Why I Charge the Most—and Still Get the Job EVERY TIME!
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Key Takeaways
Focus on selling the complete project and outcome, not time, to provide higher value and avoid hourly rate limitations.
Differentiate your service by offering exceptional execution, as many competitors may have good ideas but lack the ability to implement them effectively.
Cultivate long-term relationships with high-end clients by going above and beyond, even replacing un-warrantied items, to build trust and ensure repeat business.
Consider diversifying into related, scalable businesses, like Steve's fencing company, that can generate revenue with less personal involvement and higher profit margins.
Leverage marketing and branding (like writing a book or appearing on TV) to establish credibility and justify higher pricing in the luxury market.
Streamline your business operations to keep overhead low, allowing for higher profit margins and the ability to focus on high-ticket projects.
Do not be afraid to charge premium prices for premium service; identify your ideal client and cater specifically to their desire for quality and convenience, not just cost.
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