333 – November 29
“Everything is worth what its purchaser will pay for it.”—Albert Einstein
Sarah Edwards, with her husband Paul, has written many books on creating the life you want to live, including Working from Home, Secrets of the Self-Employed, and The Practical Dreamer’s Handbook. Years ago, she called me to say that a local department store was looking for speakers for a series of events and she had given them my name.
I thanked her for alerting me to the opportunity, and when they contacted me, the department store representative asked what my fee was. When I said, “$1,500,” she explained that it was a trial program and they didn’t have a large budget. But it would be great publicity and exposure for me in my local area. Would I be willing to negotiate my fee? I agreed, and discounted my speaking fee to $1,000.
Sarah called me back a few hours later and said that they were asking her to speak as well, and wanted to know the amount of fee they were willing to pay. Speaking fees are very diverse, and it is often difficult for speakers to know what kind of budget the company has in mind. If you ask for too little, you don’t look professional and if you ask for too much, you can price yourself out of the market. I was happy to share with her my negotiations with them, since she had gotten me the job.
She called me back two days later, laughing on the phone. She said she just had to tell me this story. Knowing that I had lowered my price for the department store event, and figuring they would try to negotiate with her as well, she decided to ask for more to begin with. So she told them her price was $2,000 and settled for $1,500. But that wasn’t all. The next day, another friend who had also agreed to speak for them called Sarah to compare notes on pricing, too. That woman had said her price was $3,500 and settled for $2,500! It was a perfect lesson in negotiating.
Look again at your price. Who picked that number?
“I am worthy of glorious abundance!”
It’s so much fun being an author and knowing your work is out in the world helping people you don’t even know.
One morning I opened up Facebook and found that someone had written a lovely note about how “The Wealthy Spirit” helped her. She showed a picture of a page in the book and a coffee cup with this note:
“If you have never picked up a book by Chellie Campbell you are missing out. This afternoon’s reflection with Ionix and my journal. Today’s page is one of my absolute favorites in The Wealthy Spirit and the funniest part is that it has always connected with me and I wasn’t even an entrepreneur or in a rock band when I first read it in 2003. Today’s lesson is in Flying Without a Net and has an anecdote by Paul McCartney. He had a full time job when the boys in the band decided on a tour and pursuing music as a career. He wasn’t going to change his mind. He was scared and thought he had security and shouldn’t expect more from life. But after much thought he thought, no way and took the leap of faith. I think the world is a better place because of his leap. I have taken so many leaps in my life and I’m still taking them. Today I am grateful for the internal safety net I have built out of my own worth. Thank you for the lessons, Chellie!”—Drea Atkins