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That is why we need a companion post entitled "Good Customers vs Bad Customers". I work full time at an investment bank and about 15 hours per week on the side doing consulting. I've done side work now for almost four years for one guy. He pays me 1/4 what I make in my full time job and gives me 10x the hassle. I've done multiple projects for him where the payback period is 2 months and the NPV is 6 figures. He takes it for granted at this point. I'm slowly steering him to value based pricing for that reason.

Every once in a while though he sets me on a ridiculous project that is the financial equivalent of digging a hole and filling it back up again. I see pet projects like this all the time at the bank. At least there, it isn't impacting people's personal bottom line. This guy's motives for them, I don't understand at all.



>He pays me 1/4 what I make in my full time job and gives me 10x the hassle.

Why do you still accept work from him?




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