My name is Jonathan Stark and I’m on a mission to rid the earth of hourly billing. I hope that Ditching Hourly will help achieve this, one listener at a time 🙂

Similar Podcasts

The Rabbit Hole: The Definitive Developer's Podcast

The Rabbit Hole: The Definitive Developer's Podcast
Welcome to The Rabbit Hole, the definitive developers podcast. If you are a software developer or technology leader looking to stay on top of the latest news in the software development world, or just want to learn actionable tactics to improve your day-to-day job performance, this podcast is for you.

El Podcast DEV

El Podcast DEV
Oscar Swanros habla con personas de la industria para conocer qué es lo que sucede detrás del teclado. Nuevos episodios todas las semanas.

The Business of Authority

The Business of Authority
How to make a living while you’re making a difference. A weekly show for independent professionals who want to go from six-figures to seven while increasing their impact on the world.

Coaching Call with Voice Coach Adrian Goldner

August 09, 2022 0:07:22 17.76 MB Downloads: 0

Vocal coach and acapella group leader Adrian Goldner joined me on Ditching Hourly to brainstorm ways to package and price his expertise in more profitable ways. Unfortunately, I forgot to click the record button so I'll have to recap our conversation on my own. Whomp whomp :-(Anyway...Here's Adrian's background:- He's a vocal coach, certified in something called the CVT method- He runs an acapella choir group and makes a modest monthly income from membership dues and gig fee percentages- He has a handful or private vocal students who are not pros and mostly just sing for fun- He works a few hours per week teaching vocal lessons to students in a private university- He prefers working with pros than with beginners, so the university gig and the lessons for hobbyists are not particularly satisfyingOne of Adrian's biggest questions was how to take this patchwork of experiences and increase his fees through value pricing. He said that most buyer expectations for something like private vocal lessons is that the student would pay a fixed amount per lesson, and that the amount would be fairly low. He couldn't imagine justifying even doubling his lesson fees, never mind 10x-ing them.We talked about a few different business models that might make sense for someone like him. He didn't want to scale by hiring employees or starting a school or anything like that. He wanted to stay solo, and remain fairly hands on with his clients.So, the business model that felt like the best fit was the Authority Model. In general, the Authority Model has an MVP product ladder that looks something like this: - $50000+ Project (value priced custom engagement)- $5000 Roadmap (diagnostic with recommendations and execution plan)- $500 Call (one-off short paid consultation)The trick to the Authority Model is that you have to become the “go-to” person for solving an expensive problem for a very specific niche market, who ideally has a high degree of buying power. Adrian couldn't really get his head around the idea of value pricing a 1-on-1 vocal project, so the example I used to illustrate was this:Sting (former lead signer of the Police) can no longer hit the high notes in their smash hit Roxanne. So, he has to perform the song a couple of whole steps lower than the original. It's noticeable and it sounds weird. Kinda like a bad cover band. I betcha this drives Sting nuts.So...How much do you think Sting would pay to be able to go back to singing Roxanne in the original key?$50,000? $100,000?Maybe, maybe not... but it's a reasonable hypothesis.If Adrian wanted to pursue this particular angle, his positioning would look something like:“I am a vocal reconditioning coach who helps aging rock stars hit the high notes like they were 20 again.”With a positioning statement like this, it would be easy to make a list of ideal clients, and it would be easy to justify five-figure fees.The hard part would be creating a reputation for reliably delivering the kind of results that they crave. _ASIDE: Note that creating a reputation for delivering results is a _very different type of problem_ than trying to convince a singer in a local bar band to pay you $50,000 to increase their range by a fourth. A small increase in range simply isn't worth that much to a singer in a local bar band. So if you can't understand how value pricing could unlock huge profits for you, it might be because you're not imagining big enough clients._At this point it occurred to me that there probably are people who are already well positioned as "vocal coach to the stars" so I started thinking about what would make Adrian different. The thing that jumped out at me immediately was his experience with vocal groups, not just individual singers.This more focused target market immediately created a Rolodex moment for me with groups like Pentatonyx and BTS and Blackpink.Maybe Adrian could even combine the "hit the high notes like you're 20 again" with "voice training for vocal groups" and start out with a laser focus like:“I am a vocal reconditioning coach who helps old school boy/girl bands hit the high notes like they were 20 again. Unlike other vocal coaches, I specialize in the unique challenges of integrating multiple voices in harmony.”Adrian lit up a bit at this proposition because he immediately felt uniquely qualified to excel at this very specific intersection of niche market and specialized expertise.Is it a viable market position?I don't know, but there are ways to find out.As homework, I suggested that he research the number of groups who would fall into this niche, find out where they hang out to talk shop or who they listen to for advice, and to look for any other vocal coaches who serve the high end of the market to study what they're doing and how he (Adrian) would be considered meaningfully different by his ideal buyers.He said he would try that and report back.Keep your fingers crossed and stay tuned! I'll let you know if I get an update.

