I've been passing through this a lot in Nigeria😂. The truth is... if the client is your relative, the client might even request for free tech support and that is very annoying
In my experience (mostly making jewellery) people have no idea whether what they are asking will be easy (and can be done cheaply) or difficult (and will be super expensive)... but it applies to software too. In the same way that you can buy a piece of mass-produced jewellery for way less than a bespoke piece, you can buy off-the-shelf software for way less than it would cost to create a similar item from scratch. So I always tell potential clients: my price depends on exactly what you want, and finding that out is going to require a lengthy discussion, which is a waste of your time as well as mine if your budget won't cover the work... which is why I need to know, before we get into that discussion, whether or not your budget is realistic. I usually find that after explaining WHY I'm asking, they will come up with some totally unrealistic figure at which point I walk away. :-)
Great video Dennis, thanks for the tactics. I also found it helpful to start by understanding at a high-level what the client needs. Once this is known, I'll provide price range estimate to start the negotiation while also explicitly mentioning that the price depends on the difficulty of the project. Then I'll ask further questions to fine tune the pricing estimate. So far this had worked for me.
Thank you 🙏 It’s all about communication for sure. I see a lot of people miss opportunities simply because they cannot communicate with their clients and get too frustrated.
All it tells me that if you ask me for budget and my budget is high you will adjust your prices so I will never answer your question. Imagine going to buy a house and rather than being given a house prive you are ask how much you want to spend.
I learned a long time ago to never mention my budget until AFTER the seller gives me a price range. If the job would cost $1000 but you tell the seller you have a budget of $5000, they will take $5000 from you for a $1000 job.
@@andyslater8064 No one have ever asked me how much I can afford when buying a house until after we have agreed the price of a house.Plus the house price is know in advance it's publicly displayed on the person website. When I am buying a house for £150 000 I know this price in advance,
Hey Dennis, thanks for all the motivation it has helped me on my UA-cam channel and finally able to release my first Udemy paid course. Following your footsteps buddy!
It is different in different industries, but it seems very common in music, where artists are trying to make more based on their clients' available money and clients are trying to get the most value for the money. It often seems opportunistic and cynical, for either side or point of view. As an example, in construction contracting, you ask subcontractors for a quote, so they give you a quote based on what it really costs them to do the job and how much profit they want to make. They know other subcontractors may underbid them, but they also know the other company also has to make money, so prices can only go so low. To be fair, you do not go to the grocery store and ask the price of a fruit, just to be told "what is your grocery budget"? The budget can be a helpful guide to estimate your pricing. If it is a cheap web documentary, you bust out all your VSTs and canned library stuff. If it is a big budget feature, you quote them for original composition and additional live musicians. One video about this subject just left a very bad taste; the musician in the video is talking about how if he knew how big the client's budget was, he could have squeezed more money out of them. Ultimately, it is about supply and demand. Be brave, tell them how much your work is worth, and if they do not want to pay that much, they move on. They can find someone else, and you will find another client. This also brings up the thought about labor unions, it does not matter what the size of the contract is, whatever the prevailing wage is legislated, the laborers get that much. Laborers on a skyscraper project do not get paid a percentage of the construction contract.
I learned a long time ago to never mention my budget until AFTER the seller gives me a price range. If the job would cost $1000 but you tell the seller you have a budget of $5000, they will absolutely take $5000 from you for a $1000 job. Telling your budget first is a very quick way to get scammed / overcharged.
Hello @dennisIvy I am working in Digital Marketing, after getting motivation from you (from digital marketing to Developer) and other community member, I have successfully landed my first Full Stack job..Thank You so much for all the tips and video.. Keep doing the great work
hey Dennis thanks for the info.. I'm building a Quiz app with django.. It's kind of mock exam where single question can be seen at a time and it has side bar with multiple buttons for question navigation.. can you suggest any resources for this project.. do i need react for the front end?.. Thanks
There’s a lot that goes into it. If you’re just starting, learn how to estimate the length of projects and figure out what that price might look like with your rate multiplied by the time it takes to complete it. This takes practice + experience.
Have been thru this so many times😂 , Thank you Dennis . Btw funny Thumbnail
I don’t know of a single freelancer that hasn't been through this 🤣
Most awkward moment for a Freelancer
I've been passing through this a lot in Nigeria😂. The truth is... if the client is your relative, the client might even request for free tech support and that is very annoying
exactly... I am in the same situation
In my experience (mostly making jewellery) people have no idea whether what they are asking will be easy (and can be done cheaply) or difficult (and will be super expensive)... but it applies to software too. In the same way that you can buy a piece of mass-produced jewellery for way less than a bespoke piece, you can buy off-the-shelf software for way less than it would cost to create a similar item from scratch. So I always tell potential clients: my price depends on exactly what you want, and finding that out is going to require a lengthy discussion, which is a waste of your time as well as mine if your budget won't cover the work... which is why I need to know, before we get into that discussion, whether or not your budget is realistic.
I usually find that after explaining WHY I'm asking, they will come up with some totally unrealistic figure at which point I walk away. :-)
Gotta stay positive with clients, not everyone is trying to rob you
Thank you Django guru. Thanks a lot for your videos.
