Tersosity & Verbosity

Consulting Fees

Posted in Business, Economics, Technology, Work, money by Jay on the June 28th, 2008

This is good post on determining consulting fees, even if it does date back to January. I famously have trouble with pricing, which may be tied up somewhat with self-esteem and excessive desire to please others on my part, and ironically it’s probably low pricing that’s left me with a lack of business and prospects. Obviously you can’t sell to those who can’t or won’t pay a given amount, and competition is ever a factor, but in all reality I need to charge $100 n hour and put in plenty of hours in order to earn realistic income from a support the family perspective. That should be a powerful incentive not to charge $50 to spend 6 hours updating a web site, or $80 to spend 4 hours, or $112.50 for 9+ hours on a POS system update underpriced and misleadingly described. Or you would think.

4 Responses to 'Consulting Fees'

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  1. Sterling "Chip" Camden said, on June 28th, 2008 at 2:37 pm

    Thanks for the “drive-by link” to my TR article.

    Good luck, and don’t undersell yourself!

  2. links for 2008-06-29 -- Chip’s Quips said, on June 29th, 2008 at 3:34 am

    [...] Tersosity ยป Consulting Fees Why do we consultants repeatedly undersell our services? Is it so we won’t feel guilty taking a gaming break? (tags: consulting fees) [...]

  3. Tersosity » Selling Those High Fees said, on June 30th, 2008 at 7:58 am

    [...] an amusingly related not to my consulting fees post the other day, here’s a post on how to sell overpriced services. The dressing part feels [...]

  4. Tersosity » Imposter Syndrome said, on July 1st, 2008 at 6:20 am

    [...] always had trouble battling imposter syndrome, which ties into my trouble charging a lot and accepting too little income, as I discussed with the recruiter yesterday. Not that it helps for [...]

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