Beyond the Mirror · Episode 13
EP13: Rise Above Guilt with Smart Pricing
Overcome guilt and imposter syndrome around pricing: why underpricing keeps salon owners struggling, the industry standard myth, and profit as your reward.
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What this episode covers
If you're feeling the weight of guilt and imposter syndrome when it comes to pricing your services, then you are not alone! You may already be underpricing your offerings, hoping to attract more clients, only to find yourself struggling to make ends meet. Instead of feeling confident and profitable, you may be feeling undervalued and overwhelmed by the constant need to hustle for more business. But there is a way to overcome these negative emotions and transform your pricing strategy to one that reflects the true value of your expertise.
Discover effective pricing strategies to maximize your salon's profitability and success. Learn how raising prices can positively impact your bottom line and business growth. Overcome guilt and imposter syndrome by gaining confidence in your pricing and worth. Understand the importance of industry standards in pricing to stay competitive and profitable. Find out how to balance your work and personal life as a busy business owner in the beauty and wellness industry. Profit is our reward for running a business because it's a huge responsibility, investment, and risk. You deserve your reward! – Adrienne Varga
The key moments in this episode are: 00:00:02 – Introduction: Beyond the Mirror Podcast 00:01:05 – Leveraging Passion into Profit 00:03:12 – Overcoming Pricing Guilt 00:05:09 – Transformation Story: Turning $3 into $50,000 00:12:39 – Industry Standard Myth 00:17:06 – Importance of Education in Setting Prices 00:18:20 – The Purpose of Being a Business Owner 00:19:39 – The Continuous Work of a Business Owner 00:23:42 – Guilt-Free Holiday for Business Owners 00:24:59 – Recap and Future Plans
Episode chapters
- 00:00:02Introduction: Beyond the Mirror Podcast
- 00:01:05Leveraging Passion into Profit
- 00:03:12Overcoming Pricing Guilt
- 00:05:09Transformation Story: Turning $3 into $50
- 00:12:39Industry Standard Myth
- 00:17:06Importance of Education in Setting Prices
- 00:18:20The Purpose of Being a Business Owner
- 00:19:39The Continuous Work of a Business Owner
- 00:23:42Guilt-Free Holiday for Business Owners
- 00:24:59Recap and Future Plans
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Frequently asked questions
What is the “EP13: Rise Above Guilt with Smart Pricing” episode of Beyond the Mirror about?
Overcome guilt and imposter syndrome around pricing: why underpricing keeps salon owners struggling, the industry standard myth, and profit as your reward.
What topics does this episode cover and when?
The episode covers: 00:00:02 Introduction: Beyond the Mirror Podcast; 00:01:05 Leveraging Passion into Profit; 00:03:12 Overcoming Pricing Guilt; 00:05:09 Transformation Story: Turning $3 into $50; 00:12:39 Industry Standard Myth; 00:17:06 Importance of Education in Setting Prices; 00:18:20 The Purpose of Being a Business Owner; 00:19:39 The Continuous Work of a Business Owner; 00:23:42 Guilt-Free Holiday for Business Owners; 00:24:59 Recap and Future Plans.
Who hosts Beyond the Mirror?
Beyond the Mirror is hosted by Adrienne Varga and Jodie Fielden, the founders of FOCUS, business coaches for salon, spa, skin clinic and beauty business owners.
Where can I listen to or read this episode?
You can watch it on YouTube, listen on Apple Podcasts, Spotify, iHeartRadio or Amazon Music, download the full transcript.
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