my time on diversifying, on building my own sites, or investing all my actual freelance writing income back into my own business. In other words, the gain I could have made in those months would have really pushed forward my business and my passive income even before the Panda smackdown.

Add in the new Hub Ad program, and the bounceback with 500 more hubs than I currently have and even now I would still be in better shape.

Don't get me wrong, I'm doing fine when it comes to building my residual income and my recovery from Panda is going great. In addition, I'm making more freelancing than ever which definitely makes things easier. But the point remains: I could already by at my goals, be sitting on a year's pay from a buy out, and still be a couple hundred a month more ahead right now had I taken advantage of those two online opportunities while they were there for me.

Now there is one extremely important point to make when talking about putting most of your energy into one source: I wouldn't just stop and rest on my laurels. I would take advantage of the situation to diversify AFTER getting my full time income, then with my freelance income I would invest in my business to diversify FURTHER. I'm just saying instead of spreading yourself too thin and spread out early on, get your money and your income and then with your renewed freedom and extra income you diversify.

The point is, when you're writing for multiple sites, or maybe you're setting up multiple sites for yourself, look for that opportunity. When it shows itself, don't be afraid to take advantage of it. Work your butt off, race to your monthly passive income goals as quickly as possible, and don't worry about diversifying until you get to your goals. While some people might find this controversial, the more you think about it, the more it makes sense. Diversifying is what you do to protect income, but until you have a major income to protect, what's the point?

Right now for me this means taking advantage of what The Keyword Academy has to offer, building my own sites while they are ranking the easiest compared to Web 2.0 properties, and jumping on the BMR train while it's still showing results. If there's one thing the past few years of online freelance writing has taught me, it's to take advantage of every opportunity!

Freelance Passive Writing Income: And a Vacation Update

Passive Writing Income Opens Up the World

Well this should be an enjoyable post. I've just finished my third week of travel/vacation out of four, and after a week enjoying North Carolina and then Tampa, Florida, this week is already up and kicking in Las Vegas. And we're not talking New Mexico here, people. While I've attempted to start this post several times in the past week, well vacation has been great and there is always a lot to see in the city, so the tenses of this post might not completely match, and I'm going to try and be a little bit less long winded than usual since I am on vacation and there's so much more to be out doing and seeing. But I figured it would be nice to get in one freelance writing blog post before Christmas.

This has been somewhat of a work vacation, as I've put in about four hours of work every Friday, but many days on vacation I haven't done any. And on some of the other days, I've only worked a couple hours a day, using free or rented Wi-Fi and a laptop to get online and type some articles, or use my Dragon Natural Speaking Software (this is an affiliate link, but I strongly recommend this software after a couple months of use and will be doing a more in depth review on it later) to really get some done quickly in a shorter time. So it might not be a 100% no work vacation, but I haven't worked more than 8 total hours any of the last four weeks, and the reason this is possible is not only because of a little bit of savings, but because of the way that passive income opens the door for this type of trip. In a limited way, so does freelance writing since it only takes a laptop and Wi-Fi, but then you have to work a lot more on each week of break than you otherwise would.

During these four weeks I've received over $300 from Google AdSense, $250 from Amazon's Affiliate program, $150 from my eHow articles, $90 from Yahoo! Contributors (formerly Associated Content), $13 from Suite101, $125 from Squidoo, $40 from eBay and $700 from other various sources of passive or semi-passive income. Taking a month long vacation is much easier when you're receiving $1,665 from work that you've already done while on vacation - and it definitely helps you to stretch out the savings. This is part of the reason I so adamantly believe that all freelancers should spend some time building up their passive income streams. The number of hours or days I "have to work" shrink dramatically when a flow of money is coming in from various resources. Even the number of days you can qualify as "I should work, but I don't really have to" also shrinks dramatically when enough money comes in to pay the bills.

This also makes traveling more enjoyable. What stopped me the most early on was that I spent way too much time reading and trying to learn everything there was to know instead of actually building blogs, writing articles, and building sites. And when I started Grizzly's famous make money online for beginners blog was available as an excellent resource, before Google and a few jerks (you know, the ones who try to ruin everything for everyone) hammered away until it was no more. Even if that blog was still available for all of you, it would be a bad idea to do too much research and not enough doing.

