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Originally Posted by sarettah
Nothing crazy about it... Simple economics.
You come to me and say I want you to build such and such system that will make me a million bucks a year.
I build the system for you in 100 hours at $250.00 per hour. You have now invested $25,000.00
You turn on the system and run it for the year and you now have a million bucks that you have only invested $25,000.00 to get. In other words, my programming garnered a profit for you of 400% or so and on top of that, your investment of $25,000 was recouped in the first 9 days after you turned my system on.
I think a system like that is well worth paying me $250.00 an hour for.......  |
Sorry but even with a guarantee of making a mil in the first hour, I wouldn't pay $250 ph for a programmer, not when I can pay $50!