How much is your time worth? Answer that and you've got the info you need.
Yes, it's tricky, but at the volume you have been doing, I would say you are already "in the business".
Do you feel you are being compensated adequately for your time and effort?
Don’t forget that if you charge (“in the business “) you are also responsible for errors, omissions, loss, warranty, business licenses, tax, insurance, and probably other related things.
Are these friends who just show up with broken cameras?...or are they friends who pick up the tab at the pub, or go with you to a concert/event/whatever?
That sounds like they are using your service to sell cameras.
If they are making a profit, you should too.
I would put up some specific boundaries real soon; like only repair for free if they intend to use it personally. If they are going to resell, then they need to pay.
There is an old saying; "No customer is more demanding as one who gets a service for free..."
You can pick and choose what you want to do, under what conditions, and when. When I prefer not to handle or help someone, I simply say, "I'd like to, but I'm just too busy".
Sounds to me as if you are dealing with a very complex social reality for you and your friends. 'Specialized' knowledge in a group is great- lawyer, car mechanic, nurse, etc., we all help each other out with what we know that most people don't know. Sounds as if your enjoyment of helping out friends is starting to get a little old. And tied to this might be that you feel as if you are not getting help in a comparable fashion from 'the group' or whatever. If you were perfectly comfortable with the arrangements you wouldn't be here asking about it.
So what has changed in the last year or two? why are they approaching you so often? Do you think the repair work has become all they see you for? Or maybe coming to you for repair keeps something that they want in their life going, but are finding it harder and harder to do? They have other demands but don't want to let go of the life that started 30 years ago and this is how it works for them? But then it doesn't work that way for you?
Well, anyway, I have a sense that this is more about aging, changes, long term friendships, etc., than it is about business. What kind of 'payment' have you been getting up to now?
Put simply for me, I would do repair work without charge for a good friend who would never ask me to do it for free
Be honest and ask if they expect you to continue to do this for free? Don't hide your feelings. Maybe they could buy a nice meal sometime??
For me, every repair project is a win because my goal is to learn. Fortunately, I don't have to make money from it. So I'm free and can choose what I do.
If I can help someone with a repair, that makes me even happier. However, the ratio has to be right. If I have the impression that someone wants to save money and that's why they come to me, I say no. I don't allow myself to be taken advantage of, especially not among friends.
I also pay close attention not to get involved in commercial work for which fees are due and general terms and conditions that regulate the contractual relationship with the customer. Apart from that, I cannot offer professional repairs and do not want to.
From all of this it follows that I remain independent, only work on my own devices and only do something for others in exceptional cases. But I have to be interested in the topic and I don't take any money for it.
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