Toptal: How to Make Money On Toptal For Beginners (2023)

How To Make Money on Toptal?

If you're new to Toptal & want to earn money as a freelancer, then this guide is for you. Learn how to make money on Toptal as a beginner with these practical tips & tricks. Toptal is a platform that connects businesses with the top 3% of freelance talent from around the world. As a beginner, Toptal can be an excellent way to start your freelancing journey & make money. Before getting started it's important to know how the Toptal platform works. In this article, we'll go over how to make money on Toptal for beginners, including tips & tricks to help you get started.

What is Toptal?

Toptal is a platform that connects businesses with top freelance talent from around the world. Toptal is highly selective in the freelancers it accepts, with only the top 3% of applicants being accepted. This makes it an excellent platform for clients looking for high-quality work & for freelancers looking for high-paying projects.

How to Sign Up for Toptal?

To sign up for Toptal, you need to create an account & submit an application. Here's how to do it:

Go to the Toptal website & click on "Apply to Join" in the top right corner.
Fill out the application form, providing information about your skills, experience & availability.
Take the skills test, which is designed to test your technical skills in your area of expertise.
If you pass the skills test, you'll be invited to an interview with a Toptal representative. The interview will be focused on your skills and experience & is a chance to showcase your expertise.

If you're approved, you'll be added to the Toptal network & can start applying for projects.

How to Find Projects on Toptal?

To find projects on Toptal, you can browse the job board or receive project recommendations from Toptal. Here's how to do it:

Browse the job board: Toptal has a job board where clients post job opportunities. You can filter by category, location & project type to find opportunities that fit your skills & experience.

Receive project recommendations: Toptal also recommends projects to freelancers based on their skills & experience. You'll receive project recommendations in your email inbox & you can apply to projects that interest you.

How to Apply for Projects on Toptal?

To apply for projects on Toptal, you'll need to submit a proposal that showcases your skills & experience. Here's how to do it:

Read the project requirements carefully: Before submitting a proposal, make sure you understand the project requirements & that you have the skills & experience necessary to complete the project.
Write a compelling proposal: Your proposal should showcase your skills & experience and demonstrate how you're the best fit for the project. Be specific about your approach to the project & highlight your relevant experience.
Submit your proposal: Once you've written your proposal, submit it to the client for review. You'll receive a notification if the client is interested in working with you.

How to Set Your Rates on Toptal?

Toptal freelancers can set their own rates, but it's important to be realistic & competitive. Here are some tips for setting your rates:

Research the market:

Do some research to see what other freelancers in your field are charging. This will give you an idea of what's competitive & what clients are willing to pay.

Consider your experience:

If you're just starting out, you may need to set your rates lower to attract clients. However, as you gain more experience & build your reputation on the platform, you can increase your rates.

Be transparent:

When setting your rates, be transparent about what's included & what's not. For example, if you charge an hourly rate, make sure the client knows what's included in that rate.

Negotiate:

Don't be afraid to negotiate with clients on rates. You can always adjust your rates based on the specific project requirements and client budget.

How to Build Your Reputation on Toptal?

Building your reputation on Toptal is key to getting more projects & earning more money. Here are some tips for building your reputation:

Be professional:

Always be professional in your interactions with clients. This includes communicating clearly & on time, delivering work on time, and being responsive to client feedback.

Deliver high-quality work:

Make sure your work meets the client's requirements & is of high quality. This will help you build a positive reputation on the platform.

Get positive reviews:

Encourage clients to leave positive reviews of your work. Positive reviews will help you build a strong reputation on the platform & attract more clients.

Frequently Asked Questions (FAQs):

What fees does Toptal charge?

Toptal charges a fee based on the freelancer's hourly rate, which is typically around 10-20%. However, this fee is only charged to the client, not the freelancer.

Can I work on multiple projects at once on Toptal?

Yes, as long as you can manage your time effectively & deliver high-quality work on time, you can work on multiple projects at once on Toptal.

How do I get paid on Toptal?

Toptal pays freelancers on a weekly basis through direct deposit or PayPal. Toptal takes care of all the invoicing & payment processing, so you don't have to worry about it.