Charging low rates to get the client/job
What actually do you achieve by doing this?
1. You can get the job, YES
2. Is it worth your while doing the job at the low rate?, NO
No it is not. With each job you do you need to know that job is worthwhile to do, you need to have proper rates set up and remember you are running a business.
If this is just a game to you and you are doing this just to earn a little extra, it’s still not worth it to you as you are not being paid for your worth, you are seeing money, but what can that money buy for you from that task. What about your skill, experience and time you have spent doing the job, is that worth nothing to you. Going in at the lowest rate is not going to make money for your business, it sure want make profits. You will be running your business at a loss and is that the way to do business, not really, every good business person will tell you there is a need to make money to run your business.
Even if you charge low and take in job after job you are still losing out with your expenses that it takes to do the job. A VA should know with each job they do exactly what is involved. How long the job will take, what costs are involved as no matter what job you do there is a cost to you involved, be it your time, printer ink, electricity etc, there is a cost, these issue have to be looked at with your rates.
Wouldn’t it be better to win a job on your skills, attributes, knowledge, experience than to win because you put in a low bid for that job… Surely you have confidence in yourself to know what your skills are worth… Are they really worth that low rate! Interesting eh…
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