4 ms·

a weekly rate of € 5000? sorry, but seeing that i earn about a quarter of that per month i'm not sure ... i mean, with a weekly rate of 5k i'd work the whole of

by stefs 15y ago

a weekly rate of € 5000? sorry, but seeing that i earn about a quarter of that per month i'm not sure ... i mean, with a weekly rate of 5k i'd work the whole of january (and maybe feb if i'm feeling greedy) and take the rest of the year off.

masklinn 15y ago
You're not PPK though, I think. Also, it's a weekly rate for his consulting business, not personal income.
roel_v 15y ago
That's because you don't have a clue about running a business. What you get as an employee is not what it costs to employ you, and that's not what it costs to do it from your own company. I'd rather have him not give a discount. Why not let people pay for what they use? How did we get to a state where everybody expects everything to be handed to them for free?
- masklinn 15y ago
  > I'd rather have him not give a discount. Why not let people pay for what they use? How did we get to a state where everybody expects everything to be handed to them for free? Erm... you may want to note that this is a resource which has always been free and a major contribution to PPK's fame, which in turn is why he can quote rates of 5k€/week.
  - roel_v 15y ago
    Sure, but that's no reason for him to update stale content he has no use for for free. Of course the site is a loss leader for the guy's consulting services.
    - masklinn 15y ago
      > Sure, but that's no reason for him to update stale content he has no use for for free. Which is not what he's doing. Or did you manage to miss the 2500€ rate? He's just providing a reduced rate for history's sake.
      - roel_v 15y ago
        Yes of course, the 'discussion' was about people wanting stuff for free. And my point being that there's no reason for him to provide a 'discount' for the whiners who complain that $5000 is too much for a week of a consultant's work. It's a perfectly normal rate.
gjm11 15y ago
I bet you wouldn't. You might start off that way, but then you'd think "Hmm, if I do an extra few weeks I can buy a nicer car / a fancy new camera / a better computer / go on an expensive holiday / save up more money in case I get too old or too sick to work", and then after a few iterations of that it would be "Hmm, if I work an extra month every year then I can afford a bigger house" a few times. And, since this is consulting income we're talking about, every now and then it would be "Whoa, it was scary not being able to find any work for six months. Just as well I had a little money saved. I'd better work extra hard for a little while to build up my reserves again". Of course, you might be different. Some people are. But when you have the option of getting a lot more money for a modest amount of extra work, it's really hard not to do it.
rmc 15y ago
A typical rule of thumb while consulting is to charge double what you do if you were employed. When consulting you need to build up money to pay yourself for time when you're not working, but as a paid employee you'd get 'built in'. e.g. (a) 4 weeks holidays per year, (b) about 1 week illness, (c) 2 weeks(ish) publis holidays per year (d) 1 week (more?) of administration/taxes/form filling. Before you know it you can't work all 52 weeks in the year! And that implies you're working full time. Contractors often have lulls when they have no work. No work, no pay!

by stefs 15y ago

masklinn 15y ago

You're not PPK though, I think. Also, it's a weekly rate for his consulting business, not personal income.

roel_v 15y ago

That's because you don't have a clue about running a business. What you get as an employee is not what it costs to employ you, and that's not what it costs to do it from your own company. I'd rather have him not give a discount. Why not let people pay for what they use? How did we get to a state where everybody expects everything to be handed to them for free?

masklinn 15y ago
> I'd rather have him not give a discount. Why not let people pay for what they use? How did we get to a state where everybody expects everything to be handed to them for free? Erm... you may want to note that this is a resource which has always been free and a major contribution to PPK's fame, which in turn is why he can quote rates of 5k€/week.
- roel_v 15y ago
  Sure, but that's no reason for him to update stale content he has no use for for free. Of course the site is a loss leader for the guy's consulting services.
  - masklinn 15y ago
    > Sure, but that's no reason for him to update stale content he has no use for for free. Which is not what he's doing. Or did you manage to miss the 2500€ rate? He's just providing a reduced rate for history's sake.
    - roel_v 15y ago
      Yes of course, the 'discussion' was about people wanting stuff for free. And my point being that there's no reason for him to provide a 'discount' for the whiners who complain that $5000 is too much for a week of a consultant's work. It's a perfectly normal rate.

gjm11 15y ago

I bet you wouldn't. You might start off that way, but then you'd think "Hmm, if I do an extra few weeks I can buy a nicer car / a fancy new camera / a better computer / go on an expensive holiday / save up more money in case I get too old or too sick to work", and then after a few iterations of that it would be "Hmm, if I work an extra month every year then I can afford a bigger house" a few times. And, since this is consulting income we're talking about, every now and then it would be "Whoa, it was scary not being able to find any work for six months. Just as well I had a little money saved. I'd better work extra hard for a little while to build up my reserves again". Of course, you might be different. Some people are. But when you have the option of getting a lot more money for a modest amount of extra work, it's really hard not to do it.

rmc 15y ago

A typical rule of thumb while consulting is to charge double what you do if you were employed. When consulting you need to build up money to pay yourself for time when you're not working, but as a paid employee you'd get 'built in'. e.g. (a) 4 weeks holidays per year, (b) about 1 week illness, (c) 2 weeks(ish) publis holidays per year (d) 1 week (more?) of administration/taxes/form filling. Before you know it you can't work all 52 weeks in the year! And that implies you're working full time. Contractors often have lulls when they have no work. No work, no pay!