Happy Friday! Tech companies continue to report earnings this week, giving us a fresh look at how the industry is holding up in the face of inflation, rising interest rates, and decreasing consumer spending. Spoiler alert: so far, not so good.
Mentioned in this edition: Meta, TikTok, Apple, Shopify, Twitter, and Elon Musk. Plus 11 ways to land more clients on Upwork in 2022, how to finish every week on a high note, and controversial advice for anyone running a VSL funnel.
Read time: 3 minutes and 58 seconds
Together with AdSkills
When They Find Out Youâre AdSkills Certified
Most certifications arenât worth the paper theyâre printed on. But not AdSkills. Their Matchmaker program generates high-quality inbound leads for media buyers of all experience levels. It doesnât matter whether youâre brand new or a seasoned vet. Once you graduate, youâll have the chance to apply for real gigs with legit clients whoâve specifically requested an AdSkills media buyer.
As an AdSkills member, not only will you learn how to launch & scale paid ad campaigns, but youâll also get the stamp of approval that 9-figure companies like ClickFunnels, DigitalMarketer, and VShred look for when hiring freelancers. So if youâre looking for a new high-income skill to add to your freelance toolkit, click here to try a free class today.
Making the Rounds
- Meta shares plummet after bad quarterly report. When it rains, it pours. Between competition from TikTok, pressure from Apple, slowdown in the digital ad market, and a jaw-dropping investment to build out the metaverse, times are tough for Zuck and co. The companyâs stock plummeted over 22% yesterday after they reported Q3 earnings.
- Shopify reports net loss of $158.4 million in Q3. Metaâs not the only Big Tech company struggling right now. Shopify went from reporting a net profit of $1.15 billion this time last year, to actually losing money in Q3 2022. Looks like the pandemic-era boom in ecommerce has officially worn off.
- âChief Twitâ Elon Musk visits Twitter HQ as he prepares to take over. With his takeover bid set to close today, Elon updated his bio to âChief Twitâ and visited Twitter headquarters on Wednesday. Banks have reportedly begun sending over the $13B theyâve committed to help him finance the deal.
Working With Clients
11 Ways to Land More Clients On Upwork in 2022
Whether youâre new to freelancing or a seasoned vetâŚ
Upwork is one of our favorite places to find clients.
It lets you filter for paying clients who are looking to hire ASAPâŚ
And in our experience, many 7-figure and 8-figure business owners actually PREFER to hire from a freelancing platform like Upwork vs a direct referral.
Why?
Because they can evaluate your track record, look at past reviews, and see how you stack up against the competition.
Not to mentionâŚ
For business owners without a strong network, freelancing platforms like Upwork are sometimes the only option.
So, if youâre looking to land more gigs on the platformâŚ
Check out this article for 11 ways to win more business:
[READ]: How to Get More Jobs on Upwork in 2022
Working For Yourself
How to Finish Every Week on a Low High Note
Spoiler alert:
The 4-Hour Work Week is not realistic for most of us.
(Itâs still a great book, though.)
And while even a 4-day work week would be a major upgrade from spending a full 5 days at the slag heap every single weekâŚ
Hereâs a simple hack that can make the workweek easier to bear:
Structure your workload so you start strong but then taper down throughout the week.
This means stacking Mondays with as much work as you can possibly handle to get ahead and create a bufferâŚ
Then slowly and steadily taking your foot off the gasâŚ
So Friday can be a much more leisurely work day and you can finish the work week on a low high note.
Hereâs what it might look like in application:
- Monday: 10-12 hours
- Tuesday: 8-10 hours
- Wednesday: 8-10 hours
- Thursday: 6-8 hours
- Friday: 4-6 hours
Now, will this be possible every week?
Doubtful.
And itâs probably not for everyone.
But if you struggle with the monotony of a uniform work week or have ever wanted to shake up your scheduleâŚ
Give this a try.
Easing into the weekend with a lighter and/or shorter Friday can feel mighty nice.
From The Paid Ads Gig
Controversial Advice For Anyone Running a VSL Funnel
The main conversion mechanism in a sales funnel is usually a sales letter, webinar, or VSL.
But is it the most important one?
Not always â and hereâs why:
Your ad determines WHO youâre bringing in and WHAT their expectations are.
Get it wrong, and it may not matter how good your main conversion mechanism is.
Especially if youâre selling a high-ticket product or service.
So while you can split test landing pages, order forms, and button copy until the cows come homeâŚ
Truth is, the #1 biggest lever you can pull when it comes to the performance of your funnelâŚ
(aside from your sales letter, VSL, or webinar)
Is your ad.
Nail that and everything else downstream gets much easier.
Gig Alerts
Looking for clients? These freelance jobs were posted on Upwork in the last 24 hours:
Other Reads Youâll Enjoy:
Good newsletters are hard to find. Here are a few of our favorites:
- Creator Wizard: Join 7,127 creators getting paid sponsorship opportunities every Monday & Thursday.
- The Playbook by Unemployable: The Playbook helps creators, freelancers, coaches, and consultants attract profitable audiences and develop multiple revenue streams.
- The Curiosity Chronicle: High signal content related to frameworks, personal development, productivity, and growth.
Quote of the Day
“Sometimes you make the right decision, sometimes you make the decision right.”
â Phil McGraw
ICYMI:
- Monday: đ Patreon plummets
- Tuesday: 𦹠Project Aquaman
- Wednesday: đ˛ Payment partnership
- Thursday:âď¸ Apple vs Meta