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Suggested Title: How to Charge Clients More (Without Losing Them) [Archive]
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[FROM THE ARCHIVE - 2011] In this classic clip, Rabbi Issamar Ginzberg tackles the #1 fear of every service provider: raising prices. Most business owners are stuck in the "commodity trap," afraid that a 10% increase will scare everyone away. 💡 The Core Lesson: There are only three ways to grow a business: get more clients, get them to buy more often, or get them to pay more. Learn why the third option—increasing your average transaction value—is the fastest way to double your profit. Want more advanced strategy? Subscribe to this channel for new episodes of "The Inner Economy," coming soon. 📌 Work with Rabbi Issamar: http://www.issamar.com
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Transcript
Auto-generated transcript. Not time-synced to the video.
three ways to get my business there are
only three ways no matter which business
you're in which are number one
to get more clients
number two is to charge your existing
clients more which means get more money
from your existing clients
and number three is to sell to your
clients more often
more clients obviously means that you
bring new people in the door so
therefore you have no stream of income
you didn't have before
got more money from existing clients
which is different than number three is
that if a till now is charging you 100
an hour and now I charge you 200 an hour
and even if I get no new coins and even
if I don't do anything else just this
alone will give me double the money I
had till now and obviously since your
expenses stay the same and your income
goes up that difference is totally
profit that new amount of income that
you generated and number three is help
the clients more offensive right now
um the actually Bank people that do this
but they're mortgage because they pay
their mortgage every second every other
week bi-weekly instead of every month so
at the end of the year they get an extra
payment then
because since the month is actually
longer than four weeks so the third one
is if you sell to your clients more
often you get them to pay you more often
then you can make more money even if you
don't have more clients and even if it's
the same price that it was if you use
two out of the three or three out of the
three they exponentially
they multiply upon each other it's
financial aid
no
okay let's talk about uh
what should we talk about first which
one
order a bunch of linear people over here
okay
um I had to get more clients