Fancy Dams

August 02, 2022 0:00:38 1.57 MB Downloads: 0

Michael Lynch - I Regret My $46k Website Redesign

July 26, 2022 0:56:33 135.78 MB Downloads: 0

Michael’s Links I Regret My $46k Website Redesign Tiny Pilot Michael’s Twitter

Japanese Maple

July 19, 2022 0:01:58 4.79 MB Downloads: 0

Mind The Gap

July 12, 2022 0:01:05 2.68 MB Downloads: 0

Keyboard Smashing Fury

July 05, 2022 0:01:17 3.15 MB Downloads: 0

Joel Clermont - From Hourly Billing Agency Owner to Value Pricing Soloist

June 28, 2022 0:50:10 120.49 MB Downloads: 0

Joel Clermont joined me on Ditching Hourly to detail his multi-year transition from "hourly billing" agency owner to "value pricing" soloist. Joel's LinksMasteringLaravel.io

Are You Over Delivering? (TBOA#227)

June 21, 2022 0:41:50 100.49 MB Downloads: 0

EPISODE SUMMARYOverdelivering—giving your clients and buyers more than they expected or contracted for—is a seemingly thoughtful and helpful practice that is anything but.EPISODE NOTESOur tendency (especially in proposal situations) to acquiesce to client requests—and how to re-direct that for the good of all.The power and status dynamics surrounding consultants serving clients and what happens if we start treating clients as higher status.How overdelivering can seep into your firm’s practices and where to nip it in the bud.Developing a healthy mindset around service delivery, providing value and decoupling your fees from effort.Quotables“Your clients are a choice, just like your boss is a choice, but people often forget that walking away is one of the options.”—JS“You could say: ‘Listen, if we take out this step, I can't guarantee the transformation, and therefore I can't do that for you.’”—RM“The way to provide value to your clients is not to be obedient—it's to deliver results.”—JS“The proposal is the dress rehearsal for the engagement.”—RM“If you let prospective clients push you around in the sales process, it should come as no surprise when they push you around during the project.”—JS“The more that you consider yourself low status relative to clients, the worse you're going to feel about it.”—RM “There's so much ‘the customer's always right’ psychology. "Wouldn't it be better to give them more than less?" No, it really wouldn't.”—JS“This is about leveraging what you have—not playing status games that have you overdelivering and creating relationships that don't work for you.”—RMLinksTara McMullin's Instagram piece on over-delivering  

Sunsetting Products And Services

June 14, 2022 0:04:08 9.98 MB Downloads: 0

This episode is an anonymized question that I answered in one of my Ditcherville LIVE Q&A sessions inside of my group coaching community. 

How Project Oversight Retainers Work

June 07, 2022 0:09:49 23.62 MB Downloads: 0

This episode is an anonymized question that I answered in one of my Ditcherville LIVE Q&A sessions inside of my group coaching community. 

How To Capture And Organize Ideas For A Daily Mailing List

May 31, 2022 0:07:50 18.88 MB Downloads: 0

This episode is an anonymized question that I answered in one of my Ditcherville LIVE Q&A sessions inside of my group coaching community. 

Kevin Freidberg - Adapting The Why Conversation

May 24, 2022 0:42:27 101.95 MB Downloads: 0

Founder of 7-Second Websites, Kevin Freidberg joined me on Ditching Hourly to describe how he has adapted The Why Conversation to better suit his personality and land nearly 100% of his prospects.  Kevin's Website Kevin's LinkedIn

Coaching Call with Web3 Consultant Luke Willis

May 17, 2022 1:01:48 148.39 MB Downloads: 0

Web3 Consultant Luke Willis joined me on Ditching Hourly to brainstorm ways to position and package his crypto/blockchain/web3 expertise. Luke's Links https://lukewillis.com/ https://thekoinpress.com/ https://twitter.com/lukemwillis

Coaching Call with UX Writer Merav Levkowitz

May 10, 2022 0:49:26 118.72 MB Downloads: 0

UX content writer, Merav Levkowitz joined me on Ditching Hourly to brainstorm ways she could get away from billing hourly for ongoing maintenance and execution work. LinksMerav's Website

Alex Hillman - Paid Project Discovery

May 03, 2022 0:58:03 139.4 MB Downloads: 0

Author, founder, and rebel scum, Alex Hillman returned to Ditching Hourly, this time to talk about paid project discovery engagements. Alex's Links Alex's Twitter Alex's email: alex@tiny.mba The Tiny MBA by Alex Hillman