Got some side work doing independent consulting for a small business. They’re asking me to provide an hourly rate. The work is in building product development and PMO tools. $80/hour too much?

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Too low. I wouldn't settle for less than $150

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Waaaay too low. Have you hired a plumber recently?

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Did you not learn anything in consulting? Don’t charge by the hour, but by deliverable. Here’s your pitch “these PMO tools will increase your organization efficiency, saving hundreds of hours of manpower and cost. Your project managers will more clearly communicate and deliver better results. I charge $3000 to develop the framework and create all the customized tools & templates.”

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By the way, I charge $500 for delivery of sound advice. You can take it off the top of this deal. Jk, seriously good luck. Must be fun getting cool little gigs like this

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Is this a moonlighting issue?

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$80 is too low. I would go with $170-200

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Also make sure this is kosher with your firm!!

smart

I’m no longer in consulting, so not an issue with my current company. The work is only 5-8 hours for now. Still worth it to charge $100+? I don’t want to sound greedy lol

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Yes, fish up!! 🥖🍞🥐

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I’d say it depends on the market and your years experience. But give them a $180 standard rate with a discount of 33% to arrive at a bill rate of $120. :)

Just charge your prior bill rate minus whatever you would estimate the “price for the brand” is

How did you meet/acquire your client? What type of services do you offer?

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