September 18, 2009

The value of services

Life is always entertaining to the observer. Concepts of value change drastically when you let go of certain assumptions. In developing a new school of thought based on interpersonal exchange of time and interest, we have to think about things to get them right. I like to place myself on both sides of the deal and see if i find the terms acceptable when i am in the position of either party.

Today i was able to become onto both sides of a contract that i was not represented in. By this i mean that it wasn't my gig - so i didn't have a vested interest in the outcome. Yet this outcome is crucial to development of fair exchange justice. The current system of sharks and users requires that you sometimes employ a shark to represent your interests. What is it worth to get the contract done?

It entirely depends on the amount of time vested and the level of the playing field. If the shark has experience in dealing in certain waters, it has to be worth the investment in comparison to other things on the table. In other words - you drop a hundred thousand dollar project in priority if somebody offers you a million dollar project. But only if you get a piece of the million - if the cost of your time is exactly the same, then you work the project you already have committed to as your priority. The level of payment is contingent on many things - but there is a going rate in each different field.

I'd like to hear about the going rate in your field. Give the rate as a percentage - the question being - how much would it take for you to prioritize the million dollar contract in the bush over the hundred thousand dollar contract at hand. Remember - I am a scientist first and a businessman second. Also please include the field.

Lawyers and accountants likely work at different percentages - is there a website somewhere that compares the rates per hour of different fields? The question is now placed before the universe - stay tuned for the universal answer.

1 comment:

nina said...

personally, my time is priceless; the non-negotiable commodity. we don't remember asking for incarnation, nor do we know when our lives will end. what do do with it? what to charge for it? your choice. there's always the al-anon platitude: "For Free and For Fun"