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Boutique Growth / September 25, 2019

Pricing Mistakes

Harsh truth: No one cares how long it takes you to do the work. 

I recently hired my 16-year-old nephew to do some landscaping. 

We were negotiating the price and he started asking questions like:

“How much will you pay me per hour?”

“How long do you think it will take?”

My response…

“I don’t know what your rate should be and I don’t care how long it takes.”

He seemed confused. 

So I taught him a quick masterless him how to price based on value, not time.

The result?

He made double what he would’ve made had I paid him hourly. 

An important lesson here if you’re a consultant or a service provider…

? STOP SELLING TIME ?

Clients don’t care what your rate is or how long it takes. 

They only care about one thing. 

The result… and what it’s worth to them. 

Charge accordingly.

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