Question about the 'just raise your rates' advice I keep seeing

I watched a friend in Chicago lose three steady clients after a 40% hike he wasn't ready to back up with better work. How do you actually know when you've earned that increase?

2 comments

2 Comments

uma_reed2614d ago

Oh, that's a tough lesson. You've earned it when clients start asking for more than the original job, or when you're turning good work away. It's not just about time served, it's about the extra value you bring now that you didn't before. A 40% jump needs a clear reason you can point to, like a new skill or much faster results.

torres.drew14d ago

Raised my rates after showing clients, like @uma_reed26 said, how much faster I got the same great results.