Re:Why can't we build nice neighborhoods anymore?
by OJFord on Wednesday October 20, 2021 @07:21PM
(#28938151)
Not to discount the answer you've had, but to offer another factor:
100 * £10 > 50 * £19
It plays into the other really: you have to multiply your fee by more than the reduction in volume to make more money; if you break even on the trade, in a way that's great, less work same money, but now you're not practicing.
So there's a trade-off there, and for it to be obviously worth it, there really has to be a significantly outsized boost to fee compared to reduction in number of people prepared to pay it, that just isn't going to happen unless you had it really wrong to begin with.
(Maybe if you're already on the very high designer end you can suddenly go 10x or more as a result of being 'discovered' or going 'viral'? But not lower on the ladder, like the difference between DIY shop 'it works' vs. bespoke; carpenter vs. joiner; as discussed above.)
100 * £10 > 50 * £19
It plays into the other really: you have to multiply your fee by more than the reduction in volume to make more money; if you break even on the trade, in a way that's great, less work same money, but now you're not practicing.
So there's a trade-off there, and for it to be obviously worth it, there really has to be a significantly outsized boost to fee compared to reduction in number of people prepared to pay it, that just isn't going to happen unless you had it really wrong to begin with.
(Maybe if you're already on the very high designer end you can suddenly go 10x or more as a result of being 'discovered' or going 'viral'? But not lower on the ladder, like the difference between DIY shop 'it works' vs. bespoke; carpenter vs. joiner; as discussed above.)