Want to attend a live workshop? Miami Sales Workshop: shorturl.at/DqA6m Oct 12, 2024 🇬🇧 London Sales Workshop:shorturl.at/ZAgJd Oct 29 & 30, 2024
@vTropic5 жыл бұрын
this is how college courses should be like. It's sad I pay thousands to take college courses and I learn more in a couple youtube videos than literally years of schooling.
@IndrajaSalunkhe5 жыл бұрын
Totally agree
@1BuFo5 жыл бұрын
Then dont be a stupid american and pay thousands for a school that does nothing to advance your skills. Drop out and pay 1/10 of that money to put yourself trough professional courses. Nobody is forcing you into college *rolleyes*
@pacurarudaniel5 жыл бұрын
you're absolutely right, education should update their content
@duranburnett5 жыл бұрын
your college sucks apparently, i actually used this exact video on my class i teach.
@cutienerdgirl5 жыл бұрын
Community College will help you for cheap, don't go to an Art School.
@frankmartin25033 жыл бұрын
This reminds me of my grandfather. He was an aspiring artist. During the Great Depression, he advertised in the newspaper to do portraits, $50 each. He got no replies for weeks. Then one week, the telephone started ringing. He could not figure out why, until he checked the newspaper ad. They had misprinted the price at $500. Now the portraits had value, for $500 my grandfather must be good. It was a good lesson to learn, that a higher price tag means a better product to most people. That higher price reduces risk.
@thefutur3 жыл бұрын
yep!
@CVVmagic3 жыл бұрын
Loved this comment
@collins97083 жыл бұрын
was he worth $500? yes the "higher price tag means a better product to most people" but if he's not worth $500 then he's not going to keep that business.
@MiaogisTeas3 жыл бұрын
@@collins9708 It forces you to get good fast
@somescams3 жыл бұрын
Your Grandfather's name? Albert Einstein
@bourne2753 жыл бұрын
"You pay me for what I know, not for my time", something a lot of people just getting in the industry don't understand. Good stuff.
@rionmotley2514 Жыл бұрын
Sorta kinda. From the customer perspective, you're getting paid for what you deliver - increasing their bottom line, essentially. They're just not used to paying for that, directly.
@that.unknown3 жыл бұрын
"charging by the hour punishes me for being good" as an Engineer, that hit home.
@jamilynncreates36223 жыл бұрын
I ran into the same problem as a house cleaner. As I got better, I got more efficient and I started to feel resentful that I was actually making less money to do the same job in less time.
@arieagung3 жыл бұрын
@@jamilynncreates3622 well then you increase your hourly rate...
@MiaogisTeas3 жыл бұрын
@@jamilynncreates3622 You have 3 choices, depending on what is important to you. You can A) increase your hourly rate, B) take on additional clients since you have more time, C) Outsource. Or the hidden 4th option: ALL of those things 😎
@zanthiel20093 жыл бұрын
@@arieagung According to the video she should start charging by the job; doesn’t matter how fast she does it but the end result.
@mastercamer3 жыл бұрын
@@jamilynncreates3622 I didn't get it. What do you mean by you were making less money. For example if they paid you 20$/h and you did the job in 30 minutes , then that will mean that you earn 10$ for free right? unless I'm missing a point
@rthur.5 жыл бұрын
Every time a client emails me about my prices i always watch this video to calm myself down and not panic!!
@nylerigor5 жыл бұрын
I just did the same exact thing! Lol
@nelsonharpee35375 жыл бұрын
Now I have a pair. How our actions connect can be incredible.
@theashguardian86404 жыл бұрын
No way, I just thought of doing the same
@GaboyNatienAustralia4 жыл бұрын
I am actually freaking out MORE because i am already imagining fighting them over my value and the price i want to earn even though i “deserve” it?? 😭😭😭Anyone else? HELPPPPP
@xXDragonTribalXx4 жыл бұрын
@@GaboyNatienAustralia You don't KNOW that you deserve it. You put it in quotations and thus devaluing your work. From a purely business focused standpoint... It's ok to fail. What would you rather have at the end of a month? 20 clients who said no to the price you made for them but the 21st paid you your 100k or 50 clients who said yes to your negotiated price but at the end you own 20k because you thought your work is not "worth" enough? :) You gotta live that.
@baileyimproved20756 жыл бұрын
The hourly model is broken because it rewards inefficiency. It's as simple as that. Beautiful.
@makromizer6 жыл бұрын
There's never a plain hourly model. If you are being inefficient, your client will only be willing to pay lower hourly rates. Or he is an idiot...
@user-sw1wq8lh2w5 жыл бұрын
It doesn't reward inefficiency, it's not like people are willing to just pay for whatever hours you use. It does actually encourage reduction in scope creep, but change order limits do a better job of that. It also protects you from unexpected roadblocks, details, client satisfaction, etc. Personally, I think a clear contract and flat rate is better. Due to that, I've made $1k in a hour due to the fact I found a better way to accomplish their goal.
@liquerinfrnt5 жыл бұрын
@@maxmaxed2887 that was part of his contract. He said 3 rounds. Client wants more revisions? He can pay more for them.
@r.a.86185 жыл бұрын
But the lawyers get to charge at hourly rate. They are perhaps charging what designers are charging per job per hour. The world has never been fair.
@registerme25 жыл бұрын
30 years ago, when I was first starting IT consulting, I charged "50% of increase in revenue for the first 6 months after the system I developed went live". This worked well when I was talking to the owner of a small to medium sized business. So long at they had integrity & had a clear idea of what they needed. I took all the risk, when it worked I made a ton of profit (very high hourly rate). But I found it impossible to do with large enterprises. They found it difficult to calculate the ROI independent of all other activities. My productivity could be derailed by internal inefficiencies, & their legal team were challenged by the non-standard contract.
@alexander.pereira4 жыл бұрын
I'm a grown ass man with my own business and thought lemme watch this as I eat my dinner and remember when I was a broke designer. But dude just blew my mind. About to re-watch it.
@thefutur4 жыл бұрын
Hey grown ass man. Welcome to the Futur.
@7-up8134 жыл бұрын
His business acumen is flaky though he said with e-commerce your cost should be 1/4 retail because it doubles from cost > wholesale > retail but because you get to set your own prices with online stores you don't need to chase these margins since there is no middle man..
@frankmartin25033 жыл бұрын
@@7-up813 Not if you want retail sales as well. If you are selling for less on your e-commerce site than I can sell it for you in my store, why would I sell it? Those sales reps need payment/commissions as well. The numbers he used were just for the presentation, but those are pretty much on par for retail.
