Rates adjustments

Just adjusted the rates of my services.
Same reason - cut down my workloads.
Not to show off, but the jobs are flooding in till I can't breath.
Mentally very stressed.
Thought after the previous adjustment, it should cut down my workloads, but it didn't.
After I moved out from my shop, and work from my SOHO, thought it could be a challenge to get consistent orders. Orders should be lesser, but it was the reverse. I am getting even more orders now.
Wilfred told me it will be a challenge to your competitors instead, as I have too much jobs till cannot handle, but to raise my rates. Hmmmmm......
One of my clients told me that when they need my service, they won't really care about my price.

Anyway, the only way I can think of, is to increase my rates.
Think it should cut down the demand.
This is a self-fulfilling market.
When the price is higher, demand will be lower.
This move may upset my potential customers, but will make my competitors happier.
One of them has been telling me throughout these years, that my rates are too low. (A strong hint to me that I am blocking their business?)
Now, they should get more jobs, as my prices are considered one of the highest, if not the highest, in local market. Of course, they are still considered relatively low, as compared to those caricature rates oversea.

Another reason for this move is that I am appointed another bigger task to work on in the coming months (and perhaps years). I have to setup a company (trading school), create a website (with SEO, registration, spice up the contents, video editing etc), blog, design logo, namecards, design advertisements and brochures, spice up the Powerpoint presentation contents etc etc. This will definitely take up a lot of my time.

Anyway, the rates have been adjusted. Let's see how it goes.