Episode Synopsis "Ep 6: How much is your product (and your time) worth?"

You choose your hourly rate as a business owner, so how do you calculate the value of your time? Finance journalist and business owner David ‘Kochie’ Koch gets realistic about what you can expect to earn a year and how to price your product based on that. He also breaks down the value of offering customers discounts and how to keep your production costs low.See omnystudio.com/listener for privacy information.

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More episodes of the podcast Kochie's Guide to Starting Your Own Business

• Is it time to call it quits on your business?
• Ep 10: The business benefits of having a mentor
• Ep 9: What taxes should your business be paying?
• Ep 8: Building digital marketing into your business
• Ep 7: Marketing your business the right way to the right people
• Ep 6: How much is your product (and your time) worth?
• Ep 5: How to know when your product is ready to launch
• Ep 4: What business structure is right for your business?
• Ep 3: Putting together an effective business plan
• Ep 2: Why do most start-ups fail?
• Ep 1: Do you have what it takes to be an entrepreneur?
• Kochie's Guide to Starting Your Own Business - Trailer