@erfansvideos3 жыл бұрын
I’m an ass man too 👍
@MikeRenouf2 жыл бұрын
I have a degree in Industrial Design and a degree in Business Management. None of the lecturers on either course even came close to joining up the practical materials in a way that made it all as clear as this. This should be mandatory watching for all designers.
@thefutur2 жыл бұрын
Thank you so much Mike.
@AlexanderGartley5 жыл бұрын
"You price the client and not the job" Love that.
@MohsinMirza4 жыл бұрын
Absolutely !
@the_alchemy_method4 жыл бұрын
But so many designers give way cos they’re desperate to get the job and cant argue their case or the financials well enough mainly cos they don’t ask the client the right questions
@borcsaster4 жыл бұрын
No, it's misunderstood: you don't charge the client (that would be discriminatory) you charge how many times your logo is going to be used! 50-100 times per year only on letterheads or 50000-10000 times printed on pruducts?
@the_alchemy_method4 жыл бұрын
@@borcsaster well you would have a hard job in getting them to release how many times they actually used it. Plus getting them to agree to PPU (pay per use) is a very difficult task unless they are a larger company
@borcsaster4 жыл бұрын
@@the_alchemy_method You are talking in the past tense which is not in hand yet when you're designing a logo! You have to estimate the usage before work! If it's a solo entrepreneur or the company that has no products but only services than the usage will be probably low. But if it's a company with a massive product range and several years in the business the usage is going to be a lot more! Of course, you're a bit in trouble with startups, but the choice is always your's what sum to say, and it's their choice if they want to work with you or not. But you don't decide (or at least you shouldn't communicate it) on the client, because thus you'd say: I like you, I do this job for you for this much, and I don't like you so I do the same job for you for this much. You can have preferences within the clients of course, but I think it's better not to throw it in the client's face, saying: for you, it's this much! So I'd rather say: as I see this logo is going to be used... so the value of it, is... . I think the difference is in communication.
@conworrall6 жыл бұрын
I'm 20 and at a design academy in Cape Town and this is exactly what they're teaching us in business class. This kind of thing should be taught in high school and accessible to all designers.
@blacknbone6 жыл бұрын
whats the unit called?
@ZelltisExx5 жыл бұрын
@msec Ses no one would hire a designer for marketing...
@conworrall5 жыл бұрын
Jacob Nandi Cape Town Creative Academy
@conworrall5 жыл бұрын
msec Ses The lecturers at this academy all either have their own design practices or currently work within the industry, teaching up and coming students as a side hustle and way of giving back & sharing knowledge. Also it’s not a marketing school but geared towards more visual forms of design - Communication Design.
@LastbutNotFirst5 жыл бұрын
@@ZelltisExx I am a designer, who gets hired to market shit all the time and also consult. most times, they don't even want me to design anything. They just want ideas and a way to increase revenue... Why do they hire me to market? Because I have proven myself that I can foresee where the company is going, direct them to where to focus on, and save them a ton of money by not doing much advertising. I worked for a company that spent $0 on advertising and we were the first company ever to do this, and become hugely successful. Now everyone and their mother follows what we did.
@HoneyBunRoad6 жыл бұрын
I like that the audience is asking questions that are relatable. They don't act like they know everything.
@danieldigiacomo4 жыл бұрын
I’m not a logo design... not even in a creative field at all. Somehow stumbled on this video and found SOOO much value in the conversation. Amazing presentation!
@carltonlear11232 жыл бұрын
Me too
@linuskristian2 жыл бұрын
Same XD
@jamesrodriguez28082 жыл бұрын
Do you need a logo 🔥
@TheAbrahamHD6 жыл бұрын
I'm not even a graphic designer and I enjoyed this.
@option-sh9yd6 жыл бұрын
Im more into thiestic v atheistic debates and its funny how im listening to these videos and find bits interesting. What goes on behind the screens of widely known brands huh lol
@impossivel20065 жыл бұрын
I can't draw a straight line to save my life, and I loved this video.
@kickcloudstv5 жыл бұрын
Same, I'm a music producer at the moment.. But this was extremely informative. Perhaps I will have to get into consulting as well.
@thepassinglane5 жыл бұрын
I initially searched for video editing. Then stumbled into graphics. And KZbin said "I think I know what you wanna see" and brought me here. I knew nothing about this stuff, and after watching it I feel like a consultant already.
@kwisatzhaderach14585 жыл бұрын
It's EXTREMELY valuable info
@geefbird3 жыл бұрын
Don't watch this video before bed, you will be way too inspired to go to sleep. Wish I would have seen this 5 years ago, I just decided to get back into graphic design after years of not doing it and immediately started selling my work and shooting for bigger and bolder jobs. Currently working on my biggest and boldest yet and this just added so much fuel to that fire. I love randomly being thrown inspiration. The universe knows all and will provide what you need when you need it. Thank you for this.
@yoyoyo34395 ай бұрын
How did u find clients?
@jacobwallner59414 жыл бұрын
Do we all ignore how perfect he just drew this Nike logo
@taylorjennings62734 жыл бұрын
Jacob Wallner i was definitely staring at it the whole time.
@florinangelo68514 жыл бұрын
Not too similar , trus me got some ocd 😂, the diference and proportion between th base and the end to big , the angle of interior curve ...
@florinangelo68514 жыл бұрын
But yeah good juob at the end
@christinavigorandmoxie4 жыл бұрын
I immediately thought that! LOL
@No_Show944 жыл бұрын
With ease
@cptpowerpuff3 жыл бұрын
I’m seriously blown back about how this channel isn’t bigger, the way you can peacefully do business in a clean and respectful way, making ends meet without being agressive is amazing
@YokoshimaSTAR5 жыл бұрын
That argument about time and hourly rate was straight stab to the business client's heart. I clap for you for teaching me how to be a sassy graphic designer. I'll shine like your bald.
@berkaytas015 жыл бұрын
bahahha till the end it was ok, but that ''bald''part got me.
@Meow451465 жыл бұрын
yes to the hearth of stingy client that need the compromise for the lowest amount to be ok with the conscience. Poor oaf, and then you see them queue up for the latest iphone that isn't even worth 100 dollars of materials or for everything else that make them happy without care about the price. Man's hypocrisy travels faster than light. ;D But at this point even the most fervent of moralists would have understood that is vain clutch at straws and that it would have been better to dare more value to oneself. ;P
@homerthompson60285 жыл бұрын
Damn he didn't heart your comment. He must have felt that bald comment.
@ethandenton33935 жыл бұрын
@@homerthompson6028 Nah, he's confident.
@NormalCleanCars3 жыл бұрын
Because of you, I was able to convince my boss to start paying me on salary which is based on my amount of work and quality instead of being paid by the hour. I kept doing my job really quick and I would get penalized.
@salatkiel5 жыл бұрын
It's like 4:30AM and I basically took a course on business just now wtf omg.
