Understanding Billable Rates and Setting Target Rates

This chapter discusses the importance of understanding billable rates in agencies and the different variations of rates that exist. It emphasizes the significance of knowing the average billable rate and how it applies to all listeners who sell services requiring skilled labor. The chapter also explores the concept of target rates, especially for agencies that bill by the hour or flat fees.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

The game changer for learning from podcasts!

Nelson

App Store

I used to use a different app that was able to save excerpts from podcast and really enjoyed it. I could listen to the podcast and quickly save things that I wanted to come back to later. Snipd take this to a whole new level with AI integration, creating summaries of podcasts and summarizing the main takeaways from what I’ve saved and snipped. I really love how it helps me prioritize what podcast to listen to with it summaries & deep dives.

🤯 How amazing is this app?!

Sophie

App Store

Snipd helps me keep track of everything I resonated with from a show. I can always find my snips, listen to them again, share them. And there are so many great product updates regularly! Like the feature to chat with the episode: I can retrieve even more knowledge from an episode 🥹 I’m in love with this app 🤍