Comments on: MM #77: How to Set a Competitive Fee for Your Coaching http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/ Out of the Box Wed, 14 Dec 2011 01:42:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Alex http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1304 Alex Tue, 24 Apr 2007 14:15:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1304 Thanks for all the help,been great!I am coming up against one obstacle and that is "I need to speak to my partner before I commit".Any ideas how to deal with this objection. Thanks for all the help,been great!I am coming up against one obstacle and that is “I need to speak to my partner before I commit”.Any ideas how to deal with this objection.

]]> By: charlotte http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1297 charlotte Tue, 20 Mar 2007 16:18:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1297 I'm still struggling with pro-bo clients and no paid ones... sniff. Am I the only one?? My clients are chuffed with my services, but it seems to stop there. Am I just being daft? I’m still struggling with pro-bo clients and no paid ones… sniff. Am I the only one?? My clients are chuffed with my services, but it seems to stop there. Am I just being daft?

]]> By: Anonymous http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1294 Anonymous Mon, 19 Mar 2007 20:59:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1294 David, your article definitely takes a person through the steps needed to determine price. I struggled with that for a long time myself and have finally decided on a sliding scale that I am very comfortable with. Paying up front has been more difficult with me because I am a finance coach, but I always receive some funds prior to beginning any work. I do also agree with the anonymous writer who says that value received by the client is of utmost importance. They key to marrying your fee structure to the value of your coaching practice is truly believing in it yourself. If you don't believe that what you have to offer is worth the price you are charging then something needs to change. I always have my clients evaluate me to understand if I'm being fair in their eyes as well. Give the clients what you have to offer, what you've been trained to do, and what you LOVE! And the money will come! Especially if you go above the call of duty. David, your article definitely takes a person through the steps needed to determine price. I struggled with that for a long time myself and have finally decided on a sliding scale that I am very comfortable with. Paying up front has been more difficult with me because I am a finance coach, but I always receive some funds prior to beginning any work. I do also agree with the anonymous writer who says that value received by the client is of utmost importance. They key to marrying your fee structure to the value of your coaching practice is truly believing in it yourself. If you don’t believe that what you have to offer is worth the price you are charging then something needs to change. I always have my clients evaluate me to understand if I’m being fair in their eyes as well. Give the clients what you have to offer, what you’ve been trained to do, and what you LOVE! And the money will come! Especially if you go above the call of duty.

]]> By: Anonymous http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1293 Anonymous Mon, 19 Mar 2007 08:48:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1293 You know David, just starting out in this business I would really love some tips on how to give value - rather than this never ending stuff about money!! How much to charge! Is that all this coaching is about? How much you can MAKE out of it? That puts me off, we are meant to be here helping people and so far, all I've got from you is "how to grow your business" - charging what you're worth (or think you are) Id really like to see something that convinced me you are actually worth what you are charging. What, for example are you focusing on in your coaching? what are your philosophies of life? How are you helping people to get in touch with their own souls? Something, Anything, but how much money you make!!! You know David, just starting out in this business I would really love some tips on how to give value – rather than this never ending stuff about money!! How much to charge! Is that all this coaching is about? How much you can MAKE out of it? That puts me off, we are meant to be here helping people and so far, all I’ve got from you is “how to grow your business” – charging what you’re worth (or think you are) Id really like to see something that convinced me you are actually worth what you are charging. What, for example are you focusing on in your coaching? what are your philosophies of life? How are you helping people to get in touch with their own souls? Something, Anything, but how much money you make!!!

]]> By: l89761 http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1292 l89761 Sun, 18 Mar 2007 21:40:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1292 Hi David; This was an article that gave great info and structure for a<br/>beginner. Thanks. Dagmar Hi David; This was an article that gave great info and structure for a
beginner. Thanks. Dagmar

]]> By: Justin http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1291 Justin Fri, 16 Mar 2007 16:13:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1291 I hear you David. :) I went from $300 per hour to $500 per hour with absolutly no objection. "That makes sence" they would tell me. The key is showing up without doubt and creating the connection with the client up front. After arriving at what they would prefer thier life would look like. I often ask, "what price do you trust would insure it's creation in your life?" The discussion that follows is always a delight and even at $2,500 minimum upfront cost, I am a gift. :) I hear you David. :) I went from $300 per hour to $500 per hour with absolutly no objection. “That makes sence” they would tell me. The key is showing up without doubt and creating the connection with the client up front. After arriving at what they would prefer thier life would look like. I often ask, “what price do you trust would insure it’s creation in your life?” The discussion that follows is always a delight and even at $2,500 minimum upfront cost, I am a gift. :)

]]> By: Anonymous http://life-coaching-resource.com/blog/2007/03/mentor-monthly-77-how-to-set/comment-page-1/#comment-1290 Anonymous Fri, 16 Mar 2007 14:25:00 +0000 http://life-coaching-resource.com/blog1/?p=91#comment-1290 David,<br/><br/>I've set my hour rate since the start, and clients are focused on their work and like you said ''By paying this amount of money, they know they'll take it seriously.' David,

I’ve set my hour rate since the start, and clients are focused on their work and like you said ”By paying this amount of money, they know they’ll take it seriously.’

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