Knowing your numbers is powerful. By knowing your profit margins and your goals, you can make a monthly, weekly, and daily plan of exactly what you need to do in order to make the amount of money you need to make. So stop flailing around and get knowledgeable, so you can spend your time as effectively as possible.
“How can I feel ok about what I charge? How do I stop apologizing for my prices? How do you stand by your prices?”
This week I was asked this question and I want to dive deeper into this because it is so so vital for the health of your business and your mental well being. The more confidence you have when discussing your prices, the more sales you'll make.
Are you friends? Are you terrified by it? Do you feel gross when we talk about it? Today I’m going to explain what I meant when I said in a recent episode that I improved my relationship with money. I’m also going to give you some ways to work on your own relationship with money.
Do you feel a little insecure talking to bankers or fancy businessmen about your handmade business because you don’t know all the accounting terms? Want to talk about money and make decisions more comfortably?
Today I’m going to introduce you to five accounting terms so we can talk more about money!
Before we dive into the terminology I want to tell you this – the Starship, my online community for makers and artists, which includes access to all of my classes, including the updated and expanded Pay Yourself and Pricing 101, opens next week. I’m not going to open it to the whole world, only to the people who have signed up to learn more about it.
So if you wanna learn more about it and if it’s for you, sign up here. Because I’ve added new and updated classes to it this year, the price is going up when it opens next time, so if you want in at its current price, you gotta be signed up right here!
Not sure how to charge the price you need and still get customers to buy it? Worried your pricing is too low or too high? Today we're talking about how to get the fair price of your work by communicating its value to potential customers. You see, there is a big difference between the price of something, and the value of that thing. It is your responsibility to communicate that value and today's episode will teach you how.
This week, with the re-release of Pricing 101, we're talking about money. Today let's talk about that perennial question: How can you start (and grow) a business with very little money? What are your options when you can't spend money on advertising or staff?
In this episode of Explore Your Enthusiasm, we'll talk about:
How I started my yarn business with no money
How you can start (and grow) a business with very little investment