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Found a stat that made me scrap my whole pricing model
I was reading a report from a small business group in Portland last week. It said 62% of new service businesses fail because they undercharge, not because they don't get enough work. I always thought the hard part was just finding clients. My own numbers showed I was working 60 hour weeks but barely paying myself. I doubled my rates for new clients starting this month, and the sky didn't fall. Has anyone else had to make a big pricing jump to actually make a living?
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