1. Title:15 - SelectingMore Moneyand LessRisk Projects
Learning Objectives:
1. Understandinghowtocalculate if youare chargingthe right rate for the job
2. Understandinghowtoidentifyhigh-riskassignments
Description:
Freelance jobscome inall types andsizes.Asasuccessful freelancer,youmustknow how to
charge the rightrate forthe joband alsobe wary of any jobsthat mightbe exploitative.There’sa
science toit,you don’tneedtoguess.The rightquotingrate can be calculatedbyfirstcalculatingthe
minimumrequiredrate (MMR) whichis(Your total expenses)/(Totalhourstowork) andthenlookingat
the Market Rate whichiswhatothersare chargingon the website forsimilarjobs.Yourquote shouldbe
betweenboththese rates.Toidentifyhighriskassignmentsthere are some tricks.Highriskassignments
have undisclosedsubmissiondates,theypushyouforhourlyratesonlyandtheyare givenbyan unrated
client.