How to Charge $200/hr as a freelance software developer

Clever Programmer

Would you rather make $10,000 for 160 hours of work or make $4,000 for 20 hours? 🤔

You don't need a lot of experience 👨‍💻.

You need 1.5 months of coding experience and you gotta be good enough to hire other good enough developers 👪.

You work on your soft skills. Go on platforms like Upwork or Craigslist to make ads so you can land a client.

Then you find and hire your developers from Upwork as well.

After you get the client and the developers... All you need to do is manage your developers and they do the work.

This way, yes, you are giving up the total revenue upside but you are insanely increasing your dollars per hour.

Now, let's get back to our original question...

Would you rather make $10,000 for 160 hours of work or make $4,000 for 20 hours?

The correct answer is $4,000 for 20 hours.

Why?

Well, if you do the math...

In the first case your hourly rate would be $62/hr while in the 2nd case your hourly rate would be $200/hr 📈.

If you want true freedom... You need to massively leverage your time and increase your hourly income 📊.

You could just do 160 hours a month of your time to keep ALL of the $10,000 revenue in your pocket.

OR,

you can give $6,000 to your developers and keep $4,000 profit 💰.

Now, instead of YOU doing 160 hours of work, you just have to do 20 hours of work per month holding meetings with your developers and the client to manage the project, expectations, and keeping everyone happy.

I was doing this when I was 21 and going to UIC college in Chicago. This gave me massive leverage and that's how I was able to scale my income to $104,000/year as a college student.

-Qazi