144: Are You Undercharging for Your Services?
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The vast majority of business owners I work with - whether they’re bringing in $100K or $1M in revenue - are undercharging for their services. If you’re bringing in clients but struggling with cash flow and paying yourself a six-figure salary, then you’re likely also undercharging for your services. In this episode, I share how to calculate pricing that will give you the profit you need to pay yourself well and save on for your wealth-building journey.
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
Links mentioned:
Are you ready to create a high profit business strategy that grows your business, profits, and bank account? Then join my FREE Profit Plan Challenge and I'll walk you through daily trainings and assignments to help you create a profitable, sustainable, and aligned business.
🚀 https://sarahhyoung.com/profitplan
In this episode, you’ll learn:
- 0:00 Download my free pricing calculator
- 1:56 How most people set their pricing and why it’s not profitable
- 4:25 The surefire signs that you’re undercharging
- 5:46 Calculating whether you’re pricing for profitability or not
- 10:39 Client examples of workshopping offers and pricing for more profit in less time
