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Make Money as a Life Coach®

Ep #264: When to Raise Your Prices

Make Money as a Life Coach®

Stacey Boehman

Entrepreneurship, Buildingatribe, Branding, Sales, Networkmarketing, Self-improvement, Business, Lifecoaching, Influence, Marketing, Education, Impact

4.6831 Ratings

🗓️ 17 January 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

January is a time when you may be considering the changes you want to make this year and what you’re going to do to hit your business goals. You might be considering raising your prices as a key part of achieving your revenue goals, and in this episode, I’m sharing my philosophy for doing so from my years of experience working with thousands of coaches.

 

I’m unveiling the most common thoughts that people raise their prices from and why doing it from this mindset could backfire on you, how to create a ton of value as a coach, and an exception to the rule that is worth questioning for yourself. 

 

If you want to start making serious money as a coach, you need to check out 2K for 2K. Click here to join: https://staceyboehman.com/2kfor2k!

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Make Money as a Life Coach podcast.

0:08.0

We're sales expert and master coach Stacy Bayman teaches you how to make your first 2K,

0:14.0

20K and 200K using her proven formula.

0:18.0

Hey coaches, welcome to episode 264. Again, happy new year. Today I'm going to talk about

0:27.3

when to raise your prices because you might be thinking about your offers this year and what you're

0:36.6

going to do to hit your goals and making changes at the

0:39.6

beginning of the year. And so I thought this might be a really great episode. And then next week,

0:44.6

I'm going to talk about when to lower your prices. What? There's a time to do that too.

0:50.8

There's a list of four reasons that we're going to cover in that episode on why you

0:55.3

might choose to lower your prices and it may not be what you think. This will just help you

1:00.8

as you're recalibrating and figuring things out in the new year. This will help you.

1:06.7

So before I dive in, here's what I want to offer. I was thinking about why I've never done an episode on Windor Raise Your Prices.

1:13.7

And I think what's always held me back is how often people use things I say against themselves.

1:19.6

It's not just me.

1:20.3

We use all coaching against ourselves.

1:22.1

I see it all day long where you are offered some really good thoughts.

1:29.7

And then if you didn't make decisions prior from those really good thoughts, you shame yourself. Or from those like experienced thoughts.

1:36.3

Let me not say really good thoughts because it's not like I have really good thoughts,

1:39.1

you have really bad thoughts. It's more like I have more experienced thoughts after coaching

1:42.9

6,000 coaches between 2K and 200K and

1:46.9

$2 million group.

1:48.2

I've coached a lot of coaches.

...

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