How to Raise Your Rates & Start Earning What You're Worth

Date: September 1, 2017 Topics:

It's the question of the year: How do I raise my prices or earn start earning what I'm worth?

Yay! You finally made it out of the first stages of your business. You endured the endless torture I call the "first fews" of entrepreneurship: first sales, first customer, first chargeback, the first time you saw the signs of the types of people you don't want to work with etc.

You've put in countless hours of hard work and sacrifice to get to this point. But you've earned your stripes and now you want more. Putting in just as many hours while making the same amount as you did when you first started your business, just isn't enough anymore and you're ready to make this business thing truly worth your time. Unfortunately, too many businesses are underselling their talents, services, and products and realize it once it's far too late. Luckily, when it's time to make the upgrade, your energy, finances, and growing responsibilities will make it VERY clear.

So, it's decided. It's time to change your rates. But... how? It's not as easy as just changing your numbers. So many questions come to mind:

  • What if you scare away your current clients/customers?
  • What if they won't be able to afford the increase?
  • What if I lose all of my business?
  • What if people scoff at my new prices?

And then you start questioning yourself, too. Does this sound familiar?:

  • Can I really charge THAT much more?
  • Where am I going to find anyone willing to pay that much?
  • Can I really do this?

Earning what you're worth (or what you want to be worth) is simply about learning how to leverage your value. I'm going to spend the rest of 2017 breaking down the steps to "earning your worth". This same strategy has helped nearly all of the businesses I've worked with create instant value and start earning what they truly deserve.

Leave a Reply

Your email address will not be published. Required fields are marked *

Connect with @TheStrategyChannel:

Recent Blog Posts

3 Reasons Your Sales are Falling Short of Your Goals and How to Fix It

Do your sales goals feel out of reach? It's time to change the game and start hitting those targets. In this article, we'll explore three key reasons why you are struggling to hit your sales goals and provide you with the winning solutions.  1. Lack of Traffic: The Roadblock to Success You've got a fantastic […]

Read More
Explore 10 of the Most Popular Marketing Channels for Service-Based Businesses

Get ready to unlock the secrets to massive visibility and growth for your service-based business!  In today's fast-paced world, having a website and sporadic social media posts just won't cut it anymore. You need a solid, results-driven approach to drive traffic, captivate potential customers, and turn them into loyal fans. That's where the game-changing multi-channel […]

Read More
12 Places You Need to Promote Your Products in 2023

Are you looking forward to making 2023 your best year ever? Ready to shake things up with a game-changing marketing strategy? If you answered "yes!" to either question, then I’ve got a strategy for you: it's time to embrace the magic of multi-channel marketing! Picture this: boosting your product-based business by reaching more customers and […]

Read More

Want marketing and sales strategies straight to your inbox? Join the mailing list.

Copyright ⓒ The Strategy Channel 2024
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram