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Why Grant Writers Must Track Their Time: Pricing Strategies and Smart Decisions

Episode 424 Published 1 year, 2 months ago
Description

As a freelance grant writer, or freelancer in general, are you keeping track of your time? 

One of the biggest flaws I see is that freelance grant writers don’t keep track of their time. 

Why is tracking your time so important? Because our time is our most valuable asset. 

What Happens When Freelancers Don’t Track Their Time When freelance grant writers don’t track their time, they underestimate how much time the following takes: 

  • Writing grants 
    • How much time to write a foundation grant
    • How much time to write a federal grant
    • How much time to write a state grant
    • How much time to write a Letter of Inquiry
  • Finding grant prospects 
  • Meetings with clients
  • Emails with clients
  • Talking to funders
  • Working on financials
  • Marketing
  • Industry updates
  • Administration
  • And so much more…

And what happens when you don’t accurately count or track your time?

According to our friends over at Global Development Solutions, who conduct an annual Pricing Survey among grant professionals (2023), YOU don’t get paid for all your work!

This is SO dangerous because if you don’t get paid for your work, then you are not able to sustain a business.

You need to know how much time that things take you to do. 


ABOUT HOLLY RUSTICK


Grant Writing & Funding (GWF) has a Global Movement to Secure $1 Billion in Grant Funding for Good and $30 Million in Grant Writing Businesses by 2030.  Holly Rustick, CEO of GWF, is leading the movement; a world-renowned grant writer with 20+ years of experience, bestselling author, and business coach for new and seasoned grant writers to replace their full-time income writing grants part-time from home through her signature programs: the Freelance Grant Writer Academy and the Grant Professional Mentorship.  


Rustick is the host of the top grant writing podcast “Grant Writing & Funding” and the author of the Bestselling book, The Beginner’s Guide to Grant Writing. With an MA in International Political Economy,  past-president of the Guam Women’s Chamber of Commerce, serving on numerous boards of directors, Holly is also an unapologetic feminist. She lives on the island of Guam with her beautiful daughter, Isabella. 


CONNECT WITH HOLLY RUSTICK 

Website: https://grantwritingandfunding.com/ 


RESOURCES:


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