Why are Tech People so Expensive?
Tips for an Entrepreneur Hiring Technical Expertise
Why are tech people so expensive and what can you do about it?
Simply put, technical people have expertise that is very useful to you and they can put systems into place that make you money. When things go wrong, they can fix it or build something new for you.
Software engineers, cloud architects, web developers, and other specialties cost a pretty penny, but you need their skillset. So you pay for it.
If you have legal problems or need a contract reviewed, you hire a lawyer. If you are sick, you go to the doctor. If your toilet explodes and water is spewing everywhere in your house, you call a plumber (after turning the water off as fast as you can!). Expertise is something you are used to paying for already.
Still, I’ve seen time and time again where bootstrapping entrepreneurs try to get away with paying minimum wage rates (or close to it) for technical expertise. I made a video to help explain the situation and give you some tips.
Yes, that is a tongue-in-cheek Lamborghini.
This video is part of a new series I’m starting, so give it a like and subscribe so you can get some of this Free YouTube Tech Consultant. I put my over two decades of experience and problem-solving skills out there to help you be successful in your business ventures.
Feel free to subscribe to my YouTube channel for more content like this.