I Used My Freelancing Income to Fund My Blogging Business
I used my freelancing income to fund my Blogging business.
In yesterday’s post, I discussed finding six clients for my tech content writing service in four months. As you know, I was freelancing to make an active income so I could invest it in my business. So, in today’s post, I will write about how I utilized whatever I earned from freelancing.
To explain this, I will take you back to my initial journey. When I started my career as a Tech YouTuber back in 2017, I was also writing articles on the Blog TechnicalRatnesh.Com all alone. After doing it for one year, I realized this was not a one-person game. I will need to have a team.
So when I started TechYorker in October 2018, I had a team since day 1. After that day, I never worked alone. I always had a team of writers.
When I had just one project TechYorker, my team size was maxed at 7 in 2021. Later when I acquired and added new projects to the business, there was a need for more team members.
So in February 2023, I started reaching out to the writers in our community. The two platforms which worked out for me are Twitter and LinkedIn. Initially, Twitter worked out for me, but later I found LinkedIn to be the best place for it.
In the next couple of months, I reached out to most people within the tech media industry. Most of them agreed to help me grow the business. By July 2022, I had built a strong team of 20+ freelance writers and editors.
More team members mean the requirement of more funds to pay everyone on time. Although I expanded the team, the revenues were a little short of paying the team members on time. And that’s why I started working as a freelancer, so combining the income, I could pay everyone on time.
Every month, I got my freelancing income, added it to business revenue, and paid to the team. This is how it worked out, and no payment was delayed.
I was very sure that the issue was for only the next few months and that all the work we were putting into the business would help us stabilize by the end of the year. Those six months were challenging, but things started to work out as expected.
We are in February 2023, and our three projects have grown tremendously in the last six months. Combining all of them, the traffic is around 300k visits. We are still publishing 100-150 high-quality articles every month.
I am very hopeful by the end of this year; the traffic will reach more than 1 Million. Let’s see how it goes. I will update the progress here and on my YouTube channel.
My primary purpose behind writing this post was to let all of you know that freelancing is an excellent way of making an instant income.
If you are doing a Blogging business and running out of funds, there is nothing wrong with taking some time out and doing freelance work to make an income. You can use that to fund your business, build a strong team and grow it.
That’s it for this post. Thanks for reading this one.
Have a great day ahead!