goodhandy.com goodhandy.com
Search:    Main Page :> About Us :> Privacy :> Terms of Service :> Place Your Link :> Add Your Article   
 

5 Techniques To Hyperforming Employees

As a manager strides into the office among the staff, he has the power to positively shift the outlo ... - Joseph Plazo
 

Basic Bookkeeping

J. R. Baltiboi has observed that Bookkeeping is the art of recording business dealings in a set of b ... - Ken Marlborough
 

What Is Your Business Strategy?

Do you have a business strategy, or do you allow your business to rule you? - Mark Flanighan
 
 

Sending Mixed Signals Can Send Your Clients Away

Consistency in communication can influence client retention. Do you want to keep your best clients? ... - Jeff Simon
 

3 Steps to Stop Absence and Make People Happy At Work

Are you a manager frustrated by workplace absence? This article reveals three steps you can take to ... - Alan Fairweather
 

See Jane Network - Invaluable Advice If You're an Introvert or Confused or Scared About Networking

Are you a wallflower at a networking event? I met one recently who turned out to know a lot more abo ... - Jeremy Tuber
 

Customer Service - Profit from Keeping Customers

Customer service needs to have the goal of helping you profit from keeping customers. Keeping custom ... - Kenneth Little
 

How to Convert Telephone Calls into Powerful Presentations

You can multiply your ability to persuade by 400%, whether your audience is 1 or 100. Web-based pres ... - Roger C. Parker
 
 

Main Page › Business & Commerce › Business & Work Practices
 

How Much Are Your Services Really Worth?

 
Author: Dr. Gary S. Goodman
 

I worked quite hard to add a client to my list.

We spoke several times by phone. I crafted and emailed a proposal. Patiently, I stayed in touch over five months, checking in, periodically.

Then, we set a meeting at which I outlined a streamlined proposal, a great fit for them.

And within a few days, I was told they want to begin, but the price for my services is too high, according to the boss.

What in the world does this mean, too high?

(1) Does this mean theyd simply like to pay less, getting what they consider a better bargain?

(2) Does this mean theyre willing to cut back the scope of the project, because right now, the cash flow they have cant support such a large endeavor, as proposed?

(3) Does this mean they have a credible comparison bid to which they can point, that meets my proposal jot for jot?

(4) Does this mean they have seen my price, and they just have a bias that tells them services of this type should be cheaper?

(5) Do they believe that theyre so inept that they wont be able to capitalize on the value inherent in the program; i.e. that theyre dummies, and theyll probably not get what others would get from such assistance?

(6) Do they think all proposals contain fluff, and they want to shake it out of mine?

(7) Do they believe theyre hotshot negotiators, or foolish to accept the price of anything, exactly as proposed?

If youre a coach or a consultant, as I am, you face a challenge in pricing your services in light of their actual value with regard to the contribution theyre going to make.

Lets say, youre going to help a client to earn an additional million dollars, net, after employing you. How much of that are you worth, in exchange? Ten, twenty, thirty percent?

There is no standard answer.

And the same principle applies to your compensation as an employee.

Youre unique, so there may be others who will agree to labor for 80% of your expected rate of pay, but they may be 50% as efficient or effective as you are.

Remember this as you negotiate compensation. Your worth isnt a number that can be scientifically derived, so hold out for what you believe represents value, all around!

 
 
 

Related Articles

 
Hire The Best, Weed Out The Rest: Recruiting Top Sales Producers
 
Basic Bookkeeping
 
Seven Keys to Get Out of a Rut
 
Are Your Customers Confused?
 
How Can You Create a Healthy Healthcare Organization? Treat It Like a Patient!
 
Top Sales Professionals Ask "The Right Questions"
 
The New Virtual Office Worker
 
How to Find Success in the Import Export Business
 
Insatiable Greed is Morally Bankrupting Us
 
Making Change Happen: In Search of the Silver Bullet
 
 
 
Free 3 way links
 

Jobs & Careers

Online & Board Games

Policies & Law

Technology & Science

Society & Issues

Fitness & Health

Home & Garden

Issues & News

Malls & Shopping

Sports & Adventure

Academics & Learning

Finance & Banking

Property & Estate

Culture & Art

Cooking & Drinking

Self Management

Teens & Children

Computers & Networking

Business & Commerce

Entertainment

Healthcare & Treatment

Relationship & Lifestyle

Travel & Vacation

Vehicles & Automotive

 
Main Page :> Privacy :> Terms of Service  
© 2008 www.goodhandy.com All Rights Reserved.