BSR Newsletter #4: Increase Your Prices

As you know by now, I am always encouraging you to increase your prices and charge what you are worth. So today I want to explore this topic in a bit more detail. Here is why it is important to make good money.

When you make good money, you have the freedom to choose the right jobs and not just take anything that comes along. Making good money allows you to have some free time so you can deepen and develop your talent and grow your skill set. Making good money gives you a mindset of success; you feel better about yourself and your work. It improves your relationships with your family, your colleagues and your community because you feel accepted and appreciated and not “less than.” You no longer see yourself as a starving artist on the outside, nose pressed against the glass, looking inside, longing to belong. Making good money improves your self esteem and sense of self worth. When you make good money for what you do, you are more likely to experiment and try new things because you know that as a respected member of the community others will be striving to understand what you are trying to say.

Is it your time to increase your rates? Charge for everything you do? Not give away your valuable time and your wonderful services? I hope so.

There is plenty of encouragement for you in my book, Better, Smarter, Richer, Seven Business Principles for Creative Entrepreneurs, which has just published. If you do not yet have your copy, consider getting one today. BSR is a hands-on workbook full of stories and exercises that will help you achieve your financial goals.