GETTING PAID FOR WHAT?

Getting paid according to time you spend on a matter rather on the value of the matter to the client is just like diversifying your investments portfolio. It makes very little sense if you know what you are doing.

If you buy shares in a good business, you buy enough to have a decisive impact on your portfolio perhaps 70%, if you are confident of your research and the ability of the business to thrive through business cycles and all what not. Spreading your risk is actually protection against your lack of expertise or knowledge or whatever else.

In the same way if a letter is worth 20 million naira and it took you 4 hours to do will you issue a bill for four hours or 20 million naira?