When to raise prices

May 27, 2022

When is the right moment to raise your prices as a freelancer? Sooner than most freelancers do, as explained in this quote from The Freelance Way, chapter Pricing:

The vast majority of freelancers make the move to raise prices too late, when their workload is 100% or more — meaning that they are fairly bogged down by work stress. So they intuitively avoid raising prices all the more, because they want to avoid confronting client complaints. The result then is delaying a price increase for months or years, and an unfortunate state that is so chronic it can truly harm your health or reputation.

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