@thefutur5 жыл бұрын
Haha
@gabrielmendieta48755 жыл бұрын
its 3:51am and the same wtf
@omagic13915 жыл бұрын
Same lol
@amencrusher5 жыл бұрын
4.04...
@n30nplay565 жыл бұрын
Its 3:05am for me 😂 and I've already gained more knowledge than collage
@gauravtee4 жыл бұрын
I have no idea why I'm watching this but I stuck through because I found your demeanor incredibly attractive. I love your confidence and speaking style.
@thefutur4 жыл бұрын
Thank you
@CarlosMota4 жыл бұрын
Yeah! The guy has confidence and a calm speaking style. And he need that confidence to charge 15K-30K for a logo and explain to the cliente why he is charging that. By the way, thanks to your post I discovered a new word in english: demeanor.
@gauravtee2 жыл бұрын
I'm here after a year even though, as a writer for a bank, I have nothing to do with this field. Chris really has a way of drawing people into what he's saying. What a fascinating talk. Until next year!
@MrArtist19716 жыл бұрын
I've been in design for over 25 years and I completely believe this. My situation has been 'employee' of 'this and that' big firm that when they found out my skill level either pulled the job from the agency they were using or just loaded me up with design work that they knew cost them more on the outside - I didn't realize I was getting screwed. I completely feel stupid at the moment. In the last 5 weeks I have literally produced approximately 40K worth of work for SALARY - I kid you not. Time to get my head on. God help me. I think the truth lies in realizing your own worth and asking for it. To be honest, I see average designers killing it financially, and why? They simple go for it. I have to go for it. This vid is something else.
@HaleemaTravels6 жыл бұрын
I completely agree with you!!
@brownhaus8156 жыл бұрын
I've been freelancing for 22 years at hourly wages....no more!
@wildfireflower6 жыл бұрын
It's really really true. I have a business coach right now and these concepts and the way we're able to make it happen for ourselves is amazing. We don't have to be controlled for 8 hours, while we trade our hours for dollars
@latiolaisgradnigo5 жыл бұрын
❤️❤️❤️
@yourcrunk80335 жыл бұрын
The way you market your brand (in this case your artwork) is everything. Knowing who to showcase your work is half of the battle. Knowing the worth of your own art work is key, placing a price that reflects the work you do.
@VictorALuna8 жыл бұрын
Huge mistake: watching these videos right before going to sleep, cause I get so excited that I just can't close my eyes!
@thefutur8 жыл бұрын
Lol. It's a shot of brian caffeine.
@MJ-xg2ow6 жыл бұрын
I can relate
@ecomhicks6 жыл бұрын
Same Here, It get's the ol' mind gears churnin'
@Teej.Images5 жыл бұрын
I can confirm... I haven't slept for 3 days
@sonnyh97745 жыл бұрын
Read legal cases and you'll go right to sleep.
@wendycervera16373 жыл бұрын
Been designing for 26 years now. Luckily I had lots of great business mentors over my years and learned how to be a designer who thinks in terms of business. It is a necessary skill to have in order to set yourself apart from all of the 20 year old Fiverr designers out there doing logos for $10. I also wanted to add that I often tell clients that the process of working with me will be so smooth, easy and enjoyable that I guarantee they will be delighted with the process itself. I cannot tell you how many clients I get who have had horrid experiences with other designers. Making their life easy is also a HUGE part of becoming their go-to designer over and over and over again. So don't just sell a logo, sell the ease with which projects with you unfold.
@unamistone19063 жыл бұрын
My goal is 1.5 milion. And i dont want to get paid in cash should i work for a unicorn corp. I dont even sell my art anything or patent. My art is like stocks to me.. i also deleted all my insta where art is viewed. Only kept 3 designs. Almost all artist got the wrong idea about art.. its not about small money. Its about goal and showing something new and rare. But hey im thankful bc like you said they didnt figure it out yet.. otherwise the art market would depreciate. Thanks fivir and instagram .
@FnD42123 жыл бұрын
@@unamistone1906 You talking delirious... I don't understand what message you try to deliver here.
@zeromathematics3 жыл бұрын
100% agree. Mutual enjoyment of the process is so important. It's sort of like being an Uber driver because every client wants a certain kind of ride... chatty, quiet, informative, etc... Paying attention to every client's subtle indications of what they really want and how they want to get it helps a lot. Sometimes it's a good idea to ask them...How would you prefer we do this?
@realpromotebiz31382 жыл бұрын
Fiver help my business spent only $3k smooth easy and enjoyable!
@newanimation78672 жыл бұрын
how can i get clients on fiverr
@NikoHermogenes3 жыл бұрын
i’m finding all these lectures on youtube and it’s like youtube has become my school, i’m so grateful for the information on this platform
@EstablishedHeritage3 жыл бұрын
Yeap. KZbin University.
@manuelgallardo76946 жыл бұрын
The price of a logo depends on the client, if its a local one store taco shop probably just $500 but if its a taco shop with 5 or more stores probably $3K to $5K. If u are designing a logo for a product that will be sold all over USA maybe from $10k and up. U see kids its all about the level of the business u are designing for. U can't charge $10K to a small plumbing company of 3 employees. Find out the level of the client and how much money they make to figure out your price!
@thefutur6 жыл бұрын
That’s pricing the client. Perfect.
@aviralverma69076 жыл бұрын
That's what I was wondering while watching the video. Perfect comment!
@luluinthehouse8885 жыл бұрын
@msec Ses But the value you're giving depends on the scale of the client's business.
@kickcloudstv5 жыл бұрын
@msec Ses The value you're giving isn't minimal. You are giving the clients security. They want to feel secure with every aspect of their company, logos included. Not to mention they are talking about whole re-branding's and brand strategies, etc. If the company feels insecure about any of it or has to re-call a logo at some point it is costly $$. Business is a very mental thing. And if anything rather than taking advantage you are doing a service to these smaller companies by drastically reducing your prices, plain and simple. Something not mentioned in this video but that is also important is that you have to be competent. He is confident because he is competent. He is going to do his job well whether it is a small company or a large one and he knows that. That is one place where he draws that confidence from to be able to charge on a gradient scale. A lot of the designers confused in this seminar were probably not as confident in their own work so it was harder to process. Or they were still coming from a 'worker's mentality. "value you're giving (which is always minimal)." This sounds more like projecting, and/or coming from a non-business point of view. Hours spent is not the only thing that denotes worth. Even though most 'jobs' will tell you this. The $/hr model is flawed and starts unraveling quickly in the realm of artistic creation; music, art, branding, etc; and business as well. The value he is giving the company is his self, his work ethic and his word. And I doubt they would be minimal.
