Q&A: I Think Subcontractors Aren't Getting Paid Enough

I sent out an email last week to promote a subcontracting opportunity for one of my listings in the "Making Money as a Resume Subcontractor" membership program and received the following response.

I think the 20% to the writer is the wrong way around. Especially for only a couple of assignments per month.

A fairer business model would see the writer getting 80%+ and the originator getting a 10% - 20% “finder’s fee”, based on the premise that the writer is doing the majority of the work. Also, I think the client gets a better result when the writer interacts with them directly, rather than adding links into the chain of communication.

Having said that I am definitely interested in subcontract work and will check out your site and the YouTube.

Just my two cents!

– G.S.

Compensation for subcontract writing projects generates a lot of controversy.

Ask a subcontract writer, and they will tell you the pay is too low. Compensation is generally ranges from 20-35% of the project fee. Factors affecting the percentage include: the amount of client contact (and whether writing from worksheets vs. conducting the phone intake session) and whether the subcontractor or the contracting writer handles revisions. In general, the more client contact and the more of the project the subcontractor handles, the higher the percentage the subcontract writer receives.

Ask a contracting writer about compensation, and they'd remind you how much more goes into the project than the actual writing of the resume. There is marketing and client acquisition time and costs, selling the client on the project and fee (including determining project scope), getting payment and onboarding the client, conducting the information-gathering process, and managing the project through completion, including project finalization. There's also the risk of chargebacks, which is almost always fully realized by the contracting writer, with the subcontact writer paid regardless.

The author of the question above raises several excellent points. Skilled writing should be compensated well. How much better? I would argue that 30 percent should be the mininum amount, and that should be writing from worksheets with no client contact and no revisions. A project with direct client contact (including conducting the intake session) should be compensated at a higher rate than a ghostwriting opportunity.

But it's never going to be an 85/15 or 80/20 split in favor of the writer. The industry standard for compensating referrals is 15%. That's the "finder's fee" model the original email referred to. But that's very different from subcontracting.

It can be tough to find a qualified (especially a certified) writer who will work on a project for less than $200 (their percentage). At current rates, that means the contracting writer would have to charge $600 (at 35%) to $1000 (at 20%). With the industry average for resumes currently at $500-$600, that doesn't leave a lot of wiggle room.

One more point: The author mentioned "especially for only a couple of assignments per month." Many subcontractors only take on a few assignments per week or month. (The industry average for most writers, according to the Resume Writers' Digest Annual Industry Survey  is 1-2 projects per week, or 4-8 projects a month.) Many resume writers pursue subcontract opportunities while they build their own client base, to smooth out the peaks and valleys. Most subcontractors are looking for extra income, experience, and the opportunity to learn how other writers run their businesses and interact with clients. Some subcontract full-time (or as their only work), but that's not the majority of subcontract writers.

Interested in subcontract resume writing? Check out the Making Money as a Resume Subcontractor membership site. Your annual membership includes the "Making Money as a Resume Subcontractor" special report (with information for subcontract writers about compensation, project management, and more -- and profiles of other subcontract writers), plus access to the Directory of Subcontract Opportunities, with more than 25 full listings for subcontract writing (with more being added and updated all the time).

What is a "Fair" Referral Fee for Resume Writers?

I got a couple of questions from a resume writing colleague today about referral fees, and I wanted to share my answers in today's blog post.

Securing Referrals Special Report

* Can you please advise what is the prescribed fee amount/percentage range that one should offer another career professional for a referral (career service) that would be fair? (Is there any minimum and maximum offered?)

Referral fees are negotiable. 15% is the most common referral fee, but I've seen anywhere from 10-25%. 

One thing to consider when you're deciding what percentage to pay as a referral commission for being sent prospects from a colleague is: What is the QUALITY of the referral? If someone sends a client to you who is pre-qualified and pre-sold (meaning they're a good fit for you and they're ready to buy from you based on what the referring person said), that's worth it.

There's a mathematical way to figure this out, for the most part. You can add up what you're spending (in money and time) each month, and divide it by the number of clients you secure yourself. For example, you might spend 1 hour/week on marketing and $100 on your marketing (website, paid ads, etc.). Let's say you value your time at $75/hour. So that's $75 x 4 = $300/month (time) + $100/month (hard costs) = $400. Let's say you secure 6 new clients/month. So divide $400/6 = $66 (cost to acquire one client).

