Heyo! Welcome to the 100 R&BHO Business Ins Insights Serve to you Hot and Fresh

Every Day with their daily 10 minute business lessons for the real world.

I'm your host, your coach, your teacher Omar Zenholm.

I'm also the co-founder of the $100 MBA,

a complete business training and community online.

And in today's episode, I'm going to challenge you.

I'm going to offer you to take the price increase experiment.

Many of our listeners are looking for ways to increase the revenue,

to make more profit.

They've tried ads, they tried partnerships,

but they just need a little bit more profitability.

And one of the easiest and fastest ways to do this is to increase your prices.

Many of us are very sensitive to this because we believe that it's going to discourage customers

and many people are going to decide not to buy from you or continue to buy from you.

But this is mostly in your head. You don't know that for a fact. You need to experiment when it comes to price.

You might be surprised at how much people are willing to pay for your service because of all the value you convey and the value that you offer.

So in today's episode, I'm going to lay on an experiment for you.

A detailed plan on how and how much to increase your prices, analyze your results, and see if it's working or not.

Price can change.

You need to experiment to know what's the best for your business.

I'm going to mention all the tools you'll need and how to do it, so let's get into it.

Let's get down to business.

...