Charging for your time
#4340450
02/26/14 12:46 PM
02/26/14 12:46 PM
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Joined: Apr 2010
NM
HD_Wildlife
OP
trapper
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OP
trapper
Joined: Apr 2010
NM
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Just a quick anecdote. When we first started our company coming from an agency position where I provided technical advice and help without needing to ask for money, one of the first problems I had was believing in my value (though I knew I had value).
I still give away more of my time than I'd care to admit, or that my wife would care for, but I've gotten far better at not feeling any remorse when putting a bid together for what is needed to do the job and earn a living.
Though I've gotten better, I realized the other day that I need maybe to take a page from the world of attorneys and medical professionals.
We recently consulted an attorney for some patent expertise and ended up putting them on retainer (not something I ever expected to be doing in life).
Up to the point where we put them on retainer they would answer my emails and questions freely with a sentence or two.
After the retainer was in place I realized last week when a bill came that every question I ask via email, results in a billing for the response of .20 or more hours at their hourly rate even if the response is one sentence (literally).
So thought I'd post this just to say, it took me two years of startup to realize, that the norm in society is to charge for your time and if you know what you are doing, you shouldn't devalue that time.
***
I will never bill someone for the kind of things a lawyer can (or is required to as they'd say), but I do realize in order to thrive and succeed you can't let free or cheap be your monicker.
Best,
Justin
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Re: Charging for your time
[Re: HD_Wildlife]
#4341118
02/26/14 06:04 PM
02/26/14 06:04 PM
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Joined: Jul 2008
mequon, wisconsin
Paul Winkelmann
trapper
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trapper
Joined: Jul 2008
mequon, wisconsin
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Justin, I don't know anything about the finances of New Mexico but I know a lot about southeastern Wisconsin. We have some of thriftiest people on earth. ( I know, I'm one of them ) Okay, with one exception. If you are our waiter or waitress, you will receive a 20% tip. In the land of the 15% tip, my wife and I are treated like Gods and Goddesses!
Once again, I'm straying from my point, which is, if you are the only employee of your company, and reasonably young, there is only one thing that is stopping you from making as much as your local attorney. And that is, amount of clients. I know from personal experience that you can have 60% or more of your inquires turn you down and still make some reasonable six figure wages. Will you be happy? That's entirely up to you and your family.
I recently wrote this on-line and I think it pertains to nearly all of us. If I make $30,000 a year busting my butt and you make $300,000 a year doing practically nothing, but I am a lot happier with my life than you are, who's the winner?
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Re: Charging for your time
[Re: Paul Winkelmann]
#4342016
02/26/14 11:00 PM
02/26/14 11:00 PM
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Joined: Apr 2010
NM
HD_Wildlife
OP
trapper
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OP
trapper
Joined: Apr 2010
NM
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If I make $30,000 a year busting my butt and you make $300,000 a year doing practically nothing, but I am a lot happier with my life than you are, who's the winner? Paul, I couldn't agree more with your whole post, but this last statement especially, Eric has said similar things many times, lots of folks would be considered part timers but make good money or what they want to make, enjoy the work load and so forth. I'm all about the balance and happiness where it can be found. Most guys work me under the table in quantity of jobs, but the jobs I do I enjoy, the clients I choose to work for I enjoy and my bottom line works for me, which as you say, that is the important part for some of us.  Good reply!!
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Re: Charging for your time
[Re: HD_Wildlife]
#4343868
02/27/14 07:22 PM
02/27/14 07:22 PM
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Joined: Jan 2014
Mid-Michigan
Scott Ursiny Sr.
trapper
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trapper
Joined: Jan 2014
Mid-Michigan
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After reading volumes in the archives and listening to numerous podcasts, I can quickly see the value in charging for your time versus charging by the animal or other methods that I have used. That last beaver that just doesn't quite want to comply can sure turn into a loss real quick! I appreciate the well though out responses here.
Scott Ursiny Mid-Michigan Animal Control 616-841-8144
"As for me and my house, we will serve the Lord."
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