Creatives Rule the World

EP387: How Much Should I Pay Myself As a Jewelry Designer?


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We just wrapped up the Jewelry Brand Makeover Bootcamp and it was AMAZING! We welcomed 172 (and counting) jewelry business owners into our Laying the Foundation Program.

During the bootcamp, I got this question several times: How much should I pay myself as a jewelry designer?

The mindset and psychology behind your pricing is really powerful and an important factor to paying yourself.

That’s why today, I’m sharing a snippet from our Ask Me Anything Q&A. The answer to this one question is not an easy one because most jewelry business owners approach paying themselves in the completely WRONG way. 

What you pay yourself is directly related to your pricing but more than likely, not in the way you think.

During the episode, I break down…
  • Why most makers think about paying themselves in the wrong way (and it’s keeping them broke)

  • How to price and incorporate the right labor fees into your jewelry

  • The ONE metric you need to know in your jewelry business to pay yourself WELL

  • The “hourly” conundrum and mindset around your role in your company

  • And a lot more…

Here are the resources mentioned in the show:

Join Laying the Foundation

Book a Discovery Call

Buy My Book: The Desired Brand Effect

Are you enjoying the podcast? We’d be so grateful if you gave us a rating and review! Your 5 star ratings help us reach more businesses like yours and allows us to continue to deliver valuable content every single week. 

 

  1. Click here to review the show on Apple podcast or your favorite platform

  2. Select “Ratings and Reviews” and “Write a Review”

  3. Share your favorite insights and inspirations

 

If you haven’t done so yet, make sure that you subscribe to the show wherever you listen to podcasts and on Apple Podcast for special bonus content you won’t get elsewhere.

xo, Tracy Matthews

 

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Creatives Rule the WorldBy Tracy Matthews

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