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736: The Pros and Cons of Hourly Billing: Is it Time to Switch to Value-Based Pricing?

736: The Pros and Cons of Hourly Billing: Is it Time to Switch to Value-Based Pricing?

FromThe Strategy Hour Podcast: Systems and Marketing for Service Based Businesses with Boss Project


736: The Pros and Cons of Hourly Billing: Is it Time to Switch to Value-Based Pricing?

FromThe Strategy Hour Podcast: Systems and Marketing for Service Based Businesses with Boss Project

ratings:
Length:
39 minutes
Released:
Apr 20, 2023
Format:
Podcast episode

Description

Does your input feel aligned with your output? If you are billing hourly, chances are things are beginning to feel unbalanced. In this episode, we fill you in on how we can help you make the transition from hourly billing to value-based pricing, creating a more predictable business and recurring income. Today, we want to introduce you to new pricing models and provide insight into how to prepare your clients for the changes. 
If you don’t want to be trading each of your hours for a dollar, it’s time to consider value-based pricing. If you continue to only get paid for the time you’re physically working on clients’ projects, you’re never going to be able to scale beyond a personal income. You need to be paid for every aspect of your job! There is a way to transition without dismantling your current business and our Incubator program will walk you through the steps. Stay tuned as we break down how, exactly, our Incubator program is structured and how we can help you calculate the ideal pricing for your unique business.
Thank you for listening! Please subscribe, rate, and review The Strategy Hour Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated. For show notes, go to thestrategyhour.com.
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Released:
Apr 20, 2023
Format:
Podcast episode

Titles in the series (100)

Get actionable strategies and killer marketing tips to grow your creative business inside The Strategy Hour podcast. Say goodbye to the “side-hustle” mindset and hello to getting paid (and paid well) to do what you love. Your hosts Abagail Pumphrey and Emylee Williams from Boss Project share all the ins and outs of their experience growing a successful 6-figure online business. You’ll hear from some pretty amazing entrepreneurs like David Siteman Garland of the Rise to the Top, Nathan Barry of ConvertKit, Natalie Franke of the Rising Tide Society, and Ankur Nagpal of Teachable. These in depth interviews go straight to the meat and potatoes (a.k.a. Actionable steps you can take away and use in your business today). Our episodes cover a wide range of topics, including growing an online audience, email automation, diversifying your products and offers, generating more sales online, social media, outsourcing, affiliate marketing, productivity, systems, and how to treat your passion like the real business it is. It’s time to become a total creative BOSS! Find show notes and resources at thestrategyhour.com.