🔥 About Your Fees

If you're still charging clients like this... well... it's time to change. We need to talk about your fees. The reality is: you're leaving a lot of money on the table. Money your clients would be happy to pay you...but you're not asking. If you're still not [charging clients like this]( it's time to change. And sure, you don't want to take advantage of your clients. But what most freelancers don't know is that most of their clients are willing to pay MORE for the value you deliver. Trust me. There's [money on the table for you](. More in the email below. Enjoy! 🔥 In today's newsletter: - How I went from project-based work to $8,500+ in monthly recurring revenue [[LINK]( - 4 Ways to Scale Your Recurring Income w/ Retainer Fees [[LINK]( - How to Ask for Payment Without Being Rude [[LINK]( Enjoy! Preston & the Millo Team From Project-Based to $8.5K+ Monthly Recurring Revenue Ever felt stuck in the project-to-project grind? I did too. Then I made a bold move: transitioning from web designer to freelance marketing director. It wasn't just about changing my title. I updated all my online profiles, crafted a compelling pitch, and started believing in my new role. The results? Four retainer clients within two months and $8,500 in monthly recurring revenue. No more endless sales calls or proposal writing – just focused work helping select clients grow their businesses. The key takeaway? Evolving your freelance career isn't as hard as you might think. It just takes guts to reposition yourself. Start by updating your marketing materials, and watch as people catch on. Remember, the transition might feel odd at first, but stick with it. Before you know it, you'll be enjoying more stable income and fulfilling work. Want to make a similar leap in your freelance business? [Check out the full article]( for more insights on overcoming self-doubt and successfully repositioning your services. 4 Ways to Scale Your Recurring Income w/ Retainer Fees Tired of the feast-or-famine cycle in your freelance business? Retainer fees might be your ticket to predictable income. In essence, a retainer is an agreement where clients pay you an upfront fee for your services. There are four main types: - pay-for-work - pay-for-access - contingency - and hybrid retainers. Each has its own perks and best use cases. The benefits? Steady income, trusted clients, and long-lasting relationships. But it's not all smooth sailing – you might face tighter deadlines and potential dependency on fewer clients. Is a retainer right for you? If you've got solid time management skills and don't mind trading some freedom for steady revenue, it could be a perfect fit. Before you jump in, though, consider your work style and client relationships. The right retainer model can transform your freelance business, providing stability without sacrificing the independence you love. Curious about how retainers could work for you? [Dive into the full article]( for a deeper look at each type and tips on implementing them in your business. How to Ask for Payment Without Being Rude Let's face it: chasing payments is no fun. But it doesn't have to be a nightmare either. The key is to be professional, direct, and – believe it or not – kind. Start by confirming that your invoice was actually delivered. Then, send a friendly but clear payment request. If the due date passes, follow up with polite reminders via email or phone. Worried about striking the right tone? We've got handy email and phone scripts for various scenarios, from gentle reminders to firm requests for overdue payments. Remember, the goal is to get paid while maintaining a good relationship with your client. Want to avoid payment headaches altogether? Consider implementing some preventive measures. Thoroughly research potential clients, create solid contracts, offer flexible payment options, and maybe even introduce late payment penalties. These steps can save you a lot of stress down the line. Ready to become a pro at getting paid on time? [Check out the full article]( for detailed email templates and more actionable advice on managing your freelance finances. Whew! If you made it this far—thanks for sticking with us. See you in next week’s issue of 🔥 Freelance Fire. [Twitter]( [Facebook]( [Website]( [YouTube]( [LinkedIn]( Copyright © 2024 Millo, All rights reserved. You subscribed to this newsletter at Millo.co (previously GraphicDesignBlender.com). Thanks for subscribing. Our mailing address is: Millo 265 N Main Street Ste. D #229Kaysville, UT 84037 [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.