Setting your consultation fees is the best and worst part of running a consulting business. It’s the best because you get to decide your worth (not management or HR)—and it’s the worst because you likely hate talking money with your clients. We get it. It’s not easy. Yet, setting your consulting rates doesn’t need to … Read more
X (Formerly Twitter) announced that are testing a new program (called Not A Bot) for blocking bots and spammers that requires new users to pay a subscription of $1/year in order to post or interact with content. Those who refuse to subscribe will have read-only access. The new charge is said to be a way … Read more
Foundr Magazine publishes in-depth interviews with the world’s greatest entrepreneurs. Our articles highlight key takeaways from each month’s issue. We talked with Kirin Sinha, founder of Illumix, about building a future-state business and what’s next in augmented reality. To read more, subscribe to the magazine. ————— Kirin Sinha’s favorite fictional character is Harry Potter. The … Read more
Ask the average person, and they’ll tell you their greatest fear is public speaking. Ask the average public speaker, and they’ll tell you their greatest fear is asking to get paid to speak. But how much do you charge for public speaking? People whose careers involve some form of public speaking—writers, entrepreneurs, consultants, etc.—often worry … Read more
In a recessionary environment, discerning consumers tighten their belts and reduce costs. This can lead to slower sales for business owners, who often react by reducing prices in hopes of stimulating revenue. Yet price reduction can be a shortsighted strategy, as is explained in this HBR article. “Across-the-board price cuts can permanently erode a company’s … Read more
