144: Are You Undercharging for Your Services?

Profit and Prosper

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2M ago 16:19

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The vast majority of business owners I work with - whether they’re bringing in $100K or $1M in revenue - are undercharging for their services. If you’re bringing in clients but struggling with cash flow and paying yourself a six-figure salary, then you’re likely also undercharging for your services. In this episode, I share how to calculate pricing that will give you the profit you need to pay yourself well and save on for your wealth-building journey.

Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.

🚀 https://sarahhyoung.com/profitplan

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In this episode, you’ll learn:

0:00 Download my free pricing calculator
1:56 How most people set their pricing and why it’s not profitable
4:25 The surefire signs that you’re undercharging
5:46 Calculating whether you’re pricing for profitability or not
10:39 Client examples of workshopping offers and pricing for more profit in less time

I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.

Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!

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#Entrepreneur #Business #Sarah Young