4.8 • 681 Ratings
🗓️ 5 May 2025
⏱️ 20 minutes
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0:00.0 | Everything that we do here is to make more money. |
0:01.5 | If you charge low prices, your product will be perceived as low value, increase your prices, |
0:06.0 | and you will not only make more money, but people will actually use your product and value it more. |
0:11.0 | This is pricing psychology that few understand. |
0:14.0 | Here's how Steve Jobs thought about it. |
0:16.0 | Our goal is to make the best personal computers in the world and to make products we are proud to |
0:21.7 | sell. What we don't realize mostly is that pricing is the ultimate growth lever. Yet most small |
0:26.4 | businesses fail to pay attention to it. And if they do, they tend to underprice out of fear. |
0:31.1 | The reality, get it wrong. You'll hate your customers. Get it right. And you can help yourself |
0:35.8 | build a profitable, resilient business that |
0:37.9 | customers respect and pay for. So today I'm going to go through how do you price your business better? |
0:43.1 | Your action steps are going to be these. Hello and welcome with the Big Deal podcast. I'm |
0:49.9 | Cody Sanchez and this week we're doing something a little different. If you've ever asked why do you make these videos? |
0:55.4 | Well, I own a portfolio of businesses and we invest in small businesses across the country |
1:00.7 | and we invest in the infrastructure and technology of the companies that build our small |
1:05.6 | businesses. |
1:06.6 | So part of the reason why I am doing these episodes now on Build is so that you may one day partner with us. |
1:11.6 | Maybe you let us invest in your company. |
1:13.6 | Maybe we grow alongside you. |
1:14.6 | Maybe you even sell your company to us. |
1:16.6 | So I hope you make more money. |
1:17.6 | I hope you build in your community. |
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