This episode delves into the essential topic of pricing strategies, specifically questioning the common advice of "charge what you're worth." Michel shares her personal journey of grappling with this advice, reflecting on how it didn't quite align with her inner wisdom despite its widespread popularity. Through extensive introspection, she uncovers five insights that challenge the conventional advise around pricing.
One of the key takeaways from Michel's research is the distinction between worth and value in pricing. She emphasizes that while personal worth is immeasurable, pricing strategies should be grounded in the intrinsic value and worth of products or services offered. This nuanced approach encourages listeners to move beyond simplistic pricing formulas and instead consider factors like expertise, uniqueness, and client connections when setting prices. By reframing pricing discussions in this way, Michel empowers entrepreneurs to align their pricing strategies with their values and business goals.
Overall, this episode invites listeners to rethink traditional pricing advice and embrace a more holistic and empowering approach to pricing their offerings. Michel's insights encourage entrepreneurs to recognize their inherent worthiness while also valuing the tangible contributions they bring to their clients and customers. Stay tuned for more thought-provoking discussions on the Money Lighthouse Podcast as we continue to navigate the intersection of spirituality and business with wisdom and compassion.
Contact: michel@moneylighthouse.com