Good point Keith (BTW, hi - I met you at DCPHP BS last month) -- if you're over 40 hours/week, then it's time to increase the rate incrementally on the next few bids. But if you're under 40hrs/week (or whatever hours you seek), then you may have to reduce the rate. Supply and demand. Steve In a message dated 4/16/2008 8:56:11 PM Eastern Daylight Time, [EMAIL PROTECTED] writes:
On Wed, Apr 16, 2008 at 8:48 PM, Kristina Anderson <[EMAIL PROTECTED]> wrote: > rates. There is a reason I get 90% of the projects I bid on. If I > asked for $100 an hour, that would be great, but $100 an hour for 0 > hours is, well....zero dollars. I used to get 85%+ of the projects I was pitching... and working 60+ hour weeks for those projects. Then I talked with a few others and found out that I was charging less then half than I should have been. I steadily increased my rates over time and still get about 50-60% of the projects that I pitch. But the dollars work out even better than before. If you go too high, yes, you will win 0% of the projects... but this is an optimization problem from Econ 101: Qty Sold * Price = Revenue kc -- D. Keith Casey Jr. CEO, CaseySoftware, LLC http://CaseySoftware.com _______________________________________________ New York PHP Community Talk Mailing List http://lists.nyphp.org/mailman/listinfo/talk NYPHPCon 2006 Presentations Online http://www.nyphpcon.com Show Your Participation in New York PHP http://www.nyphp.org/show_participation.php **************Need a new ride? Check out the largest site for U.S. used car listings at AOL Autos. (http://autos.aol.com/used?NCID=aolcmp00300000002851)
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