Episode #1109
Should You Charge on an Hourly, Monthly or Yearly Basis?
August 14, 2019

In episode #1109, we discuss how you should structure your pricing plan. Tune in to hear how you should charge your customers.

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s Topic: Your Pricing Plan
  • [00:30] Should you charge hourly, monthly, or annually?
  • [00:35] When you trade hours for dollars, you cannot scale.
  • [02:04] You just need steady income, so make sure there is a contract for at least a year, no matter how you bill.
  • [03:05] Monthly is fine, but yearly is ideal.
  • [03:15] If you can’t get customers to commit to a year, get them to commit to less time, but not month by month.
  • [03:40] Neil has made money by charging an hourly rate, so it’s not a complete fail.
  • [04:02] When you’re starting out, take whatever you can get.
  • [04:10] That’s it for today!
  • [04:16] To attend our Growth Accelerator Mastermind, go to the Marketing School site for more information and to apply.

Leave some feedback:

  • What should we talk about next? Please let us know in the comments below.
  • Did you enjoy this episode? If so, please leave a short review.

Connect with us:

Discover Latest Episodes

Episode
The New Startup Playbook, CEOs Are Choosing More AI. Less Jobs.
May 08, 2025

In episode #2968, Eric Siu and Neil Patel discuss the new startup playbook, questioning the need for traditional venture capital and emphasizing AI’s growing role. They highlight the shift toward se...

Episode
How To Get The Best Speakers For Your Events (For Free), Are TikTokers Really Broke?, What I Learned From Hosting A Private Summit With 185 Business Operators, They Raised $25M And Spent $12M On A Domain, Agency Is Eating The World
May 07, 2025

In episode #2967, Eric Siu and Neil Patel discuss building relationships to attract top event speakers, share marketing insights from a private summit, and examine TikTok advertising. They highlight t...

Episode
60% Of Traditional Searches Don’t End With A Click Now, The One Common Thing With The Best Marketers In The World, How To Generate The Most Revenue From Conferences, How To Manifest 7-Figure Deals From Thin Air
May 06, 2025

In episode #2966, Eric Siu and Neil Patel discuss the shift to zero click results and the growing importance of strong branding in digital marketing. They cover strategies for mastering marketing chan...