Insight and Inspiration from
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Departments
- Welcome!
- [Not] Just for Newbies
- On the Radar
- Dollars & Sense
- TAMW Calendar
- The Savvy Marketer
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Win By Not Losing!
Exactly how did the tortoise beat the hare? It certainly wasn't by being the fastest. The tortoise beat the hare by not making the mistakes the hare made. The important lesson here is that the tortoise didn't win, the hare lost. So the tortoise won by not losing. We've built our success as freelances the same way.
We like to believe we're good at what we do and how we do it. And we're smart enough to know there are plenty of other great freelance medical writers out there. But we work hard at not losing, by being careful and committed to doing everything right--from the services we provide to the way we provide them, and the way we conduct our business. In this issue of Pencil Points, we help you win by not losing, too!
In [Not] Just for Newbies, we show you how to avoid making a potentially fatal mistake many freelances make-newbies and experienced freelances alike. With a nod to the start of the baseball season, in The Savvy Marketer we help you get your marketing effort on base and headed for a home run. Have you ever lost money because of a cancelled project? In Dollars and Sense we reveal how you can win by not losing money on the time you guaranteed. And this month we put a great resource On The Radar to help you gain the upper hand in obtaining full-text reference PDFs.
When it comes to succeeding in business, winning is nice, but not losing is nice, too.
Until next month, Cyndy and Brian
The Accidental Medical WriterPS. We're excited to be Amazon Associates. Every time you visit Amazon through our website or click on a product link we provide and make a purchase, we earn a few pennies that allow us to continue to give you free content through this newsletter. We would really appreciate it if you did so. |
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[NOT] JUST FOR NEWBIES
Information and Inspiration for New and Experienced Writers
| | On Your Mark, Get Set, STOP!
If you've ever heard us speak at a conference or seminar, you may have heard us mention that one of the reasons we're successful is that we work hard at not making simple mistakes. In our opinion, there's a simple mistake some freelances make that can kill a project just as it's about to start. That is, insisting on a project initiation fee. In case you're not familiar with this term, a project initiation fee is a portion of the agreed-to fee that is paid up front before the work begins. Insisting on a project initiation fee isn't a "newbie thing." We've heard about freelances with quite a few years' experience insisting on project initiation fees, too. Before we go any further, we want to explain one thing. If a client wants to give you money up front, DON'T TURN IT DOWN! Once we had a client insist that we not start work until after we'd received the first check. Wow, what a thrill. But this has only happened to us once, and we have nearly 50 combined years of freelancing experience. We also don't want to imply that you're doing something wrong if you have a client who is accustomed to you charging a project initiation fee. If a client is willing to pay it, why not charge it? But for the rest of us, project initiation fees can be a real nonstarter. Literally. Most of our clients are medical communications companies, medical education companies, and medical advertising agencies. As we've explained before, we prefer to work with these companies rather than directly for manufacturers because one good medical communications company client brings us work from several manufacturers. The business growth is exponential! But our clients don't have the luxury of getting up-front payments from their clients. So if we insisted on charging a project initiation fee to get started on an assignment, we'd be taking money from their cash flow, which doesn't make us very good business partners. This is one of the challenges of running a freelance business as a business, and we find the partnerships we have with our clients are strengthened by the cement of this type of good business practice. Does that mean you should never charge a project initiation fee? There are occasions when it might be a good idea to do so, for example, if you've been hired by a healthcare professional to write a book. This type of project can drag on forever and by asking for a portion of the money up front you are ensuring the person hiring you has some skin in the game (see Dollars and Sense). When working on larger projects, it's not unusual for us to break invoicing into smaller chunks according to the deliverables. When we do this, we sometimes send an invoice upon project initiation so the first payment arrives around the same time the first deliverable is due. |
ON THE RADAR Resources for Medical Writers | |
Another Option for Full-text Publications
In last month's issue, we introduced you to DeepDyve, a service for those of us who are unaffiliated with an academic library and are tired of searching across multiple publisher websites to read and purchase the peer-reviewed publications we need. This month, we want to introduce you to FreefullPDF, a similar search engine that allows you to download publications in open-access scientific journals, as well as theses, posters, and patents.
According to the homepage, FreefullPDF gives you access to more than 80 million free scientific publications. We like that FreefullPDF is easy to search (really easy), and that the hyperlinks in the search results usually take you directly to the full PDF document. Fewer mouse clicks are required to get right to the full-text publication. We don't enjoy the sponsored links and advertisements that appear with the search results. But, hey, free is free, and we are willing to work around the ads to get to the full-text publications through this easy-to-use search engine. See what you think.
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DOLLARS & SENSE
Advice on the Business of Freelancing
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Mind the Gap!
If you've ever been to London, one of the greatest treats can be found Underground. Yes, in the London subway system. Every time a train rolls up you're treated to a wonderfully polite warning to "Mind the gap!" That is, the gap between the train and the platform, which has probably been the source of many lost shoe heels and more than a few unexpected "trips." But today we write about minding a different kind of gap, and the inspiration came from one of our good friends and Pencil Points readers. (As a reminder, we love to address whatever topic you have in mind, so please drop us a line!)
Imagine you've booked a time-intensive project with a client who is kind enough to give you fair warning, say...3 weeks. This gives you plenty of time to prepare yourself and your schedule for the project. You respectfully decline a project or two that comes along because they conflict with the time period in which you'll be working on the big project. Perhaps you even put in extra time on the projects you're finishing up, so nothing gets in your way.
