As coaches and consultants in solo businesses we all want to make a reasonable salary. There are certainly benefits to working on your own but sometimes getting down to paid work can be hard when there are so many other enjoyable activities to be had.

You know what I’m talking about:

  • coffee
  • lunches
  • drinks
  • blogging
  • reading
  • researching

All those things we like to do and convince ourselves to do because it will pay off in the end. But in the meantime, money isn’t coming in and we wish it was.

So, in my “reading and research” I came across a really great site Freelance Switch. Which, according to the subhead is a “Community & Resource for freelancers of all varieties - designers, writers, programmers, illustrators, photographers …”

There’s quite a bit there already but the post that caught my eye from Digg was “10 Essential Habits for Freelance Workers” and there’s plenty more where that comes from.

And a very kewl tewl (cool tool) is the Rates Calculator which allows you to calculate what you need to earn to support the lifestyle to which you want to become accustomed to. (Read that slowly.)

It’s something (calculating your hourly rate) that all consultants and coaches do from time to time and this was a simple yet reasonably comprehensive way to do a quick reminder of why you charge what you do.

Go check it out. Great site.

Comments

One Response to “Business Strategy - Calculate What You Want to Earn”

  1. Bill Paxton on January 4th, 2008 12:00 am

    Hello…Man i love reading your blog, interesting posts ! it was a great Thursday

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