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Hourly Rate Madness
Manage episode 365822910 series 3479608
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Be honest - did you leave your 9-5 only to set yourself up with an hourly rate that’s just as stressful? The problem with an hourly rate is that you are basically punished for working faster and more efficiently. There’s no incentive to provide a faster transformation when you get paid more the slower you go.
On the other hand, if you price your offers based on the value of the transformation, people will pay more to get results faster. I’m sure you’re really good at what you do. If you bring your proprietary process into the world and that process gets people faster results, you’re self-sabotaging by undercharging.
In your pricing, don’t:
- Price by the hour
- Price out of fear
- Underestimate your audience
You don’t have to stay stuck in hourly rates just because others are. Your offer is better than that and so are you.
Everyone has authority. Your authority matters! www.monetizeyourauthority.com
Join the conversation inside our Facebook group: https://www.facebook.com/groups/profitablehappyceo
IG: https://www.instagram.com/carrie_e_koh/
Music credit: Like We Do It by Grace Mesa
A Podcast Launch Bestie production
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