x

How to make the money you deserve when you start your business

Many believe they have to wok for free as they build up experience, knowledge and reputation. Actually that is a trap mentality.

First and foremost in order to succeed in business you must know your worth in respect to what you have to offer and financial gains.

Working for free or undercharging for your work creates frustration, you don’t give your best self, and your client doesn’t take the work as seriously as they would if they were paying well for it.

If you want to attract more money into your life and meet your income goals, then you need to get comfortable charging for your time and services.

Release the idea that it’s awkward or uncomfortable to talk about your fees or to charge for your time and services, because it really isn’t.

In fact, it actually sets an excellent example for those around you when they see someone having strong self worth, healthy money boundaries, and a constantly developing money mindset.

You are in business to help people and to create a lifestyle that works for you.

Here are some mentoring points to help you get comfortable charging well for your time.

1. Clients take work they pay for more seriously
One of my private clients is a personal trainer and recently told me about his frustration around giving friends free sessions and how they didn’t seem to take them seriously.

He felt like his time and energy weren’t being appreciated.

Have you experienced something like this?

We coached on this and I explained that people take things seriously when they invest in them and that it’s actually better for the client if they pay for your time and services.

It creates a better energy between the two of you and also means that they are much more likely to take the work you are doing seriously and benefit from it.

You are actually doing your clients a much better service when you help them to step up, invest in themselves, and take the work they are waiting to do seriously.

2. You deserve to be well paid for what you do
If you are good enough to be working with, then you are good enough to be paid for your time.

It’s as simple as that.

You deserve to be well paid for what you do and to feel comfortable charging for your time, like any other professional does.

3. You do your best work when you are being well paid
When you feel well paid, respected, and valued for your time and energy and are working with clients who are engaged and proactive, you are naturally going to do your best work and give more of yourself.

4. The best experience in business is real time
Working for free isn’t actually a good experience, because it’s not work being done in a professional or formally agreed setting, it often gets a bit messy and confusing and one person usually benefits a lot more than the other.

I’ve had clients lose friends over this and get themselves into sticky situations.

When you are building your business, it’s important to get into good business habits from the start.

Not only for yourself and your income, but for the clients you are going to be working with as well.

Everyone benefits when there are clear boundaries and money is being exchanged for services.

You can choose a cause that is close to your heart and donate time, money, or services every month or choose a pro bono client as a way of giving back.

Hot this week

IGBO ADORATION DAY IS A LAUDABLE PROJECT,  OHANAEZE NDIGBO CHIEFTAIN 

   The President of Ohanaeze Ndigbo, Abia State Chapter,...

NSCDC denies withholding staff promotion, salary arrears

The Nigeria Security and Civil Defence Corps (NSCDC) has...

EFCC Arraigns Firm and Six Individuals Over Alleged €100m Fraud in Abuja

The Economic and Financial Crimes Commission (EFCC) has arraigned...

Reps Urge FG to Harmonise Poverty Reduction Programmes

The House of Representatives has urged the Federal Government...

2026 Grammy Awards: Davido, Burna Boy, Ayra Starr others lose out; check out full list

Nigerian artistes including Davido, Burna Boy, Wizkid and Ayra...

Plateau Government Confirms Free Access to Anti-Snake Venom in Designated Health Facilities

By Israel Adamu, JosThe Plateau State Government has assured...

Kaduna: 80 Worshippers Escape After Church Abduction as Scores Remain in Captivity

By Achadu Gabriel, KadunaAt least 80 Christian worshippers abducted...

KGIRS Conducts Promotion Examination for 340 Staff in Kogi

The Kogi State Government has reaffirmed its commitment to...

Abia Records Surge in School Enrolment as Education Sector Expands

By Okechukwu Keshi UkegbuThe Abia State education sector is...

Bayelsa NUJ Urges State Government to Immortalise Late Deputy Governor Ewhrudjakpo

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

Sudden Death at Abuja Mosque Raises Cardiac Arrest Concerns

By Sam AgogoShock and grief gripped worshippers in Abuja...

Related Articles

Popular Categories

spot_imgspot_img