A common statement from talented people is that they feel guilty charging for something they are passionate about and that comes so easily for them. So is it better to do something you don’t care about as a means of generating your necessary income? I don’t think so – let’s look at the ways to serve well – and live well.
Episode #667 – June 07, 2019 –
Hi, this is Dan Miller – and yes you’re listening to the 48 Days Radio show – where each week we take 48 minutes to dive into real life questions about finding your passion, deciding what kind of life you want to live – and then finding or creating work that allows you to show up every day, excited to be able to do something that is meaningful, fulfilling – and profitable. This is where normal, indecision and ambiguity come to die. Welcome to the 48 Days Radio Show.
We talk to lots of 48 Days Eagles who struggle with “charging” for something that comes easily to them. I recently posted in our exclusive Mighty Network Community a quote from Zig Ziglar and got some great feedback, “If you believe your product or service can fulfill a true need, it’s your moral obligation to sell it.”
I asked Eagles if charging for something you don’t really care about is easier than charging for something you love and are passionate about and consequently comes easy to you?
You can be creative about how people pay. But don’t make them feel even worse but making them feel like they’re just charity cases. Allow them to invest them in the process in some way.
Remember, as Eagle Aaron Tweeton pointed out, “Charging implies value, whereas sometimes free services are ignored.”
Even if you don’t need the money, the person often values it more if you charge for it and then give it a church or charity.
Steve Barkley pointed out the restaurant business and how we don’t put a lot of value on a hamburger we get for 89 cents, whereas the restaurants that has higher prices actually have a waiting list. Often not charging can impact the value others place on your services.
I encourage you to take a fresh look and be realistic about the value that may have for other people.
Join in the conversation on topics like this by joining us in the 48 Days Eagles Community.
Questions:
Hi, Dan – If I write content of any kind (print or digital), write a book or compile stories into a book, what is the type of insurance I would need to be fully covered? Is there an expensive and less time intensive way to get a trademark?
To get a trademark go to uspto.gov to file a trademark, but I don’t advise that. If it’s worth getting a trademark, then it’s worth having a professional walk you through that process. You can’t trademark a book. Instead you copyright it. As soon as you write something, it is automatically copyrighted, and you can indicate that with the c in a circle.
You can get media liability insurance for errors and omissions in your book, but it is a rare thing for a normal author to have to have. I do have professional liability insurance.
We have so many people in our 48 Days Eagles Community who are writing books. If you’re going to write a book, I recommend that you budget at least $3,000 to $5,000.
If you’d like some resources to help you get your book out there, go to 48days.com/authors.
I’m looking to replace only $50k per year to supplement my retirement while keeping me active, busy and social.
100 Side Hustles – by Chris Guillebeau
48 Low or No Cost Business Ideas – also links you to 1000 ideas, many kids can do
I would love to give my son a subscription to the Eagles group and a small library of leadership books. What do you recommend?
Here is a look at the instant advice and resources the Eagles shared:
- How To Win Friends and Influence People
- First Break All the Rules
- The Art of Thinking Clearly
- Developing the Leader Within You
- Seven Habits of Highly Effective People
Here are my top 6:
- Becoming a Person of Influence
- How To Win Friends and Influence People
- Think and Grow Rich
- The Magic of Thinking Big
- Acres of Diamonds
- See You At The Top
Success Story:
Chip Feck, a member of the 48 Days Eagles Community, sent 18 introduction letters and followed up with cover letters and resume and before he had the opportunity to call and follow up, he received 4 call backs.
Quotation:
[click_to_tweet tweet=”“Being profitable means I get to continue serving people without asking for donations.” Jim Cockrum @48daysteam” quote=”“Being profitable means I get to continue serving people without asking for donations.” Jim Cockrum”]
Resources:
How to take an idea and do something with it, includes:
- Serving From a Full Cup
- Side Biz Freedom: 10 Ideas for a Profitable Side Business
- Building a Business With Only 15 Hours/Week
- 48 Days Weekly Newsletter (you can unsubscribe at any time)
Here’s the amazing TED talk where Shawn Achor explains why happiness comes first. Watch it here.
Find out more about our Coaching Mastery Program here.
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