How much should I charge for consulting?
In June of 2013, we were pinched for money, and a client asked us to come down from $16,000 to $11,000. I said no, with my stomach in knots. A few weeks later, they came back and said okay.
How to get out of the feast-or-famine cycle as a consultant
In 2019, I ran up $100,000 in credit card debt investing in a new business, and I felt more financially secure than I did five years earlier, when I had $100,000 in the bank but didn't know how to reliably make money.
Consulting retainers: are they worth it?
Rhonda's first client was her former boss, at $10,000 a month, and she quickly landed a second at the same rate. "This owning a business thing is easy!" Within 60 days she went from collecting $20,000 a month to no clients and no income.
Should consultants charge by the hour or by the project?
Years ago I hired someone who insisted on being paid by the hour, and spent the first 10 minutes of our weekly calls asking about my day. All I could think was, "Get to it! I'm paying you for this time."
How much can a solo consultant make?
When I joined the EO Accelerator, the people running million-dollar businesses were the ones we were supposed to look up to. We were the little guppies. Then my mentor, whose company did five times my revenue, mentioned that he was taking home less money than I was.