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> - Never price at the top of the market. It's better to be 100% busy at 80% of the fee structure, than it is to be 50% busy, at 125% of the base rate. Wait, w
by boring_twenties 4y ago
> - Never price at the top of the market. It's better to be 100% busy at 80% of the fee structure, than it is to be 50% busy, at 125% of the base rate.
Wait, what?
I'm an FTE, never been a consultant. But personally, I would be ecstatic to give up 50% of my income in exchange for 6 months off per year.
Your numbers imply giving up only 21.875% of potential income, unless I'm mistaken. That seems like the mother of all no-brainers.
- ggwp99 4y agoTo be honest i think that at first 80% is better in order to grow a portfolio and credibility in the industry, then the 50% is great. I don't think anyone would take the highest base rate at the beginning anyway.