There are several reasons for this, not the least of which are:

• Online marketing and passive income changes constantly. While the basic cornerstones remain the same, there are constant changes in how pages are ranked, what links are most effective, and other tweaks to the best ways to rank pages and make passive income. Because of this, you can NEVER learn 100% of what there is to know before getting started.
• You can always learn while you are setting up money making pages. Not only is this smarter because you will learn the most by actually doing, but instead of sitting on the sidelines you will be beginning to make the articles, HubPages, and websites you need to build up your passive income.
• Age matters. The older a website or article, the more authority it has in the search engines and the easier it is to rank on top. So the sooner you get started, the sooner your pages will age and the more they will make for you.
• Did I mention that actually doing is the best way to learn this business and you can fill in the details while you're writing online?
• Passive income is partially a numbers game. The higher the numbers, the more winners you are going to have, the more money you will make, and the more likely you are to have a large number of articles or pages that you can tweak to turn into good earners once you learn more about passive income.
• Paralysis by Analysis is the most common thing that stops people from making it online
• And finally, almost everyone I know making passive income states that their one big regret was not jumping in and getting started sooner or waiting too long before starting, or something else along those lines.

One of the great things about writing for passive income online is that you get to correct your mistakes and improve your sites down the line. You don't have to ever be perfect, and certainly not up front.

Use that information to encourage yourself to get moving. You can always revise your HubPages later, move ads around on your blogs and websites, and write more articles that are better focused. You're not going to get hurt earning online passive income because your articles or pages aren't perfect when you're starting out. At least by having pages out there you have the ability to earn - someone with all the knowledge in the world and 0 sites is worth $0.00. A person with a badly put up site with no good keywords at least has an outside chance at something.

So this is one of those basic "motto" posts which can be summarized easily: get started and work consistently. If that means something as simple as only one HubPage and one InfoBarrel article a week and one Ezinearticle to both, then so be it, but put in the work. It's worth it, and you'll be glad you did down the line. And if you're ready to really invest in your business, then read this Keyword Academy Review to get a true sense of where the next step is for the true beginner.

Celebrating Writing Milestones!

I Am One Happy Freelance Writer

Sometimes you toil for months or even years (years especially if you tend to be stop-and-go like I am - always the sprinter, always had trouble with marathon running) wondering why you can't hit that huge freelance writing or passive income breakthrough that so many people have hit before you. Sometimes you see only slow snail-paced movements and you start wondering if you'll possibly have the energy to finish the race to your goals before becoming too exhausted to do anything but quit.

And then sometimes....and then sometimes...

Sometimes you hit that week that not only changes your perspective or your business, but it also changes your life. Based on the title, you want to take a guess on what the last few days in August have been like for me? :)

Well to copy I quote I came up with earlier this week: "The ceiling that marks the limits of what I can accomplish seems to be flying further and further away with every passing week." Wednesday I landed the largest writing contract I've ever had, and it's a beauty. In fact, it's probably going to push me into the next tax bracket. I call that a nice problem to have. The next day on Thursday I broke through a barrier I've been chasing since March 1st, over a full 5 months ago when I made $19.83 in one day with AdSense. I finally broke through that $20 in one day barrier, and so far in August my total passive income is destroying the 15% a month growth I've been aiming for (and almost averaging) this year.

Back on May 30th, so beginning of June for all intensive purposes, I wrote this blog post about passive income, encouraging people just starting out to keep with it, even though it's hard to see the work. One of my biggest points was that in the beginning it took 6 months for me to get to $40 in one month, but after two years my AdSense had single months where it grew that fast, or close to that much. I also stated that I expected to make the $100 jump from $200 a month to $300 month in about 4 to 5 months, less than half the time it took me to get from one hundred a month to two hundred. Well I hate to make an early call, with Murphy's Law and all, but barring Google dying or an atomic bomb disaster of a month, I can already call it: I'm going to blast past $300 this month, only 3 months from the time I was celebrating the $200 mark.

