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REAL AF with Andy Frisella
723. Q&AF: Handling “Friends & Family” Discount, Traditional Ways Vs Modern Ways Of Doing Business & Developing A Winner’s Mindset
Jun 10, 2024
Topics discussed include handling requests for 'Friends & Family' discounts in business, bridging generational divides in the workplace, and cultivating a winner's mindset. Strategies for valuing services, leveraging technology and traditional knowledge, and setting ambitious goals are highlighted.
37:58
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Quick takeaways
- Value your worth and set boundaries to avoid discounting pressures from friends and family.
- Leverage technological fluency to add value in traditional business settings dominated by older generations.
Deep dives
Challenges of Offering Discounts to Friends and Family
Feeling compelled to offer friends and family discounts or free services, the podcaster highlights the challenges faced by a business owner dealing with pricing insecurities rooted in past experiences of financial struggle. Emphasizing the importance of pricing confidence, the podcaster advises to resist automatic discounting without external pressure, fostering a mindset shift towards valuing one's worth and setting boundaries to prevent profit margin erosion.
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