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The number one question I get from service providers is, “How do I price my services?” So on today’s episode, I’m going to provide you with the exact information you need to price your services – and it’s probably not going to be what you think!
Every successful entrepreneur started where you are now. They had no idea where to start or how to price their services, so don’t feel like you are the only one that is completely lost. I’m going to help break down everything you need in this episode.
I’m offering you a special freebie with this episode. Head to courtneychaal.com/calculator, download the Client Capacity Calculator and be sure to follow along with this episode.
In episode 17, I talked about the three biggest mistakes that all service providers are making. If you did not listen to that episode, I recommend going back and listening because it will give you a great overview of the topics I’m going to dive deep on this month.
In today’s episode, we’re specifically covering:
- 3 beliefs about pricing that come up for service providers
- Why being affordable is a terrible goal
- Step by step instructions for you to follow along with the client capacity calculator
- How to get clear on the workload per client
- Why you should not price per hour
- How to determine how many hours a week you work towards your business and how many hours you spend on client work
- How to determine revenue
- What you need to know about packaging, positioning and mindset
- What happens if you have more than one service
After listening to this episode, if you still feel like you need some help or you’re simply just stuck on how to price your services, then apply for Yay for 100K . We would love to support you and watch how pricing transforms your business.
Resources mentioned in this episode:
Book: Talking to My Daughter About the Economy
Episode 10: Schedule Smackdown for Service Providers
