Getting Paid
The terms that stop it happening, the invoice that can actually be paid, and six messages to send in order when it happens anyway.
The floor below which work costs you money, what moves a price above it, and the arithmetic of a rise that shows you can lose two clients in ten and still be ahead.
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The problem
Pricing gets treated as a confidence problem, which skips the hard part: almost nobody knows what their own work costs them to be available to do. So they divide the income they want by the hours in a year and get a number that ignores both their business costs and every unbilled hour.
Contents
How it works
Before anything else. It is the input everybody overstates and the one the answer is most sensitive to, so guessing it wastes the whole exercise.
Four numbers and two divisions. Fifteen minutes. The result is not your price, it is the line below which taking the work makes you poorer than not taking it.
Hours all in, including the calls and the chasing and the small favours. There is usually at least one client below the line, and finding out is the point.
Before you raise anybody you already work with. It costs nothing and it tells you quickly whether the number is wrong.
Outcomes
Fit
Anybody who sells their own time or work and has to say a number out loud, especially in the first few years, when the rate is usually one inherited from whoever they last worked for.
Specifics
Questions
No, and no honest document could. It gives you a floor from your own numbers and a method for the distance above it. There are no rates anywhere in it, because a rate here would be from somebody else's trade in somebody else's city and would be stale by the time you read it.
No. They are illustrative, they say so in bold beside both calculations, and the document is explicit that they are not a recommendation. What they are for is showing that the arithmetic works, and both worked examples are recomputed on every build so the sums you are invited to copy stay right.
It has no region and no currency claim. The method is the same anywhere. The one jurisdiction note it does make is that coordinating prices with competitors is illegal in Canada, the United States and most other places, which is worth knowing because it happens in trade groups.
That is why part 5 leads with the arithmetic rather than the encouragement. Ten clients, a thirty per cent rise, two leave, and you are ahead on eight. Seeing how much has to go wrong before a rise fails does more than being told to back yourself.
No. The floor is before tax, and what you keep depends on where you are and how you are set up. The guide says so and points at an accountant, which is the honest answer rather than a guess.
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Next
The terms that stop it happening, the invoice that can actually be paid, and six messages to send in order when it happens anyway.
A list of ninety real people, a definition narrow enough that a friend can refer somebody, one offer with a price on it, six messages, and twelve weeks of a weekly habit.