I’m a big fan of value billing in the wealth management world. This is where I bill for a project or charge a retainer fee and don’t bill by the hour. You know what you’re going to pay. My incentive with value billing is to produce the best work I can in the least amount of time.
You get to decide whether the price I’m proposing is fair and if you’re going to get an adequate return on your investment. Value billing allows you know the price up front. You won’t have to wonder how many hours I’m spending or whether I’m learning at your expense.