avatarJames Frank Sanders

Summary

The article emphasizes the importance of recognizing and charging for one's value, using personal anecdotes to illustrate how perceived value can affect demand and appreciation for one's work.

Abstract

The narrative begins with the author's niece, a skilled pianist, who initially failed to attract an audience to her free concert. After a friend's advice to charge for her talent, she successfully filled her next performance by pricing tickets at 20, considering raising the price to 25 due to the positive response. This experience serves as a broader lesson for readers: regardless of the profession, one should provide total value and not undervalue their work. The article suggests that the market can often tolerate higher prices than one might assume. This concept is further illustrated by the story of a new resident who wrote a book about her life experiences. The author, after purchasing her book for 10 and finding it well-written, encouraged her to increase the price to 20, aligning it with the price of similar works by other retirees and the author's own book. The article concludes by inviting readers to join a community of writers, suggesting that the content they produce is valuable and worthy of compensation, akin to the pricing of books reviewed in the New York Times.

Opinions

  • The author believes that people often underestimate the value of their work and should charge more for their services or products.
  • Charging for one's work can significantly increase its perceived value to others.
  • There is a suggestion that the market can stand higher prices for goods or services, especially if they are of high quality.
  • The author implies that self-worth and the value one assigns to their work can lead to greater financial reward and recognition.
  • By comparing the book prices of the new resident and the author's own work to those featured in the New York Times book review, the author opines that self-published or local works hold comparable value to mainstream publications.
  • The author encourages readers to support writers by joining a subscription service, reinforcing the idea that quality content deserves fair compensation.

Know Your Value

You’re worth much more

This truism came from my niece, an accomplished pianist. She advertised, sent out flyers for her free concert. No one came.

A friend suggested she charge for her show. So she reworked the advertisement and featured the ticket charge of $20, all the beautiful music, and the privilege of hearing a trained pianist play.

The house was packed.

My niece learned her value.

She is thinking about raising her concert price to $ 25.00

Whatever your work, give it total value and charge for it as much as the market can stand, then add a little more. You’ll be surprised.

A new resident said she had written a book.

I paid her $10 for a copy and read it.

It detailed her abusive childhood, a lifetime of teaching school, five trips to Alaska, and losing a leg because of an infection.

It was well written, with no errors. I suggested she raise her price to $20. She hesitated. I explained, two other retirees in our senior home had written their biographies, and the price for each copy was $20.

My non-fiction book about senior living is $20.

If you look at the New York Times book review, You will see featured books are in the $45 range.

Surly, your tome is worth half that.

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Values
Writing
Your Worth
Money
Life Lessons
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