That's a snowball effect, and it's a beautiful thing when it's working for you instead of against you. Hopefully you'll all not only enjoy this day and these accomplishments with me, but take encouragement, as well. I'm not the most tech-savvy person, and in fact that's one area where my smarts don't help me a lot. It takes me a long time to figure out basic SEO stuff that came easy to other people. I'm not a natural at all at marketing myself or pitching to clients to get huge writing jobs. But I know my craft, and I'm stubborn as the most bull headed mule you'll ever meet. So I'll learn. Very slowly, and with many nights banging my head against the wall, but I will keep going to learn what I have to and accomplish my goals through sheer work if nothing else.

I'm sure there are many ways to get to where I am faster and with less pain than it took me...but the point is by being good at what I do, by working on my craft, and by hammering away I managed to get here. I'm going to make more this year than I ever have in a year despite a really ugly first few months, and next year might take me right out of the middle class bracket...which is pretty freaking cool. The passive income is growing and snowballing and giving me more freedom than ever, and getting me close to the point where I can start doing some serious outsourcing to ramp up the passive income projects even more.

If I can get here by pure force of will and stubbornness, what's stopping you?

It wasn't that long ago that I was unemployed with no prospects and no emergency funds, and it wasn't that many years ago when I was homeless for a while. If you really want the dream of a freelance writing or passive income, just keep fighting for it.

I can tell you from first hand experience these breakthrough moments are absolute bliss, and even better than you imagine.

Thanks for sharing this moment with me, now go and make one of your own!

How I Turn Demand Studios Rejections Into Passive Cash

Rejected Demand Studios Articles Can Make a Mint if You Know What You're Doing

One of the most important aspects of creating a successful freelance writing career is knowing how to get the most out of your articles, and knowing how to ride through the rough spots. I've made no secret of the fact that I'm a fan of writing for Demand Studios as a way of supplementing a writing income, especially for beginners, part-timers, or college students. Even if you're not particularly skilled at typing or researching, you should be able to write at least one article an hour, which translates to $15 an hour at a minimum. If you're very good at quick research, typing, and writing to format, there's no reason you can't make a lot more. When I'm really distracted I make about $22.50 an hour. When I'm not distracted, I make $30-$40 an hour. If you're other option is unemployment, or if you're a college student saving up an emergency fund, that's not bad scratch.

But I'm not a sunshine pumper, either. I try to be as honest as I can about what a freelance writing career is like, and to give the pros and cons of various freelance writing resources that are available online. Because of that, I'll also fully admit that Demand Studios can be a complete and total pain in the ass. And by "can be" I mean "eventually will be." You can count on that just like death and taxes.

Normally revision requests from the copy editors are reasonable, and early on it's a little bit more of a headache as you learn the guidelines and nuances of each form. But sometimes there are just completely off the wall or unreasonable requests from the CE that make it abundantly clear that the article is no longer worth your time. For me, this falls into the 8%-11% range, depending on the month. That includes articles rejected after revision (>1% in my case) or articles where I abandon the rewrite because it's either impossible or not worth my time (7% all time, about 12% in recent months).

To give you an idea of what my overall stats for Demand Studios are:

Approved No Rewrites: 74%
Approved Rewrites: 18%
Abandoned Rewrites: 7%
Rejected Articles: 1%

And that's from over 700, almost 800, articles so it's a pretty solid base of comparison. So the question comes up, what do I do with the abandoned rewrites? I hate wasting time and research, and 65 articles adds up to quite a bit of writing and research that I'm not getting paid for. Rejected articles the text stays there for you to copy, but abandoned rewrites disappear, so make sure to copy and paste your text into a notepad or word file so you don't lose it. There are a few strategies you can use when dealing with an abandoned rewrite or rejected article:

1. Throw a hissy fit, refuse to work anymore, and not make any money (not recommended).
2. Just move on with life and forget about it (fully acceptable, but still wastes that time and effort you made on those articles)
3. Use Demand Studios' keyword research on the article and take your information to your own blog, InfoBarel, Xomba, Squidoo lens, or HubPage. (CHA-CHING!)

