Stop overthinking your pricing! Here's how to decide what to charge, with Kim Dawson

Hey Maverick,

In Episode 114, we are talking all things pricing. If you have ever flip-flopped on your pricing, feeling frustrated trying to figure out how to price your products or services; If you want to raise your prices but aren't sure if you should right now; Or if you have raised your prices in the past and gotten some kind of backlash - This episode is for you!

My guest is Kim Dawson. She is a business strategist who works with solopreneurs and small business owners to help them align their finances so that they can hire and grow their business. Kim says right off the bat that "one of the biggest obstacles to growth is when entrepreneurs don't hire and they really need to." But the Catch-22 is that, usually, the reason that people don't hire when they need to is because they either don't have the capital available, or they don't have the security that they will be able to pay for their new hires in the long term. Kim talks about the numbers that are important for you to know when you're making these hiring decisions.

In our conversation, we discuss:

  • Three ways to distinguish your value, and what not to look at when deciding what your product or service is actually worth!

  • Why you need to focus on two of these three things to really establish yourself in your marketplace.

  • When and how to decide to raise your pricing, and the mistakes that entrepreneurs often make when it comes to either setting or raising your prices.

If you want to earn more money, or if you think that you might be under charging right now and really need some clear guidance, Kim explains this so well! 

Love Your Business BINGO

This season we are playing a game to help you be more energized, inspired, and in love with your business!

This week's BINGO Challenge: Make a Love List

If you're new to this game - no worries! You can catch up and WIN during our live challenge from August 22 through December 31, 2022, OR play on your own any time. Be sure to share that you're playing along, and tag me @linsibrownson on Instagram!

Click to download the Love Your Business BINGO game cards and rules. Listen to Episode 109 for complete details and to learn your first BINGO challenge.

Guest Spotlight: Kim Dawson

I'm the author of an Amazon best-selling book called Passion to Profits: Your Guide To Building a Successful Business You Love, and I am the host and producer of the long-running Sassy Strategist podcast where I deliver practical strategies to help you manage and grow your business on your own terms.

When I’m not working, you’ll find me out in nature hiking through the woods, writing in my journal, or reading about my latest topic of interest while enjoying a cup of tea and listening to music.

Episode Links 

  1. Play Love Your Business BINGO

  2. Connect with me on Instagram @linsibrownson

  3. Learn more about creative business coaching or apply to work with me

  4. Connect with Kim Dawson via Instagram , LinkedIn, and website

  5. Download the 5-Step Pricing Guide from Kim

  6. Huge thanks to our sound editor Erik Hulslander! If you have a podcast or other audio needs definitely connect with Erik.

  7. Your review on Apple Podcasts, Audible, or Spotify makes a big impact for this show. Thanks for leaving us a review!

  8. Want more practical tools to help you organize and run your business? Get free resources inside The Maverick HQ or subscribe to my newsletter.

 

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