Ditching Hourly Why I Would Happily Pay Ten Bucks For A Dollar
Oct 26, 2017
Explore the intriguing concept of the subjective value of money through a relatable story about a family outing. Witness the stark contrast between perceptions of worth as they tackle a claw machine challenge. Discover how personal experiences shape our understanding of services and pricing. The discussion also dives into strategies for more effective business practices, like value pricing and productizing services, ensuring you feel valued in your work.
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Claw Game Cash
- Jonathan Stark ran out of $1 bills for his daughter's claw game.
- He would have traded a $10 bill for a single dollar, highlighting money's subjective value.
Subjective Value
- Money's worth is subjective and depends on individual circumstances.
- A good deal exists when both buyer and seller perceive value exceeding the monetary cost.
Business Coaching
- Consider value pricing, positioning, and productizing your services.
- Book a coaching call with Jonathan Stark to improve your business.