Planning For Profit
Episode 009: How to Set Reasonable Salary Goals | Planning for Profit Podcast
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:14:14
- More information
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Synopsis
Today we are answering the important question, "How much should I pay myself?" Because when setting your pricing, you need to start by determining how much you want to make. But how do you choose a number that is reasonable? In this episode, I'll break down some key questions to ask yourself when setting a salary goal. Highlights: How much should I pay myself? To set your pricing you need to start by determining how much you want to make Uncover your unique value and getting people to pay you what you’re worth 4 questions to consider when setting salary goal: What did you pay yourself last year? Will my business model look the same as last year or different? Will I be changing my business expenses? What changes might occur personally? Mistakes in salary goal planning: Base prices on competition prices Overestimate sales figure You don’t dream big enough Links Mentioned in This Episode: Profit Bootcamp Sign-Up