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The 2.1x Method for Freelancers
- You're Not Billing High Enough
- Narrated by: Donn Felker
- Length: 16 mins
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Summary
If you don’t bill high enough you’re not going to be able to pay what is necessary to run your business. Billing at a rate that is too low is a surefire way to fail in freelancing (and consulting).
Here's how it happens....
When you work for a company, they pay for....
- Health Insurance Dental Insurance Vision Insurance 401K
- Retirement Sick Days
- PTO
- Vacation Time
- Holiday Pay
- And Much More
Very often you don’t think about these things when you’re working full time at an employer. You get your yearly salary, and you figure these things are built-in. That’s not the case when you're freelancing. Failing to account for these costs and other expenses is how you end up not having enough to sustain a freelancing business full time. The 2.1x Method will show you how to find the minimum level of income you need in order to sustain and grow a freelancing business.