Join Danny and Jon as they discuss pricing strategies in the consulting industry, entrepreneurial challenges, and the importance of valuing your work. They also compare productivity software, explore upcoming API releases, and share tips for balancing personal values with financial success in business.
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Quick takeaways
Value your expertise and set fair prices for services to reflect worth and sustain business growth.
Prioritize personal enjoyment and mental well-being alongside financial gains to find fulfillment in entrepreneurial endeavors.
Strive for a balance between work responsibilities and personal fulfillment, embracing challenges and adapting to progressive growth in business ventures.
Deep dives
Charging Fair Amount for Consultation Services
The podcast episode delves into the journey of transitioning to charging a fair amount for consultation services, emphasizing the importance of valuing one's expertise and not underselling services. It discusses personal experiences of starting with low rates and gradually increasing them to reflect the value provided. The hosts highlight the significance of understanding one's worth and not being afraid to charge a fair amount for the services offered, emphasizing the balance between providing value and sustaining one's business.
Balancing Fun and Finances in Business
The episode explores the balance between having fun and earning enough to sustain one's business, emphasizing personal enjoyment and fulfillment in work. It discusses prioritizing enjoyment and mental well-being alongside financial sustainability, acknowledging that success in business doesn't have to solely focus on financial gains. The hosts share their perspectives on aligning personal values and goals with business decisions, highlighting the importance of finding joy in entrepreneurial endeavors.
Navigating Challenges of Running a Business
The podcast episode touches on the challenges of running a business and making decisions based on personal preferences and goals. It examines the concept of progressive overload, equating it to business growth and adaptation to new circumstances. The hosts discuss the need for a strong drive and perseverance in entrepreneurship, emphasizing the importance of balancing work responsibilities with personal fulfillment and enjoyment in business endeavors.
Exploring the Dynamics of Power Users in Applications
The episode delves into the role of power users in apps and the challenges they face in troubleshooting and adapting to software updates. It discusses the nuances of catering to power users in terms of bug fixes, workarounds, and feature requests, highlighting the intricacies of meeting the diverse needs of advanced users. The hosts reflect on the capabilities and limitations of applications in addressing the demands of power users, emphasizing the importance of user experience and functionality for advanced users.
Importance of Offline Mode and Data Backup in Applications
The podcast episode underscores the significance of offline mode and data backup in applications, considering the vulnerability of online platforms to downtime and technical issues. It discusses the implications of relying on cloud-based services and the need for robust backup strategies to mitigate risks of data loss. The hosts reflect on the impact of internet disruptions and emphasize the importance of balancing convenience with data security and accessibility in digital platforms.
This episode we discuss how we started charging for our work and the hows and whys involved in making a decision on pricing - and then actually asking people to pay us for the value we give. ;)
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