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It's really OK to charge for the time you spend thinking
about and for your client, It took me a while to figure that out - until I realized
that the time I spent studying the clients present material and position, letting
the myriad of ideas that came to mind expand my vision for them, and then giving
a lot of thought to the best direction for them to take was the most valuable
aspect of my services. And
at one point I wasn't charging for that! I
expect to include 15 minutes before and after a coaching call with the price of
the call. I use the first 15 minutes to study their Coaching Call Prep Form to
see what they have accomplished and what they want to talk about. That form also
lists their homework for the past week so it is easy for both of us to keep moving
forward. The 15 minutes after the call is spent in condensing my notes into the
Coaching Call Prep Form for the next session. Humm,
let me think. Knowing that I spend an hour and a half per coaching call makes
me wonder - am I charging enough? Perhaps not. But
it was when I started tracking the other times I spent planning for a client that
I began to build a Planning Time & Review Charge into my proposals. For
instance, when it comes to web design I partner with Judy Stewart of www.jstewartdesigns.com.
She's the artist. I'm the content developer. But we may spend 30 minutes on the
phone working out details of a design or copy placement for a client. Why should
either one of us give that important time away for free. Another
client had a very complex site that he wanted to redo and I spent about an hour
and a half studying his site, and figuring out the best site map navigation and
plotting our strategy. I need to be certain I charge for that. It is after all,
the core decision making process that will fuel our mutual success. Don't
sell your brain power short I'm
selling my brain power - my creativity, my intelligence, my vast spectrum of knowledge
and experience. I'm selling my ability to see the client's vision and help her
bring it into a tangible and profitable internet business. That's worth something.
In fact that's worth a lot! In
your proposal build in special pricing for planning - your planning time. It takes
time to read through a new client's web site and get a picture of who they are
and what they want. It takes time to update and track the decisions and planned
actions. I have a very strong Client Intake form that I ask my clients to fill
out before we begin. It takes time for me to read that and pull out the strategy
we should pursue. Put
a price on your thinking I
have two types of pricing. One is for a coaching session. The other is for the
time I spend writing copy, strengthening copy, doing research and designing their
marketing strategy. I charge by the quarter hour and I list on the invoice exactly
what I was doing - created site map, wrote copy for home page, etc. Don't
give your ideas away for free I
also don't give a free consultation. I have too many great ideas that will make
money for my clients to give them away. I do have a free initial exploratory conversation
to discover their needs and how I might best serve them. Then I write a proposal
- a Scope of Action. This gives me time to look at the notes I took while I talked
to them and personalize my proposal and plan exactly how I'd like to proceed and
what the client can expect to accomplish and by when. I also send them my Magnetic
Marketing Method Client Intake Form which gives me powerful information upon which
to build our sessions. It's
hard to predict how long we will work and I'm still working up the nerve to say
"You need to work with me for six months." I know I have to have ten
sessions minimum to bring the content for a complete web site into readiness.
I probably ought to make it 12. People usually want boundaries - an end in sight
- an estimate for their budget. I
have several packages of varying lengths for coaching but I always add a price
for my thinking time in my proposal. No one has every objected. My intelligence
and creativity is the most valuable thing I offer and it's worth every penny -
or should I say every dollar! It
pays to get paid for thinking! ©
Cara Lumen 2008 www.caralumen.com Feel
free to reprint this article if you include the following: Cara
Lumen, MA, Your Idea Optimizer helps you turn your ideas into steady profit.
As a business developer, content developer and educator, Cara helps you make money
from what you already know. You can learn more about how to put your wisdom to
work through her radio show www.blogtalkradio.com/passioantelyonpurpose
and her Passionately On Purpose emagazine at www.caralumen.com
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