Great video Dennis, thanks for the tactics. I also found it helpful to start by understanding at a high-level what the client needs. Once this is known, I'll provide price range estimate to start the negotiation while also explicitly mentioning that the price depends on the difficulty of the project. Then I'll ask further questions to fine tune the pricing estimate. So far this had worked for me.
Thank you 🙏
It’s all about communication for sure. I see a lot of people miss opportunities simply because they cannot communicate with their clients and get too frustrated.
All it tells me that if you ask me for budget and my budget is high you will adjust your prices so I will never answer your question. Imagine going to buy a house and rather than being given a house prive you are ask how much you want to spend.
I learned a long time ago to never mention my budget until AFTER the seller gives me a price range.
If the job would cost $1000 but you tell the seller you have a budget of $5000, they will take $5000 from you for a $1000 job.
One of the first questions a real estate agent will want to know is what you can afford.
@@TMITP Yeah, sure, if they were a) dishonest and b) knew you were dumb enough to only get one quote.
@@andyslater8064 No one have ever asked me how much I can afford when buying a house until after we have agreed the price of a house.Plus the house price is know in advance it's publicly displayed on the person website. When I am buying a house for £150 000 I know this price in advance,
@@andyslater8064 True, but they are not going to adjust the price of the house based on your budget, they will just pick a house in that price range,
Hey Dennis, thanks for all the motivation it has helped me on my UA-cam channel and finally able to release my first Udemy paid course. Following your footsteps buddy!
Oh man that’s awesome! Congrats 🎉
Thanks Arbadjie for your stock management system tutorial, it really help me boost my coding skills as a django developer.
@@codewithwizdom am glad to hear that.
It is different in different industries, but it seems very common in music, where artists are trying to make more based on their clients' available money and clients are trying to get the most value for the money. It often seems opportunistic and cynical, for either side or point of view.
As an example, in construction contracting, you ask subcontractors for a quote, so they give you a quote based on what it really costs them to do the job and how much profit they want to make. They know other subcontractors may underbid them, but they also know the other company also has to make money, so prices can only go so low.
To be fair, you do not go to the grocery store and ask the price of a fruit, just to be told "what is your grocery budget"?
The budget can be a helpful guide to estimate your pricing. If it is a cheap web documentary, you bust out all your VSTs and canned library stuff. If it is a big budget feature, you quote them for original composition and additional live musicians.
One video about this subject just left a very bad taste; the musician in the video is talking about how if he knew how big the client's budget was, he could have squeezed more money out of them.
Ultimately, it is about supply and demand. Be brave, tell them how much your work is worth, and if they do not want to pay that much, they move on. They can find someone else, and you will find another client.
This also brings up the thought about labor unions, it does not matter what the size of the contract is, whatever the prevailing wage is legislated, the laborers get that much. Laborers on a skyscraper project do not get paid a percentage of the construction contract.
It’s bizarre that someone hiring has no idea what their budget is lol. I just high ball them if they don’t tell me.
I learned a long time ago to never mention my budget until AFTER the seller gives me a price range.
If the job would cost $1000 but you tell the seller you have a budget of $5000, they will absolutely take $5000 from you for a $1000 job.
Telling your budget first is a very quick way to get scammed / overcharged.
If you have so little trust in that person why the hell are you even considering employing them?
@@andyslater8064 Trust is earned.
Hello @dennisIvy
I am working in Digital Marketing, after getting motivation from you (from digital marketing to Developer) and other community member, I have successfully landed my first Full Stack job..Thank You so much for all the tips and video..
Keep doing the great work
-What is your salary expectations? -What salary your company offer?
Tbh, you filter them out from the get go. I don't wanna talk to price shoppers and free-people.
Thanks for this Advice! 😁.
hey Dennis thanks for the info.. I'm building a Quiz app with django.. It's kind of mock exam where single question can be seen at a time and it has side bar with multiple buttons for question navigation.. can you suggest any resources for this project.. do i need react for the front end?.. Thanks
It's been Long bro, anyways Am doing good with Django💚
Thanks for everything
How to ideally decide price of a website specially in django
There’s a lot that goes into it. If you’re just starting, learn how to estimate the length of projects and figure out what that price might look like with your rate multiplied by the time it takes to complete it. This takes practice + experience.
is there a reason some of your vids are less than 8 minutes? You are missing out on YT monetisation.
I don't want to make videos just for monetization :) If I don't have more to say, I'll just cut the video. Just hope you all get value out of this ;)
Is it necessary to work free for first industrial project
No. But if you have no experience and are desperate for clients and project to put on a resume then that might be a way to go.
@@DennisIvy yeh please make a video about how to find clients and what are starergy needed for this??
@@DennisIvy and where do you think newcomers can find cheap work ? fiverr ?
It's good to use Django as a backend and flutter as a front end ?? Can you tell me please ??
Of course it is! DRF is a great tool for building out APIs
@@DennisIvy Thanks Dennis Sir. I like your method of teaching. It's really helpful for me.
@@017m.shahzaibafzal4 Thank you, glad to hear that :)