AAAAA NO NO NO NO NO NO This formula is your RATE FLOOR. It’s almost never your rate.https://twitter.com/xavierck3d/status/1093937746958143488 …
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But here they’ve _literally taken a personal budget_ and projected a rate from it. That is the only input to their formula.
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At least the market has _something to do with_ rate formulas derived from salaries.
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FWIW, my successful "formula" was "Reread the high tech antitrust settlement wikipedia page and then quote each new client
$X more than the last one until someone says no" -
Interesting, why the high-tech employee anti-trust settlement? I just read it and I'm not sure how it relates.
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someone should do an online pricing course aimed specifically at freelancers and consultants. With practice negotiation drills and all. Compare results, see how your peers do during the class.
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all this "obvious" stuff requires: - information - knowledge of behavioral economics - some game theory - practice not tied to actual field performance, like athletes do
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