I was speaking to a far more successful consultant than myself a few weeks ago.
By successful I mean:
- charges more
- more shorter term gigs
- higher paid, higher profile gigs
- higher profile in the industry
- contacted by ‘budget holders’ and ‘management’ as well as ‘practitioners’
Now, he has worked for this and deserves the success.
- put himself ‘out there’ far more and far longer than myself
- built his brand
- experimented more
And there is a lot that I can reverse engineer from looking at his public profile but I thought I’d take the opportunity to ask for tips:
On pricing
- negotiate principle of least regret - price so that:
- If they accept, I would regret taking at that price for it is too low
- If they walk away, would I regret because I priced too high
- never drop your price after a quote
- discuss money early in the ‘can you work for us’ ‘can you come speak to us’
I think I do points one and two, so I’ve added point three into my repertoire.
I also asked about how he manages to make his travel schedule so profitable:
I have now put my schedule online, and I’ve also put my current availability online on my website and on linkedin, in the hope that this leads to a sense of scarcity and as a prospecting filter to stop enquiries for “can you come work with us full time for 6 months on this low level role”.
I had thought about doing this before, but after speaking to him and seeing how much he credited gaining work from it, I added this a few days after our talk.
One thing that became clear when speaking though was that he has a much clearer idea of the benefit and value that he brings to the role. And that allows him to communicate it in a clearer and more succinct way than I do.
So I need to work on that.
Also he provided tips on creating talks and content that can attract more sales:
- talk titles based on ‘what do I think would be a good benefit’
- what 3 things would I want to talk about - simplify ‘what’ not the how - models are the how
I still have work to do on my personal marketing and branding. Hopefully this helps.
I previously asked other consultants and the advice was generally “charge more”. I think the advice above, when followed will help develop the positioning to allow charging more.