Why My Writing Isn’t Worth $1 Per Word

 

There’s a little anecdote that gets passed around a lot in freelanceville and I think some of us are reading it the wrong way. (I love y’all, but creatives seem to have the hardest time here.) It has a lot of variations, but the freelance version goes something like this…

After 40 years working at the same company, an engineer retired. Just weeks after the retirement party, one of the most critical machines broke down, so a former manager scrambled to bring the engineer back in as a freelance consultant to fix the problem.

The engineer gladly came in, examined the machine, made a mark with a piece of chalk, picked up a hammer, and struck it. Immediately, it began whirring again as if nothing had happened. The manager beamed and the engineer headed home, saying they would send over an invoice shortly.

Later that afternoon the manager called, irate — “$5,000??? Are you serious? I’m not paying that until you send me an itemized invoice.” Ten minutes later a new invoice came in that read

Hitting the machine with a hammer: $1

Know where to place the X: $4,999

I’m here to tell you that the way it’s being tossed around in some freelance circles is completely contradictory to its original lesson on value provided (not inherent experience) and I’m going to prove to you why with a quick mental exercise.

I want you to imagine that same conversation, but with the engineer fixing a water cooler.  Do you think they’d actually get that invoice paid? If they did, do you think they’d get called back when it broke down again? I don’t. The manager would just go buy another water cooler for a few hundred dollars.

It’s a clever little device…framing the story around a service (repairing a machine that a company desperately needs) that’s inherently high value and then adding the twist of the experience that a retired engineer would have — and that, my freelance friend, is where the confusion lies.

You’ve probably seen this story used in support of why freelancers or honestly anyone performing a service, pays for our experience. They don’t though. Nobody does. Not for accountants and not even for amazingly skilled artists.

For every artist making great money with decades of experience, there are countless others with more experience making less, and some with less experience making more. Anyone who understands how racism works shouldn’t be caught off guard by this dynamic.

That might feel wrong, but I’m talking from experience here myself.

See, one of the big things I brag about on my LinkedIn profile, warm prospecting emails, and even social media is that I have over 15 years’ experience in my niche. That’s because it works. People are much more willing to work with me (and pay what I charge) because of that experience…but just because someone is considering something when they’re making a buying decision, doesn’t mean that’s why they’re making the decision itself.

 

In my case, they aren’t paying me $1000/page for a case study because I have 15 years’ experience. They pay those rates because that experience translates into things like

  • Less of their valuable time spent explaining what they do to a writer
  • Increased insight into the concepts they want reflected and an improved final product
  • Familiarity with their industry trends and the competitive landscape which translate to recommendations that improve the effectiveness of anything I write

If I could do those things with two years’ experience (I couldn’t, because that level of understanding requires time invested) they’d be willing to pay the same rates. But again, they’re not paying for the experience itself. They’re paying for the results that a certain type of specialized experience brings along for the ride.

 

I’m Not Worth $1/Word

This is where the whole value thing comes in.

I’m rolling up on 10 years involvement in a martial arts community that has a VERY high drop out rate. I’ve been blogging about my personal journey almost the entire time, and you know what? I probably couldn’t get more than $25 for a blog on my experiences. I’m fine with that.

That’s because when it comes to my personal story? Honestly…nobody cares. At least not enough to pay. And trust…my blog was pretty popular when I was maintaining it with a couple of pieces going viral and steadily increasing traffic. People really liked it. They said it was refreshing and inspiring. They sent me long messages about how it gave them courage to train themselves. None of that though, cleanly translates to value people are willing to pay for.

If I’m being really real here…the same is probably true for my freelance story. Would somebody pay $1 per word to hear about my layoff and how I decided to go all in as a freelancer? Probably not. Would they pay $1 per word for a blog on tips for new freelancers that will help them sell more signups for their $500 course on getting B2B clients? Probably.

…and that is why that engineering story irritates me.

It perpetuates a distorted view of freelancing, like we’re on some kind of salary structure where our rates creep up for time served alone. That’s not how this works. That’s not how any of this works.

Our job is to provide value and results, even more than employees (who get to slide on that quite a bit in exchange for freedom and flexibility in how their work gets done.)

If that sounds scary, I have good news. Providing a valuable service is about the closest thing to job security you’re going to find these days — that’s whether you’re freelance or employed. So take a deep breath and settle down with this post as the first step in shaping a freelance business that works.

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Why My Writing Isn’t Worth $1 Per Word