All in ADHD Entrepreneur
But raising your prices is a part of being a business owner, so I’m here to help walk you through how to make it happen. The need to increase prices can happen for various reasons, whether due to increased costs, expanding your services, or simply aligning with the value you're providing. Price adjustments are an essential part of running a sustainable business. So, if you haven’t done a price increase in more than 12 months, it’s time to consider it seriously.
From personal experience the level of clients you welcome into your business gets higher as your pricing aligns with the value and impact you have on those that you work with! It is so strange, but the number and level of clients I welcomed into my business have really demonstrated this to me!
Once you start understanding your finances, you’ll find that a lot of the fear and anxiety starts to fade (I know it seems too good to be true, but trust me, I see it all the time with my clients). You’ll feel more in control, more empowered, and more prepared to take on the challenges that come your way. And here's the kicker: when you're not subconsciously holding yourself back, you open the door to more opportunities and more income.
A scarcity mindset around money can be like a leaky bucket for your business. When you constantly worry that there’s not enough to go around, you might underprice your services, hesitate to invest in tools or resources that could help you grow, or avoid taking calculated risks that could pay off in the long run. It will also impact sales conversations with potential clients and customers because when you feel scarcity, it brings a different vibe to those conversations and people feel that! And all of this impacts your bottom line.
For us, work-life balance is more about flexibility, adaptability, and being kind to ourselves when things don't go exactly as planned. It can often involve lowering our expectations of ourselves, which is easier said than done, but I encourage you to look for areas in your business and life that you can give yourself a little more grace in.
Out of sight, out of mind is a common ADHD trait that is a big challenge for me (you can tell by looking at my coffee table). That’s why visual reminders can be incredibly effective in keeping your finances on track. Whether it’s a sticky note on your computer or a chart on your wall, these reminders can help you stay focused on your financial goals.
