220: Live Money Coaching: How to Raise Your Rates with Confidence

Love, your Money - Wealth, Money, and Financial Advisor for Women

Welcome to episode 220 of Love, your Money! Today, we’re back with another Money Coaching episode to provide real-life insights and strategies to help you on your financial journey.
In this episode, you’ll hear Part 2 of my Money Coaching session with my client Nicole. (You can listen to Part 1 here.)
In today’s conversation, you’ll hear how to turn a practice that revolves around your personal brand into a business that provides the financial freedom you deserve. We talked about raising your rates to get paid what you deserve, different ways to offer your services, and how to save for the future when running a business that can’t be sold.
If you’re a solopreneur that is looking to increase your bottom line and set yourself up for the future, this episode is for you!
*Please note, to protect my clients’ identities and respect their privacy, I’ll be using pseudonyms for all money coaching episodes.

Here’s what you’ll find out in this week’s episode of Love, your Money:

• Having a business vs. having a practice
• Demanding to get paid
• Raising your prices
• Backing your way into a revenue target
• Turning existing relationships into profitable relationships
• Restructuring and expanding your offer
• Preparing to exit a business that can’t be sold
• How to get people to listen to your podcast

Show Notes

To get access to the full show notes, including all the resources mentioned, visit: https://hendershottwealth.com/podcast/raise-your-rates
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Hendershott Wealth Management, LLC and Love, your Money do not make specific investment recommendations on Love, your Money or in any public media. Any specific mentions of funds or investments are strictly for illustrative purposes only and should not be taken as investment advice or acted upon by individual investors. The opinions expressed in this episode are those of Hilary Hendershott, CFP®, MBA.