Let's say that referral partner sends you a client that pays $500/project. Your 20% referral fee would be $100. But remember, unlike your own marketing costs, you only incur this "marketing expense" if you secure the client. With your other marketing costs, you spend $400/month and might get 0 clients out of it. (Or, things might go really well, and you get 10 clients out of it!). But the advantage with referral commissions is you only pay them when you're making money (the other 80%). 

* Are referral fees always required or mandatory? For instance, I offered a referral to a resume writer once for a client that I was not able to take due to other deadlines. However, I did not charge a referral fee upon the client retaining her service. 

No, referral fees are not always required or mandatory. As the referring person, you can always request a referral fee, but it's not mandatory. HOWEVER, thinking of that resume writer, wouldn't you be MORE likely to send clients their way if they HAD sent you a 15% referral commission (even if you hadn't asked for it?) Or even some kind of thank you?

* Are referral fees based on certain factors, or more on the negotiation or agreement between two career professionals what is suitable?

Just like with subcontractor fees, I believe that the more "work" one party does, the higher the compensation should be. For example, subcontract writers who have direct client contact (including conducting intake interviews) should make more than subcontract writers without client contact (and who work from questionnaires). However, because there is no standard in the industry, this isn't always equivalent.

In an "ideal" world, I think it would be:
10% referral fee -- pass along the name of a colleague

15% referral fee -- "normal" amount of selling -- give name/contact info and some information about the resume writer to convince the client they're a good fit

20% referral fee -- going above and beyond -- information about why this resume writer would be a good fit plus introduction of client directly to resume writer

The reason why I generally think referral fees should be 20% and under is that now you're getting into the "subcontract" rates territory. When you'd pay 20% to another writer to create the actual content for the client (again, subcontract fees are generally 20-35%), I think that's the top level. But I have seen some writers who offer 25% referral fees.

In the affiliate marketing world, referral commissions can be up to 75%, but usually these are for set programs (webinars, courses, group programs), not custom services.

If you're looking for more information about eliciting referrals from colleagues, check out this special report:

Securing Referrals: How to Get More Referrals From Other Resume Writers

If you're interested in learning more about subcontracting as a resume writer, check out:

Making Money as a Resume Subcontractor

Why Subcontract?

I've been a professional resume writer since 1996, but in the early 2000s, I decided to supplement my own business marketing with subcontract resume writing. I no longer work as a subcontract resume writer (my own business took off too much for me to continue writing for others), but this is a topic that continues to interest me.

In 2007, my colleague Diana LeGere collaborated with me to write a report on subcontracting, "Making Money as a Resume Subcontractor." We just published the fifth edition of the report, and I wanted to address the second biggest question I'm asked by folks considering subcontracting. (I'll do a blog post later about the BIGGEST question, which relates to subcontract writing compensation.)

The second-biggest question 

I get is 

“Why should I subcontract?”

There are a couple of reasons that I give resume writers considering subcontracting.

• You want to supplement the income you're earning from your own resume writing business. Resume writing can be a "feast-and-famine" business. Subcontracting can help fill in the peaks and valleys, giving you the opportunity to stay busy -- and earn some extra money -- when your phone isn't ringing (or your email isn't pinging).
• You're getting started in the business and you want additional experience. Especially when you are new in the business, you need to write more to improve your skills -- and to learn which kinds of clients/projects you don't want to work on! (After 20 years in the business, I specialize in sales, marketing, PR and advertising clients primarily and I do not write technology resumes or military-to-civilian or federal resumes. Live and learn!)
• You are tired of client management hassles. An emerging area of subcontracting is individuals and firms that ONLY subcontract write. Don't like marketing? Just like writing? Subcontracting may be for you! (I can't promise you won't work with any PITA clients, but at least you'll have your contracting writer to help intervene.)
• You can learn how to manage your own resume writing business better. Individuals who employ subcontract writers have figured out many of the systems and processes involved with client management and business operations. You can get a peek into how they work and adopt these practices in your own business.

