Take It Personally

#56: When to Raise Your Prices


Listen Later

Pricing is challenging, it’s emotional, and it feels personal. And as women, we already deal with so much more imposter syndrome and inferiority complex - it is all more rampant among women than men. And I think a lot of that is because with men, if they do have some kind of imposter syndrome, it is a bit easier for them to look around themselves and see other men in positions of power or another man doing what they want to do.

It is harder for women, for people of color, for minorities to be able to see the type of person that we want to be, in the role that we want to be, reflected back at us. It’s harder to find someone who looks like us in roles of leadership.

Yes, I do think it’s changing and shifting! But it’s happening slowly, or at least at times it feels like it. And it can lead us to get stuck in this cycle of imposter syndrome and feeling like we aren’t worthy for asking for more money for our services. And I’m over it! I think women should charge more. I think creatives should charge more. And this episode today, if nothing else, is permission to charge more.

But I also wanted to share some practical things to think about and tips if you feel like you are in a place of wanting to raise your prices. Here’s some of the main things I talked about in this episode:

  • When it is time to raise your prices
  • When was the last time you raised your prices?
  • Looking at your cost increases
  • Explaining your price increase to clients or not
  • Education investments
  • What to do if you are overbooked and overwhelmed
  • Small price hikes throughout the year versus an uncomfortable, massive income
  • Working with clients who don’t appreciate you and your services
  • Does anyone describe you as cheap or affordable?
  • “Charge your worth”

Chilled Freezer Meals: 10% off your first order with the code MADDIE.

Full show notes here

Some of the best conversations happen after the show in my private Facebook group, Take It Personally Podcast. Click here to join in!

...more
View all episodesView all episodes
Download on the App Store

Take It PersonallyBy Maddie Peschong

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

94 ratings


More shows like Take It Personally

View all
The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,577 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,064 Listeners

Be There in Five by Kate Kennedy

Be There in Five

7,202 Listeners

Relatable with Allie Beth Stuckey by Blaze Podcast Network

Relatable with Allie Beth Stuckey

21,149 Listeners

The Graham Cochrane Show by Graham Cochrane

The Graham Cochrane Show

471 Listeners

She Slays the Day with Dr. Lauryn Brunclik by Lauryn Brunclik

She Slays the Day with Dr. Lauryn Brunclik

177 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,606 Listeners

Brand It, Build It Podcast with Kelly Zugay of With Grace and Gold by Kelly Zugay of With Grace and Gold®

Brand It, Build It Podcast with Kelly Zugay of With Grace and Gold

53 Listeners

This Can't Be That Hard by Annemie Tonken

This Can't Be That Hard

123 Listeners

Doing Life Differently by Katelyn James

Doing Life Differently

255 Listeners

Oh Shoot! with Cassidy Lynne by Cassidy Lynne, Bleav

Oh Shoot! with Cassidy Lynne

489 Listeners

Passion With Purpose - Photography Podcast, Creative Business, Six Figure Photographer by Nathan Chanski - Photography Business Coach

Passion With Purpose - Photography Podcast, Creative Business, Six Figure Photographer

548 Listeners

The Work Between: The Business of Photography by Allison Craig, Jenny Cruger

The Work Between: The Business of Photography

7 Listeners

Luxe & Legacy Podcast by Marie Elizabeth and Amber Courtney

Luxe & Legacy Podcast

4 Listeners