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by ChristopherM
4093 days ago
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I have always billed hourly, daily or weekly. I would never offer a "project" price. The client never really knows what they want, they just think they do. In order to properly estimate a project you have to know everything that needs to be done, then you have to draw up an iron-clad contract that prevents the client from claiming something new was, or should have been included in the price. It also gives the client no incentive to be economical with your time. By billing hourly their incentives are aligned with yours, they will want to waste the least amount of time possible in order to keep their billable hours down, they will drop features they really don't need, they will be unable to deny payment claiming the project wasn't completed. After all they are paying for your time, not for the result. The caveat of course is that you really have to deliver, and as you do they forget about the hourly billing. As long as they have problems and you keep solving them, they will just focus on getting their pain points taken care of. Something else to consider, if you want to make real money you are a "consultant" not a freelancer and certainly not a contractor. Also create an LLC or corp, I have found that clients don't flinch at all when I am a real business, nor do they try to offer me a job instead of a consulting gig. For 5 years I could not pick up a single side gig because the potential client would always offer me a job, but refuse to offer me the gig they claimed I was coming in for. I would always explain to them that I needed to make "real" money, trading one low paying salaried job for another slightly higher paying salaried job did not help me one bit. I needed the ability to make 2-3 times what the typical senior software engineer makes. They would get offended, I would leave. Funny enough it wasn't until I quit my salaried job, with no gigs lined up, no plans to get another job that the gigs started to happen. |
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Once I started saying I owned a business and stopped saying I was a freelancer, I could immediately charge more and my referrals got better. I was no longer the "I know a guy that does development" person. I became the "I know a web company" referral and companies are expected to charge more than freelancers.