3 steps I took to set competitive rates and make $1,500 an hour - Business Insider

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3 steps I took to set competitive rates when I first launched my coaching business — and successfully build up to making over $1,500 an hour (by susiemoore)

Susie Moore is a high performance coach and advice columnist who helps entrepreneurs get hired by leveraging the media. Sign up for her free workshop on how to get publicity for your businessShe says that most people overthink their rates when they're first getting their consulting or coaching business off the ground.

COVID-19 has meant that coaches and consultants are increasingly getting hired for remote, short-term contracts. It's a great opportunity to get started and branch out into this type of work . I bought two life coaches lunch in NYC when I started out — one guy and one gal. I looked up the best coaches in New York and, to my delight, they agreed to meet.

See how much people similar to you charge and how they package their options . Look up four to five competitors as a minimum. Now you have a decent baseline from which to work.I can't tell you how many coaches and consultants I've seen with the most confusing and over-the-top pricing scales — "The Diamond VIP package," "The Golden Group Rate," "The Silver Starter," "The Bronze Begin With Me Today" . Confused prospects won't buy.

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susiemoore Country split over color truth instead of $$$ while two thirds underpaid for 30 years. A few amass fortunes claim they cant afford to oay more for those who make and buy their goods.

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