what should i charge?
Post on 17-Oct-2014
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Watch the full vide of the talk at Modern Tribe: http://tri.be/what-should-i-charge/ The most common question I get when speaking to new, and even experienced, freelancers is "What should I charge?" How should I set my rate: http://tri.be/are-you-working-for-free/ Hourly or Fixed: http://tri.be/charging-hourly-vs-fixed-price/ How much will I make this year: http://tri.be/freelancers-guide-to-sales-measuring-your-sales-pipeline/ I have a formula I use to raise or lower my rate, as well as some key strategies you can use to set up a good game plan. The key is to be intentional and strategic. This talk was given at International Freelancers Day 2011: http://www.internationalfreelancersday.com/TRANSCRIPT
I Charged What The Industry Told Me To
When you have no idea how to price your work, the clients you find will gladly decide for you.
Until The Day My Wife Wanted a House When a job or industry defines your income, it defines your lifestyle.
WITH BUSINESS EXPENSES: $6,000
1. Rents & Utilities 2. Equipment 3. Advertising / Marketing 4. Professional Services
HOW MUCH TIME DO YOU ACTUALLY BILL?
I legitimately billed an average of 30 hours per week and needed to gross 6k per month.
$6,000 / 130 hours = $46 / hour.
Hint, the average weeks per month is 4.33
Until I Had to Do Some Sales
A rate is simply a reflection of the demand for your services. When your product is YOU, sales defines your rate.