Value Creation/Pricing, Positioning & Owning Your Worth/The Real Reason You\'re Undercharging
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Lesson 1: The Real Reason You\'re Undercharging

The Real Reason You\'re Undercharging · 8 min

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Lesson 1: The Real Reason You\'re Undercharging

I want to be direct with you about something. When coaches and consultants come to me saying "my market won't pay more" or "my clients are price sensitive" or "I can't raise my rates in this economy" — what they're really telling me is that THEY don't believe they're worth more. The market is just the mirror they're using to avoid looking at their own reflection.

Here's the truth: there are people in your exact industry, serving clients with the same challenges, charging two, three, five times what you charge. What's the difference? It's not their credentials. It's not their years of experience. It's their BELIEF in their own value — and their ability to communicate that value with conviction.

When I was rebuilding my speaking career, I had to make a choice about how I was going to position myself. Was I going to be the "affordable speaker" — the one you call when you can't afford the good one? Or was I going to step into my full worth, price accordingly, and serve the clients who were serious about transformation?

I chose the second path. And yes, it meant some people said no. But it also meant the people who said yes were ALL IN — committed, engaged, and getting massive results.

"The moment I stopped apologizing for my price and started owning it — not defensively, but with genuine confidence — everything changed. Because confidence is contagious, and clients can feel whether you believe in yourself or not." — Marques Ogden

Warren Buffett has a brilliant concept about price vs. value. He says "Price is what you pay; value is what you get." Your job is not to compete on price. Your job is to make the value so undeniably clear that price becomes secondary.

Key Takeaway: Undercharging is almost always a belief problem before it's a market problem. The path to higher prices starts with a deeper belief in your own value.

Reflection questions

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Learning Journal

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1

Be honest: do you believe, deep down, that you could charge 30% more than you currently do? If not, what story is standing in the way?

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2

Think of someone in your field who charges significantly more than you. What do they do or say differently that justifies their price in the market's eyes?

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3

What is the most powerful result or transformation you've delivered for a client? What was that outcome worth to them in dollars, time, or well-being?

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