This is a YouTube video titled "How to Shed the Employment Paradigm with Austin Church #shorts #entrepreneur" containing a conversation between Terry Rice and Austin Church recorded in March 2024. They discuss mindset shifts related to pricing and valuing one's work beyond traditional time-for-money paradigms, focusing on Terry's experience with speaking engagement rates.
Someone reached out to me in regards to a speaking engagement, and when I gave them my rate, they wanted to work with me. But the woman who was organizing it said, look, we love you, we think you're great, but when we saw your rate, it scared the other stakeholders because everyone else charged so much. That's why we can't partner with you. What do you think was up with my money mindset that I was charging so little for my work?
You know, we have to be kind to old Terry, and old Terry is very similar to old Austin, too, because we come out of a paradigm right, where we trade time for money and we think, okay, well, generally, if my time was worth X number of dollars per hour in my old position, then, you know, I need to be a little bit more aggressive. You know, if I'm independent, then I'm. The math's going to look this way. And so we. We don't realize that we have to shed that paradigm until we have one of those experiences like you ment.