tag:blogger.com,1999:blog-22311364.post1159952027633387182..comments2024-03-27T21:40:39.130-07:00Comments on Small Biz Thoughts by Karl W. Palachuk: What Do You Need to Charge per Hour?Karl W. Palachukhttp://www.blogger.com/profile/10854725002875547297noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-22311364.post-39071002258714807512018-03-15T07:50:48.611-07:002018-03-15T07:50:48.611-07:00This comment has been removed by a blog administrator.YIChttps://www.blogger.com/profile/14504250085171021857noreply@blogger.comtag:blogger.com,1999:blog-22311364.post-29325196644576832082018-03-12T09:10:14.768-07:002018-03-12T09:10:14.768-07:00Thanks for the comment, Andy. Just FYI - I don'...Thanks for the comment, Andy. Just FYI - I don't have a piece of paper either. My college degrees are in English and Political Science. <br /><br />What I *DO* have is many years experience. Over the years, I have passed several Microsoft exams. Most of those are product-specific, so the knowledge becomes less useful over time. But I'm a huge believer that any certification you get can be leveraged in marketing.<br /><br />Before I had any certs, I was 100% self-taught. And I just decided to start at $100/hr.<br /><br />I hereby declare you to be worth $100/hr. There. That was easy!Karl W. Palachukhttps://www.blogger.com/profile/10854725002875547297noreply@blogger.comtag:blogger.com,1999:blog-22311364.post-73356653086429884432018-03-11T14:31:02.210-07:002018-03-11T14:31:02.210-07:00Great post and probably one of the timeliest piece...Great post and probably one of the timeliest pieces I've ever read. Currently plotting to really make the jump from break-fix to MSP and not a week ago I bought/read MSIAM and started thinking about raising rates (currently one of those sub 75/hr guys myself). Funny enough the numbers I arrived at are right in-line with your table so it's great to know I should hopefully be "in the ballpark". <br /><br />On the subject of value, I think my (and probably others) biggest hurdle is having enough confidence to charge that kind of rate. I'm entirely self-taught, run a one-man-shop and even though I've been doing this for over 10 years, I don't have that shiny piece of paper that says "this guy knows his stuff" and as a result (for me anyway) that tends to kill the confidence level of saying "Yes, I'm worth $100+ an hour.". But it's a hurdle you've just got to clear because, if you can't be confident that you can charge that rate, you probably are going to be better off to: "STOP playing around in this industry and go get a job".<br /><br />Overall, it is and will continue to be a big mental/psychological shift to get there ("there" being an actual business model that isn't just glorified enslavement) and it's both exciting and terrifying at the same time.AndyChttps://www.blogger.com/profile/06003913642445695640noreply@blogger.comtag:blogger.com,1999:blog-22311364.post-49486416122835679752018-03-10T17:59:26.825-08:002018-03-10T17:59:26.825-08:00Absolutely true. Work/Life balance!Absolutely true. Work/Life balance!Karl W. Palachukhttps://www.blogger.com/profile/10854725002875547297noreply@blogger.comtag:blogger.com,1999:blog-22311364.post-89148755698249186402018-03-09T09:52:03.666-08:002018-03-09T09:52:03.666-08:00Keep in mind these numbers don't account for y...Keep in mind these numbers don't account for you having any time off. So, you wouldn't have any time to take care of yourself or your family if they got sick. When someone works non-stop eventually they break in some form. Make sure when your calculating your rate, you are allowing for life to happen. If you don't, your simply working at a job for a terrible company that doesn't care about it's employees. Michael Baylesshttps://www.blogger.com/profile/15641668358006958276noreply@blogger.com