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Did you tell him you charge 3x as much? If so, how did the conversation go after that?
by jacalata 11y ago
Did you tell him you charge 3x as much? If so, how did the conversation go after that?
- charlesdm 11y agoI did not. I wanted to show him he could earn more (maybe not directly tell him I was making 3x), but he already got sort of annoyed/hostile when I brought up he could probably charge more, so I left it at that. I brought up it's usually more about value and trust than it is about the price of things. When a real estate broker sells a house for $500k, they (tend to) get 2.5% of the purchase price. That's a lot of money for basically showing people around, in most cases. But they do deliver significant value to the seller. Another example: I regularly work with a lawyer. He charges like a professional. We've worked together frequently on something during a 2 year period, and there's a trust relationship. He bills properly, like any professional would, but his billables are reasonable and he doesn't charge me as much as he does his other clients. Could I find someone cheaper to do the job? Absolutely. Will I go looking for someone else? Hell no, he's awesome at what he does and we work well together. We can also relate, since I have an interest in his area of the law and he has an interest in IT, which in turn leads to interesting conversations. Once you're past a certain price point, it's not about price, it's about value and trust. Too bad I couldn't show him that.