@nicolejsaunders5 жыл бұрын
See that does make perfect sense but is it ethical? I don’t want to pay $100 for a gallon of milk at my local grocery store just because my income is higher while my neighbor pays $3.50. That’s what I’m not understanding. How do you justify the price differences when you’re getting business by word of mouth and the clients are two different income brackets?
@koriecull5 жыл бұрын
I recently spoke with Chris on Linkedin for advice and he simply said, "Make some noise." Now I have a youtube channel and my productivity levels are through the roof. Thank you and see you in a few years time...
@thefutur5 жыл бұрын
Good luck!!!
@koriecull5 жыл бұрын
The Futur Thank You!
@passion4pes2285 жыл бұрын
@@koriecull love it!
@aksa7067 жыл бұрын
You just exposed the whole brand design industry. Like in a good way.
@chloepatt16613 жыл бұрын
I used to do photography as my main job and used to charge so very little because I needed every penny. I was always charging based on what I thought the client could afford and giving them a number that wouldn’t shock them. Now I do photography on the side of my main office job - and having that income security gives me the luxury to be picky about which creative projects I take on. We typically would sit down and discuss what they needed & expected. Then based on that I’d give them a price that I wanted for that job. On some occasions my price exceeded the client’s budget and I respected that, I said I was happy to refer them to someone else, or for them to find an alternative who could meet their budget. I was very calm and nonchalant because I wasn’t desperate about the extra income, I was able to pay my bills with or without them. That allowed me to have that mentality. On majority of occasions the client came back with a new budget to hire me. It was before I found Chris’ Futur channel. I didn’t understand how or why it happened before, I wasn’t doing it as a strategy I just said what I felt. It’s so interesting to hear Chris breaking it down as a pricing/sales strategy.
@jonathanperucho88628 жыл бұрын
I can't believe this video was free?!
@thefutur8 жыл бұрын
Jonathan Perucho give knowledge freely and you will live richly.
@jonathanperucho88628 жыл бұрын
I have every intention and WILL be purchasing the Core Kit because I just have to repay you for the value you're giving me. Just need to save up a bit more!
@thefutur8 жыл бұрын
Jonathan Perucho thanks man. We have more kits and products coming out. Different price points as well. Plus we will be trying out a new one for one program.
@jonathanperucho88628 жыл бұрын
Looking forward to the updates! Thank you always!
@buzz_is_here7 жыл бұрын
I agree with Jonathan. Amazing value, will have to get the products once this gets money in the bank.
@jason_v123456 жыл бұрын
The student completely misinterpreted Chris's point. His point is that you price your work according to its value to the customer, not according to its cost to you.
@thefutur6 жыл бұрын
yes.
5 жыл бұрын
@@thefutur haha he couldnt process it. rigid thinking.
@RomboutVersluijs5 жыл бұрын
Still wonder why a company which makes a lot of money should pay more than the little flower shop around the corner. For both the logo has value, for both its face of the company. Than why should a big company pay more if the work takes same amount of time? I find that BS
@gravityhypernova5 жыл бұрын
@@RomboutVersluijs For both, the actual execution of the logo form may take a similar amount of time. But you'd hope that the bigger company has had more research, thought, and nuance put into its conception. After all, they have more direct financial risk riding on it, don't they? Not just in printing business cards for employees, stationary, rolling out signage and documents to stores... but in public and customer perception if they find out there is a reason to change it.
@RomboutVersluijs5 жыл бұрын
@@gravityhypernova I still find all of that thinking methodology kind of BS. You know the nike swoosh righ... I believe designed for $35 by a student. Of course i can understand that for some companies the process could and should take longer. I also understand they sort calculate time in for all the iterations. With big companies come lots of people involved, the more people the harder it is the find the correct/right tone. Each person as a different look, this makes the process much harder and longer. Im not so sure about the financial risk on their logo though, what the thought behind that actually? PS a small company can have also have big research involved, but what sets it apart is if its a new or existing company. WIth a new company you have more of a fresh start, where as with a restyling you should research why they want it different or changed. Why did the older logo perhaps didnt workout. Not sure what all the renewal stuff has to do with the pricing of a logo, that has nothing to do with pricing your logo.
@ichtus1015 жыл бұрын
I've been a freelancer for 10 years and had to (and still am) learn all these lessons the hard way. Listen to this guy! Charge on the value you represent to your client and not on the number of hours you need. Learn how to negotiate plus analyse the details and needs of their business.
@MsLopez-fj3fh4 жыл бұрын
How's the Life of a Freelancer? I'm new to it and looking to pursue it as a full time income from home as I am a single mother...
@RHOWDYRED Жыл бұрын
During my BA for transportation design, our class was made to attend a short class that was supposed to be focused on marketing and understanding branding... It hurts me and the others to think that that class realistically cost about $2k. We learned nothing, despite being focused on the topic and it frustratingly distracted from important exams at the end of the semester. I sat up one night and came across this video. My mind was blown to have Chris explain in less than an hour how to approach this massively important but sometimes difficult concept of valuing our work for clients. Here i am 2 years later getting ready to start off on my own design career, and im coming back to relearn from this video. Thanks so much for this, and the many other videos on your channels!
@jasonthesnow4 жыл бұрын
I have taken 20 credits in business classes and literally none of them have taught me this so thank you
@thefutur4 жыл бұрын
Thank you
@javierjaime93863 жыл бұрын
Drop out
@xcidia82265 жыл бұрын
I'm just a recent graduate in I.T and this really was an eye opener for me, this is what schools should have taught there students. "HOW TO VALUE YOURSELF"
@sangeetagupta15595 жыл бұрын
Xcidia n
@ngocishere4 жыл бұрын
Took an engineer class (not engineer major), and professor said that the #1 thing that engineers/designers lack out of college is business sense/understanding. This is such a great video in explaining the value of creativity. Thanks for the great lecture!!!
@thefutur4 жыл бұрын
Thank you
@DrunkenUFOPilot Жыл бұрын
I majored in Physics. We come out of of college with even less business sense than engineers!
@JWolff-md3ij4 жыл бұрын
After watching this I realized how many were further along than myself. There should be a newbie lecture like this, you know for people that want to do business with bigger firms that aren't big themselves with lawyers? I almost failed English in HS due to allot of really bad teachers through the years who really didn't care if you learned. My senior English teacher wasn't letting anyone through that didn't know enough. I came to her when I knew I didn't have a GPA that would quite make it and she offered me a test grade of whatever scene I drew from the book I was assigned. On the day I brought in the poster-sized illustration which I worked extra hard on and researched the passages of text to illustrate every descriptive word from the book to image, she stared me straight in the eye and asked, "Do you think this deserves an A?" I hesitated and back-peddled, I contemplated out-loud if it was good enough and worthy enough. Finally I answered "yes" as if I were asking a question and I almost failed out that day were it not for her grace. It was not the poster that was worth the test grade. It was the question she asked. If you can't believe what you do no matter how hard you work is worth it, you are voting more that you fail than succeed. Apparently, my teacher was much more than an English teacher. Thank you Mrs. Archambault
@xax81255 жыл бұрын
Not even a graphic designer but still watched this and learnt a lot lmao!
