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1/ Consulting favors inefficiency for high-leverage work. Hourly rates are constrained by silly benchmarks that signal "class" of work.
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2/ Many newbies agonize over project-based vs. hourly vs. risk-share. Those are simple to decide among based on nature of work.
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3/ Real problem: caste system. <$150/hr signals interchangeable mass-market. $150-200 signals entry-level USP, inexperience discounted.
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6/ The problem with this model is that since consultants above $200 sell uniqueness, benchmarking by hourly rate is PURE posturing.
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7/ Thing is, depending on WHAT you do, your *density* of work can be extremely high. This has nothing to do with class/experience/brand
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