Episode Summary:
In this empowering episode of the Heads Together Podcast, host Gill Moakes dives into the often-daunting topic of raising your coaching prices. Building on last week’s discussion about cultivating a strong money mindset (Episode 136), Gill shares actionable strategies to help coaches confidently increase their rates without losing clients. This episode is packed with practical advice on aligning your pricing with the value of your transformation, preparing for a price increase, and communicating it effectively to clients.
If you’ve been holding back on adjusting your rates, this episode will inspire and equip you to step boldly into 2025 with pricing that honors your worth.
What You’ll Learn in This Episode:
Why Raising Prices is Necessary:
- Reflect the growth in your expertise and the increasing value you provide.
- Understand that raising prices is about honoring your worth, not just earning more.
Overcoming Common Fears:
- How to address concerns about losing clients.
- Why higher prices can attract more committed, high-quality clients.
Steps to Communicate Your Price Increase with Confidence:
- Prepare your messaging and provide clear, advance notice.
- Frame your price increase as an upgrade in value.
- Options for handling pricing changes for loyal, long-term clients.
The Role of Mindset:
- How to align your energy and confidence to communicate your worth.
- Practical tips to strengthen your belief in the value you deliver.
Resources Mentioned:
- Money Mindset Guide: A practical resource to support your financial goals and confidence. Get your copy HERE.
- The Coaching Business Academy: Learn more about Gill’s signature program for coaches at gillmoakes.com/academy.
Take Action:
- Reflect on your value as a coach and list the transformations you help clients achieve.
- Plan how and when you’ll announce your price increases, including crafting clear and confident messaging.
- If you’re ready to grow your coaching business in 2025, explore The Coaching Business Academy and join the upcoming cohort.
Connect with Gill:
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Tune in next week for another insightful episode to help you grow your coaching business with intention. Until then, have a wonderful week!
