Posts Tagged ‘money’

If it’s easy, should it be free?

I often speak with strangers and friends who are interested in becoming coaches and want to hear about my experience with coach training, setting up a business, client services, etc. Invariably, a statement like this is made:

But I feel like I’ve been coaching for most of my life. It comes naturally to me. How can I charge for something that’s so easy?

To which I invariably reply:

Right. Because you should only get paid if you have to struggle to produce your work. If it’s difficult for you.

2 ways to do everything
Photo courtesy D’Arcy Norman

 

My clients sometimes come to me with similar attitudes. I work with a lot of creative and entrepreneurial types and, often, the way they make – or want to make – money (as in the actual product or service, not necessarily the business of selling said product or service) comes naturally. It’s easy. And for that, they feel badly. So they might undercharge. Or look for employment in a more difficult arena. Or never even set up shop in the first place.

Now, I’m not advocating for the follow-your-passion-and-become-a-millionaire ideology. On that front, I hold similar views as espoused in this post by Brett Kelly. I am saying, however, that what’s easy for you isn’t easy for everyone. And that, in any event, value isn’t always based on difficulty.

What’s your story around this? Do you have trouble thinking about making money or generally being employed doing something that comes naturally to you?

When Time Isn't Money

A sample dialogue between me and me follows.

Me: I really don’t think you should pay someone to fix the faucet in the sink.

Me: Oh yeah, why not?

Me: Because this is something you could learn. You really like problem solving and it will serve you well down the road. Plus, it will save you money to learn it yourself.

Me: But time is money. And by saving time,  I will, in effect,  save money. Or at least be able to make more of it.

So there’s lot’s to unpack there, right? We could look at some residual issues I have with money. We could examine a slight subtext of control. We could also dig into the need to justify what it is I want. Since I’m not terribly interested in the former two at this moment and I’ve already explored the latter here, let’s look at something else entirely.

Time is money.

The argument  is understandable. With time you can make money. If something – or someone – takes up your time, it – or this someone – also deprives you of your ability to make more money. As a business owner, I get this. If I am fixing the faucet, I am not coaching, writing, submitting proposals, attending workshops or leading my own. I am doing something other than those activities that allegedly bring home the bacon. And bacon (especially tempeh bacon) is mighty delicious.

It just so happens that “time is money” doesn’t really reflect my deepest values, at least not in the way we typically understand the concept of money.

A former college professor and friend on facebook shared a blog posting entitled, A Calendar is a Moral Document. Its author asserts that your calendar reveals what’s most important to you. How you spend your time (like how you spend your money) is both a reflection of and a way for you to express your deepest values and beliefs.

Fixing the faucet is good. So is working on my business.

But time isn’t just money. Time is also laughter. And my husband’s complex hazel eyes. And playing fetch with the cats. And feeding the hungry. And helping a friend move. And watching the trees bend in the wind.

As my wise mother said this weekend, “We’re really only on this planet for a short time.”

How are you spending it?


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“I highly recommend Jennifer Gleeson Blue as a personal coach and workshop presenter. She is a valuable asset to the coaching profession.”Katie Hardesty, Cherry Hill, NJ