Pick a realistic number 250/year or 20/month? That is still around $50k and not bad for a part time job which she stated this is while she goes to college.
Originally Posted by boomer69does
1. I want to thank you for participating in the discussion. I appreciate everyone's thoughts. Its great to get the perspective from other people.
2. Even though objective, you made some faulty assumptions. You have assumed that in a year, I will see a gentleman only ONCE and only for ONE hour.
Hypothetically, if I have 5 "regular clients" who each book 4 times a month for a year, you would need to subtract 240 men from your "250/year" statement.
Furthermore, I really like the gentlemen I see. I do not wish to rush the session so that I can finish on time. Since I like to take my time, I offer a multi-hour discount. Since we are discussing my business practices, I will provide a more concrete example. Lets say a gentleman initially books an hour appointment @200/hr; he has a great time and wishes to book again next month. But this time, he wants a 5 hour appointment. In total, I make 600 OR 120/hr. The next month, he wants an 8 hour, all day appointment. For that day, I make 900 or 112.5/hr.
3. I attend a private university. My academic scholarship is supposed to cover "most" of my tuition (yeah right). I still owe 15k a year. Technically, I could attend a community college, but what for? I am 1 semester from graduating with a bachelor's degree. Plus, the professor I am doing research with is a "guarantee" for grad school and a fellowship.
Ok... so WHO cares right? The point is: it is probably not a good idea to make generalizations of what "good business" is for a particular lady. There are so many factors that drive a person's decisions. Some people can handle a high volume seamlessly, and therefore are able to lower their rates. I already pointed out that during the school year,
school takes precedence over anything else. GiamarieLynn included something that I NEVER think about
: children. I don't have any children, so I run business differently than someone who has to pick the kids up everyday at 3.
I appreciate your comments. I just wanted to let you know that your scope of view could be broadened slightly.