>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. 

Actually when thinking about the projects which I`m making for one
company, 
they end up being 10/h (not $) as well. 

>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.  

I know, that part takes most of my time as well, but I`m working on some
good 
template which would make my future jobs easier and cheaper as well (for
the clients).

>Anyways, I have noticed that for some clients, like my
>first, charging too much will lose them. 

Right. Usually, when dealing with companies I aleady know, I first listen
them out, give my suggestions and views about it, ask what they think
about them, and then ask if the sum is ok for them (the sum that I have
thought about). I usually give a bit higher one first, I guess quite many
of us do it, many companies like to get the price lower, even if it wasn´t
high at all, so now as I have the possibility to lower the sum, I will do
it. But still, you can´t set the price too low, I would suggest never to
do it, maybe only for friends (for them, why not for free).

>For other clients, like medium
>sized companies, charging too little will send them hunting for someone
>else. 

You are probably right. But as a freelance, you can sometimes afford
asking them maybe even 3-4times less than some big web development company
would. 

>And also, everything can be negotiated.

One of my mottos:-)


Siim Einfeldt
[EMAIL PROTECTED]


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