If you have questions about subcontracting, I'd like to help answer them! I'm offering a free webinar next week as part of the launch of the "Making Money as a Resume Subcontractor" membership site. You can register for the webinar here or check out the MMRS membership site here.

Is Subcontracting Right For You?

http://bearesumewriter.com/MMRS

One of the biggest issues for new resume writers is the "feast or famine" nature of the work. As you're working to get your own clients, you may consider working as a subcontract writer for another resume writer or a resume writing service (often referred to as the "contracting writer" or "contracting firm."

How do you know whether subcontracting is right for you? Here's some things to consider:

• Are you self-motivated? You need to be the type of person who can get work done when it needs to be done. If you've been assigned a project and a deadline, it's up to you to decide when, where, and how to get it done.
• How are you at managing your time? You'll need to estimate accurately how long any one resume will take you to write you -- and be able to do this with multiple clients. How will you handle things if you get your OWN resume client while you have three subcontract projects to write? Deadline management is critical as a subcontractor.
• Can you work with different personalities? Whether you're a subcontract resume writer or not, you're not working with just one individual at a time. However, it's important that you get along well with your contracting writer (or your contact at the contracting firm). 
• Do you have your own tools? I'm not talking about hammers and nails. You'll need a computer, Internet connection, and software (Microsoft Word). As a subcontract writer, you're responsible for supplying your own tools.
• Can you pay your own benefits? Speaking of providing your own stuff, unless you're subcontracting on the side while you're still employed, you'll have to furnish your own benefits -- including health insurance. Of course, if you're already a self-employed resume writer, you knew this. (And you've been setting aside money for your quarterly estimated taxes too, I hope!)
• Are you good with money? If you're not good at budgeting, being a subcontract writer might be difficult. For example, you may write 8 resumes this month for one contracting writer and receive a $1200 check. Should you spend all $1200 this month because you earned it this month? No. You should save some for taxes, savings, and for the slower months.
• There's still feast or famine moments. Payment doesn't always come on time, like it does with a job. Even your contract writer may have slow times, so that makes it harder to budetyour money. If you can budget through the hard times and ride the wave, you'll make it as a subcontract resume writer.

Hopefully, this has given you some things to think about when it comes to becoming a subcontract writer. There's lots of other things to consider too, of course, like how to find a contracting writer or contract firm to work with.

I've got a resource that will help you with that too. Check out the"Making Money as a Resume Subcontractor" special report and directory of contracting writers.

So You Want to Be A Subcontract Resume Writer?

Every day, I get questions from resume writers. On my blog, I'll post the answers to frequently-asked questions!

Here's today's Q&A!

Question:
For the past few years, I have been contemplating the idea of working as an independent sub-contractor. I have even purchased a copy of your book on this subject. What kind of rates should I expect? Where do I start? I would appreciate any advice you can give me.

My Answer:
Most new resume writers who start out as subcontractors earn $30-$100 per resume project. There are contracting firms that pay more, but they generally want certified resume writers who have 2-5 years of experience or more. And, of course, what you'd earn as a contracting writer is generally much lower than you could earn working with your own clients directly, since the contracting writer/firm keeps 50-75% of the fee (paying the subcontract writer 25-50% for the writing portion).

To get started, I recommend you have the following:

• Your own resume and cover letter (as outlined in the "Making Money as a Resume Subcontractor" special report; see the sample resume/cover letter)
• A completed, updated LinkedIn profile.
• A portfolio of sample resumes (these should be REAL resumes you've written for REAL clients, but "fictionalized" to remove any personally identifying information from the clients). You didn't have to get PAID for these (they can be volunteer/pro bono projects, but they should be for real people). I recommend a minimum of three samples, each for a different industry/field, UNLESS you are going to specialize in a specific niche as a subcontract writer.
• Next, identify 3-4 contracting firms to contact. If they have a particular template format they use, I would also format one of your existing "portfolio" resumes in their writing style with the company's name on the sample (so they know you didn't plagiarize their format, but are instead demonstrating you can work within their template style). 

Note: You can find a directory of contracting opportunities in the Making Money as a Resume Subcontractor Special Report.

