You can’t always compete on price. Sometimes, larger businesses simply use rock bottom prices in an attempt to outbid freelancers. Other times, you just know that accepting a series of low paying gigs will sabotage your income goals.

Competing on price is a trap you should never fall for. It’s a race to the bottom where everyone loses. This is true for all industries. When you compete on price, you think you’re going to win more businesses, but you’re telling high paying clients that you’re cheap and are happy to lower standards.

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