Coaching Series: Can Zach take this entry-level freelancer (Maia) to a 6-figure income ($8,333/month) in 6 months?
Follow their journey through the ups and downs and watch them grow!
Milestones from today’s episode:
- Launch of a free workshop with 48 participants
- Rate increase to nearly $3,000 per project
- Hiring an additional designer to delegate and augment project work
Coaching highlights from today’s episode:
- Potential revenue generation from creator content
- Set a goal to increase client work by 50%
- Which software to use for a simple and streamlined operation
Original coaching call recording date: 08/18/2023
The DYF Accelerator Community includes weekly live 20-minute one-on-one Zoom coaching with Zach that follows the same format you saw here.
You’ll also have access to our huge library of all past coaching calls, as well as a text-based community and weekly accountability check-ins.
Click here to find out more “
- 12:00 a.m. – 2:00 p.m. — Zach presents the “Six Months to Six Figures” series and Maia, the Coached Freelancer.
- 2:00 p.m. – 4:00 p.m. — Zach describes the format of the series and invites listeners to join the DUI accelerator community for similar coaching.
- 4:00 – 6:00 p.m. — Maia discusses her progress with time tracking and delegation, identifying her roles and tasks in her studio.
- 6:00 – 8:00 — Zach asks about Maia’s agency revenue and next steps, suggesting whether to raise rates or delegate more.
- 8:00 – 10:00 — Maia expresses the need for better admin systems and tools, while Zach recommends simpler solutions given his current volume of clients.
- 10:00 – 12:00 — Maia reviews her time spent on various tasks, focusing on design work as her main activity.
- 12:00 – 2:00 — Zach and Maia discuss his new hire, Anna, and the impact on Maia’s workload and business processes.
- 2:00 – 4:00 p.m. — Maia explains how Anna’s job has significantly reduced her design hours and discusses their payment and mentoring arrangements.
- 4:00 – 6:00 p.m. — Zach asks about the financial aspects and time spent on a specific project Maia and Anna worked on, with the goal of understanding the profit margin.
- 6:00 p.m. – 8:00 p.m. — Maia expresses her strategy for motivating and retaining her team, notably highlighting the benefits offered to Anna, while Zach comments on the remuneration rate of young designers in Berlin.
- 8:00 – 10:00 p.m. — Zach suggests using Harvest for invoicing; Maia describes the stages of her project and reviews recent project completions.
- 10:00 p.m. – 12:00 p.m. — Maia details the effectiveness of her project and the impact of her new designer.
- 24:00 – 26:00 — Discussion on the cost-benefit of hiring a designer, with Zach calculating Maia’s effective hourly rate.
- 26:00 – 28:00 — Zach is excited about Maia’s pricing structure and suggests focusing on increasing project volume.
- 28:00 – 30:00 — Maia is positive about her service offerings and discusses potential adjustments due to her team expanding.
- 30:00 – 32:00 — Maia describes her effective branding process and Zach discusses the potential to increase the volume of his project without overloading his schedule.
- 32:00 – 34:00 — Zach calculates the potential monthly income Maia could earn by handling more projects and suggests focusing on increasing client flow.
- 34:00 – 36:00 — Maia expresses confidence in her team’s support and discusses the importance of using her email list effectively for marketing. Zach advises on strategic delegation and reinvestment in the business.