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by makalumhenders 4866 days ago
Philip, if you can raise your rates, then how is there a maximum income? We raised our rates until supply balanced demand.
1 comments

I have raised my rates again and again and I am still overworked. (Full disclosure: currently I am $800/hour).

The difference is that now I am working on much bigger deals for people who appreciate my value. I cannot tell you how important this is to my general sense of happiness.

That last is the killer - clients who are willing to pay more, turn out not to be fools but actually respect quality and don't waste your time.
How many hours do you book at $800 / hour?
Not too damn many, because of the pressing needs of running a business. If I can hit 100/month I am doing well.
That's still pretty damn good! Congratulations!