Episode 216: Strictly Biz: Pricing Your Services, Investing in Yourself & When to Hire a Coach
Investment is a word that often conjures up thoughts around money, especially when it comes to owning, starting or expanding a business. However, money is actually only part of the investment equation. If you’re a business owner or entrepreneur, you’re also investing your time, your knowledge, your attention and your energy into your business. So where are you investing in your business, and is it paying off?
On this Strictly Biz episode of the Funk’tional Nutrition Podcast, Erin continues the conversation about energetics in business and dives into what it means to invest in yourself, when to know it’s time to invest, plus the different ways to do it. Erin unpacks the energy surrounding many of our struggles with money and pricing your services, consumer culture, and how to get the return on investment you seek…without feeling like you’re bleeding out.
This episode is for all the business owners and practitioners who are struggling with investing in themselves, setting or raising rates, or feeling burned out. Tune in to hear why!
In this episode:
The Lion’s Gate Portal [2:02]
The Four Minute Mile mindset [6:28]
Mind, spirit & energy [9:15]
Pricing your services [15:04]
Investing and self importance [17:03]
Wise words from RZA [20:43]
How abundance begets abundance [25:38]
What must happen BEFORE you can feel good about your pricing [29:54]
Reciprocity & “consume-her” culture [31:32]
Finding balance in your free and paid-for content & services [38:03]
Why self-importance is a good thing [44:01]
The relation between fee setting and self-respect [49:04]
The different ways we struggle to invest in ourselves [51:21]
The ROI of investing in yourself [55:57]
Why women don’t invest [1:03:04]
Assessing the right type of investment you should make [1:12:17]
Do you need a business coach? [1:14:52]
How to know when to invest [1:18:30]
Coaching vs mentoring [1:20:00]
Resources mentioned:
The Funk’tional Nutrition Academy™
The Energetics of Expansion: Social Media Visibility, Business Growth & Entrepreneurial Expansion
The Boundaries Course (Available for free within the Funk’tional Nutrition Collective)
Blog: How I Grew My Business $100k in One Year
Organifi supplement powder (save 20% on your order with code FUNK)
Dry Farm Wines Natural, Organic, Paleo Wine (get an extra bottle for only a penny!)
Ned Natural Remedies (get 15% off your order with code FUNK)
LMNT Electrolyte Replenishing powder (Use code FUNK get a free sample pack with any purchase!)
Learn more about Mindset
Like what you’re learning here? Expand even further by learning practical applications and strategies through Erin’s a la carte entrepreneur courses
Related episodes:
215: Business Growth, Expansion & Going Viral
164: Strategies for Sustainable Business Growth
124: Strictly Biz - Are Clients Feeling Entitled to Your Time?
162: Imposter Syndrome: Are You Talking Yourself Out of Your Own Potential?