The time I made $500 an hour

"What’s the most you’ve ever made per hour?" writes Pablo Martinez. I’d have to say $500 an hour. I was working for a major US client where I was getting paid by the project.

When I estimated the project, I’d anticipated lots of hiccoughs in the project. So I set my consulting fee for each deliverable at $500. As it turned out, the client was a dream to work with. They accepted each piece of the project without question. I’d anticipated time for going back and forth, returning phone calls, making revisions and the like. But the client liked my work as is. That meant I was getting paid $500 for 45 to 60 minutes of my time. And that was 10 years ago, so, if you adjust for inflation, I was really making more than that.

Of course, if the client hadn’t liked my work, I could have been working more hours to earn that money, resulting in less per hour. One of my graphic designer friends calls this "eating the project".

"The time I made $500 an hour" from Become a Consultant at ConsultantJournal.com.