Coaching series: Can Zach get this beginner freelancer (Maia) to a 6-figure income ($8,333/mo) within 6 months?

Follow their journey through the ups and downs and watch them grow!

Milestones from today’s episode:

• Launched a free workshop with 48 attendees
• Increased rates to nearly $3K per project
• Hired additional designer to delegate and increase project work

Coaching highlights from today’s episode:

• Potential revenue generation from creator content
• Setting goal to increase client work by 50%
• Which software to use for a simple, streamlined operation

Original coaching call recording date: 08/18/2023

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AI-Generated Summary:

• 0:00 – 2:00 — Zach introduces the “Six Months to Six Figures” series and Maia, the freelancer being coached.
• 2:00 – 4:00 — Zach describes the format of the series and invites listeners to join the DUI accelerator community for similar coaching.
• 4:00 – 6:00 — Maia discusses her progress in time tracking and delegation, identifying her roles and duties in her studio.
• 6:00 – 8:00 — Zach inquires 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 considering her current client volume.
• 10:00 – 12:00 — Maia reviews her time spent on various tasks, focusing on design work as her primary activity.
• 12:00 – 14:00 — Zach and Maia discuss her new hire, Anna, and the impact on Maia’s workload and business processes.
• 14:00 – 16:00 — Maia explains how Anna’s work has significantly reduced her design hours and discusses their payment and mentorship arrangement.
• 16:00 – 18:00 — Zach inquires about the financials and time commitment of a specific project Maia and Anna worked on, aiming to understand the profit margin.
• 18:00 – 20:00 — Maia expresses her strategy to motivate and retain her team, especially highlighting the benefits provided to Anna, while Zach comments on the pay rate for junior designers in Berlin.
• 20:00 – 22:00 — Zach suggests using Harvest for invoicing; Maia outlines her project stages and reviews recent project completions.
• 22:00 – 24:00 — Maia details the efficiency of her project completion 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 rate structure and suggests focusing on increasing project volume.
• 28:00 – 30:00 — Maia feels positive about her service offerings and discusses potential adjustments due to her team expansion.
• 30:00 – 32:00 — Maia describes her efficient branding process and Zach discusses the potential of increasing her project volume without overburdening her 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 effectively utilizing her email list for marketing. Zach advises on strategic delegation and reinvestment in the business.