Professional services need to be a minimum of $50 an hour for several reasons beyond the expertise of the coach. First, you are in business and you have overhead.
There are employees earning $25 and up. Factor in the cost of advertising, premises and the tools of business. Trust me. You need a minimum of $50 and I see that some coaches even get $100 or more.
I would actually start at $100 and leave myself room for negotiation. At $50 -- your back is up against the wall and you are close to being at a loss.
> Sue Tosto wrote:
I would love an opinion on the following statement:
Do think that people believe that if they pay lower rates for coaching services, that they are not getting the true value of coaching, which implies (to me) to some extent that the level of expertise displayed by the coach is equal to the lesser rate and they are not as good as say, someone else with higher rates.
Did I say this clearly? What do you think?
Private Reply to Rebecca & Ken Aspinwall (new win)