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Four years of self-employment!

Today is my 4-year work anniversary! So … some stats.

I *just* pipped 2019/20 to the post with the number of words I worked on, coming in at 2,797,535. My number of clients was also at an all-time high, just beating last year’s 28 with 29! Of these, 14 were repeat clients – the same as almost every other year. However, the number of publishers I worked with rose from a steady but modest 1 to a much-improved 4.

The types of jobs (i.e. copyediting, dev editing, proofreading, etc.) I did remained about average – but I introduced a new category for ‘line editing’ into which some of my would-be copyediting numbers were syphoned this year. If these two categories are mashed together, that would make 69% of my work copyediting in terms of ‘number of projects in that category’.

When it comes to income source, though, copyediting is up on last year from 42% to 56% of my income, but it’s still less than the previous two years. Dev editing is down this year from 25% to 10% of my income, but this is comparable to 2021/22. Critiques and manuscript assessments, on the other hand, have risen from a steady 1-2% in previous years to 6% of my income this year.

For the first time, I’ve geeked up on the types of writing I’ve been working on – 63% of my projects were fiction, 19% non-fiction, and 3% were specified as memoir, 8% as academic and 6% as corporate.

Now for the self-care bit! My time spent working was the highest ever, coming in at 400 hours more than last year and 177 more than the year before (I wasn’t tracking it the first year). I also spent a whopping 85% of my time on actual billable work (rather than things like admin, CPD, marketing, IT, etc.), topping a steady rise from 73% to 77% to 81% in previous years. Despite this, turnover and profit weren’t as high as in 2020/21 (my top year so far) – and this resulted in my lowest hourly rate since starting out in business.

So although I’m pleased with the way the year has gone overall, this has definitely provided me with some food for thought! I started the year determined to work even harder and fit in as many projects as possible – but now it looks like I really need to focus on working smarter as well!

If you’re a client and you’ve got this far down the geekery, you’re probably my kind of person – do check out my services and get in touch if you think I can be of help! You can see some of my testimonials and portfolio here.

The best way to edit.

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