How I made $100,000 on Elance

I recently passed a significant milestone in my career as a freelance writer on Elance: I have surpassed $100,000 in lifetime income on Elance.

This all started with a single $200 project that I won back in February 2009. A business consultant in Australia hired me to help him write some training materials, and the rest is history. On that day, I never would have guessed how thoroughly my life would change as a result of getting signed up on Elance.

I originally started out as a part-time freelance writer just to earn some extra money and have some fun with some more interesting side projects outside of my day job. Soon I was working nights and weekends, loving the work and loving the extra income. There were frustrations and stresses and hassles along the way, but I maintained my determination to keep bidding on Elance jobs and finding new clients and building up my reputation.

By July 2010, I had quit my corporate job and started my new life as a full-time freelance writer. I’ve been doing this now for almost 1.5 years and I sometimes still can’t believe it’s real. I love working from home. I love spending ridiculous amounts of time with my family. I get to eat lunch with my kids every day (I used to eat lots of miserable, lonely lunches in my cubicle – no more!) and I get to feel sunlight on my face every day, and I get to work with interesting people from all over the U.S. and all over the world.

If you’re stuck in a job that you hate…maybe you should start working as a freelancer on Elance. Start small. Start now. You never know where it might lead. That first Elance project could turn into $100,000 of income.

The Agony and Ecstasy of Elance

Bidding on Elance jobs is an emotional roller coaster.

Depression

Some days, the jobs on Elance are just plain depressing. Like the ones that say, “We need someone to write 1,000 articles for our Web site – and in exchange for these articles, we will pay you TWELVE American dollars!” There are always people posting projects who pay pitiful wages, people with dubious-sounding businesses (“I need someone to help me write an e-Book on how to get rich in real estate speculation!”) and other assorted hucksters, fraudsters, and con artists. (Most people who post jobs on Elance aren’t like that, but on the bad days, it seems that way.)

Fear

What if I don’t get any of these jobs that I’m bidding on? What if I do get the job, but the client turns out to be crazy, unethical, or otherwise unreasonable in some way?  What if I never get another freelance job again, and we lose our house and our health insurance and have to move in with my parents?

Resentment

I bid on a job, I feel like I’m a good fit, and then the award goes to someone else who bid lower, or who seems less qualified. (“I’m an Elance Premier Provider, for cryin’ out loud – that job was rightfully mine!”) Oh well. There are always other fish in the sea.

Abandonment

I bid on a job, the client writes back, seems interested, sounds enthusiastic…and then I never hear from the client again. The abandoned job bids pile up in a ghostly queue. What happens to these jobs? The project never gets assigned, maybe the client loses interest, decides they don’t really need the work done or don’t want to hire someone after all? Who knows. I send follow-up e-mails for weeks, and never get a response.

And then, finally…

Success!

I win a project. I get one of those great e-mails saying “Congratulations, your proposal was chosen..” All the discouragement and dead ends are quickly forgotten, and I’m “in” again. Those are the times when I love this business.