Stay focused!
Freelance graphic designs are for experienced people who have the audacity to take a bigger step and plunge into an independent business. Your gains will barely cover survival expenses sometimes, and you have to stay focused on the bigger long term benefits to get through rougher times.
Volunteer yet don't undersell!
Underselling and volunteering for certain projects gains you some exposure for paid freelance graphic design. This works for the initial few months, however, you have to make sure that you don't bury yourself in work without getting paid enough at some point. Even if you've worked very cheap for a client that now returns with a bigger work volume, you should explain the need to raise the pricing because of the work load and the costs of the company.
Pay attention to price quotes!
It's a major problem when you send a certain price quote for a freelance graphic design project and you later discover that it is a lot more work than you initially suspected. Some clients try to impose themselves on the freelancer claiming that it's a small and easy project that should be done cheaply. You have two choices under the circumstances: leave the job or persuade them otherwise. Don't take any job without assessing the tasks and seeing all the materials. It is highly important for successful freelance graphic design that the pro settles for a price that matches the invested hard work.
Use marketing strategies to spread the word!
Freelance graphic design ought to be properly advertised in order for the designer to feel happy with the work flow and the income. Satisfied clients tend to recommend you further on, and if you provide top notch quality, you will soon find yourself in the need to expand your make money online business. While this is a good thing, proper management of the business and adequate marketing techniques will allow you to determine the right time for company expansion.
All in all, there are many ways to grow a freelance graphic design business. Yet, as long as you have been in the design domain for long enough, you will have the information required to make the daring move of going independent.