The Dept. w/ Omar El-Takrori How To Ethically 10X Charge More (Doing Less!) ft. @melaninmoney | The Dept. #78
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Jun 18, 2025 Explore how to charge premium prices by understanding your value and tackling real client problems. Discover strategies for ethical price increases and the importance of content creation in attracting high-paying clients. Learn about the balance between passion and profit, alongside crucial tips for structuring your business for success. Smart tax strategies, including transitioning from LLC to S Corporation, are discussed to maximize wealth. Lastly, delve into aligning your financial strategies with personal goals for sustainable growth.
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Charge Based on Self-Worth
- You cannot charge what you don't believe you're worth; confidence comes after competence.
- Work on yourself first to become a person of eminent value and then charge the marketplace accordingly.
Charge For Speed, Not Stuff
- Clients pay for speed, not necessarily more stuff or time.
- Providing faster solutions makes price less relevant in the client's context.
Raise Prices With Growth
- Start charging lower prices because of your current value and confidence level.
- Invest in yourself to increase skills and perceived value before raising prices aggressively.