The post introduces a formula designed to help CTOs determine their consulting rates for fractional CTO services. It details key factors such as annual revenues, C-Suite compensation, engineering team size, and engineering team budget, along with a commitment estimate to calculate a retainer. The formula incorporates concepts like the Engineering Efficiency Ratio and a complexity bonus to create an accurate pricing structure. It aims to ensure that CTOs can quickly and confidently set their rates, avoiding common pitfalls and ensuring respect and value from clients.
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It is deceptively easy to think you're good at consultingCalculate a retainer they refuse to refuseThe CalculatorGo invoice!Sort: