Freelance Boot Camps FencerThe New Year is just around the corner, and by now you’ve probably read plenty of articles about setting your resolutions for 2019. I’m a big believer in creating goals that are SMART – specific, measurable, attainable, realistic and timely. The key is specificity. You can’t just decide to lose weight next year. You have to set your sights on precisely how much weight you will drop. This makes it much easier to put a plan in place to shed those unwanted pounds.

The same goes for your business goals. They must be specific. Each year, I usually decide on a half dozen things I want to achieve with my freelance writing in the coming 12 months. They vary from year to year but typically include objectives for landing a certain number of new clients, expanding into a new market, and speaking at business events.

In 2019, for example, I plan to sign two new retainer clients from very specific sectors of my primary niche market. And achieving this goal is already well under way; I submitted proposals in December to two companies fitting the criteria I selected.

One resolution I set each and every year, however, relates to money. Specifically, I calculate an ambitious, yet realistic, revenue target for my business over the next 12 months. I recommend you do the same, even if you’re just getting started in freelancing. And here’s a great tip to make achieving your income objective that much easier – Divide your goal into monthly and weekly targets that are less daunting to achieve and simpler to track.

Let’s say you want to earn $50,000 in 2019. That’s a big number you might find intimidating until you break it down into chunks. $50K is about $4,000 per month or $1,000 per week. A thousand dollars is a lot less intimidating than $50K, and it’s not nearly as overwhelming to figure out how to make the weekly amount than the entire annual total.

What are your business resolutions for next year?

Want to know more about how I set the New Year’s Resolutions for my freelance writing business? Check out the podcast I recorded about a year ago on this topic. Click here.

Let me wish you and your freelance writing business a successful 2019!

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