Tommy, I have actually emailed that to someone in the past that asked for 6-8 logo comps as an example of my skills so he could decide between me and 3 other designers. This was back when I was trying out craigslist to obtain design work. I found it to be a waste of time for me.
I despise SPEC, I got ripped off once big in college and I have been extremely anti-spec as a result...
Now I work mostly through word of mouth referrals and marketing efforts (direct mail, cold calling, etc.) I find these jobs to be way more profitable and fun.
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