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Originally Posted by Varius
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Now let's say someone more technical/experienced analyzed the same task and deduced it would take 4 hours, not two weeks. They would charge you five hundred dollars (say they charge $125/hour).
The first thing to figure out is, if you have this product almost two weeks earlier, what is that worth to you ? If it's worth more than two hundred bucks, using this example, then you lost money.
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Very accurate post. Just to note you'll have to still fish for good programmers at the high-end of $125 / hour who may do little to no work during that time as well.