Let's start with that 60-watt lightbulb. Power is a measure of the rate at which energy flows, and in electrical systems it is measured in watts (W). Watts are basically the miles-per-hour measurement of the electrical world--they tell you how fast the electrons are speeding down the highway.
Many workers are paid by the hour, so if you are paid $5.00 for a blog post and it takes you 15 minutes (.25 hours) to generate the blog post, that would be the equivalent of $20 an hour. Produce four blog posts at $5.00 an hour and you would get that $20. Ah, but thatâs more work.
Your $80 dollar an hour/ 40 hour a week paycheck equals $3200 per week in revenue. If you are billing customers for only $30 hours per week, your hourly fee needs to be $106 an hour. Now, you are in business! Determining how much to charge your customers may seem like a lot of work, and honestly, it is.