How much can you charge – the final powerful question
Posted in Charging for your services, Entrepreneurial mindset on 04/16/2010 10:10 am by Therese SkellyIn the last post I shared how to assess the value that you bring. And if you need even more convincing, here is the magical question that should really drive home what exactly you do th
at should justify your value in the lives of your clients.
What’s the lifetime (or long term) value of the work I do for a client? This one single question can very often light a fire under that part of you that is sick and tired of giving away your precious time for so little money. Again, we break away from the hourly or the monthly charges here and discover what happens in our clients lives when we are with them for an extended period of time. Some of the magic will happen during the course of our working relationship, but much of it will happen after the fact.
Let’s take a website designer. Yes, your client will get a great site, but imagine in three years when it’s had loads of great SEO and has reflected really well the branding and essence of the business owner. What’s the value of positive and powerful branding? How do we commoditize a marketing message that stands out? Those things are what you will want to look at when you ask yourself this question because once you know the effect that your work has on the clients in the long haul, you are golden! You can do this two ways…Fist, ask yourself what will happen if your client doesn’t hire you. In the case of the web designer, imagine a business owner that moves along for three years with a crappy site that isn’t capturing email information, has no clear “how to take the next steps to hire me” mode, and does nothing to increase your expert status. What does that cost in terms of lost opportunity over the course of three years? If you ask that question, it’s easy to do the next step and ask yourself if they do hire you, what’s possible.
Now is this all just about getting more money in your pocket? That’s part of my wish, but more importantly, it’s in seeing you stand really firmly in knowing the value you bring. The more you can take a stand for your value, the more you can do that for your clients. It’s truly a win-win that way. If you give up on yourself by charging less than you are worth, you are at risk of letting your clients not have the experience of playing the biggest game possible for them as well. And isn’t that what we all want?
And the final step in declaring your value? CLAIM it! So go ahead right now and share with us on the blog what your magic is and what that’s worth! Be bold!!!
If you liked these concepts and want even more, join my free call on Thursday, April 29th at 1pm PT/4pmET where Molly Luffy and I will be sharing How to Discover Your Revenue Breakdowns. We will show you all the places where you are losing money in your business and why that’s happening. Some of these may surprise you, so grab your spot quickly by signing up here. (And if you can’t make that time just register anyway because we’ll email you the replay.)
I’d encourage you to make the decision that you will no longer devalue yourself and being on that call with Molly and I is just the jump start you need! What do you have to lose…. Oh, maybe some of the bad habits that are costing you thousands of dollars a year!
Here’s to your peace and prosperity!

Being in this tube was where it all came clear to me. As I popped onto the inner tube and pushed myself into the water, it was pitch black. And the water was in control. Not me. Then and there I had the ‘a ha’ that this is the very place that business owners fear. Very often we hit places in our businesses where it almost exactly mirrors my experience here.

