Episode 258: 4 Strategies to Stop Being Underpaid

ChallengeFinancial
Written By Michele Williams

258: 4 Strategies to Stop Being Underpaid 

I am so excited to be talking to you today. I'm actually so excited that I didn't wait and get all dolled up to be on the video part of the podcast. I decided in the middle of my work session just to stop and go ahead and share this message.

So, I hope you are as excited as I am, because we are going to talk about four strategies that will stop you from being underpaid.

Do you know what it means to be underpaid? It means a high tolerance for low pay.

I think that it is a problem, especially for creatives and certainly in the interior design industry. Now, some of you may be listening to this podcast and you may be thinking, hey, no problem here, I get paid all the time.

But my question would be, do you take the money out of the company with ease, without feeling stressed? Some of you may be listening to the podcast and thinking, oh yeah, I have a high tolerance for low pay. Instead, I'm a people pleaser and I want to do great things for other people.

Stay tuned because we're going to talk about the four strategies that will help you not be underpaid, but to be paid fairly and to be able to have a profitable company - at the same time!

 

Topics Mentioned:

  • Value

  • Worth

  • Pricing strategy

  • Career path 

Listen to the Episode

Key Thoughts:

  •  People are paying you for what you know, or they're paying you for what you have the ability to learn and to know. Michele Williams

  • People are willing to pay you for what you know.  Michele Williams

  • Time is a currency that we spend in our calendar, and people will pay us for the time that we have available to devote to their project. Michele William.

  • We're all looking at what we can hand off to somebody else's task list. Stress relief is a big deal. Michele Williams

  • Understanding pricing and understanding your attitude around it is really going to allow you to move forward with confidence and not cockiness. Michele Williams

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Click here to read the transcript for this episode.

Michele Williams
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259: The Power of Feasibility 
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257: Design the Life You Want