More than a living

 

 

Fun doesn’t have to equal free. Does it?

Rick Turoczy | August 6th, 2007 | 1 comment

Does fun have to equal free?I was chatting with Toby, this morning, about his “Professional Peer Referrals” post. And as I was describing my issues with the whole “pay to play” concept, something dawned on me.

I have a really, really hard time charging people for intangible work that I enjoy.

Now, what–he says, gracefully sidestepping the “oldest profession in the world” commentary–exactly do I mean by that?

I mean, I like giving referrals. I like brainstorming with people. I like coming up with new ideas.

And while there is, undoubtedly, intrinsic value in those efforts, I generally don’t charge for them. And part of my issue with charging for those activities is my actual enjoyment of those activities.

Those things are fun.

And, if I like doing those things, then why would I charge for them? Isn’t satisfaction enough?

And, generally, the brainstorming winds up generating a tangible activity. Something for which I can charge. Like a plan. Or a creative piece. Or some targeted consulting.

But there is value in the brainstroming that is driving those follow-on projects.

I mean, when you’re on the corporate side of the desk, you’re generally earning your paycheck by doing those things. So, I know there is some value there. Isn’t there?

And while I don’t want to become a lawyer who slaps the time clock every time he picks up the phone, I don’t want to continue to give away my time, simply because I enjoy that activity. And I don’t want the perception of my consultation to be devalued, simply because I choose to do it for free.

It’s a difficult spot. But I’m thinking that there has to be a happy medium.

Doesn’t there?

Tags: Creativity · Entrepreneur · Value · consulting

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  • Valuing Consulting Services versus Contractor Labor | More than a living // Aug 26, 2007 at 10:36 am

    […] Rick and I were recently having a conversation about the value of a consultant or contractor’s time, and how the concept of “consultative value” may or may not translate into a meaningful bill rate. Rick observed that too often the line of tactical versus strategic advice is backwards, with “strategic” insights being given away for free to secure “tactical” contracts. […]

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