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Don’t Set Impossible Income Goals

To achieve success as a freelance writer, or any other career for that matter, you need to set goals. I believe strongly that the proper income goals can go a long way in helping you better your freelance writing career. But of course, you need to know that setting goals based around your income is a delicate matter. In other words, this is not something you should do without thinking long and hard while also considering what is reasonable.

Every so often a member of my freelance writing course will send me updates on their income goals. Not only do they tell me how much they are earning, but they also lend information on their goals and what they are doing to reach them. While some are on target and have not set their sights too high, others are off base and setup for failure.

When it comes to setting freelance writing income goals you need to remember one thing: be reasonable. Yes, you want to reach for the stars so you can earn a solid income and live a good life. But you don’t want to set unrealistic goals that you have no chance of achieving. If you do this you will be setting yourself up for failure, and in turn not giving yourself the chance to become a successful freelance writer.

Your income goals should be based on two factors: 1. what you need to survive. 2. What you think you can achieve at this point in your career. Your income goals can and will change over time. When I started as a freelance writer my first goal was to earn $2k per month. This was not a huge amount of money, but it was enough to pay my bills and to get me on the right path. By my third month I passed this goal, and now have my eyes set on a higher bar. There is nothing wrong with setting small, reasonable, and attainable goals to start. Soon enough you can begin to climb the income ladder as you make more contacts, and realize what it takes to succeed on a higher level.

While it is important to set income goals, you don’t want them to be impossible to reach in a reasonable amount of time.

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4 Comments »Freelance WritingJanuary 27th, 2009

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