What’s goin on??

 

I think it’s time we spent a month talking about hourly rates because right now? Tweaking that part of your business can make the difference between stressing out trying to make ends meet and thriving.

 

Playing with your hourly rates is your freelance super power.

 

You move from averaging $50 to $200/hr, and all of a sudden, you’re making 4x as much for the same work and slow periods don’t feel all that bad.

 

But to know when and how to make a jump like that, you have to be measuring.

 

Outside of charging by the hour (which isn’t a great idea for freelancers...hit me up if you want to know why, or read this) I’m not a big fan of super formal tracking, but I do make sure I have a general idea of what I’m averaging in any situation.

 

Every now and then I’ll take a project and track how long it takes me vs. what I’m being paid. Then I’ll make a mental note and maybe even a formal note for that client if things seem off.

 

So that’s where we’re starting.

 

If you’ve never measured any type of hourly averages for your work, do that this week and let me know what you see. (It’s going to be really informative as we work through the check-up this month.)

 

 

 

Megan

 

P.S. Want to discuss your rates? Do that on this post on the Academy board.