Heyo! Welcome to the $100 MBA show because a better business begins with you.

That's why we deliver practical business lessons.

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

In today's episode is Q&A Wednesday where we answer a question from one of you, one of our listeners.

If you got a question you want to ask, go ahead and email me over at omar at 100MBA.

Today's question is from Alex and Alex asks,

How do I increase my rates as a freelancer

without losing business?

My costs have gone up significantly because of inflation,

but my prices have stayed the same for the last three years.

I need to earn more per customer if my business is going to have a chance of surviving.

Would love your advice on this.

Thanks Alex.

I love this question because Alex's head is in the right place.

He wants to earn more so he can reinvest in his business.

He can continue to grow his business,

and this becomes a flywheel. He's also conscious

of the fact that he hasn't raised his prices in a while and things have gotten

expensive and I'm sure there's many people who are in the same boat as

Alex right now.

So in today's lesson, I'm going to show Alex and you

how to make more revenue.

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