But then it happens.
The Friday before the big project is supposed to begin, the client calls to inform you it won't be moving forward. Perhaps it's a budget thing. Maybe a timing thing. Perhaps a bad-news-from-the-FDA thing. Or perhaps bad news from a clinical trial. Whatever the reason doesn't matter because now you have a giant GAP to mind in your schedule with no paying work!
What's a freelance to do?
We have an answer, although we're afraid it's too late for our friend to implement. But he'll be prepared the next time, and so will you.
When one of our clients calls with a huge project for which they insist on blocking out our time to the exclusion of other projects, we make sure they have skin in the game. We tell them we're happy to guarantee the time they need, but because this means we'll be turning away other work so our time is theirs, we need them to guarantee payment for that time if the project is cancelled or delayed.
When a client is asked to put their money on the line, it's not surprising the guaranteed time block suddenly isn't so crucial after all. And if it is still crucial, at least you're no longer the one taking the risk.
It's important for freelances to remember our clients don't intentionally mean us harm. They just don't think like us. Their paycheck isn't in jeopardy if the project is cancelled (or so they think, but that's why we know being a freelance is more secure than being paid on staff). They get paid every week regardless. But freelances have no way to pay the mortgage if we suddenly find ourselves without work for 3 weeks due to a project cancellation.
Another thing about charging for guaranteed time, the guarantee is calendar specific. Say a client wants you to guarantee your time for the first 3 weeks of May. Then a few days before the start date they tell you the start is delayed a week. Inform the client your guarantee still starts on time, and check your calendar to see whether you can now guarantee the fourth week.
For certain projects that are particularly large, we know some freelances who negotiate kill fees into their contracts. A kill fee is a little different from charging for promised time because it doesn't necessarily specify the schedule you were committing to the project. But it has the same beneficial effect of protecting you against work disruptions that can have a negative financial impact.
We're glad to report our friend was able to leverage some benefit from the situation. But still, it didn't compensate completely for the lost revenue. Unavoidable lessons are bound to arise from time to time, and although it's usually too late for us to do anything about them, we can learn from them so we can avoid them the next time. This is a perfect example of that opportunity!
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WHERE IN THE WORLD ARE BRIAN AND CYNDY?
The Accidental Medical Writer Calendar
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We're now in the process of putting together our personal-appearance schedules for 2014. If you'd like us to come and speak at an event you're organizing, don't wait too long to contact us. Our schedule is filling fast!
Last week we gave our first webinar of 2014 to the writers at INC Research. What fun being part of the company's continuing-education initiative!
We're waiting to hear whether our proposals were accepted for the 2014 AMWA Annual Conference, The deadline for submission has passed. Did you get your proposal in on time?
We would love to present at your next upcoming meeting or event, so invite us!
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THE SAVVY MARKETER
Marketing Tips to Build Your Business
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How to Avoid Pitching All Balls and No Strikes
Pitchers threw out the first pitches of the 2014 Major League Baseball season just over a week ago, and you can bet they and their catchers spent the off season studying up on their opponents. The key to success on the mound is knowing exactly how to place a pitch to capitalize on the batters' strengths and weaknesses. Marketing yourself as a freelance medical writer is no different.
If you've been pitching all balls and no strikes when it comes to your marketing efforts, take a step back to figure out why your tactics are missing the mark. There are lots of little reasons writers' marketing efforts fail, but in our opinion the 2 biggest reasons are because writers:
- Aren't clear about the type or types of writing they want to do--regulatory, educational, or promotional
- Haven't done a good enough job identifying the companies that buy that type of writing
Let's tackle the first reason, not having a clear vision about the type of medical writing you want to do. Your educational and professional background and past work experiences can help to clarify the type of writing you want to pursue. Perhaps you are a nurse who is proficient at communicating complex disease information to patients and their families. Then, writing patient-education materials might be for you. Or maybe you're a bench scientist with experience writing about the results of laboratory experiments. You might want to look into regulatory writing. We know this sounds a little bit like homework, but we recommend sitting down with a piece of paper and being very specific about what you bring to the table from your past experiences and translating that into the kinds of deliverables you want to create.
Next let's look at reason #2, failing to identify the right potential clients. There is nothing more deflating than creating marketing materials and crafting an email cover letter only to receive a response that says, "Sorry, we don't do that kind of writing," or "We don't hire freelances." Building a contact list isn't a difficult task, but it does take time to investigate companies to determine if their needs mesh with what you have to offer. Granted, the Internet makes it easy to identify potential customers, but don't just grab a list of medical communication agencies you found through a Google search and send your marketing materials willy-nilly. Dig a little deeper to find out whether the companies are a good fit.
Before pitching them, make sure you're clear about:
- The types of projects they handle, ie, their capabilities
- The types of clients they work with
- Whether or not they even hire freelances
- The name of the person you should be pitching
Never send a marketing pitch to the dreaded, "To Whom It May Concern." If you can't find the name of the medical writing manager, creative director, or human resources manager through the company's website, you need to make a phone call or two. If that doesn't get you the information, then become a cyber sleuth on LinkedIn or Facebook. It's amazing what you can find through social media connections.
We recognize that marketing is tough but if you want your business to succeed you have to do it. Nevertheless, even with a well-targeted pitch you still have a 33% chance of getting one of these responses:
- We're not interested
- We like what we see but we don't have anything right now; we'll keep your materials on file
- We want to talk with you about an upcoming project
But with a little effort on your part, you should be able to place more pitches in the strike zone.
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