How to Estimate and Bid Projects - Talking About Money

Chris & Jose talk about how to estimate & bid projects. Confidence Episode:    • How to be a more confident designer.   Sample Budget: http://bit.ly/1SCdPPV Annotations -- 1:44 You're going to hurt yourself if you're not comfortable talking about money. 2:35 If you're not comfortable talking about pricing, you can use a proxy. 3:30 Face your fears, but be aware of what level of project that you are comfortable bidding on. 5:39 Q: How to know if you are underbidding? 7:00 Four things to consider when estimating a project bid 9:06 Q: How to ask if you are the third bid? 11:57 Types of Estimates 17:03 Calculate your bid based on the number of employees that they have. 17:40 Q: What are the ranges that shops charge for hourly? 22:06 Example Project Bid Estimate Breakdown 25:15 Law of Contrast (Soft Close) 28:10 Q: Should anything else be covered in the estimate besides time and materials? 30:00 Your relationship that you have with the client matters most 31:37 Defeat cost consultants by Obfuscating the bid. 34:50 By carefully drawing boundaries of who to work with, you'll get less friction with your bids Special Thanks to our Sponsors: Shutterstock - http://www.shutterstock.com 🚀 Futur Accelerator The step-by-step blueprint and coaching program designed to get your creative business off the ground: https://thefutur.com/accelerator 🥇 Futur Pro The professional creative community designed to grow your personal brand, your business, and your network: https://thefutur.com/pro ✍️ Other Courses, Templates, and Tools: https://thefutur.com/shop 🎙 The Futur Podcast: https://thefutur.com/podcast Recommended books, tools, music, resources, typefaces & more: https://thefutur.com/recommendations Music by Epidemic Sound: http://share.epidemicsound.com/thefutur Shorts Playlist: https://www.youtube.com/@thefutur/shorts We love getting your letters. Send them here: The Futur c/o Chris Do 1702 Olympic Blvd. Santa Monica, CA 90404 *By making a purchase through any of our affiliate links, we receive a very small commission at no extra cost to you. This helps us on our mission to provide quality education to you. Thank you. — 🎙 Futur Podcast: https://thefutur.com/podcast/ ✍️ Futur Blog: https://thefutur.com/blog/Jose Caballer: http://bit.ly/josecaballerTwitter Chris Do: http://bit.ly/theChrisDoTwitter Purchase a CORE Kit: http://bit.ly/myskooltools === *By making a purchase through any of our affiliate links, we receive a very small commission at no extra cost to you. This helps us on our mission to provide quality education to you. Thank you.