3 ms·

This is mostly a useless article. What does the 42 an hour represent? Is it for independent contractors filing 10-99's and is that their bill rate or their EBIT

This is mostly a useless article. What does the 42 an hour represent? Is it for independent contractors filing 10-99's and is that their bill rate or their EBITDA or their net income? Is it the average for salaried workers? (avg hours per year divided by salary). Did the average hours worked include only billable time or time spent on administrative tasks, company meetings and sales calls? Did they include part time workers and did they properly weight their contribution to the averages or just lump them in?

j45 13y ago
I disagree. Any conversation about learning to provide, and communicate value is valuable. If it's not through one particular lens, be it yours, or mine, it doesn't mean everyone has no lessons to learn that you have not learnt. 42 an hour represents an exchange of value for a customer. After a decade of doing this, there's as many opinions about consulting as there are consultants, myself included. Having tried hourly, monthly retainers, fixed fee, and contingency based pricing, they all have their merits relative to your skills and ability to deliver value. It all boils down to being able to add value in a productive way. I work fewer hours than I hever have, deliver bigger results than I ever have, and am making better money with better customers than I ever have. But, I started in the trenches like everyone. These details of how many hours and rates, and utilization rates are much more an issue without paying customers. I was very lucky to be able to get and keep long term customers, which I think is a topic unto itself worth learning more about forever.
- iamthepieman 13y ago
  ok granted. The last part of the article provides some generic useful tips on being a consultant. I was referring to the statistics and graphs which provide no context when I said it was useless.

j45 13y ago

I disagree. Any conversation about learning to provide, and communicate value is valuable. If it's not through one particular lens, be it yours, or mine, it doesn't mean everyone has no lessons to learn that you have not learnt. 42 an hour represents an exchange of value for a customer. After a decade of doing this, there's as many opinions about consulting as there are consultants, myself included. Having tried hourly, monthly retainers, fixed fee, and contingency based pricing, they all have their merits relative to your skills and ability to deliver value. It all boils down to being able to add value in a productive way. I work fewer hours than I hever have, deliver bigger results than I ever have, and am making better money with better customers than I ever have. But, I started in the trenches like everyone. These details of how many hours and rates, and utilization rates are much more an issue without paying customers. I was very lucky to be able to get and keep long term customers, which I think is a topic unto itself worth learning more about forever.

iamthepieman 13y ago
ok granted. The last part of the article provides some generic useful tips on being a consultant. I was referring to the statistics and graphs which provide no context when I said it was useless.