Understanding Value-Based Pricing

• A pricing model focusing on the value received by the customer
• Prices set according to the benefits clients receive, not just the cost of producing the service
• Applicable to consulting businesses as a way to charge based on value provided

Deciding Between Value-Based and Other Pricing Models

• Assess the unique value you provide to clients
• Determine if value-based pricing is a more profitable and sustainable pricing strategy for your business

Personal Goals

• Work on gratitude
• Focus on career development
• Be a good partner

To-Do Lists

• Research more on value-based pricing
• Identify key values that I provide in my consulting services
• Create a personalized value-based pricing model

Daily Gratitudes

• Gaining new knowledge on value-based pricing
• Having the opportunity to improve my business strategy
• Networking with valuable professionals in consulting

Summary of My Day

• Explored value-based pricing and its benefits
• Contemplated how it could apply to my consulting business
• Reflected on personal goals and areas of growth

Back from Japan and Starting Consulting

• Recently returned from a trip to Japan
• Got sick for a bit but recovered
• Successfully started a new consulting business

Reevaluating Pricing Strategy

• Currently considering raising rates to $270-320 per hour
• Exploring the option of a retainer fee for more stability and guaranteed work

Personal Growth and Career Goals

• Continue focusing on personal growth and career goals in upcoming life coaching sessions
• Prioritize being a good partner and expressing gratitude

New York and Asia Trip

• Last 2 months in New York before the trip
• Planning a trip to China and Japan with Linda
• Coming back from Canada on May 10

Training, Work, and Relaxation

• Training Jiu-Jitsu consistently
• Balancing job interviews and workouts
• Booking a spa day with Linda after returning from Canada
• Plan on working with consulting for additional income

Moving In with Linda

• Will move in together after the trip to Japan
• Converting the apartment into a shared space
• Communication about the transition and shared space is ongoing

Personal Goals

• Remain focused on my career
• Continue training and workouts
• Strengthen relationship with Linda through open communication
• Practice gratitude daily
• To-dos: Finish preparing for the trip, discuss storage options for Linda's items, and finalize consulting work schedule

Gratitude and Daily Summary

• Grateful for the upcoming trips — bringing wonderful experiences and opportunities to bond with Linda
• Feeling positive about workouts and Jiu-Jitsu training
• Maintaining open communication and focusing on a balanced, shared living space with Linda