How I Made $14,400/hr Fixing WordPress
petersenmediagroup.com
petersenmediagroup.com
To put it in strictly economical terms, it would have taken the client more than $120 worth of her time to develop the expertise necessary to fix the problem. Thus, paying $120 for the fix - no matter no long it actually takes - is worth it for her.
I used to do this sort of work in high school. I got to know a bunch of bugs in IE and when people were having trouble I'd help them for money. There were times when I'd net over $100/hour, but they were few and far between.
We basically just fired up some crack scripts and let them run, then charged him (what we thought was) a lot of money.
Only later did I realize why he was so happy with the deal, and seemed to think he'd gotten a bargain -- without the admin password he couldn't generate any bills.
I would wager that the amount of receivables in the system exceeded what we charged by at least one order of magnitude, maybe two.
Or Extrapolation Gone Bad
As said, the the article itself was good though.
And yet I've been told by other more seasoned pros that I should be charging three times what I am. It's kind of ridiculous how people can shortchange themselves.
What would be the price setting methodology, i.e. how would this person charge in a case when smth truly innovative would need to be developed? :-)
Perhaps because they are focusing on the linkbait title rather than the message (which is often repeated). Stop worrying about thinking you are ripping people off because something is so simple for you to do and put your efforts into providing value to someone who doesn't know what you know.
The only reason you can charge for what you know is that you did something before or spent time learning it. You know something that someone else doesn't know. I've had wordpress problems and would easily pay $120 to avoid hours worth of research and work (unless as sometimes I enjoy the challenge and have the time to do that work but that's not business it's technotainment I guess.)