@VinayJacob4 жыл бұрын
same here....
@YamilSG4 жыл бұрын
Same here ... engineer, and works exactly the aame
@tylerrogers20336 жыл бұрын
I've watched this about 15 times... (or listened in the background while I am working) and continually get inspired to know my worth...I've got over 18 years of experience and still feel like I am constantly "giving deals" to everyone.
@TrackSol5 жыл бұрын
Excellent lecture. I'm a recently retired military member finishing up my last few classes of my BA degree and everything you said made complete sense, especially about the need for creatives to learn and understand business language to extrapolate the client's value of the job.
@cleverrsites Жыл бұрын
I understand Chris' frustration when he asks questions to the audience because he's trying to shift their perspective for a moment. It's hard to get someone else in the right mindset to have these conversations. Thanks for helping us Chris!
@Mcaden1015 жыл бұрын
I watched this 3 years ago but didn't understand it, but after I worked in a studio for a while does charging now makes sense. I see my art director argue with the client all the time when they ask about why is it so expensive, and my AD always winsss just like Chris here. This is seriously content not meant to be for public eyes cause I think this is a superpower lol
@thefutur5 жыл бұрын
Thanks
@get8bit7 жыл бұрын
This is the #1 design channel! I've been designing for six years now and I think I've made every business mistake under the sun. I took business classes, but there wasn't one class on the DESIGN business at my school. If only I'd had these videos back then I'd have saved myself so many headaches, and I'd be so far ahead of the game! Better late than never I guess! Thanks so much for making these.
@thefutur7 жыл бұрын
Devin Holmes I have a lot of questions for you Devin. Can you message me on FB? This is Chris btw.
@get8bit7 жыл бұрын
Hi Chris, I don't have a FB, but I sent a LinkedIn invite.
@thefutur7 жыл бұрын
accepted.
@wildfireflower6 жыл бұрын
Now, you can create your own coursework and create a new online business program & academy with any of these learning management programs that you can utilize to build your courses. Then you can coach a small group of students who needs that help and you can provide them with your course for about $350 but... If they also want you to coach them through this process, let's say that you had created 12 modules for the 12 steps to become successful in making your business in graphic design. You can easily charge $3500 for your 12 week business program. Easy
@jordanruth08097 жыл бұрын
I understand what he is saying. If you are confident in your work you don't have to discuss how many hours one outs in a project. Plus an underdog will only tell someone how much they put in because they feel as if they will make more money and literally they can be done in 10 minutes and charge up to build their clientele versus someone who is known and very branded and get your branding visibility out there. One will be building his or her reputation and the other will make you quickly visible because of they are already established and known. Some times quick isn't always good.
@studiompodcastnetwork51193 жыл бұрын
0:48 "I always include a brand strategy, even if they say they don't think they need it." "Including things like a Brand Strategy for a client when the client doesn't request it and isn't paying you for it" is a bad idea. Don't give away your time and work for free. It lowers your value in the eyes of a client when they see that you've got enough free time to provide "Free services" and will open the door for them to not only ask for more free work from you, but also ask you to do extra stuff and spend your time on things for them that the client isn't paying you for. "Hey (Designer) we love the logo/ website/ package/ branding you did for us, and we really liked the BRAND STRATEGY that you gave us. Can you turn the BRAND STRATEGY into a solid powerpoint presentation so that we can show it to potential investors? Also, if you could copy it onto 5 USB thumb drives for us, we'd really love that. Then you're stuck in a position of "Do I now ask for them to pay for this FREE BRAND STRATEGY I've provided? Or do I continue this extra work and time on this for them that I am not charging them for?".
@ClemensAlive5 жыл бұрын
Came here to procastinate, when I should have done a Social Media Strategy for a potential customer... Left with some good inspiration. Totally worth it :D Wish me luck with the pitch.
@thefutur5 жыл бұрын
Worth it
@ClemensAlive5 жыл бұрын
@@thefutur the pitch worked out fine. We now have a 15k monthly contract. *-*
@eidonium53344 жыл бұрын
@@ClemensAlive very nice!
@facelesspodcaster55943 жыл бұрын
@@ClemensAlive this is great how many clients do you have now?
@rutviktopkhanewale83353 жыл бұрын
Luck
7 жыл бұрын
A woman told Picasso: “You took just five minutes to do the sketch,” ... Picasso: “The sketch may have taken me five minutes, but the learning took me 30 years"
@thefutur7 жыл бұрын
yep
@jordanruth08097 жыл бұрын
benjamín saravia exactly
@BeyondSideshow6 жыл бұрын
10:20
@BeyondSideshow6 жыл бұрын
Sean P. - There was no one like Picasso in his time though
@joegonzalez43436 жыл бұрын
BeyondSideshow well, you never know, there might be more but they prefer to be hidden, live private life that is. :P
@johnathanjonker43865 жыл бұрын
If only all teachers had enthusiasm like this during class...
@ethandenton33935 жыл бұрын
It's because the results aren't dependent on thier skills.
@mpulsegmbh52604 жыл бұрын
Johnathan Bruh ...and in my humble opinion: you need to find new teachers :)
@adrienneanderson-smith22574 жыл бұрын
Mine did! Very dedicated staff at the Art Institute & Bellevue College
@ryankatz96164 жыл бұрын
Thank you for making me feel sane by thinking "if I can't design it, I can hire someone else to at their rate and still make a good profit, because I'm an entrepreneur." I thought I was insane for thinking that until you just said it. Thank you. How do I start to market my web and graphic design firm?
@gametimesports46984 жыл бұрын
"You guys sell what you do, I sell what the world can do!" GENIUS!!
@buckminster074 жыл бұрын
Dude I thought everyone just quite the video before listening to that great line
@guttajones1004 жыл бұрын
Mic drop!
@innarlife4 жыл бұрын
what does this mean?
@sawaladarso58994 жыл бұрын
Camille Sergeant i think the world get involved interested by what he work doing, and then the client sell what you do meaning you get result my work and then start you business.
@matthewpartridge67004 жыл бұрын
@@innarlife When he goes into a business deal, he isn't constrained by what HE can do; he will pull in other resources to do whatever is necessary to get a solution. He alluded to this when he spoke about the $3M web site - he can get data analytics people, three different web design teams etc. He doesn't think of himself as just a designer - he's a businessman that can manage a complete project solution, design is just one part of it.