Make sure there are absolutely NO ERRORS in any of your communications -- your resume/cover letter/LinkedIn profile, your sample resumes, and your emails to the company. The #1 thing that will get you disqualified from consideration is errors! Attention to detail is a MUST as a subcontractor!

This is absolutely a job you can do from anywhere. However, you will need reliable Internet and phone access. (Some contracting firms require client contact for their writers. You must be able to call clients or receive calls from clients and talk to them without interruption or background noise).

The #1 thing that is important once you've been hired on as a contracting writer is MEETING DEADLINES. 

This is crucial. Miss one deadline and you'll likely be let go, so make sure you can meet the deadline when accepting a project. No excuses. 

The second most important thing is RECORDKEEPING. 

It's up to you to keep track of client documents, deadlines, revision requirements, and most important -- what you're owed! As I said: Attention to detail is key!

YOUR FEEDBACK:

Colleagues -- did I miss anything? Any other advice you have for this new resume writer?

Securing Referrals From Other Resume Writers

Purchase This Report 

I've written lots of blog posts -- and even a special report -- on developing referral business. But in talking with a resume writer colleague yesterday, I thought of a couple of issues that make matching up a referral among resume writers a little bit easier.

Many resume writers ask for colleagues who are interested in a referral on the professional association E-Lists. The usual response is a series of email responses along the lines of "I'll take the client." 

Having been on the "asking" end of soliciting a referral writer, I can tell you that doesn't make it easy to choose a writer to send to prospective clients. That's why you'll sometimes see resume writers ask for prospective writers to contact them off-list, or they'll say something like, "The first three writers to respond will be forwarded to the prospect."

But there's a better way to handle referrals. Here are a couple of ground rules:

• Only respond to referral requests that you are qualified to serve. In some cases, resume writers are overbooked and can't accept a client due to time constraints. But in most cases, referrals are made when a client needs a specialist. If you're not a specialist, don't use this opportunity to pick up a new client. This is not your chance to get some practice with an unfamiliar field. You're not serving your new client -- and you're not helping your colleague. You might be a great resume writer, but the referring resume writer wants to look good too. 

• Distinguish yourself. The resume writer I spoke to was surprised when his request for referrals was answered with resume writers who either didn't establish their credentials for being qualified to write the client's resume -- or, worse, they sent samples, but they weren't for the type of project being referred. (If you want a referral for a Bioscience project, send a science-related sample!)

• Establish your expertise and secure referrals without competition. If you're a specialist in a particular field -- information technology, federal resumes, military transition, engineering ... whatever -- you can cultivate referrals by establishing your expertise. Instead of responding to general requests, you can elicit direct referrals by participating on E-Lists as a subject matter expert, and the next time someone is looking to refer a client within your specialty, they will likely contact you directly.

• Prepare yourself for referrals. If one of your client acquisition strategies is to solicit referrals from colleagues, prepare for for the referral request. Create a one-page sheet demonstrating your credentials. This should include your specialty area, credentials (especially any industry-specific certifications or training), scope of work you perform (resumes, cover letters, LinkedIn profiles, etc.), related books you've been published in, and any testimonials received from clients in this field/industry.

• Outline your referral rate. Many resume writers are happy to make a referral to a qualified colleague simply to serve a client -- but offering a referral fee can help make it worth the referring resume writer's effort to find a writer for the prospect. The "standard" fee for referrals is 15%, although it can range from nothing to 30% or more. By outlining the referral fee in your response to the requesting resume writer, you might get the nod over another writer who doesn't offer a referral fee.

If you're on the asking -- or receiving -- end of referrals (or want to be!), check out the "Maximizing Your Cash Flow: Subcontracting and Referral Relationships" special report.

Resume Writers Digest 2008 Subcontractor Survey

I have just updated the "Making Money as a Resume Subcontractor" Special Report with the results of the more recent 2009 Resume Writers' Digest Subcontractor Survey. (I will be conducting the 2010/2011 survey in the next few weeks.)

Because the information was replaced in the report, I've decided to "archive" the 2008 results writeup in this blog post.

As you might expect, for many resume writers, subcontracting is a way to smooth out the peaks and valleys of self-employment, at least according to the responses in the Resume Writers’ Digest 2008 Subcontracting Survey.

