Would you believe it if I told you that many clients come to me earning incomes less than $50K?  Here is what baffles me…passionate and brilliant entrepreneurs who are putting everything they have into their businesses are choosing to settle for earnings less than a panhandler.

As I previously mentioned, a recent article* indicates that an active panhandler in the city can earn $50,000 on average (tax-free). Here is an important take-away we might all want to consider in our business and in our lives:  You must ask for money.

Do you think the people on the street are embarrassed or scared to ask for money?  Well maybe they were the first few times they did it.  But now they clearly understand that the only to get what they desire is to ask for it.  So, why would clients pay you premium prices for your services unless you felt you DESERVED and ASKED for it?

In fact, asking the RIGHT price for you services is key, especially for the affluent. When your work costs more, people value it more highly. There are many “bottom feeders” scurrying around to get the cheapest work. If your work costs more (and you deliver more value) it will be worth more to the buyer.

Research shows that many times the affluent buy on prestige.   Prestigious products and services are bought for the image as much as the product itself — and a key component of the image is the price. They are too expensive for most people, ergo the one who can buy them is rich, successful, upper class, elite — or all of the above.

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