@fernandoballadares80823 жыл бұрын
“Did I say that?” - truly an great example of the power of suggestion applied to a sale’s pitch
@tsunamisantista66832 жыл бұрын
the time you realize speech is everything in sales. he just nailed it
@alexsalazar58713 жыл бұрын
I work as a diesel mechanic and have lots of side jobs. This really helped me understand my value and how to charge my clients fairly and honestly.
@ICantMakeEveryoneHappy2 жыл бұрын
i’m watching you’re video right now and i i always like to say, that whenever somebody ask you how many hour you work! Its not about the time you spend doing the logo because you could spend the whole day doing just one logo but the knowledge and experience you have to understand the value of the client to give the same value for your work !!
@emgonzale7 жыл бұрын
Thank you for throwing out numbers! I hate hearing "it depends." I'm new to the business world, so I have very little reference for how much money companies even HAVE. I was charging waaaay to little for my time. I was thinking I had to design faster to compensate. I thought I was just not a good enough designer.
@wildfireflower6 жыл бұрын
Omg! I am a spiritual business coach and I am currently working on a project that I am working for Empath Introverts. So I got a business coach who is also a great speaker and she's been teaching us in the Spiritpreneur Warrior Business program and one topic of discussion that we've had deeply, is how do we know what to charge? And how do we break it up? It seriously does depend on upon your niche market and who you want to be working with as customers and who are these people? What are their needs? Strengths? Goals and objectives? What do they FEAR the most? And where do they feel least confident? Now.. If you have your unique style and presence in your business worldview and your own business branding, coupled with your core values and your manifesto.. You can charge a very decent chunk for your specific niche market specialty. That client will be so attracted to your work that they will be more than happy to provide you with full payment. Especially if you're walking them through the process of designing and building. You're sort of coaching them through the process of designing each element and creating something that is unique and stands out. My areas are Empowerment for Empath Introverts such as I, the spiritual Entrepreneurship, spiritual marketing, Transformational Leadership coaching, etc So.. I would pay $4000 for my entire branding to be created but only by the designer who works for and with spiritual Entrepreneur's, lifestyle and well-being bloggers, Inspirational KZbinrs,... It's all about the self worth, the story used for the marketing and the message that the coach, entrepreneur, or creative, happens to be engaged in. You always want to Niche down as far as you can. The more specific you you are within your areas of expertise, the more successful you will be finding your business in. It's a mindset
@safetsafet70535 жыл бұрын
This helped me to get my mind straight of how to price the services that my business offers. Just the mindset.... you can use it from negotiating salary to pricing business services. I'm blown away of how good this is! Тhank you!
@MattAbraxas6 жыл бұрын
Easily the most asked question for any creative business and it almost always gets the same answer: "it depends" This was remarkably helpful
@noma37954 жыл бұрын
Time is never in the budget, but we want it quick. Good perspective on pricing creativity. It is priceless.
@Missmvmaria6 жыл бұрын
This information comes exactly at the right time for me. I work as a freelancer, i produce videos and social media content but also sponsored articles and I often collaborate with other people to help them build their brand.
@AsilAdnan4 жыл бұрын
It looks like I have to arrange a meeting with all my past clients and tell, there has been an error in the calculation of the charges, got to rectify that. :(
@mohmad_jomaa_4 жыл бұрын
Lmao
@Unmasked21443 жыл бұрын
😂
@JLYMedina3 жыл бұрын
🤣 🤣 🤣
@tiffanyverwayne51833 жыл бұрын
😂😂😂😂
@dondadaentertainment3 жыл бұрын
What do you do for a living?
@mr5597 жыл бұрын
My last graphic design class before graduation was about business. All we did was transcribe text and implement our own design. A whole semester wasted on a teacher who gave instruction to reword text, made us work and contributed to nothing, while getting paid to give a 5 minute speech and wasted our hour night class away. Thanks to the Futur, I realize those are the people you don't want to work with. Chris knows how to lead and that's golden.
@thefutur7 жыл бұрын
thanks!
@theodorarolip58623 жыл бұрын
I'm a "client", a non-designer and this opened my eyes! I am looking to ask for a proposal with the same question wondering why do designers charge different price. Now I can decide better ☺️ thank youu!
@cyphertoons2 жыл бұрын
The sad truth, I'm into Motion Graphics and Animation in case you need me, I'm ready
@grafiscopiochile91987 жыл бұрын
I seriously can't believe there are designers who keep charging by the hour. What we (are supposed to) sell is value, so much so the price becomes irrelevant. A client (or any of us) will find anything expensive if the price is higher than the value. So don't focus on costs, effort, time or the art you're producing: sell your designs in terms of how good they solve a business or human problem, or need. By the way, this was a very instructive video. Only thing missing was intellectual rights / copyright which is key in pricing graphic design (logos included). What we're trading is not the art but the usage.
@thefutur7 жыл бұрын
some designers have been successful licensing their work to clients. so if you are, kudos to you.
@RomboutVersluijs6 жыл бұрын
ANd how would you value a logo to a startup or a very small business, there come the issues of calculating a proper pricing. You cant value a log for a new company. How can you value a logo for a big company? Pricing logos is very hard i think, there can be so many steps which make the time 5-10 times longer.
@VirtuaMe6 жыл бұрын
Nike paid a student designer $35 for the swoosh logo in 1971.
@hellothango6 жыл бұрын
that is so sad
@tashingadekune91416 жыл бұрын
Then they offered her a position there and she worked there for a while
@Graystripe026 жыл бұрын
Pretty sure she later got some shares of the company, and seeing as said company was Nike, it worked out pretty well in the end.
@sasyscarborough6 жыл бұрын
Davidson would work for Nike for several more years until the company needed the help of major advertising agencies. Knight recognized he'd gotten a "pretty good bargain" and her contributions did not go unnoticed. In 1983, Davidson says she was invited to a surprise reception by Nike where the company served her chocolate swooshes and gifted her Nike stock and a gold swoosh ring. She has reportedly never sold any of that original stock. Nearly 50 years later, the design is unchanged, having adorned countless celebrities and athletes. The company remains one of the world's most valuable brands - a brand Davidson's work helped build. It's a role to which Davidson gives little weight. "When I see my design in everyday life today," she explained in one interview, "it's a little surreal and strange. While I'm proud of what I did, in some way I see it as just another design. It was Phil and the employees at Nike that turned the business into what it was. If they didn't have the savvy, it would have been just another drawing."
@nicholask82176 жыл бұрын
@@kathrinschmidt-ks-wohndesi584 how is that a scandal? The student designer got paid what they were after. $35 Each person chooses their own wages in life.