Sixty-six resume writers completed the survey. Of those, 56 percent are currently subcontract writers, either for an individual or a firm. The rest used to write resumes as a contractor, but are not currently doing so.

More than half of those responding have been subcontracting for at least three years, and fully half of those responding only write for one individual or firm. Most writers produce 1-2 projects per week as a subcontractor.

Compensation

The opportunity to earn extra income is often the driving force behind the decision to subcontract. Interestingly, the average pay for nearly half of all writers was between $51-$150 per project. Nearly three- quarters of writers are paid a flat fee for each project they accept, receiving 21-35% of the client’s charge, in most cases.

Typical projects include a resume and cover letter together (55 percent), followed by a resume only (18 percent). Other services include bios, thank you/follow-up notes, interview preparation training, KSAs, and ASCII text conversions.

Project Management

Most subcontracting projects are assigned via e-mail (61 percent), although a substantial number are also assigned over the phone (17 percent) or through a web portal (12 percent).

The average turnaround time is 3-5 days (33 percent), although shorter timeframes (24-48 hours — 23 percent; 48-72 hours — 28 percent) are not uncommon.

Because standardization is one key to working with a large volume of clients, it’s not surprising that 35 percent of resume writers work with clients via e-mail contact only, transforming old résumés and client worksheets into new documents.

What the writer produces is also fairly uniform — 56 percent of writers work with the client from the draft production through project finalization, working directly with the client to make changes. Seventeen percent produce a draft version only, and 20 percent create the draft but then work with the contracting individual or firm to finalize the project.

Some contracting firms supply templates (24 percent), while most prefer the writer produce the document entirely from scratch (46 percent).

Most subcontract writers are generalists; however, for those that specialize, they most often identify themselves as experts in writing executive resumes.

Substantial growth in subcontracting opportunities exists for resume writers who specialize in federal resumes, as only three percent of survey respondents reported they specialize in this area, and demand from firms seeking subcontractors who have expertise in writing federal resumes continues to grow.

Resume Turnaround Times: Subcontracting Survey

I'm going to have to add a question to the 2011 Resume Writers' Digest Industry Survey about average turnaround times for resumes -- but I do have some data on it from the 2009 Resume Writers' Digest Subcontracting Survey:

Excerpted from the "Making Money as a Resume Subcontractor" Special Report:

While rush fees may be available for extremely short turnaround deadlines, in many cases, contracting writers must produce projects in shorter timeframes than they would when working with their own clients. 

Reported turnaround times include:

Less than 24 hours -- 10%

24-48 hours (1-2 days) -- 10%

48-72 hours (2-3 days) -- 24%

3-5 days -- 52%

More than 5 days --  4%

Results of Subcontracting Survey: Show Me the Money!

One of the most frequently asked questions I get from resume writers who are considering subcontracting for other firms is: How much does it pay?

The second Subcontracting Survey was completed by 33 respondents. Ninety percent of those currently work as subcontract writers, either for an individual or a firm.

Results are pretty evenly split between writers who only work for one individual/firm and those who write for multiple individuals and firms.

The average pay for a subcontract project is below rates that individual resume writers could earn on a project they marketed and managed themselves, but that’s part of the trade-off. In exchange for having someone else handle more of the client management tasks, contract writers can focus on content development.

Average pay per project:

$50 or less -- 0%

$51-$100 -- 27%

$101-$150 -- 18%

$151-$200 --  33%

$201-$250 -- 6.5%

$251-$300 -- 9%

$301-$400 -- 6.5%

$401-$500+ -- 0%

Most resume writers are paid a flat fee per completed project (82 percent of those responding), versus a percentage of the client fee. None of the writers who responded are paid by the hour, although these arrangements do exist. For those who are paid a percentage of the project, the usual portion for the resume writer is 21-35% of the project fee.

You can read the full survey results in the "Making Money as a Resume Subcontractor" Special Report, published by Resume Writers' Digest. The cost is just $20 for the 40+ page report. (It also includes qualifications required for contractors and listings for a couple dozen firms seeking subcontractors, including type of work performed/specialties, turnaround times, and -- in many cases, what they pay.)










