Okay, let’s tackle this. So Peter has 39 years of experience as a small business owner, which is a significant amount of time. His skills in leadership, marketing, and advertising are also in demand. However, his role as a small business owner is not typically considered a high-paying job. According to the Bureau of Labor Statistics, the median annual salary for management occupations, which includes small business owners, is around $123,000. However, this number can vary widely depending on the industry, location, and experience. Considering Peter’s skills and experience, I would estimate his hourly rate to be around $125, which is slightly below the national average for management occupations.