4 ms·
As a budding freelancer, I will try to have a talk about the value I bring instead of rate per hour. My point is while it might not happen that a business owner
by Xc43 9y ago
As a budding freelancer, I will try to have a talk about the value I bring instead of rate per hour. My point is while it might not happen that a business owner tells you how much value he got out of you, you now know that's what he thinks and charge accordingly.
- putnam 9y agoIs it working for you?
- Xc43 9y agoI found a client in one week. I have no portfolio but have worked at a local online ERP company for one year. And before that finished university in CS. Headhunters was not the way for me. Nor the big websites for freelancers. I found a website for freelancers in my region and applied to two projects. Got one. But went in with a hourly rate.
- mgkimsal 9y agoYou have to be able to size up their market, their company, some idea of sales/volume/revenue/etc. Sometimes it's easy to ballpark, perhaps based on headcount (even assuming part time workers, you could probably ballpark $50k per person - a 50 person company would be grossing ~$3m/year just to stay open in the US, I'd think, but in most cases it would probably be 50-100% more than that, depending on industry, location and type of workforce). Looking at a small company that's pulling in $500k, there's almost no way anything you do for them service-wise would be worth $300k to them (short of you taking over operations or similar). For a company pulling in $50m, there's almost certainly $300k of value you could bring to some department, doing probably the exact same work you might do for the $500k company.
- Xc43 9y agoCool thanks. My first client told me their sales is mid hundred millions CAD. And they are expanding into other industries that require my skills. So in all likelihood their revenue will go up. I guess I was lucky by finding them without screening them. I will keep an eye for that in the future, thanks.