You can also read the complete results of the 2008 Resume Writers' Digest Subcontracting Survey in our three-post series from September 2009.

Work-at-Home Opportunities (updated 2/2011)

On her  show last week, radio talk show host Kim Komando spoke with an Iraq veteran who was looking for work-at-home opportunities. She posted an updated list of opportunities her staff had researched on her "Picks of the Week" page, and I've linked to that article here. This is a great resource to share with your clients -- or to use yourself, if you're looking for additional income.

Several of the firms mentioned for work-at-home customer service jobs were the same ones I identified in a September 2010 blog post on the topic. One of the most consistent hirers is West (headquartered in Omaha, Nebraska, my hometown.)

(If you are looking for additional income, consider subcontracting as a resume writer. There are many resume writers who work for other firms -- in addition to their own resume writing practice, or instead of it! by contracting as a resume writer.)

So You Want to Be a Subcontract Resume Writer

Although Diana LeGere and I first published the "Making Money as a Resume Subcontractor" report in October of last year, I've been working constantly to update it with new listings (it now features more than 25 separate individuals or firms that hire subcontract resume writers).

Earlier this week, I added a new listing from a resume writer who had an immediate need for writers, so I told her I'd help spread the word. I sent out an e-mail to the previous buyers of the MMRS report plus culled a list of about 200 CPRWs from my database of more than 3800 resume writers and career coaches. I also sent the information in my e-mail yesterday with a reminder about the availability of the July/August issue of Resume Writers' Digest.

Although I mentioned in my e-mail to non-purchasers that this was for a colleague, I was amazed that some of the responses I received were directed towards me as the "hiring manager." Another contacted the resume writer, asking for general information, although I had included all of this information in the e-mail I sent to [him/her].

Such little things can make the difference for individuals looking to hire subcontractors -- as they can for our clients, who don't pay attention to the details. If the job posting says "No phone calls" and the client calls anyway ... they're not seen as "persistent" -- they're seen as "non-compliant." And they're out of the running.

In the "Making Money as a Resume Subcontractor" report, I've gone to great lengths to outline exactly what the hiring resume writers or firms are looking for from prospective contractors. Follow their instructions exactly -- although you should feel free to also include your own resume and cover letter/letter of introduction (samples of which are provided in the MMRS report).

On the other hand, I did see some excellent "statement of qualifications" e-mails from the individuals who approached me (thinking I was the one looking for subcontractors). I hope they take the time to follow-up with the colleague who actually is looking to hire.

Subcontracting Opportunity: WebFolios

Many resume writers supplement their own resume writing clients with subcontract opportunities. I recently was contacted by a firm that is seeking subcontract writers for their WebFolio product.

The company is looking for individuals with experience writing for senior-level professionals. The ability to read rough client notes and develop those into power statements is critical. No client contact is required, and writers must be able to meet reasonable deadlines.

Interested? Send an e-mail to jknight@stewartcoopercoon.com (cc: msettle@stewartcoopercoon.com), subject line: WebFolio Writer. Include two examples of resumes you've written for executive (senior level) clients.

If you're interested in subcontracting, be sure to order my special report, "Making Money as a Resume Subcontractor" (just $20 for the 40-page report, which includes more than 25 individuals or firms looking for subcontractors; available for immediate download as a PDF.)

The report also includes a sample cover letter you can use when approaching subcontracting firms, plus "red flags" you should watch for when selecting a firm for a contracting relationship.

Looking for Subcontract Writers?

I am working on updating the compiled list of subcontract opportunities in the "Making Money as a Resume Subcontractor" special report. If you are an individual or firm that hires subcontract writers and want your listing included in the report, please e-mail me (rwdigest@aol.com).

Also -- a reminder that my Subcontractor Survey is still open. If you are a resume writer who subcontract writes, please take the survey! (Because this blog is accessible to the public, you need to e-mail me to get the link to the survey -- I won't be posting it directly on here.)

Subcontracting Survey

To follow up on the article in the January/February 2008 issue on "Making a Pitch To Subcontracting Firms," I am conducting a subcontracting survey.

I sent an e-mail to all active subscribers today with the link to the survey. If you have NOT yet signed up to receive your free subscription to Resume Writers' Digest, use the form in the upper right hand corner of the blog.

