I Wish I Had Raised My Prices
Manage episode 485301928 series 3647587
Should you raise your prices? If you do, could it go bad and cost you a lot of money? Will your customers get mad when you raise their price and cancel service?
I've known and worked with 1000s of home service companies. Universally, when it comes to raising prices, everyone gets nervous about the outcome. But, there is a phrase I've never heard a single person say who's done it right... "I wish I hadn't raised my prices".
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WHO AM I?
Hey 👋, I’m Jonathan Pototschnik; many friends call me JP. I’ve been an entrepreneur my whole life, with a brief detour working for a software company from age 20 to 24. I’ve had some incredible wins, like building multiple companies to 8-figure annual revenues and enjoying a significant exit from my software company. But I’ve also faced my share of struggles, such as losing three years and $100k on my first ‘real’ company and walking away from another after investing several years and giving back my equity.
I’ve learned a lot from both my successes and failures. In my videos, I share evidence-based strategies that worked for me; I hope they’ll provide you with a massive shortcut to reach your goals.
9 episodes