Would you say your net worth affects your self-worth? For many, this is a true statement. Not because money is everything, but because when you make more money your mind believes you are worth more. Why does this matter?
Back in 2003 I had just come off of making my first million dollars online. It was during this time that I would take a limo to and from the airport when I was leaving on business trips. The limo driver was a friend of mine and I enjoyed my time on the trips, but the trips cost about $6,000 per year.
My bookkeeper at the time, Denise McIntyre let me know that she wasn’t comfortable with those rides so she said if I could monetize them, I could keep them. I created a Limo Consulting hour where I would do coaching calls on my rides to and from the airport.
Guess what. I had a waiting list that went on for weeks. Learn why the cost of those Limo Consultations was actually not equal to my actual worth and why knowing yours is so important. The three key insights we’ll review are:
What calculating your worth is in your personal and professional life. Why calculating your worth is important and relevant to self-worth. How to calculate your worth on a step-by-step basis and share it.
So, what is your magic hourly number? Is it more or less than you thought?
In This Episode:
[01:59] - Welcome back to the show for coaches, consultants, and other service professionals.
[05:30] - The three key insights reviewed in this episode.
[07:38] - It’s 2003 and Alex just made his first million dollars online.
[10:25] - Learn more about Denise McIntyre and how she helped Alex monetize his limo rides.
[13:20] - How Limo Consulting resulted in profitable limo rides to and from the airport.
[17:13] - What does calculating your worth look like?
[18:23] - Why is calculating your worth so important to your self-worth?
[20:32] - Move from hourly to project-based billing. Learn why.
[23:41] - Alex shares some of his client wins.
[24:05] - How to calculate your worth on a step-by-step basis.
[26:00] - The Alexism is, “Great entrepreneurs don’t wait for their ship to come to them, they swim out to it.”
[26:14] - Hear a quick review of the key insights in this episode:
What calculating your worth is in your personal and professional life. Why calculating your worth is important and relevant to self-worth. How to calculate your worth on a step-by-step basis and share it. [27:06] - If you’ve already given Alex a review, write down your biggest takeaway from this episode on an index card. If you haven’t, though, please use that Aha! moment as your review for the show at this link!
[28:50] - In honor of this episode, Alex gives listeners a final gift. You can get a 30-day free test drive of Kartra.
Links and Resources:
Alex Mandossian Fan on Facebook
Alex’s Friday Live events
Marketing Online 4-Part Video Training Series
Alex Mandossian on YouTube
Alexisms by Alex Mandossian
All Selling Aside on iTunes
Editing and show notes for All Selling Aside by Pro Podcast Solutions.