Ten Signs You May Be Charging Too Little

[Toon]

Finding that pricing sweet spot where you make a great income without scaring clients away is one of the most asked about issues here on FreelanceSwitch. Today for your amusement, here are ten signs you might have gone the other way are charging waaay too little…

Number 10:
Your client mistakes your daily rate for an hourly one.



Number 9:
You’ve won every job you’ve ever pitched for.



Number 8:
Even though you work 80 hour weeks your income level qualifies you for welfare payments.



Number 7:
New clients are always asking what “the catch” is.



Number 6:
Clients pay your invoices in cash from their wallet.



Number 5:
Other freelancers regularly send you hatemail.



Number 4:
Your old clients don’t even bother asking you how much something is going to cost.



Number 3:
You never run out of work, yet you are subsisting on baked beans and 2 minute noodles.



Number 2:
Your 12 year old brother earns more spending cash than you flipping burgers.



…. And the number one sign you may be charging too little
Companies have been calling from India wanting to outsource their work to you.

Top Ten Signs You May Be Charging Too Little in The Lighter Side by Jack

[Toon]

Also have a look how gorgeous that site is. I love it, subscibe as well some interesting info

[247 Creative]

Amen to that!

Nice post Toon!

[Toon]

Top 10 signs you may be charging too much....


Number 10:
To justify the price on your quotes, you’ve started writing extra words that usually mean the same thing…
eg. Creation of Concept, Concept Development, Concept Refinement, Tweaking to Concept, Amendments to Concept ….


Number 9:
You’re still living off a job you finished in 2005.

Number 8:
Even large clients ask to pay you in installments.

Number 7:
Clients ask if you are perhaps quoting in Singapore dollars even though you live in Ohio.

Number 6:
When you mention that a change request is going to incur additional charges, most clients start to hyperventillate.

Number 5:
No-one ever hires you twice.

Number 4:
When presented with an estimate, clients often say things like “If you didn’t want to work with me you could have just said so”.

Number 3:
When you tried to use the FreelanceSwitch rates calculator your computer exploded.

Number 2:
When you hear how much your lawyer charges per hour you think ‘peh, small fry!’.

…. And the number one sign you may be charging too much
You have reportedly charged *cough* $700,000 for this logo…

[dannynosleeves]

Originally Posted by Toon

Also have a look how gorgeous that site is. I love it, subscibe as well some interesting info

I love that site as well! Smashing Magazine is aslo a good one...

Great post Toon!

[ianm]

i wouldn't go so far as to say it was gorgeous, smashing magazine is good yeah