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When? This feed was archived on May 21, 2018 02:30 (). Last successful fetch was on January 22, 2018 00:22 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 168362303 series 123360
One of the challenges we service professionals struggle with is pricing our services and the big issue of course is pricing in a way that we earn the money we want to be able to have the lifestyle we want.
There’s a lot going on inside that issue but today’s guest is going to address this issue of pricing for profitability and not just scraping by.
Justin Krane is a money strategist for business owners. His mission is to help entrepreneurs understand the money side of things. He teaches entrepreneurs how to be strategic with their business money so they can grow their business and fund an abundant life.
So listen in as Justin explains…
- Why pricing for profitability is so hard, especially for consultants, coaches, and service experts
- The core steps to begin pricing for profitability
- How emotions get in the way when we price
- What people are really buying from you
- Simple ways to track what’s coming in and what’s going out
- The minimum profit you should be working to achieve in your business
- What to delegate and what not to delegate when it comes to money
- Tips to improve your offers so you maximize your profitability by increasing the number of people who say yes to working with you
As always be sure to listen all the way to the end where I’ll share your reflection exercise and your action step for this episode.
Terms in This Episode That Might Be New to You
Money scripts – lessons we learn…things we heard and repeat and believe
Paradigm - When it's used in business it refers to a framework of basic assumptions. ways of thinking, and a methodology
Flow - Used in the context here it relates to when you're performing in peak state
Comparison price - The lower price with reduced value that web visitors or customers can look at to help decide which is the better choice for them.
Links and Resources Quickbooks https://quickbooks.intuit.com Zero http://www.xero.com Evernote Excel Predictably Irrational - Dan Ariely Influence - Robert Cialdini
Guest Links
Justin's book -- Money: You got this Justin's website
Justin's Social Media Links: Linkedin Facebook Twitter You Tube
Other episodes that relate to this one
Lorrie Morgan Ferrero - Improve your marketing results by writing better copy -- Tips and Strategies
Go Deeper with Additional Research
15 Reasons Your Coaching Fees are Too Low
The Great Coaching Rate Debate
Join the Group
Have questions about tech but no safe place to ask them? Tired of posting to tech groups whose members make you feel stupid for asking what to them is a basic question? Join the show's Facebook group. It's a safe environment with like-minded professionals and tech experts who know how to talk to people without insulting them. You'll also hear about and be invited to participate in fun tech training and testing events so head on over and click the link to join.
About Us
Winnie Anderson is an award-winning copywriter and brand strategist, a best-selling author, and respected instructor. She writes books, creates courses, and provides limited one-on-one consulting with and for introverted entrepreneurs who are ready to get their message out in a bigger way and who hate selling. Learn more about her here or connect with her on social media including Facebook and Twitter.
Judy Jordan is a virtual production assistant who helps entrepreneurs get their message out in a bigger way using live and recorded virtual events like webinars, teleseminars, live mobile streaming, podcasts, and virtual conferences. Learn more about her at her LinkedIn page or connect with her on Facebook.
Sue Brettell is brand developer and designer who acts as Winnie's creative director. Sue helps entrepreneurs communicate their brand essence by creating compelling visual brand elements and coordinating them into a strong, unified visual brand. Learn more about her at her LinkedIn page or connect with her on Facebook.
64 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on May 21, 2018 02:30 (). Last successful fetch was on January 22, 2018 00:22 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 168362303 series 123360
One of the challenges we service professionals struggle with is pricing our services and the big issue of course is pricing in a way that we earn the money we want to be able to have the lifestyle we want.
There’s a lot going on inside that issue but today’s guest is going to address this issue of pricing for profitability and not just scraping by.
Justin Krane is a money strategist for business owners. His mission is to help entrepreneurs understand the money side of things. He teaches entrepreneurs how to be strategic with their business money so they can grow their business and fund an abundant life.
So listen in as Justin explains…
- Why pricing for profitability is so hard, especially for consultants, coaches, and service experts
- The core steps to begin pricing for profitability
- How emotions get in the way when we price
- What people are really buying from you
- Simple ways to track what’s coming in and what’s going out
- The minimum profit you should be working to achieve in your business
- What to delegate and what not to delegate when it comes to money
- Tips to improve your offers so you maximize your profitability by increasing the number of people who say yes to working with you
As always be sure to listen all the way to the end where I’ll share your reflection exercise and your action step for this episode.
Terms in This Episode That Might Be New to You
Money scripts – lessons we learn…things we heard and repeat and believe
Paradigm - When it's used in business it refers to a framework of basic assumptions. ways of thinking, and a methodology
Flow - Used in the context here it relates to when you're performing in peak state
Comparison price - The lower price with reduced value that web visitors or customers can look at to help decide which is the better choice for them.
Links and Resources Quickbooks https://quickbooks.intuit.com Zero http://www.xero.com Evernote Excel Predictably Irrational - Dan Ariely Influence - Robert Cialdini
Guest Links
Justin's book -- Money: You got this Justin's website
Justin's Social Media Links: Linkedin Facebook Twitter You Tube
Other episodes that relate to this one
Lorrie Morgan Ferrero - Improve your marketing results by writing better copy -- Tips and Strategies
Go Deeper with Additional Research
15 Reasons Your Coaching Fees are Too Low
The Great Coaching Rate Debate
Join the Group
Have questions about tech but no safe place to ask them? Tired of posting to tech groups whose members make you feel stupid for asking what to them is a basic question? Join the show's Facebook group. It's a safe environment with like-minded professionals and tech experts who know how to talk to people without insulting them. You'll also hear about and be invited to participate in fun tech training and testing events so head on over and click the link to join.
About Us
Winnie Anderson is an award-winning copywriter and brand strategist, a best-selling author, and respected instructor. She writes books, creates courses, and provides limited one-on-one consulting with and for introverted entrepreneurs who are ready to get their message out in a bigger way and who hate selling. Learn more about her here or connect with her on social media including Facebook and Twitter.
Judy Jordan is a virtual production assistant who helps entrepreneurs get their message out in a bigger way using live and recorded virtual events like webinars, teleseminars, live mobile streaming, podcasts, and virtual conferences. Learn more about her at her LinkedIn page or connect with her on Facebook.
Sue Brettell is brand developer and designer who acts as Winnie's creative director. Sue helps entrepreneurs communicate their brand essence by creating compelling visual brand elements and coordinating them into a strong, unified visual brand. Learn more about her at her LinkedIn page or connect with her on Facebook.
64 episodes
All episodes
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