Totally agree, Jonas Ellison. I also think that when you charge too little, you attract the wrong kind of client, who prioritizes cheapness over quality. If you raise your prices on these people, they will just go for someone else cheaper.

By the way, slightly off topic, but I loved this bit:

the thing I learned from this interview of one of my mentors (although he probably doesn’t know it)

A lot of people think of a mentor as someone who you go and see once a week at their office, and they give you advice for free. But mentorship hardly ever works like that.

Mentors are anyone who gives you advice from a position of having done it before. You don’t need to have met them.

You just threw that in there, but I think it was a really good point.