Many freelancers undervalue their skills and often remain at the same pay rate for years, despite their growth. To overcome undercharging, it's essential to adopt strategies such as giving oneself regular pay raises, specializing in niche skills, and tracking professional development. Regular self-review can help freelancers recognize their achievements and market value, enabling them to negotiate better pay. Specializing in high-demand skills can also lead to higher compensation, allowing freelancers to break free from the cycle of underpayment and truly reflect their worth in the marketplace.
when you’re freelancing, it’s easy to get caught up in being busy... The problem is, you lose track of time, achievements and small wins.
Your rates should evolve as your business and skills grow; your pricing should never remain stagnant. Many freelancers remain stuck in a vicious cycle of getting paid peanuts.
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