I will talk about an issue every entrepreneur or professional faces daily and that is the dilemma of how to charge/price our products/services. Definitely, at some point, you will have been in a fix about how to price your product/services especially when it seems the whole industry is doing it one way and you can’t seem to get how they do it profitably.
Today we will consider pricing from two perspectives:
1. Understanding customers’ psyche about pricing
2. Pricing techniques to employ as an entrepreneur
Let me start by asking you to ponder on these questions:
What do you understand by the terms price and value?
How are the two related?
READ MORE HERERead more
Most people including executives, business owners often see consulting as mere giving advice, but consulting is usually much more than that.
For many, the idea of owning a business, being your own boss and managing an organisation is alluring or enticing. Unfortunately, the road to success in business is often paved with many perils.
Executives and business owners, see consultants as people who prolong their assignment while on the other hand consultants see them as people that are short sighted and lacking the necessary knowledge to make important decisions.
However, if mangers and the consultants can work together as partners in resolving organisations problems, a greater result will be achieved in a short time.
Read more HERERead more