1795: [Part 1] Freelancer Rates: How to Set Them and Raise Them by Sandra Kenrick with I Will Teach You To Be Rich
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Episode 1795:
Sandra Kenrick reveals why charging by the hour keeps freelancers underpaid and undervalued, and how switching to value-based pricing transforms both income and client respect. She outlines a practical way to align pricing with the true impact of your work, helping freelancers build stronger businesses and long-term financial stability.
Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/freelance-hourly-rate/
Quotes to ponder:
“Charging hourly rates is the biggest mistake you can make as a freelancer.”
“Value-based pricing is when you charge based on the value your work provides to your client, not the number of hours you work.”
“When you charge based on value, you get paid more, you attract better clients, and you’re no longer stuck trading hours for dollars.”
Episode references:
The Personal MBA: https://www.amazon.com/Personal-MBA-Master-Art-Business/dp/1591845572
Alan Weiss on Value-Based Fees: https://alanweiss.com/shop/books/value-based-fees/
The Four-Hour Workweek: https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357
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