If you’ve read even one post on this site, than you probably already know I’m a big proponent of fixed price/scope pricing. In this post I’m going to talk a bit about hourly pricing, because I still use hourly for some projects, but that’s another post.
Anyway, when I first started freelancing I had several hourly rates. I think somewhere around three… yes, three. Project Management tasks, Frontend development, and WordPress/backend development. Each were priced differently because there’s some assumed difficulty or expertise needed for each I guess.
I don’t know and it doesn’t make sense. I think ultimately I had a hard time justifying a high hour just to get on the phone with me. i.e. Lack of confidence in my skills and expertise.
If you’ve ever tried to keep track of a system like that for any length of time, you know how awful it is and how easy it is to mis-track something… possibly LOSING money.
So I started charging one hourly rate across the board because I don’t care if I’m building you the most complicated thing ever, or we’re talking about your project in a meeting or call. What your getting is my time for X rate per hour.
Time doesn’t care WHAT you’re doing, it’s all black and white to TIME.
Wether you’re sleeping or flying into outer space, time is time. And in my world time is often two things: billable or not billable.
That’s also the trap of billing hourly, but again, thats a different post for a different time.
Hell yes. If you’re working, you should be billing at the rate you personally value your time when working.