Awesome content! Well written. Although if I may say, the work done here in the Philippines are far more greater than the ones made in India, and plus the fact that we speak better english than them, no offense though, i just though Id blurt it out.
Anyway, my 2 cents, outsourcing jobs and projects or what not would entale alot of quality work done at a cheaper price, although I do not think that this would be a threat nor rather something to be concerned with. Like what you said, when the web thing started a brochure type website would cost you $3500 and thats the problem right there. There are really no solid guidelines on how to rate this things - mostly base on a persons, experience, expertise or confidence and skill to sell or sometimes ego
One advise to green horns out there, and this really worked for me being in the web design business, is that... More often than not, clients, project, opportunities are right in front of us. Problem is, we look to far ahead that we miss it completely.
Just a thought!
btw, I'm looking for business partners for an offshore business opportunity. Let me know if any of you guys might be interested - in entails low labor cost and high profit margin.