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Is Hourly Billing Really Nuts?

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Manage episode 328581538 series 3024020
Content provided by Jonathan Stark and Rochelle Moulton, Jonathan Stark, and Rochelle Moulton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jonathan Stark and Rochelle Moulton, Jonathan Stark, and Rochelle Moulton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When you’re working like a dog (earning maybe $100-$250K billing hourly on a site like Upwork or from an agency or two) without real positioning—and you’re ready for a more livable alternative.

When you’ve just left corporate life and are first hanging out your shingle as a freelancer or consultant.

When you’re so new at your craft that you’re actually not that good yet.

And even where we could make an edge case for hourly billing, we get hyper-specific on when/how to gracefully transition out.

Quotables

“They like the promise of not feeling like they're losing $200 an hour when they're on vacation.”—JS

“Just go back to your source of leads…and significantly increase your hourly rate.”—RM

“Why would anyone feel obligated to pay you some amount of money per hour because you decided to have a really expensive lifestyle?”—JS

“It's a very rare person who comes right out of corporate and says ‘I'm going to do productized services. Here's what they are. Boom. Let's go’.”—RM

“I don't think it never makes sense to think about how many hours something's going to take you to do, just don't base your prices on it.”—JS

“Hourly rates just exacerbate that inner discussion about whether or not you're worth it.”—RM

“Productized services make it easier for you to hit a home run, to deliver positive ROI, to get a great testimonial.”—JS

“Offering productized services gets rid of a lot of extraneous BS because you are hyper-focused on delivering only the things that you are really good at delivering.”—RM

LINKS

Rochelle | Email List | LinkedIn | Twitter | Instagram
Jonathan | Daily List | Website | Ditcherville | LinkedIn | Twitter

  continue reading

327 episodes

Artwork

Is Hourly Billing Really Nuts?

The Business of Authority

24 subscribers

published

iconShare
 
Manage episode 328581538 series 3024020
Content provided by Jonathan Stark and Rochelle Moulton, Jonathan Stark, and Rochelle Moulton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jonathan Stark and Rochelle Moulton, Jonathan Stark, and Rochelle Moulton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When you’re working like a dog (earning maybe $100-$250K billing hourly on a site like Upwork or from an agency or two) without real positioning—and you’re ready for a more livable alternative.

When you’ve just left corporate life and are first hanging out your shingle as a freelancer or consultant.

When you’re so new at your craft that you’re actually not that good yet.

And even where we could make an edge case for hourly billing, we get hyper-specific on when/how to gracefully transition out.

Quotables

“They like the promise of not feeling like they're losing $200 an hour when they're on vacation.”—JS

“Just go back to your source of leads…and significantly increase your hourly rate.”—RM

“Why would anyone feel obligated to pay you some amount of money per hour because you decided to have a really expensive lifestyle?”—JS

“It's a very rare person who comes right out of corporate and says ‘I'm going to do productized services. Here's what they are. Boom. Let's go’.”—RM

“I don't think it never makes sense to think about how many hours something's going to take you to do, just don't base your prices on it.”—JS

“Hourly rates just exacerbate that inner discussion about whether or not you're worth it.”—RM

“Productized services make it easier for you to hit a home run, to deliver positive ROI, to get a great testimonial.”—JS

“Offering productized services gets rid of a lot of extraneous BS because you are hyper-focused on delivering only the things that you are really good at delivering.”—RM

LINKS

Rochelle | Email List | LinkedIn | Twitter | Instagram
Jonathan | Daily List | Website | Ditcherville | LinkedIn | Twitter

  continue reading

327 episodes

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