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Nobody here can tell you where your rates should be. All the variables involved are just too personal for anyone to be throwing around set numbers. If you fee
by gexla 15y ago
Nobody here can tell you where your rates should be. All the variables involved are just too personal for anyone to be throwing around set numbers. If you feel that you aren't where you would like to be, then raise your rates.
The biggest problem I see here is that you are working far too many hours to be running your own business. If you are having to work 10+ hours per day and weekends for your client, then you probably aren't spending time on the sorts of things that would allow you to raise your rates (such as networking and marketing.)
You guys need to cut your hours. If you are really working 50+ hours per week then you are going to burn out and it's going to kill your business. That's in addition to all the other things which are already stunting your business. Also, you only get a certain number of productive hours per day as a developer with no stake in the project you're working on. Any hours after that point are half-assed hours. If that's not true right now, then it will be in the near future.
Tell the client that you need to cut down the hours for each developer to something under 40 / week. You guys need to have a life. If you absolutely can't drop below your current work-load, then consider hiring or locating another contractor. You should probably be attempting to pick up other clients. The more clients you have, the more "luck surface area" you build. In other words, the more contacts you make, the more opportunities pop up. New opportunities are great for giving you new ideas, landing sweet gigs, developing new skills and potentially opening up new business possibilities.