#77: How do I set pricing with my first clients?

Join Josh and Amelie to discuss pricing–especially pricing at the beginning of your business.

Top takeaways:

1. Benchmarking based on other financial coaches can be very dangerous because what other coaches do may or may not have anything to do with what you do.
2. The people you work with, length of your program, technology you offer…all of those should impact your pricing far more than what other people are charging.
3. If your program is about 1-2% of your client’s income over a two-year period, that may be a harder sell.
4. Sliding scales are dangerous because they invariably attract people who qualify for the lower end, and it is impossible not to provide the same level of service.

Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey:

• Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity
• Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series
• Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch
• Looking for financial coaching software? Sign up for the interest list for FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. https://www.financialcoachesnetwork.com/money-coach
• Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income.https://www.financialcoachesnetwork.com/grow