#2857 - Q&A: “How do I price my first workshop??”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.8 • 3.3K Ratings

🗓️ 27 October 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, we explore how to price your first workshop. Learn tips for calculating costs, researching the market, and finding the right pricing strategy to make your workshop a success. 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: [email protected] 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.substack.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. 😎 🙏🏼 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Turning an idea into a small business doesn't happen by accident.
0:03.6	You need to be all in. At constant contact, we have the digital marketing tools you need to get the word out,
0:09.2	close the sale, raise the funds, and gather a community around this thing you've built.
0:13.6	So let's do this together.
0:15.1	Let's send this, share this, and shout this from the rooftops.
0:18.2	Let's segment this, automate this, and AI this for real results fast.
0:22.8	Let's get out of this what we put into this.
0:24.5	Let's build this, let's grow this, let's win this.
0:27.3	Get started today at constant contact.com.
0:31.6	Adobe Express is the quick and easy create anything app.
0:35.0	It has taken my content to the next level,
0:38.0	making it simple to create everything I need to promote my business.
0:41.0	From Instagram and Tik-top posts to logos my business. From Instagram and Tik-Tock posts to logos and flyers, all in just a few
0:45.8	clicks. Build your brand with Adobe Express. Search for Adobe Express to find out more and
0:52.3	get the app for free. Adobe Express to find out more and get the app for free.
0:54.0	Adobe Express, the quick and easy create anything app. How do you price your first workshop? Let's say you're going to host a workshop, whether in person or online, how do you decide how to price it?
1:18.0	And naturally you want to price it as high as you can so you can profit as much as possible, but still within a range that your
1:25.7	customer or client is comfortable with. So you want to find that sweet spot between what they're willing to pay and
1:30.4	what is best for you. This question comes to us today from
1:33.7	Olivia, she's in South Carolina, is in fact gearing up to host her first
1:37.6	workshop. Not sure what the topic is, maybe she'll tell us, maybe not, but the point is
1:41.6	she's not sure how to price it.
	...

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