Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

#257: Pricing For Freelancers: 5 Ways To Set Your Rates | Back To Basics

#257: Pricing For Freelancers: 5 Ways To Set Your Rates | Back To Basics

From6 Figure Creative


#257: Pricing For Freelancers: 5 Ways To Set Your Rates | Back To Basics

From6 Figure Creative

ratings:
Length:
31 minutes
Released:
May 25, 2023
Format:
Podcast episode

Description

This week we're tackling a challenge we all face as creatives: how should we price our work? Getting this right is a huge deal, but damn it can be tricky!
Pricing your services isn't just about picking a random number. A lot of us tend to set our rates by looking at what others charge or by trusting our gut.
If that sounds like you, no shame, but this is the #1 way you end up undervaluing your work and undercharging. Part of this is about self-confidence, part of it's the fear of losing a gig.
If you're thinking, "That's totally me, always underpricing", it's all good. We've all been there. The key is to recognize this pattern and aim to break it. You've got to develop a solid strategy for setting rates that truly reflect your worth.
So, are you ready to take a deep dive into the sometimes-intimidating world of pricing? Let's kick the undercharging habit in the A$$ and figure out a better way to price your services.
In this episode, we'll walk through five different ways you can price your services. We'll dive into each method, discuss the pros and cons, and give you the tools you need to decide which one works best for you.
In this episode you’ll discover:

The minimum income goal for any freelancer

The consequences you face as a low-earning creative

Overworking yourself with low rates

How to price your services

Using value-based pricing for your business

Protecting yourself with flat rate pricing

How to keep clients consistently coming back

The gutsy payment method that big agencies can use

For full show notes, visit https://6figurecreative.com/257
Released:
May 25, 2023
Format:
Podcast episode

Titles in the series (100)

6 Figure Creative is a podcast that helps freelance creatives earn more money by doing what they love. If you’re trying to avoid the never-ending grind of a 9–5, or just want to earn more money doing what you do best (creating), 6 Figure Creative is your new favorite show! Join host Brian Hood and his guests as they explore topics such as mental health, finances, sales, marketing, time management, the digital nomad lifestyle, and more.