Pricing Formula | Wealthy Business Moment

Wealthy in Pajamas

There are a lot of different theories out there on how to price yourself, many specific for the fine art industry, but less for creative or spiritual businesses.

It is really important to find a way to price yourself that actually supports your energy capacity, your desired work style as well as your lifestyle. In this episode you will discover the formula Sonya recommends which you can use to price your services/products.

[00:00] - Introduction

[01:36] - Expense categories to look at

[03:18] - What to look at when figuring out your prices

[04:38] - Creating room for profit

[05:12] - Upcoming, desired, & anticipated expenses

Key points from this episode:

• There are a lot of different theories out there on how to price yourself, many specific for the fine art industry, but less for creative or spiritual businesses, which is different to other services and products.
• There are a couple of different categories that I suggest people look at and add up when they are setting income and profit goals. These are; your business expenses, your personal expenses, any debt that you have to pay off, fun money, and desired expenses.
• It's important that you think about pricing yourself to profit, so you can get the things, experiences and lifestyle you desire and contribute to the causes, people and communities you care about.
• It is key to look at upcoming and desired/anticipated expenses.

Free pricing guide: https://www.realworldcreatives.com/pricing-guide

If you need some extra help figuring out your perfect prices, and making sure that you're in total alignment with your prices, your offers, and the energy and mindset behind what you're putting out into the world- head here for more resources and ways to work together: https://bit.ly/wealthypjs