@GabieRetana8 жыл бұрын
I found this channel about two days ago, safe to say it has freaking changed my life. Thank you so much.
@thefutur8 жыл бұрын
Thanks for sharing! Keep digging. Let's see how far we go together.
@Robertoell7777 жыл бұрын
holy shit me too
@Robertoell7777 жыл бұрын
and I ain''t even designer.
@vee3d7 жыл бұрын
8 Month later, how did it go? Did you just said i am 20k woth and you will pay this or i dont work for you? Are you homeless now? ;)
@Cearts7 жыл бұрын
Gabie Moret same. The info here has given me a whole new way of thinking and approaching this situation
@prestigious5s233 жыл бұрын
Although he's talking about Logo's, this really can be applied to anything. What a fantastic speaker!
@myhandlehasbeenmishandled6 жыл бұрын
Great lesson. My problem was always lack of confidence and how to properly communicate why I charge what I charge.
@MrLense5 жыл бұрын
I'm not even a designer and here I am learning about the economics of it
@VinayJacob4 жыл бұрын
same here
@joazinhocagao2 жыл бұрын
This guy is not only a designer. Is a business savvy
@candicegunstream-rr117 Жыл бұрын
That was the key component to everything in this video, “You guys sell what you can do, I sell what the world can do!” Wow impressive I think that just change my game, confidence and ready set go. I can guarantee that. ❤thanks crazy how hearing something a certain way can change everything ❤❤❤
@thefutur Жыл бұрын
Boom!
@warronfrench81634 жыл бұрын
This is powerful and inspirational! It makes me want to start my own business, get my logo, create dress shirts to back my brand, along with business cards, web pages, KZbin videos, powerpoint slide overlays, etc.. etc... Great stuff!
@sthembisomthembu3953 жыл бұрын
Lets do it
@stinkleaf6 жыл бұрын
Spot on. I woudl add to the last deal for something from the client that costs them nothing but can be what gives you the freedom to do what's right. That is asking them for your trust in creative direction and for them avoiding trying to change things to make it worse. Mantra "Always strive for better." Many bad logo and branding efforts are due to the client's overreach. Good Example. Uber.
@prettypictureful5 жыл бұрын
I’m a photographer and this information is so valuable! Thank you for putting this type of content out there.
@thefutur5 жыл бұрын
You’re very welcome
@benjaminbegin4 жыл бұрын
photographer too, learn so much
@TheWilliamLobion4 жыл бұрын
Yep me too.. I think we all should know a little about everything specially business. Thats what make difference between the teacher and the student.
@hught3233 жыл бұрын
Photographer as well, this was great!
@olavoalmada46695 күн бұрын
Man i gotta say it. IM STRUGGLIN at university feelin that it will take me nowhere, it feels empty, i feel like im there doing nothing, i dont know what am good at, i just do what they tell me to. I wish classes would be like this, the energy, the power of words and people motivating each others, we need more of this in our lives, we are creative beings surrounded by things that put us down constantly, we dont need more cages to our brains. Really nice, im sad that im seeing this just now. Hope to become smth like this and inspiring people and helping them with my art or wtv i do in near future. Stay Blessed Y'all
@baronvision59384 жыл бұрын
Just discovered this guy. Incredible valuable content. Started implementing lots of his advice in my daily client meetings. One of those people who provide value instead of blowing lots of whistles and bells to sell their courses. Grateful for this content.
@thefutur4 жыл бұрын
Welcome to the Futur
@jamesrodriguez28082 жыл бұрын
Do you need a logo
@CarlosMota4 жыл бұрын
Nice job Chris! The key of this video is the minute 20:27: "It doesn't matter because the first day I started, I wanted to charge these rates anyways."
@_sourgrapes_8 жыл бұрын
Giving me confidence in my workplace and in my life, these talks are getting so deep.
@thefutur8 жыл бұрын
Yes. Check out the Final Chapter as I attempt to wrap up what could be a much deeper conversation.
@mcvgs17804 жыл бұрын
Totally applying this to my life! I price my work way too low and clients still haggle. Thank you
@foxiiroxii49256 жыл бұрын
i was browsing for interior design but somehow i ended up here and watched the full video. There is so much great information that can actually be related to many fields. Thank you!
@thefutur6 жыл бұрын
Thank you.
@iemakka3 жыл бұрын
"You sell what you can do, I sell what the world can do." Powerful stuff man.
@mohammada9418 Жыл бұрын
What that mean?
@illsaneful3 жыл бұрын
Man... this aged so well. I never came across this until now. You'lve pretty much been teaching similar concepts across all your content, but it never gets old and is always relevant. Thanks!
@knight32d3 жыл бұрын
God, you are a life saver! Has been waiting eons for someone to teach me the most sensible approach to charging clients. Respect! Thank you.
@thefutur3 жыл бұрын
Glad to help
@muhammadshahzaib83634 жыл бұрын
"how many hours did you put into that logo" My answer: "to make this logo? 3 hours. To be ABLE to make this logo, 6 years."
@RomeoWarden4 жыл бұрын
Big OOF
@thaiming13063 жыл бұрын
@K Q 2,50
@emanuel_soundtrack3 жыл бұрын
perfect
@AriefHidayatDev3 жыл бұрын
It wont be 6 years if they didnt do anything. Logo means nothing, nothing . Just an image, easly draw
@retrobrate3 жыл бұрын
@@AriefHidayatDev if they could come up with it and draw it, they wouldn't be looking for designers
@AymanAhmed5 жыл бұрын
That guy just blow my mind with his confidence
@mobubabe5 жыл бұрын
Yeah he's almost cocky! Not often you encounter such confidence!
@innerinquiry5 жыл бұрын
Confidence comes from experience, he has dealt with these kinda clients that's why ...
@realhashbrown2 жыл бұрын
Even as a regular private corporation employee, this conversation brings so much value. I have an immense amount of experience in my industry, moved to a new state across the country, applied for my industry in the new state asking for my old rate. Private corporations look at me like I'm crazy. I value my skills, expertise, and quality of work more than they value it.
@klerishB7 жыл бұрын
Now that's what we call a lecture..! Subbed immediately after watching this..hope to get to see more video like this!
@thefutur7 жыл бұрын
Thanks! Welcome to the channel.
@brittanymaatthompson81627 жыл бұрын
Same here. 1st Video too. He hit the nail on the head. #100
@RxOxPx6 жыл бұрын
Subbed while watching. I can tell I'm about to love this channel.
@DarkmasK19916 жыл бұрын
Yup... exactly what i did... man you are good and you earned my sub and respect... Looking forward to more from you.
