Have You Been Undercharging What You’re Worth?

Have You Been Undercharging What You’re Worth?

Recently, I’ve had countless conversations with clients - women with 5, 10 years in business, and even those with 2, 3, or 4 decades of incredible experience - who are pricing themselves so low they might as well be flipping burgers at the local drive-thru. It’s a frustrating reality, and it’s one that far too many of us face.

For many of us, despite the years of skills and mastery we’ve honed in our fields, the moment we step out on our own in business, we forget to price ourselves according to that experience. We start doubting our worth, and before we know it, we’re working ourselves to the bone with nothing to show for it.

Today, let’s talk about why you need to stop undercharging and the mindset shift that will help you build the successful business of your dreams.

Recognize Your Worth

Most of us question our worth when we first strike out on our own. We agonize over our hourly rates, rewrite proposals a dozen times, and constantly flip-flop on what to charge.

But here’s the truth: when you’re stuck in that loop of self-doubt, you’re burning precious time and energy - energy that should be spent connecting with your A-grade clients and delivering your brilliance to the world. Doubt only fuels procrastination, and that’s a cycle you can’t afford to be caught in.

Attract the Right Clients With Your Pricing

Here’s something I’ve learned the hard way: when you undercharge, you’re inviting the wrong clients into your business. Every single time I’ve compromised on my rates, those clients have become my biggest headaches. Without exception.

Underpricing attracts clients who don’t truly value your expertise, and that almost always leads to resentment. But when you charge what you’re worth, you’ll repel the misaligned clients and attract those who not only recognize your value but are eager to pay for it.

Position Yourself in the Market

When it comes to positioning yourself in the market, perception is everything. If you want to be seen as the best in the business and create demand for your services, you have to price yourself accordingly.

If you’re charging the same rates as everyone else, you’re just another face in a crowded field. But when you set your prices higher, you’re signaling confidence in your work and a deep understanding of your worth. That’s how you build a powerful brand and a position that stands out.

Focus on Future Growth

What you might not realize is that undercharging is directly harming your future growth. When you price yourself too low, you’re forced to take on more clients just to hit your targets. That means more work, more stress, and less time for everything else.

You end up too busy to focus on the crucial aspects of your business—like marketing strategies and building relationships with those dream clients. With no time to plan or make strategic changes, you eventually hit a ceiling on your growth potential.

So, it’s time to quit undercharging and overworking. Instead, create the time and space you need to strategize for the future growth of your business.

My business strategy is simple: dollars up, days down. I’m all about building a business - and by extension, a life by design. We want to earn more and work less. We want time to implement the strategies that will make our businesses grow.

It’s time to have conviction in your pricing. Trust me, once you do, you’ll start seeing opportunities to take your business to the next level that you never knew existed.

Want even more insights on pricing and growth? Check out my podcast episode here:


SPOTIFY

APPLE PODCASTS

YOUTUBE

Janine x

P.S. Do you know if you’re undercharging for your services? Do you know it needs to change but aren’t sure where to start? Now’s the perfect time to take action. With only 2 days left to grab The Pricing Formula? at the special rate of $100 AUD (before it jumps to $500 AUD on Friday), this is your moment to take the first step. You’ll gain access to a pricing calculator that ensures you never undercharge again, and you’ll learn how to price your services in a way that has clients saying “HELL YES!” to a price increase. Don’t think it’s possible? I challenge you to think differently. Access The Pricing Formula? HERE and see for yourself.

Graciela Ramon Michel

?? Holistic Coach | Graceful Coaching ?? Conscious Bioexistence Consultant ? Bioemotional Decoding Specialist ? Coach for Individuals & Parents of Special Needs ? Workshop Facilitator ? Global Women of Influence 2024

6 个月

Janine Garner Great reminder! It is crucial to charge what we’re worth and address those pricing fears. Thank you. ?? ??

回复
Jess Weiss

Helping managers reach their full potential ~ Building high performing businesses with high performing people ~ Using neuroscience to help driven people optimise productivity, energy and profitability without the burnout

6 个月

"when you undercharge, you’re inviting the wrong clients into your business" - couldn not agree with this more!! ???? Also LOVE the idea of dollars up, days down.

回复
Amanda Rosazza

Learning & Development Wizard ???? | Creative ? | Imagine8??| Redefining How People Learn, Connect, and Do Business. Let’s Chat!

6 个月

Such an important reminder, Janine! It’s time to face those tough money talks and start charging what we're truly worth. Thanks for the nudge!

Maree McPherson OAM

Trusted confidant, mentor and coach to CEOs and Chairs ? Coaching Supervisor - MSCEIT accredited, Oxford Brookes trained ? ex-CEO ? Independent Chair ? Author and Panellist

6 个月

You know this rings my bells Janine, especially the piece about worthiness. I had a fabulous, energising conversation with a mentoring client yesterday about a project proposal she was submitting. My heart sang as she described how she had costed the project and outlined the value she would provide. She nailed it. So good ??

Marie Bernardo

Creator of Wellness Wings: A Well-Being and Mental Fitness Program for Healthcare Professionals, Women in Business and in Leadership | RACGP-Approved CPD Points | Accredited transformative and trauma-sensitive coaching

6 个月

I always appreciate the insights and wisdom you bring to businesses Janine Garner. The recent event I attended, 'It's Who You Know,' hosted by YTM Business Connect events and community where you were the speaker, was filled with valuable takeaways and powerful learnings. Thank you for the incredible work you do—you are a true source of inspiration!

要查看或添加评论,请登录

Janine Garner的更多文章

  • I'm Sick of IWD

    I'm Sick of IWD

    I’m Sick Of IWD I finally said the thing that so many of us are thinking. I’m sick and tired of International Women’s…

    234 条评论
  • The Impact You Never See – But Others Do

    The Impact You Never See – But Others Do

    It’s easy to feel like you’re invisible. Like you’re doing the work, showing up, giving it your all - yet somehow…

    3 条评论
  • Stop Overthinking. Start Experimenting.

    Stop Overthinking. Start Experimenting.

    Have you ever felt completely drained by the sheer number of decisions you have to make every single day? Which client…

    10 条评论
  • Why is discipline so damn difficult?

    Why is discipline so damn difficult?

    Why is discipline so damn difficult? Seriously - why is it that even when we know what we need to do, we still find…

    9 条评论
  • Why I Hate Resilience (And Why You Should Too)

    Why I Hate Resilience (And Why You Should Too)

    Resilience. The golden word in leadership.

    48 条评论
  • Stop daydreaming and pay attention!

    Stop daydreaming and pay attention!

    Did That Title Snap You Back to School? Remember when daydreaming in class earned you a teacher’s glare and a sharp…

  • Not Another ‘New Year, New Me’ post

    Not Another ‘New Year, New Me’ post

    It’s that time of year - goal-setting, intention-writing, and endless promises of “this will be my best year yet.”…

    3 条评论
  • Surround Yourself With The Best

    Surround Yourself With The Best

    Recently, I attended an event where I had the privilege of hearing Kellie Wilkie, Physiotherapist for the Australian…

    1 条评论
  • Stop Waiting for Clients: 5 Marketing Moves to Elevate Your Business

    Stop Waiting for Clients: 5 Marketing Moves to Elevate Your Business

    Let’s be real for a moment. Too many brilliant entrepreneurs and professionals are playing the ultimate waiting game -…

    18 条评论
  • Rushing Is Stifling Your Growth

    Rushing Is Stifling Your Growth

    When you are looking to purchase something with a high level of quality, do you look for things that are mass-produced…

    26 条评论

社区洞察

其他会员也浏览了