So what do you do when he calls next week and says... I have a cousin that will cut it from now on.... you only made 50? Man... no matter what the outcome can be... always price the clean-up.... then negotiate the long term. You have invested a lot up front with no contract or guarantee that he will follow through. I applaud your business start up... but as previously mentioned... don't under price the market. When Ford sells a car they sell based on MSRP... not the class of the neighborhood. We too often bring our business down by trying to underbid or get jobs. You have got to make money... period. Your 250 price looked fair .... and I was with you... but you have lost money on this deal... learn from it and move on.
He already paid cash up front for the next month, I have $3 and some time invested in it (my time currently=$0/hr). So I'm really not sure where I lost money on this deal.