Activation key office 2020 professional crack internet

Living Expenses: $4.5K a month, $55K a year

• We have paid off our mortgage and don’t carry debt.
• We don't have kids, which significantly reduces our expenses.

* We do have “emergency” savings to cover six months of expenses.

Disposable Income: $3.3K a month, 39K a year

• We spend 20% - 30% of this on charitable donations, larger projects, and fun stuff.

* 70% - 80% of this disposable income is invested over the medium to long term, mainly in retirement accounts. Only 15 years away from retirement and need to build those funds up!

2019 Revenue by Major Clients

• Currency exchange business: $30K
• Marketing agency for business formation: $26K
• Fiverr Pro freelance platform: $19K
• Marketing agency for cybersecurity and other clients: $14K
• Marketing agency for SaaS: $12K
• Supply chain business: $10K

* Ecommerce marketplace: $8K

Lessons learned

• Diversification - Diversify among niches and clients as much as is reasonably possible. Don’t rely on one particular client for the majority of your income. Needless to say, the currency exchange business that was my biggest client in 2019 has not used me at all since March 2020, due to COVID. I definitely recommend multiple revenue streams for any freelancer, so you can protect your income.
  
• Independence - The only freelance platform that we use is Fiverr Pro which we were invited to join. Fiverr Pro is for professionally priced freelance services, so we can charge as much on there as we do for off-platform work. We haven’t used other freelance platforms like Upwork or Freelancer.
  
• Specialization - A narrow focus on specific niches and topics was key to success. On the proofreading / copy editing side, that means non-fiction, medical, and training. On the writing side, that means tech, business, and finance. Specializing means you can often charge more, and helps you get work in the first place.
  
• Confidence - If you’re good at what you do, have the confidence to ask for higher rates. My B2B clients are happy to pay my rates for the level of service they get. The ideal position to be in as a freelancer is that you set the rates, not the clients.
  
• Pricing - We always price by the project or per word - That works much better for our clients than hourly pricing. Additionally, if you can work fast and maintain quality, that often results in higher per hour fees. For example, if you can write a 1,500 word blog post for $200 in 90 minutes, that's an hourly fee of $125. Additionally, I started writing at 10c a word and slowly increased the rate every year, until the c. 35c a word I am on now. That feels like a sweet spot for my current level of expertise, and works for clients.
  
• Automation and efficiency - Automation is really important. Less time spent on admin means more time that's chargeable to clients. Key efficiencies for us include IFTTT for scanning job boards and emailing leads, Zapier for transferring information between online services, FreeAgent for accounting, invoicing, expenses, payroll etc, TickTIck for project and task management, and Google Docs for working with clients.
  
• Finances - It's really, really important to stay on top of finances, so you can see where you're making money, your key expenses, your financial outlook etc. We also have around six months of household expenses as an "emergency budget" which definitely helps our peace-of-mind!
  
• Professionalism - This is vital. Presenting yourself as a professional businessperson, with confidence and poise is vital. In other words, it's not just about the work itself, it's about everything around that. Good communications, suggestions to the client, getting contracts in place, always meeting deadlines, following up - It all makes a difference.
  
• Clients - Do everything you can to find regular clients. One of the biggest time sucks for a freelancer is seeking out new leads and applying to them. If you can get clients who use you on a regular basis, that's good for your bank balance, and for reducing time you spend looking for new gigs. For me, the revelation was marketing agencies, who find clients for you!
  
• Finding leads: Find a lead generation tool that works for you. Much of my lead generation came to applying for very specialist jobs through job boards that I was highly qualified for. In 2020, I completely rebuilt my website and portfolio to concentrate solely on inbound leads, and get between 3 and 5 serious inquiries a month.
  
• Work and life balance - Through all of this, it's important to keep a good work and life balance, especially in times of COVID!
  
• Puppies - Pets are a wonder for freelancers. Perfect for the breaks you take, the love you share, and the need to get out and take them for walks (at least for dogs and wombats.) They're great for mental and physical health.