The Summer Training Series is in full swing and this week we focused on pricing your products and services for profit. One of the biggest challenges entrepreneurs have is what to charge for their services. Often times they have set their fees too low. As a result, these business owners are stressed, frustrated and overwhelmed because their profits are in the red and not in the black – making money.
Key Takeaway #1:
Our words have a way of becoming our reality. It’s important that you pay attention to the words you’re speaking because they could be keeping the profits away and driving your fee structure. Do you ever say any of the statements below? If so, that could be the sign of an unhealthy relationship with money. In other words, these statements could be blocking the flow of money into your business.
- I Don’t Like Numbers
- I’m Not Good At Math
- I Don’t Have Time To Do That
- I’ve Never Been Good With Math
- I’m Not Good With Money
Key Takeaway #2:
If you’ve ever been in a relationship with someone who said – I love you, I want to be with you… but their actions said differently. It’s the same way with money – everybody wants more of it but not everyone appreciates and respects it. Therefore money may come into your business every now and then but it doesn’t stay very long. Because it goes where it’s appreciated and respected.
Think of it this way: George Washington would love to bring his friend Benjamin around but George decides he’s not going to stick around very long nor is going to bring his friends because of the way he’s been treated by you.
If you really want to bring more money into your business, then you must first learn to appreciate and respect it with your words and actions.
By the way, there’s still time for you to register to join us for our next webinar during the Summer Training Series. But it’s going to end soon, so grab your seat now. www.SummerTrainingSeries.com