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Chose a flat fee over hourly for my first contract and it worked out fine

Back in 2018 I had to decide between charging $75 an hour or a flat $600 for a 3-month consulting gig. I went with the flat fee because it felt cleaner for both sides, and I ended up putting in about 10 hours total. Has anyone else gambled on a flat rate and regretted it or been pleasantly surprised?
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2 Comments
charlie198
My buddy took a flat $2500 for what he thought was a simple website build and ended up doing 80 hours of revisions because the client kept asking for "just one more thing" with no contract cap. 10 hours for $600 sounds like a steal on your end but that only works if the client is reasonable or you keep the scope super tight. I've seen too many flat fee deals turn into a nightmare where you're basically working for minimum wage once the feature creep hits. Hourly protects you from that slow bleed where you're answering emails at 10pm and calling it part of the gig. If you nailed it at 10 hours then more power to you but I wouldn't bet on that happening twice.
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shane_morgan
Man I feel that. Your buddy's story is rough, that slow bleed of revisions is a killer. Flat fee deals can be a real gamble unless you have a crystal ball for how picky the client is.
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