Well, a cheapskate is not really a prospect, as why would you take on a client who was not prepared to pay you a proper fee or have any respect for what you can do for them?
The other day I had a call from a guy who asked if my business was something I ran “on the side”. He meant, “Do you have a “real” job working for someone else, and are you just making extra pennies on your evenings and weekends?” In other words, was I going to be cheap?
I told him my business provided my living and my fees reflected the benefit he would get from my services. I did not bother with the list of costs we have such as insurance, software and training, and the value my expertise would bring him, because clearly that would have been a waste of time.
I wished him luck finding someone who would do the job at a very low cost, and bid him good day.
What would you have done?