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Here's why its not blackmail
My first contracting gig was with an engineer. When I finished the job and told him how much he owed me, the guy blew up. He said if I wouldn't charge him what I was worth he'd get somebody else. I had to charge almost 10 times what I'd origninally asked before he would accept it. I learned to charge what the job was worth, not what I'd earned in previous jobs.