Ep. 3006 - Q&A: “How do I set the right hourly rate for my side hustle?”
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 25 March 2025
⏱️ 5 minutes
🧾️ Download transcript
Summary
In today's episode, we help a social media manager set a fair hourly rate. Learn how to balance your skills and market demands to price your services confidently.
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Calm the chaos of order fulfillment with the shipping software that delivers. Switch to ShipStation |
| 0:05.1 | today. Go to Shipstation.com and use Code Sidehustle to sign up for your free trial. That's Shipstation.com |
| 0:12.2 | Code Sidehustle. |
| 0:16.2 | Lemonada |
| 0:16.8 | Lemonada. How can you set the right hourly rate for your side hustle? |
| 0:28.2 | In this episode, we're going to help a social media manager set a fair hourly rate. |
| 0:32.7 | That is one that is fair, not just to her customers or clients, but fair to her. |
| 0:38.6 | I want you to be able to have a profitable side hustle or a small business, maybe even eventually work your way out of a job. |
| 0:43.8 | And pricing your services is just one of the toughest challenges for new freelancers and side |
| 0:48.8 | hustlers of all kinds. I hear it all the time. How do I decide what to price? And we look at that |
| 0:52.9 | question from various perspectives. But today I want to focus on a specific person, this social media manager, |
| 0:59.2 | helping her figure out the right hourly rate. This is going to connect really closely with the |
| 1:03.2 | weekend workshop series that we've been doing, which comes out once a week. I think we're on |
| 1:07.7 | day 13 or day 14 of that series now, one day a week for the whole year. |
| 1:12.6 | So let's consider some strategies for calculating your rate, staying competitive, and building a |
| 1:16.8 | pricing model that grows with your experience. Because as you get better and more experienced, |
| 1:21.3 | I think you should get paid more. All right, that's today's topic, the detailed question, |
| 1:25.4 | and discussion coming right up. |
| 1:29.8 | Saitasol School is sponsored by our longtime partnership station. |
| 1:33.6 | Let's talk about the chaos of life here for a moment. |
| 1:36.0 | You know, life can be chaotic. |
| 1:37.6 | But if you are in charge of order fulfillment for an e-commerce business, you know that it's |
... |
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