Blog Discover Login
Podcast Insider Logo

This Mindset Shift Can 10x Your Income | Chris Do

by Codie Sanchez

BigDeal

Share: Copied!

Notable Quotes

"Money is a construct, like time—why do we feel like it's so concrete? It really is not."
"Charging more allows you to deliver better client experiences and take care of your team."
"You are the prize in negotiations; remember that."
Podcast Insider Logo

Get episode summaries just like this for all your favourite podcasts in your inbox every day!

Get More Insights

Episode Summary

In this episode, Chris Do shares insights on how to negotiate and charge what you're worth as a creative professional. He starts by explaining that people often give away their power in negotiations by allowing clients or bosses to dictate their worth. Instead, he encourages a mindset shift, advising that individuals recognize their worth and contribution to discussions about salary or price.

Chris presents strategies for handling salary discussions with a boss, including asking for specific goals to demonstrate value. He emphasizes the importance of periodic check-ins to ensure you're on track to meet those goals.

When it comes to clients, Chris asserts that creatives must believe they are the 'prize' and approach negotiations with a 'with or without you' mindset, which helps dissipate neediness. He highlights the significance of confidently stating your price without leaving room for negotiation or questioning.

Chris also touches upon the ethics of pricing, arguing that charging more can lead to better outcomes for all involved, as it allows businesses to invest in quality and the well-being of their teams. He also provides practical pricing methodologies, such as price bracketing, which can foster negotiations effectively.

Ultimately, Chris encourages creatives to push their boundaries and embrace their worth, fostering both personal growth and a healthier professional environment.

Unlock the full summary

Enter your email to read the complete summary, key takeaways and more.

Email

Episode Summary

In this episode, Chris Do shares insights on how to negotiate and charge what you're worth as a creative professional. He starts by explaining that people often give away their power in negotiations by allowing clients or bosses to dictate their worth. Instead, he encourages a mindset shift, advising that individuals recognize their worth and contribution to discussions about salary or price.

Chris presents strategies for handling salary discussions with a boss, including asking for specific goals to demonstrate value. He emphasizes the importance of periodic check-ins to ensure you're on track to meet those goals.

When it comes to clients, Chris asserts that creatives must believe they are the 'prize' and approach negotiations with a 'with or without you' mindset, which helps dissipate neediness. He highlights the significance of confidently stating your price without leaving room for negotiation or questioning.

Chris also touches upon the ethics of pricing, arguing that charging more can lead to better outcomes for all involved, as it allows businesses to invest in quality and the well-being of their teams. He also provides practical pricing methodologies, such as price bracketing, which can foster negotiations effectively.

Ultimately, Chris encourages creatives to push their boundaries and embrace their worth, fostering both personal growth and a healthier professional environment.

Key Takeaways

  • You are the master of your own destiny, not your clients' or bosses'.
  • Developing a strong sense of self-worth is critical in negotiations.
  • Charging more can be more ethical than underpricing your work.

Found an issue with this summary?

Log in to Report Issue

Built for solopreneurs, makers, and business owners who don't have time to waste.