I would say, that no matter what my skill level is, or my equipment stash, my time no matter what is going on, while I'm working hard with someone, is going to be at least $25 an hour right off the bat for my musical and (less audio) technical experience. Of course if all my skills improve it would increase, but you have to be happy about the money before you work, or you'll be thinking about that as if it's some unresolved issue and it'll get in the way of your best work.
I don't really 'get' spending less and getting less. I don't understand who would choose that. If you can't get the level of quality you really need, then don't do the project; raise money, pre-sell, do parties, get another gig/job, whatever, but if you can't properly fund a business venture, then it has one huge hole that can ruin it considering all of the other factors involved, why would anyone want to start off with missing pieces of the puzzle? It's like going into the studio with first draft quality songs, or w/out rehearsing.
Prepare and that includes prepare the budget for high quality. I'd rather wait 20 years for high quality than waste 2 years chasing after lower quality while nickle and diming everyone involved. Or, just save enough for one really good quality recording and get out. Then if the rest is in place, at least the full potential is apparent in that one production. Or, and this is what I guess I'm doing and so are many of us and it's why we are here, learn on your own and diy and take time and money, but less money and much more time. Then, at least you can have an idea of what it takes to try to achieve both quality recordings and the level of performance required. But that path can be endless and at some point it leads to a fork in the road: continue building diy or return to the investment of pro production. But, At least after some diy, if you go into a studio, you'll have rehearsed cheaply, did some test production and possibly be a bit more efficient in the process.
That leadership thing was interesting, reminded me of what I was reading about the Beatles press conferences in "all You Need is Ears" by George Martin. They were leaders and then they became targets. Then John mentions Jesus and all hell breaks loose.....