This article is not for women business owners who sigh, “I may not make much money but at least I’m home with my kids.” This article is not for those women dabbling at a business as a hobby. This article is for women who’ve worked hard, been around the block a few times and are tired of working so hard for so little results.
I’m going to say something that might shock you: being “a good girl” can seriously rip you off.
How can this be? Aren’t we trained that the way to get what we want in life is to be “nice” and our patience will be rewarded?
Let’s be honest. It still works that way in our personal lives but as a small business owner it can and usually does rip you off big time.
I’m not suggesting you be rude, pushy or obnoxious in business with people. Nothing can be worse. I’m suggesting you stop apologizing and stop making allowances for the fact that you’re a woman in business.
As a marketing trainer for a very large seminar program I coached over 1,200 men and women in marketing during a five year span. I began tracking the startling differences between men and women when it comes to getting the word out and how they run those businesses. Most women dislike marketing and selling so much that they will do almost anything to avoid it. They will even lower their rates for their products and services way below the going rate to avoid it. Many women smile brightly and say, “I just wanted to be nice” but that decision to lower rates impoverishes her in the long run.
Women who own a service-oriented business charge less (much less) than most men with similar skills and experience. Over and over I’ve heard that lame explanation, “I just want to be nice.” But it rips you off. Why? Because in the world of business when you don’t charge the going rate for your services you are not thought of as “nice” instead you are thought of as “not as good.” Something must be wrong or of course you would charge the prevailing rate for your time. And, when you are thought of as “not as good” there’s a very good chance you will attract less than ideal clients and customers.
The truth is most of these women are so uncomfortable marketing and selling themselves they mistakenly believe if they charge a lot less they won’t have to get the word out because people will be attracted by lower prices. What’s even tougher to acknowledge is that often women are not even charging enough for their highly skilled services to cover basic business expenses and overhead.
But women who sell themselves short get caught in the squeeze than when they go to pay their bills at the end of the month. After all, you can’t say, “Gee, I’m really nice person and I charge about half of what I should to my clients and customers. Would you give me a discount?” Of course you’re caught in the middle – working harder than ever and still struggling.
Why do we do this as women? • We hate getting the word out and marketing and selling – the idea of being “pushy” or “too strong” holds us back from telling others how good we truly are at what we do. • We come from a long tradition of being seen as “nice” for giving away our time and efforts. After all we’re the ones more likely to volunteer in the community at the PTA, library, hospital or place of worship • We confuse business with philanthropy. Let’s get it straight: business is about making money in exchange for goods or services we provide to our paying customers. Philanthropy is about non-profit organizations whose purpose is giving money and services away to others in need.
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