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I turned over ~$80k in my first year freelancing. This year will be substantially higher. Battling against imposter syndrome and finding out how much your wort

I turned over ~$80k in my first year freelancing. This year will be substantially higher. Battling against imposter syndrome and finding out how much your worth to a company/business is one of the hardest things about freelancing. I still today believe I'm undercharging for my skill set. Especially when I compare my ability/experience to those I'm working with who are earning a similar amount of money. At the same time, money really isn't everything. I've worked many more days this year than I did the last, and that's come with certain sacrifices. No longer going for Monday afternoon walks with my sister and niece is something that I really miss now. The trick is, as far as I'm concerned, not to compare what you're earning to others, and be happy with your own work/life/financial balance.

csallen 13y ago
"Someone will always be getting richer faster than you. This is not a tragedy." --Charlie Munger
- csomar 13y ago
  I don't think he's complaining about someone getting richer faster. He's complaining about someone who has less skills and getting paid more.
  - Alan01252 13y ago
    Complaining is the wrong word. I'm aware more than ever now that what I earn is entirely in my hands and my ability to sell myself. Having the confidence in you're own ability in order to sell yourself for more money is what I was talking about. If others are earning more than me with an ability I deem to be less than mine, then I need to learn the skill they are better than me at. Being able to sell themselves.
jonahx 13y ago
What is imposter syndrome?
- DanBC 13y ago
  "I'm not good enough to be doing this; other people doing this know what they're doing whereas I'm just winging it; I'm going to be found out as a fraud soon".
  - mistercow 13y ago
    Also: "I can't charge more than this because the people who make more than this are obviously more competent."
fnordfnordfnord 13y ago
>At the same time, money really isn't everything. What about your time? When I was 'freelancing' I couldn't resist piling on hours. I might have stuck with it longer if I could've resisted that temptation (to work all of the time). Raise you rates and cull some of that work. I know, it's easier to say than do.

csallen 13y ago

"Someone will always be getting richer faster than you. This is not a tragedy." --Charlie Munger

csomar 13y ago
I don't think he's complaining about someone getting richer faster. He's complaining about someone who has less skills and getting paid more.
- Alan01252 13y ago
  Complaining is the wrong word. I'm aware more than ever now that what I earn is entirely in my hands and my ability to sell myself. Having the confidence in you're own ability in order to sell yourself for more money is what I was talking about. If others are earning more than me with an ability I deem to be less than mine, then I need to learn the skill they are better than me at. Being able to sell themselves.

jonahx 13y ago

What is imposter syndrome?

DanBC 13y ago
"I'm not good enough to be doing this; other people doing this know what they're doing whereas I'm just winging it; I'm going to be found out as a fraud soon".
- mistercow 13y ago
  Also: "I can't charge more than this because the people who make more than this are obviously more competent."

fnordfnordfnord 13y ago

>At the same time, money really isn't everything. What about your time? When I was 'freelancing' I couldn't resist piling on hours. I might have stuck with it longer if I could've resisted that temptation (to work all of the time). Raise you rates and cull some of that work. I know, it's easier to say than do.