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Hourly or Fixed Rate – Which Is The Better Way to Get Paid?

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¿Cuanto cuesta?

Mennyibe kerül?

Hoeveel kost het?

biyong-eun eolmaibnikka?

Tā yào duōshǎo qián?

Combien ça coûte?

How much does it cost?

Magkano?

Wouldn’t it be cool if you could speak the language of your clients regardless of where they are in the world? Imagine yourself establishing a deeper connection with them and earning their trust effortlessly because there is no language barrier. You probably won’t struggle building rapport with them because they would feel seen and heard, and genuinely understood.

Good thing, most Filipinos can speak English – the global language of business. In fact, many other nations admire us and prefer to hire Pinoys because of this. You don’t really have to study other languages in order to thrive in the international online freelancing landscape. If you can communicate in English you’ll do fine.

Having said that, there’s one topic that’s always been debated in the gig economy, and many freelancers are still figuring out how to communicate with clients about it: PRICING.

If you’re a newbie, this is probably not the most important thing you have to learn. But the sooner you become good at it, the faster your freelancing business will grow. Once you start dealing with multiple clients and experience growing pains, you will begin to realize the importance of being able to present and negotiate pricing for your services.

There are different ways to charge clients for your work but the two most popular ways are

1. hourly
2. fixed rate

What are the advantages and disadvantages of each pricing strategy? Should you use the same pricing for different types of services?

Catch this replay of this episode and see both sides of the debate and decide how you’d want to be paid.

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Jason Dulay

Jason Dulay

Jason is the founder and CEO of Work from Home Roadmap and VA Bootcamp. Aside from teaching Filipinos how to succeed working from home, he likes traveling, playing board games, and drinking coffee.

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