@josephKEOarthur5 жыл бұрын
yeah hell ya i subbed. @@thefutur
@mguerra796 жыл бұрын
Whenever I see videos like this from The Futur and Chris I only want to charge 1 million dollars (euro in my case) for my work... The problem is that I don't deal with companies that can «grow» those «5%» percentages that make them millions in profits... So, like always, great video! Thank you!
@richape92882 жыл бұрын
well figure out how to work with those big ass companies that have the budgets and won't be cheap asses when it comes to quality work
@mguerra792 жыл бұрын
@@richape9288 I think I might need to rewatch the video to understand my answer, but mostly, to understand yours. Or not. Can you please explain a bit more what you want to say to me? Ty!
@RayoBeatz4 жыл бұрын
what i like about this video is somewhere around 10 mins into it theres valuing your services and that can be applied to any bussiness and idk about ya'll but i'm downloading this video before he puts it in a course and sells it rather have this info for free for life.
@CompletelyVoid4 жыл бұрын
When I started my first brand I was so impatient when I ask for a design. Like every day I ask "you done it?". But I learn the major lesson with time is magic in the effort of the design, and I ask for highly detailed design. But now I'm with my second brand and if I ask for design, I happily give the time of the world and upfront payment first, I know not everyone work with this but I dont want to waste artists time. So if I ask you to do me a design. First I ask how much, i will give you much detail on idea. Even draw it myself for a idea. Then I pay first and then happily wait till the moment we have the finish product! #respectyourdesigners
@RemylaBrewery4 жыл бұрын
I always love it when Chris roleplays, His answers are so wise.
@AubryRugBurn2 жыл бұрын
For anyone starting a business or working with agencies on creative projects, always make sure you have some sort of contractual protection for getting work back that does not meet your standards. Providing value goes both ways. If you're a designer working with a company that is willing to provide tangible value to you by paying the fluid price of "how confident I am with myself that day" or "how much can I get out of THIS company" (lol) then understand the immense responsibility you have now to deliver something the client will love.
@pero92545 жыл бұрын
Wow. Straight to the point! I feel obligated to pay for watching this video because I learned so much! This guy is very sharp. I’m impressed!
@thefutur5 жыл бұрын
you can pay us when you make 2x more money.
@luisa.espinoza483 жыл бұрын
Came here because youtube put the video in the queue after watching a couple of videos about design, left in pc while i was doing some stuff (kind of like listening a podcast) and it blew my mind from the other corner of the house. "Clients don't choose the best option" im living that situation right now, and now i understand everything. Immediately subscribed.
@ianhugel6 жыл бұрын
Not a designer but I watched the whole thing
@erickveins93706 жыл бұрын
same
@wildfireflower6 жыл бұрын
Yeah... It applies to to everyone and everything. We all have talents, skills, gifts that people want! We don't have to work one on one any more. We can teach or coach an entire group of people for an 8 week program at about $2500 each.. Same with someone who needs a website built for their own personal life purpose coaching program and blogging biz and the designer understands the need for this assignment to reflect on what we see with soulful and heart centered style businesses that are unique and have a creative presence to them. So, because of this, the design will need to be very customized and specific to the Spiritual Entrepreneur
@AestheticNightmare0015 жыл бұрын
Same
@alfian_ridwan7 жыл бұрын
Thank you for this video. As an entry-level designer this video was very helpful in clearing up how I can negotiate with a client for a work I'm doing, and how to explain to them how it all works. Thank you.
@thefutur7 жыл бұрын
Alfian Ridwan 💪🏼⚡⚡
@bryce_lee6 жыл бұрын
A shrewd business man has a beautiful power yacht that he has had great use out of, entertaining his clients and taking his family on holiday. One day the engine won't start and he hires the local mechanic in the marina to come and have a look. He works on it for a week but eventually concludes the engine needs to be replaced and the business man is left with a bill for his time, $400. The business man then goes and hires a professionall engineering team to come out and try to figure out what is wrong. After a week however they conclude the entire engine should be replaced and the businessman sits with a bill for $2000 dollars. The business man then bumps into an old man who works at the marina and they begin to chat. The business man tells him about the problem with his boat and the old man says he thinks he knows what is wrong and he can fix it right away. The business man being intrigued by the old man and not left with many other options lets the old man take a look at the boat. The old man dives into the engine room with a hammer in hand walks around inspecting the various parts of the engine eventually stops at a pipe and says "Ah!". He gives the pipe a good whack with his hammer. and goes and starts up the engine. And it sings like she's new! The Business man is amazed and overjoyed. The old man then writes the business man an invoice and the businessman is furious! It was for $20 000! He goes to the old man and demands to know what the $20000 is for as he was only there for 5 min! He had professionals out for a week and they weren't even that much. The old man says I only charged you $10 for my time. The other $19 990 was for knowing where to hit my hammer.
@sinsin98876 жыл бұрын
Great story telling skills!
@southerncharity79285 жыл бұрын
Punchline wasn't spectacular considering the length of text
@jwwwun5 жыл бұрын
@@southerncharity7928 story actually helps remember it for me, though
@jwwwun5 жыл бұрын
Therefore, this means to improve yourself to the point where your experience/skill (high quality) is literally (in cash, not how you feel) worth insanely more than the (quantity) of work that achieves the poopy result. This power within someone transcends the value of time. This truly is a one of the many parallels to 13:14 where it is favored in the proportions of low quantity (of time) to produce high quality (of work), WHICH IS LOGICALLY BETTER THAN the inverse: high quantity to produce low quality (like when the first two parties hired wasted 2 weeks of the businessman's time JUST to get virtually the only reward of "should be replaced." [I also have to mention, good example of how the title of "professional" doesn't equate to great results even though it goes against 20:00, but if you substituted the old man for god it would make more sense]); not only that, you are wasting the time of the person and still getting paid, which means not everyone wins/is happy and will leave you a bad review or something.
@krufdx39675 жыл бұрын
The real reason the old man charged that much is he knew the yacht owner could afford to pay it because he was rich. That's it. If he were to help a local fellow fisherman would he charge him the same sum? No. Cause the guy wouldn't even be able to pay him.
@age_of_reason2 жыл бұрын
"I sell what the world can do." That closing statement was everything.
@ianthorpe19255 жыл бұрын
I have ripped myself off by being a "nice guy" too many times. This video is great for pros.
@Mf7d897 жыл бұрын
Im a freelance writer and all of this is applicable to my business as well. Thank you!!
@thefutur7 жыл бұрын
glad to hear.
@NoogaJack4 жыл бұрын
This is powerful information. I'm an illustrator and former professional tattoo artist. What i see not being taught in school is the value of intellectual properties , trademarks and copyrights.
@rosieking3832 жыл бұрын
My method of pricing is (value to client + components of the package). So watching this has made me feel that I am on the right track.