At TechOctave I run a tight ship. That means I bill every two weeks (Net 15). But, more importantly, I bill on a Time-and-Materials basis. Over the years, I’ve found T&M to be the best billing practice because it allows me to decouple the value of my services from my client’s perceived value of his project.
If you’re new to running a development shop, you’re probably okay with billing on a Fixed Bid basis. But, unless you’re billing into the millions, fixed bid is a losing proposition for you and a losing proposition for your client!
Nathaniel Talbott of Terralien fame, in his awesomeness, has put together a video explaining the Five Skills Every Freelancer Must Have:
I took the liberty of jotting down notes from the video, so you could spend your time enjoying his talk. Here are the Five Skills Every Freelancer must Have:
Have you learned any other helpful tips for freelancers? Leave a comment and we can discuss your experiences.
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