We all increase our hourly price based on our experience. Is there some pattern we can use when deciding how much we will increase hourly price?
For example, we start with $20 per hour as a total newbie. Then with each project we finalize, the hourly price is increased by $1. Does this sound illogical?
My point is that the hourly price must increase along with experience. I know that some like to increase hourly price with dollar position on the market, and with some other economical circumstances. Some even choose their hourly price based on the wealth of the client (this is allowed of course, but this increase always has some pre-set percentage of increase).
Is it possible that some smart head has already written about how can we calculate personal price growth as we are becoming more wanted and more experienced?
PS. If someone disagrees that our price should grow with our experience, please write about it. I would like to hear your words as well.