Why You're Tired (Even When You're Getting Paid)
What kind of money are you making?
I don't mean how much. I mean what kind.
There are two kinds of assets in every project — and cash is the only one people track.
Cash feels like winning when it lands. After the back-and-forth, the revisions, the scope creep you absorbed because it wasn't worth the conversation — the payment lands. And you feel, briefly, like it worked.
Client pays invoice. Money hits the account. You move on. You know this cycle intimately because you've lived it on repeat for years.
But here's what I've never heard anyone say out loud:
Cash is the weakest asset you can extract from a project.
The moment you receive it, the clock resets. Everything you built — the relationship, the insight about that client's industry, the process you refined under pressure, the proof sitting in that finished website — most of it just... evaporates. It doesn't compound. It doesn't feed the next project. It doesn't make next month any easier.
And next month, you start from scratch.
That reset is the source of feast and famine. Not the economy. Not the algorithm. Not Squarespace adding a new template builder that spooked your clients for six weeks. The reset.
The reset is why a fully-booked January can quietly terrify you. Because you know what February looks like. You know the math. The pipeline empties while you're delivering.
There's a downstream effect nobody talks about.
When cash is your only anchor, your selling energy is tied to your bank balance. Full pipeline, confident calls. Slow month, desperate calls.
You can feel the difference. You know exactly what it's like to get on a discovery call from a position of abundance — where you're curious, you're asking great questions, you're genuinely evaluating fit. And you know what the other version feels like too — the one where you're trying to sound relaxed but your internal monologue is running the math on whether you can cover next month.
The prospect on the other side of the conversation doesn't know they're picking up on your internal state. But they absolutely are.
This is how the cycle perpetuates itself. The slow period creates the very energy that makes it slower. You're not bad at sales. You're selling from the wrong foundation.
The best discovery calls you've ever had — the ones where the client was practically sold before you opened your mouth — those happened when you weren't depending on that particular call to work out. When the outcome was fine either way.
That wasn't luck. That was a glimpse of what it feels like when cash isn't the only thing anchoring your business.
The second kind of money is leverage.
I'm calling it money because it changes what you earn. But it's really the assets underneath the cash.
Leverage is what compounds. It's the asset underneath the cash. Every project contains it — and designers aren't taught to look for it.
A process that got repeatable — that's your delivery engine.
A case study that does persuasion work without you in the room — that's your conversion engine.
Positioning language so sharp a stranger would read it and say "that's exactly what I need" — that's your demand engine.
A system that transforms what used to be custom chaos into something faster, cleaner, and more margin-rich the second and third time.
That's the second kind of money. And unlike cash, it doesn't reset.
Here's what I told a recent cohort:
Your business isn't one thing. It's three engines running simultaneously.
There's an engine for delivering your work. An engine for converting prospects into clients. An engine for creating demand in the first place.
If your projects only feed the cash bucket — if you finish, invoice, and move on without extracting anything for those three engines — you'll feel it.
You won't always be able to name it. But you'll feel it as exhaustion. As the low-grade dread that a good month is just setting up a hard month. As that nagging sense that you're getting better at the work but the business isn't getting easier.
That feeling isn't a motivation problem.
It's a structural one.
I'm going to spend the next few posts mapping it out for you. Not so you have more to think about. So you can start seeing your current projects differently.
Because the shift isn't about doing more. It's about extracting more from what you're already doing.