3. Get Paid What You’re Worth
Grant Sabatier believes there is nothing more important to your future than getting paid what you’re worth. He went from having a couple of dollars in his bank account to a million in just five years. Sabatier says that many people don’t earn what they’re worth. He suggests finding out what other people in your industry with your expertise and years of experience are earning. Take that information to your boss when asking for a raise and emphasize what you’re bringing to the company.
If you’re a freelancer, one of the best ways to raise your revenue is to increase your rates. As you get better at what you do, you give more value, and your rates should go up. But it’s easier said than done to hike your rates. Uncertainly floods in and you imagine what happens if clients take their business elsewhere. Too often your fears prevent you from earning what you deserve.
Negotiating to get paid what you’re worth can be challenging. There will always be others who are prepared to work for less than you do for the same job. However, ignore them and focus on what you deliver that makes the amount you’re asking worth it. Stand firm on your fees once you’ve decided what they should be. The bottom line is, some clients can afford you and others can’t.
It’s also important to have an idea not only of how much you’re worth but also how much you spend. If you can figure out what you net every month, you can see whether your financial worth is staying the same, getting worse or improving. And once you have all the facts, you can make changes to grow your income.