HOW TO CHARGE YOUR FEES

THE RULE OF THUMB FOR SERVICE IS TO CHARGE A FEE OR DO THE SERVICE PRO BONO ‼️ 

In my book, FANS DON’T PAY, I broke down a structure for charging a fee or setting a price for your product or services. There are some basic elements in the math that should be accounted for, even if you’re trying to be modest.

THE RULE OF THUMB FOR SERVICE IS TO CHARGE A FEE OR DO THE SERVICE PRO BONO ‼️ 

Do not offer a discount that is DEFICIT to your inputs. The only sensible NEGATIVE NET is FREE OF CHARGE. And that is meant to EARN “GOODWILL” as ROI.

If you are not doing a job or service PRO BONO, then you MUST aspire to make POSITIVE NET from the transaction.

This course covers strategies for costing the following elements:

- Man hours

- ⁠Procurement

- ⁠Packaging/Finishing

- ⁠Logistics

- ⁠B&D

- ⁠Stress Component (Stressful customer or stressful process)

- ⁠Markup

- ⁠Time value element 

These are all relevant depending on what you’re selling or earning from.

This class is VERY PIVOTAL for you especially at this time when you NEED to earn to take care of yourself, your family, your business, and your dreams.

DO NOT CHARGE ONLY WHEN YOU HAVE PROBLEMS. CHARGE ALWAYS SO YOU CAN SORT YOUR PROBLEMS BEFORE THEY ARISE.

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m a k t u b !!!

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