Updated: Apr 25
Was 2023 the year you were finally going to start earning what you deserve, maybe reach that $10,000/month goal or figure out how to make what you're making now, but work less? Well, we are into the 2nd quarter of this year, how's it going? Are you on track to reach your goals? Have you gotten derailed by ‘life’ or events outside of your control?
Well it may be time for a mindset shift. What exactly is that, Miki? If you know (or have known) that it's time to raise your prices, but you keep chickening out. Or you raised your prices, but not the $20 per service that you need to, but more like $5, that doesn't even really make a difference. It may be the stories that you made up about what would happen if you were really bold.
So what do you need to do to start to shift your ‘pricing mindset’? Here is what I call the 3 C's, and they may apply to other areas of your life as well.
1) Clarity. It is always the first step, because if you don't know where you're going, any road will get you there. But if you are clear about what you want and where you want to go, it's so much easier to plan the shortest, straightest path to get you there.
2) Confidence. It's about believing that you can rely on yourself, trust yourself and feeling certain about your own truth (your own intuition), even if no one else agrees or can see your vision. Sometimes you just have to trust yourself, more than the doubt that you (in your mind) or anyone else can throw at you. YOU know best what's right for you and your family.
3) Communication. It is the key to building any kind of relationship. In the beauty business, as in almost every business, it's all about relationships. So, honestly, you get the opportunity to practice almost every day. And to practice sharing how you're enhancing your education, why you've chosen the products you use and how they help with the challenges your client is experiencing, as well as, what you have coming up next to make their experience with you even better.
If you're interested in reaching that $10K/month goal this year, connect with me before April 30th, to see if the Club $10K Mentorship Program is a good fit for you. Give me a little info and schedule to meet at https://Profitplan.as.me/10K It's no cost or obligation.
P.S. If you're ready to raise your prices, but don't know where to start, click here to grab your copy of the FREE Hairstylist's Power Pricing Workbook!
Miki Wright is a Pricing Strategist and Business Funding Expert, as well as a long time Leader in the Beauty Industry. She helps Business Owners confidently set and raise their prices, without fear or guilt and offers business funding (up to $25K within 24 hours). Wright has a deep understanding of the unique challenges faced by Entrepreneurs with regards to pricing and accessing funding.
Wright's former Salon and Spa has been featured in Essence Magazine, The Washington Post, and qualified as one of the 200 fastest growing Salons in the country with SalonToday.com, for three consecutive years. Wright is known for her ability to innovate, inspire and offer actionable steps that get results and is the Founder of the Club $10K 90-day Mastermind.
Ready to take your business to the next level? Wright will help you set and raise your prices with confidence, and build and fund the business of your dreams. Contact her at BeautySuperStars.com or for business funding, visit bizfunds4u.com