I originally started consulting in 2009 after being laid off; I had a client in two days (acquaintance already) at $50 an hour. Three and a half years later my advertised rate is $125/hr or $800/day, with a few clients being grandfathered into lower rates (usually only if I know they're on a tight budget and have a decent amount of work in the pipeline).
Don't misunderstand me: I have lost clients because I raised my prices. Maybe that was a failure on my part to adequately explain the reasoning behind the increase and the value they were getting. Regardless, those aren't the kinds of clients I want anyway. I don't want to deal with someone complaining their invoice is $1480 instead of the $1450 I estimated.
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I originally started consulting in 2009 after being laid off; I had a client in two days (acquaintance already) at $50 an hour. Three and a half years later my advertised rate is $125/hr or $800/day, with a few clients being grandfathered into lower rates (usually only if I know they're on a tight budget and have a decent amount of work in the pipeline).
Don't misunderstand me: I have lost clients because I raised my prices. Maybe that was a failure on my part to adequately explain the reasoning behind the increase and the value they were getting. Regardless, those aren't the kinds of clients I want anyway. I don't want to deal with someone complaining their invoice is $1480 instead of the $1450 I estimated.