The ONLY obligation you have as a writer based on the Demand Studios contract is to NOT use the EXACT title of the article. That's it. All that information and research belongs to you, so if you want the most out of your article rejections at Demand Studios, look at it as a chance to build up your passive income.

We can sit here and argue about how effective Demand Studios really is in finding profitable markets and doing keyword research and all that jazz, but the point is that DS is willing to pay $15 or more for these articles because they believe there is money to be made. So if they're not willing to pay you for your work, then you mine as well profit from it yourself!

Some recent examples for me:

Speargun Regulations becomes Speargun Fishing Regulations
Russian Restaurants Near Worchester, MA becomes Worchester MA Russian Restaurants
Flathead Catfish Fishing Tips becomes Flathead Catfish Tips or Tips for Flathead Catfish Fishing or Fishing Tips for Flathead Catfish

See the difference? This is all legal based on the agreement - just change the title of your article or HubPage to use the same keyword but a different order. Then you can expand on your article without having to worry about all the really annoying restrictions that DS puts on the articles and how sources have to be cited, and you can use that blog of the guy who has been a professional fill-in-the-blank for 20+ years as a source that you couldn't use for DS because it's a blog, and therefore unreliable as a source.

So write for Demand Studios, and make a lot of money doing it, but when a rejection comes along or you think a rewrite request just (for whatever reason, and there are many) just doesn't work, go over to HubPages, open an account if you don't already have one, and put your articles up there. Throw on some Amazon and eBay modules that can earn you affiliate commissions, add your AdSense code, and enjoy the extra passive income you can earn from all of these sources. If you don't want to put up a whole HubPage around a subject, consider editing the text to make a good InfoBarrel or Xomba article. Each of these still gives you the opportunity to make some AdSense income from your work, which is far better than just throwing that time away.

Personally, I make a HubPage out of most of these articles, as I find the topics are ones that a HubPage can rank well for, especially when I double the text, add some links, and set up a good hub around the topic. In fact, it's almost a guarantee that you will outrank whatever article they eventually approve on the topic, even if you do an absolute minimum of backlink and SEO work. This is why I don't let unreasonable rewrite requests from Demand Studios get me down anymore. If I receive one (especially when it's obvious I know 100x more on the topic than the CE calling me out), I simply go to HubPages, create a new hub, and then gather some basic backlinks later on when I'm working on building my passive income.

Some of those hubs have made a little bit of income for me, several have made nothing. And one or two have done very well and consistently bring in per month about the same amount that DS offered me upfront for those articles. Just like with any online venture, some work really well while others bomb completely. But at least this way my words don't disappear into oblivion and all that work goes unpaid. It's making the most out of a given situation, and even better in my case it means that 10% of my freelance writing time ends up becoming passive income work that will keep working for me long after the initial pages are up.

So for those of you writing for Demand Studios because you need the money, and who are frustrated by the rejections or the rewrite requests that are too ludicrous or time consuming to even consider, then build up your passive income. If you haven't been building any passive income before now (bad writer - hit yourself on the head with a newspaper), this is the perfect time to open an account on HubPages, get approved for Amazon affiliate, eBay affiliate, and Google AdSense, and start building passive income. Even if this wasn't your original intention, if you write 50 DS articles a week and abandon even 5% of the articles (way less than I abandon, btw, and I make what amounts to a full time living from DS) then after 50 weeks of writing over the year you would have 150 HubPages earning passive income for you. It doesn't take long for just a little bit of backlink work to turn that into an avalanche of passive income.

So that's my advice for you guys today. It's a great way to write for Demand Studios for freelance writing income now, for building passive income for the future, and to set yourself up in a way that the occasional rejection or really unreasonable rewrite request won't get you down - but can actually end up exciting you as it gives you yet another 300+ word head start on your next passive income page.

So keep writing, guys, and as always I look forward to hearing from you! Keep following the dream.