Business & Finance Tips for Freelancers!

[@NathanVMountain]

Bro's out here like "I think when I started freelancing I was earning 2k, 3k, 4k a month and that's okay" and freelancers like me in the UK with under 5 years experience are earning anywhere between 500 to maybe 2 a month if we are lucky 😂 Alsooooo, I will leave this here because I know that you're only coming from USA perspective which is fair enough as that's what you deal with so I will add this to help internationals, but in the UK, we don't have to be registered as an LLC to get taxed on JUST the profit, if you are self employed in any way, you only pay tax on the profit, simple as that. AND also the stuff about invoicing the client for the first time with W9s/10-99s or whatever it was is NOT a thing outside of the US, just so people don't get scared haha. Perspective really is everything when it comes to anything in life.

[@southweddingvisuals1238]

Thank you SO MUCH for this, I was getting so scared as a uk wedding freelancer myself about all this stuff I didn't know you were supposed to do or never heard of 😅

[@carlostigs]

Thanks for sharing. I’m from America so that’s al I know so I figured it was kinda spoken for but I appreciate you sharing

[@aaronthecameraguy]

Dude this in amazing information thank you. I get super overwhelmed at this stuff and I don't know anyone else that does it, thank you man.

[@pierego]

Just discovered your channel, amazing content and vibe. Clear-cut, Insightful, and dripping with empathy and personability!

[@josephfriedman614]

This is such great advice. I have been in the business 50 years as a DP and you brought up some stuff that I don't myself do, which would hold me in good stead. No one educated me about money when I was a young person. Getting a credit card many years ago was a huge step for me. I use an AMEX card for business purchases (airline tickets, gas, auto expenses, etc.) and pay that each month fully. What I will do, based on today's presentation, is offer a variety of ways of paying me on each invoice. That's a great idea.

[@carlostigs]

Thanks for the comment

[@bdflew493]

Bro this is exactly what i needed!!! Thank you so much bro! Im bout to get my llc and had no clue how to go about a few things with the taxes and paying myself. This is much appreciate it

[@carlostigs]

Glad it can help!

[@davidettel5788]

here we go, thanks for the second part.

[@carlostigs]

Enjoy!

[@AA-flyguy]

EXCELLENT!!!👌

[@scholarkidbehavior3803]

I wish I would of saw this video when I 1st started my LLC I’m 3 years behind in taxes because I wasn’t sure how to file Being self employed so just avoided it all together jus now starting my emergency fund and grinding hard to pay the irs back but not stressing to much you know life is short for all that this great advice for upcoming freelancers I jus turned 30 and jus now getting it together so you being 25 you are definitely off to a good start…keep up the great content 🔥🔥

[@pedropucheu973]

Appreciate these financial videos Carlo!

[@adam_sznapka]

This helped so much, thank you.

[@DuncanSmith]

this is such a great series - so so helpful

[@carlostigs]

thank ya

[@cfrostmedia]

This video was super helpful! Love your content man keep it up!

[@masonzbrown]

Note to freelancers: If you are invoicing/charging taxes on your jobs (depends on where you work and services provided), DO NOT go and spend that tax money. Keep a good record of how much you've charged so you don't spend it because that is not your money to keep.

[@carlostigs]

Exactly

[@jwramp]

Would love to hear more about the contract side of things from a DP perspective versus when you were doing the whole production company thing. Did you push for deposits or anything like that, or just cash flow the expenses yourself until net 30 came through with most folks? Also would love to hear more about pricing out pre-production time/effort versus the straightforward day and equipment rates for shooting days. Loving this series!

[@Armin.h6]

Gian, you're a damn G for this. Thank you for providing this information to the new generations; it took me far too long. Blessings bring blessings, brother. Cheers to you!

[@filmmakerseven5504]

Thank you so much for this. Recently transitioned into being a full time freelancer and no one really tells you the amount of shit waiting for you to tackle. All of this is useful information and can be used as a guide to study further. Don't spend Tax Money guys! lol, funny until it's not.

[@xx02]

Been following your work for a while now, currently I just graduated. I believe I have a strong portfolio, but I cant seem to land any gigs with "real world production". I live in a big city, but its such a clique group of people who do productions out here and it sucks......

[@sohumr8044]

Hey Carlo ! I’m looking for a new accountant too. If you don’t mind who is your new accountant?

[@JeffHanesworld]

Thank you Carlo....

[@carlostigs]

For sure

[@jacko83]

I wish when I started there was more videos like this to get inspired!

[@carlostigs]

👍🏼👍🏼

[@aldoamine]

Any tips for someone newly moving to the US, should i go with freelancing or fixed?

[@alenkajtezovic]

dope stuff man

[@directordizbah1664]

Hi bro, what procedure/ strategy do you use to pay yourself as a dp?

[@JRODVISUALS]

What does your estimate and contract process work? Does your estimate sometimes differ from the final invoice? I ask because I normally send an estimate to a client first and then once we get a contact signed, we move forward. However, often times my estimate is a bit off and the invoice is a bit more than estimated!

[@masonzbrown]

Imagine living only 100 miles from the legendary Joe Shmo.

[@L0RDYfps]

You guys are getting paid? 😅

[@stepheninman5266]

I work for exposure only

[@kwa42]

Bro i love your videos, but casually calling 2000, 4000 a month „small amount of money“ is some real extreme detached from reality shit

[@ErinIsBlueBlue]

Thank you !