I’ve had a lot of my coaching clients and my creative colleagues bump up against this one lately. I want to make this easy and give you just three simple techniques that will help blast you through to your true value with the confidence to claim it.
#1 Know What Your Clients Are Getting (HINT: It isn’t what you think.)
As a service based professional and creativepreneurs you might think they are getting your service; you might imagine that they are getting a beautiful new interior (if you are in design); you might guess that they are paying for your skill as a writer or speaker. They aren’t. In fact what you are selling is uniquely you. That’s right, you are the only one in the world who can deliver it because it is based on YOU. You are selling your years of experience, education, failures and triumphs, insights and wisdom, the essence of your expertise. It is profoundly valuable and you deserve to be compensated fairly and well for it. This isn’t about what the market will bear at all. Remember YOU are unique and provide something no one else can in exactly the same way. Rethink what you are charging, I’m betting you are worth at least one and a half to twice what you’ve been asking (and getting.)
#2 Know Who is in Your Mirror (HINT: You can change the reflection.)
Now just because you can state your worth aloud doesn’t mean you can easily or comfortably ask for it. This takes practice and sometimes lots of it. So here you go, twice a day get in front of the mirror (you may want to do this behind closed doors as you don’t want to be distracted). Look yourself squarely in the eyes, no flinching, no giggling, no blushing, no looking away or down, and state the affirmation here or one of your own making that is similar. It may take you a week or a month, but this does work. This is about retraining both your conscious and your unconscious mind to accept your new and real value.
“I, your name, am a talented and experienced creative professional and deserve to be well compensated for the value I provide. I work exclusively with clients who know, like, and trust me and appreciate my creative gifts. My time is precious and my fee is (whatever your fee is, if you work off packages then insert the value of these.)”
#3 Charge Differently and You’ll Eliminate Comparison and Competition
When your entire industry charges by the hour, charge by the package. When your industry charges by the service, charge by the project. When your competitors (we all have them) charge cost plus, charge retail less a discount. The point is when you charge differently it becomes far more difficult to be compared and your inherent value will stand out. You will remove yourself from being a commodity and instead set yourself apart as a one-of-a-kind investment with an ROI! The point is to be YOU and get what you are uniquely worth.
Hi Melissa,
These three points are fabulous and so timely. My business partner and I struggle with this more than we dare to admit; your perspective will be very helpful in getting done with the struggle!
thank you!
katherine
Great tips again Melissa! You were gifted not only with an artistic eye but expressive in the english language I enjoy reading all of your articles.
Hi Melissa,These three points are fabulous and so timely. My business partner and I struggle with this more than we dare to admit; your perspective will be very helpful in getting done with the struggle!thank you!katherine
+1
Thanks so much Angela, always love to share value to move you forward in your passion!
I totally agree Melissa. As uncomfortable as it may be I love the exercise you have suggested. We really need to retrain our mind to accept our new reality. Thanks Melissa
Hi Melissa!
Some really great tips here…makes it easy to put things in perspective and make decisions based on true value and worth!
Have a beautiful day~
Kathleen
Thank you for the tip of charging differently. This has given me some creative ideas!
This is such great advice, especially #2. I have been asked to work on a project by friends, came up with a price, ran it by a colleague who knew I had undersold myself and immediately doubled the figure. I gasped, but several times a day I look in the mirror, repeat the words above, and then repeat the doubled figure. When I meet with the clients next week, I know I will be set to say the new $ amount because I have already said it so many times before!