If you are a resume writer who currently subcontract writes resumes -- or you have subcontracted in the past -- please e-mail me at RWDigest@aol.com (subject: Subcontract Survey) and I will send you the link to the survey. (The survey takes about 5 minutes to complete.)

The survey will remain open until March 31.

I hope to make the Thursday survey a regular feature, and will report the results on the blog. I will also publish the survey results in the Making Money as a Resume Subcontractor Special Report.

Off-the-Wall Subcontracting Ideas

Response has been great to Diana LeGere's "Making Money as a Resume Subcontractor" Special Report, and I continue to come up with ideas for other subcontracting opportunities.

Have you considered these ideas?

• Handling updates and resume retargets for busy resume writers. Updates and retargets generally aren't as profitable -- team up with a resume writer and offer to handle these projects for a fee (30% to 50%) and the mentoring that comes along with project oversight and document approval.

• Provide coaching services for career professionals who only write resumes. There are plenty of resume writers out there who don't do coaching of any kind. Partner with them to offer the service under their brand, and share the revenues!

• Provide resume services for the clients of mental health professionals who offer career assessment and coaching services. Look in the phone book for therapists who offer career testing/career assessment services (they might be listed under "Counseling" in your local directory). Create a referral relationship or a direct contract for services under their brand.
  

Next Special Report: For New Resume Writers

With the recent publication of our first special report, on "Making Money as a Resume Subcontractor," by Diana LeGere, it's time to start working on a second report.

Next we're tackling the challenges faced by new resume writers. I've often talked about the turnover in the resume writing industry. Part of the challenge is that there are low barriers to entry, but it's difficult make $30,000 or more in your first year. I want to help increase the chances of success for these new practitioners -- to give them a game plan for their first year.

Do you have an idea, strategy, or suggestion for these newbies? E-mail me at RWDigest@aol.com. We'll look to release the next special report in December. (Be sure to e-mail me with any ideas you have for special reports you'd like to see.)

New Subcontracting Opportunity

When you think of subcontracting, you might think that only pertains to actually writing the resume. But other subcontracting opportunities exist for professional resume writers.

One of these opportunities is being offered by Peter Newfield, of Career-Resumes.com. He is looking for resume writers with strong technical knowledge (of effective resume strategies), good sales ability, and solid organizational capabilities for a Resume Sales Position (multiple positions available).

Perform written resume critiques, providing resume development quotes and converting leads into sales. Receive a commission on inquiries which result in a paid order -- earn an average of $60 per conversion. Set your own schedule.

For more information, e-mail Bridget at RWDigest@aol.com (subject: Resume Sales Position). I'll send you the details and application information.

"People Won't Pay the Prices I Need to Charge"

In any economy (good or bad), people have money to spend on having their resume developed. The trick is convincing them they need them.

The message in a down economy is: "You need a professionally-written resume in order to stand out in the pile of resumes that flood in for every available position."

The message in a good economy is: "If you're looking for a better job, you need a resume that can show why you're worth 10, 15 or even 25% more money than you're currently making."

The key is finding the prospects who can pay. One surefire way is to find people who have money!! For example: target executives and senior managers, not blue-collar workers and college students. I know, I know, it seems harsh … but you're in business to make money, right?

Another idea is to go outside your geographic area. While most of my business is local, I've done resumes for clients throughout the US -- many who were relocating to new cities. You don't have to be a local expert to write an effective resume I have found that you can capture those clients who think that local expertise is the "only" thing by saying, "Yes, there are times when you will want to choose someone locally, but not every community has a resume expert who knows all the local resources. It can be just as important to find a professional resume writer who can help you tap into proven resources to market yourself to prospective employers regardless of where you live."

Most resume writers think they can fill their appointment books by advertising in the Yellow Pages, having a site on the Internet, and giving talks. However, those are just SOME of the tools you're going to need to use in order to drive the kind of business that sustains you as a primary income source. Many resume writers also find that subcontracting can steady out the peaks and valleys of being a self-employed resume writer

There are thousands of clients who are out there who are willing to pay your prices ($100 up to $1000+) for a resume if it gets them what they want … the job they want/need.