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Let's talk branding

Jonathan Stark - Value-Based Pricing

Jul 28, 2019
59:19

We talk about:



  • Jonathan’s beef with hourly rates.

  • Clients don’t want your time, they want your results.

  • Time is the wrong thing to focus on. What should you focus on instead?

  • Transitioning your business away from the hourly model and to the value pricing model.

  • The big transition: switching your mindset in the sales interview.

  • You want some urgency from prospects. Why do they want it now?

  • You need to ask them: “why me? Why not someone cheaper?”

  • Be confident that what you deliver is the best out there, and simply be confident as a business person.

  • Come to them as a peer and know you have control in the conversation.

  • You need to be prepared to walk away from any client.

  • How you can position yourself to make things easier.

  • Always ask for testimonials from happy clients."

  • What is the leading indicator that you think will lead to sales?

  • Learn the difference between the strategy and the deliverables.

  • Break down every possible assumption in advance.

  • How to deal with cashflow problems.


Important Quotes:



  • “It destroys wealth and value creation.”

  • “What is their real objective?”

  • “My whole life was hours.”

  • “They’re expecting to get something back.”

  • “That’s just basic hygiene.”

  • “Share that out to the world.”

  • “They don’t want to know how hard your job is.”

  • “This is definitely a million dollar thing for you.”



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit letstalkbranding.substack.com

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