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" ... 4. Raise Prices. Stat. “It’s jarring to me the damage you do to your own psychological well-being when you undervalue yourself,” Molina Niño told me. “When you price yourself and your product and service in a way that values your time and contribution, there is this huge upside — more than to your bottom line, but a gain in your quality of life.” ... "
" ... A new policy should also include a deep dive into research. The problem is that at the moment we don’t have enough data on the myriad kinds of contract work in the U.S. to design new rules to best fit the needs of each subset. Throwing a blanket over an entire workforce with new benefits like mandated vacation time and childcare will undervalue some and overcompensate others. ... "
" ... Customer service is dangerous to undervalue, because bad experiences undermine brands, sometimes in irrecoverable ways. So before you cut costs by cutting through the customer service budget, think about these three ways that the quality of customer service affects the value of your brand. ... "
" ... Determine your pricing and business strategy. Once you set a price, it will be difficult to make changes for repeat clients, so make sure you know your worth. Don't undervalue yourself. If you're unsure how to set your pricing, do your research. Ask people in your network, connect with other freelancers or even ask friends what their companies have paid freelancers. This data-driven approach will give you a reliable starting point. ... "
" ... Dockery says she’s always felt that people undervalue the importance of mentoring younger talent. ... "