The GaryVee Audio Experience How To Charge More For Your Services
Mar 24, 2024
Discover effective strategies to scale your business and avoid common financial pitfalls. Learn the importance of reinvesting in your venture and cultivating a strong personal brand. Gain insights on how to engage clients effectively and boost your pricing. Embrace a growth mindset and enhance your online presence to drive success!
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Reinvest Early Profits
- Reinvest profits back into your business, especially in the early stages.
- Avoid using early business income for personal expenses like expensive coffee or nights out.
Raise Prices Proactively
- Proactively raise your prices with existing clients, even if they initially resisted lower prices.
- Test price increases with a subset of clients to gauge their reaction and minimize risk.
Don't Fear Losing Clients
- Don't be afraid to lose clients by raising prices; there are always more potential clients.
- View client pushback on price as a negotiation tactic rather than a sign of being too expensive.