Frankly, I don't know if it's a good rate. I shoot for 80% utilization of my time. If I get busier than that, I raise my rate. So that's the simple algorithm that got me to $300/hr now. I don't think I'd want higher utilization than 80% anyway. You need time to do bizdev etc.
I used to kill myself with 60 hour weeks a long time ago though. That wasn't smart.
I've never had to lower my rate. There were lean periods where I was "between projects" for a couple of months. I just considered this a much needed time off to catch up on my reading list.
I used to kill myself with 60 hour weeks a long time ago though. That wasn't smart.
I've never had to lower my rate. There were lean periods where I was "between projects" for a couple of months. I just considered this a much needed time off to catch up on my reading list.