johnny this is great to start out but if you keep doing it you will find
that you will get a lot of bad clients who don't value your work and
expect you to do a lot of extra stuff for free or request endless 
changes. That's typical of clients who look for extremely low cost
work. Be sure to set limits on what you will do and make sure
they value your work and trust you. Otherwise you will be driven
to insanity in time. Nice site BTW.
Jeff Oien

> Ok, I just started my own company and finished work for my first client
> (shameless plug here: http://www.alamosawinecellars.com).  The problem I
> had wasn't in pricing my work by what it's worth and how much time I put
> in it, but pricing it in a way that would work for my client.  I ended
> up making roughly $10/hr., maybe less, for the effort, but I ended up
> with an extra $1000 in the bank.  If I wanted to charge more, I would
> have had to take a walk and look for another client.  My price wasn't
> based on an hourly rate, but on the project and my client's company size
> and ability to come up with enough to cover my time.  The part of the
> project that took all my time is in a backend admin tool that allows the
> client to update their pages whenever they need.  The data is all stored
> in a mysql db.  Anyways, I have noticed that for some clients, like my
> first, charging too much will lose them.  For other clients, like medium
> sized companies, charging too little will send them hunting for someone
> else.  Very bizarre environment to work in, but my suggestion is to
> judge your prices based on the client's perspective.  Interview the
> client and try to get an idea of what they're looking for.  Look at what
> the client thinks they're getting.  Use anything you can to find out
> what the client's price range is and then set your prices in the middle.
> And also, everything can be negotiated.
> 
> my 2 cents...
> 
> johnny p. 

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