34 min listen
#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
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$$ and figure out a better way to price your services.
In this episode, we'll walk through five different ways you can price your services. We'll dive into each method, discuss the pros and cons, and give you the tools you need to decide which one works best for you.
In this episode you’ll discover:
The minimum income goal for any freelancer
The consequences you face as a low-earning creative
Overworking yourself with low rates
How to price your services
Using value-based pricing for your business
Protecting yourself with flat rate pricing
How to keep clients consistently coming back
The gutsy payment method that big agencies can use
For full show notes, visit https://6figurecreative.com/257
Pricing your services isn't just about picking a random number. A lot of us tend to set our rates by looking at what others charge or by trusting our gut.
If that sounds like you, no shame, but this is the #1 way you end up undervaluing your work and undercharging. Part of this is about self-confidence, part of it's the fear of losing a gig.
If you're thinking, "That's totally me, always underpricing", it's all good. We've all been there. The key is to recognize this pattern and aim to break it. You've got to develop a solid strategy for setting rates that truly reflect your worth.
So, are you ready to take a deep dive into the sometimes-intimidating world of pricing? Let's kick the undercharging habit in the A$$ 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)
#56: Three Fundamentally Different Business Beliefs That Will Make Or Break You: In this episode of The Six Figure Home Studio, Chris rants about irresponsible business partners and contractors. Brian brings the discussion around to talk about the three business beliefs that can make or break your business. Listen to the... by 6 Figure Creative