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Side Hustle School

#2554 - Failure Friday: The Surprising Impact of Pricing Tiers

Side Hustle School

Chris Guillebeau

Business, Side Hustle, Entrepreneurship,, Careers, Entrepreneurship, Small Business

4.73.3K Ratings

🗓️ 29 December 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

In this week’s Failure Friday segment, we hear how an online course creator's reluctance to implement pricing tiers limited their income. Once she made the change, she experienced dramatic growth in profits.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Twitter: @chrisguillebeau

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Spark your creativity with the Sims. Sometimes you might feel like you're not creative

0:07.0

and you have to go in search of your creative spark again. Maybe this is catching up with creative

0:11.9

friends, experimenting with a new look or trying out a new recipe.

0:16.0

And thanks to The Sims, inspiration is just one game and one spark away.

0:21.0

Ready to spark something? Download the Sims 4 and play for free. Hello, hello, hello. This is our final Failure Friday episode failure Friday segment of the year.

0:45.4

Welcome to Side Russell School.

0:46.6

We're going to do something a little bit different.

0:48.3

Well, it's not super different.

0:49.9

We're going to hear a story.

0:50.9

That's what we do in these episodes.

0:52.1

We hear a story about a mistake, a misstep, a story. That's what we do in these episodes. We hear a story about a

0:53.7

mistake, a misstep, a disaster, or an actual all-out failure and you get to hear

0:59.1

directly from a side-usler who has struggled in some way and there's always a lesson right it's like what do we learn

1:04.4

from this experience but the thing that's a little different here is it's actually more of a success

1:09.7

you know the failure is kind of failing to act sooner. There's some regret in the sense of oh I wish I had known this because it would have made a huge difference in my business in life had I done something sooner. But you know life is about those things life is full of those

1:23.7

things like if only we had known this or if only we had taken action on something

1:27.6

we knew then yes our life would be different and better but all we can do is

1:32.1

you know what's in front of us now right so I try not to dwell too much on the past I try to always think what can I do now that's going to impact my life positively going into the next year you know especially as we are here at the end of the year.

1:44.0

So today's episode, we're going to call it the surprising impact of pricing tiers,

1:49.0

and I've heard stories like this before I like this particular example but basically

1:53.6

we're going to hear from an online course creator who was reluctant to implement pricing

1:57.8

tiers basically a range of options you know for their courses they like, my course has one price and that's it. And, you know,

...

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