[LRflex] Re: a mildly interesting read on Stock Photo Market
- From: George Lottermoser <imagist3@xxxxxxx>
- To: leicareflex@xxxxxxxxxxxxx
- Date: Mon, 25 Jul 2011 17:05:30 -0500
On Jul 25, 2011, at 4:06 PM, Frank Filippone wrote:
> Now if you were a native Indian, living somewhere in the boondocks of India,
> $10 an hour may be big money.....
>
> Competition, again. Globally this time.
>
> Just as an aside, $10 an hour times 160 hours per month, is basically Social
> Security rate.
>
> Maybe it ain't so bad after all.......
It may be "ain't so bad after all"
if you're bicycling into somebody else's office
and working on their machines.
Reality check on expenses:
1) keeping hardware and software current
2) working space rent
3) un-billable time to manage business (invoice, statements, collections, sales)
4) paper, supplies, filing, utilities, ad nauseam
after all is said and done
you'll be lucky to end up with $2 or $3 an hour to buy coffee, rice and beans.
Reality check II:
in order to earn $10 per hour as a self employed individual
you best be billing at least $40 per hour
(assuming you already have the basic tools of what ever the trade)
Regards,
George Lottermoser
george@xxxxxxxxxxx
http://www.imagist.com
http://www.imagist.com/blog
http://www.linkedin.com/in/imagist
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