Welcome to another episode of the podcast that teaches you how to be a ridiculously good virtual assistant.

Today we are going to talk about raising your rates the right way.

Quote: Your most important sale is to sell yourself to yourself. - Maxwell Maltz

Very hard to find a quote about raising rates - with inflation and all of the industries that got nailed by the pandemic, everything has gone up in price, including service industries. So I've gone with Maxwell Maltz's quote here today because it's so important to be confident with your rates. If you believe that what you are charging is what you are worth, that will come through in your confidence in your sales conversations, which is essential to getting that client. Let's go!

Today I want to talk about raising your rates.

It's a common conversation in VA circles, I think we are always wondering if our rates are 'right'. I know that a lot of VAs I work with think their rates are fine where they are, and I think they are too low.

When I work with you, I will almost always suggest raising your rates, but I'll never force you to! At the end of the day, it's your choice - but every decision in your business is easier when you are charging appropriately.

Remember you are running a business, and it's important to build a foundation that you can build on.

One of the most common times I will suggest raising your rates is when you are trying to bring subcontractors in to work with you.

Your rates need to support paying someone else to do the work for the clients - not all of the work of course - you also have to allow for your admin time to manage the client and the sub.

But of course there are all kinds of reasons that you might want to raise your rates - in this episode we will talk about several of them.

Raising your rates is something we can work on together in The Virtual Circle, my mastermind group for Virtual Assistants. Check it out at www.YourVAMentor.com/TVC (the virtual circle) - I bet it's exactly what you need to get revenue coming in and running a better business.

If you need some help with setting or raising your rates, reach out to me at [email protected]

I've helped hundreds of VAs through their challenges and got them on their way to growing their business through my private and group coaching. I'd love to do the same for you.

That's all I've got for you this week, see you next time!