Ep. 30. How to Stop Undervaluing Yourself & Move Beyond Hourly Rate for Your Creative Service

Are you fed up with scope creep, rate negotiation, and being raced to the bottom when proposing a rate for your creative work? Or, you know that charging hourly rate is not sustainable for the long term, but you are stuck on how to actually shift away from it?
In this episode, I share with you practical steps on how to shift away from hourly rates and establish a pricing structure that better reflects your value. Shifting your pricing model isn't just about changing the way you charge - it's about enhancing your value proposition and setting the stage for long-term success. Tune in to this episode. You’re more ready than you think in walking away from the precarity of getting paid by the hour.
Key highlights of this episode:
[00:05:31] Who this is for and who this is not for
[00:08:10] Why charging hourly rate is not conducive for your growth?
[00:12:36] Addressing problems of hourly rate and the alternative pricing models
[00:17:44] Three steps to shift to alternative pricing models
[00:20:19] How to approach clients with new pricing model
[00:28:00] Addressing mental objections in shifting to alternative model
This episode is also available on Youtube. Watch it here:
https://youtu.be/nwfpV3XkHLA
Announcing my very first Conscious Creative Group Coaching Program! This program supports self-employed creatives to design flexible structures to intentionally grow their creative practice so that they can show up as their unique self, make their art, and make happier money. Full program details to come in July 2023. Join the waitlist today so that you will be the first to know about the full program details when it is launched:
www.xiebetty.com/groupcoaching/waitlist
About Betty
*FREE Resource* Discover your creative career archetype today: https://www.xiebetty.com/quiz
Follow me on Instagram @bettyxcoach for more resources and my behind-the-scenes story working as a creative and a coach for creatives.
The Everyday Talent Podcast is produced by Betty Xie and Benice Detoon.