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S1E10: Determining Your Pricing

podcast October 17, 2020

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Happy Tuesday everybody! I have more good news to share! I’ve been accepted into the graduate program at Clark Atlanta University and will be pursuing my Master’s degree in Business Administration this fall! Some wonderful, wonderful things are in the works for me moving forward. With that being said, I have hit the ground running in search of scholarships and grants for advanced degrees and I came across a scholarship for entrepreneur’s where I had to answer a question in either video form or essay. There was a two-part question which were, “What are some challenges that entrepreneur’s face? How are you overcoming these challenges?” Of course, I answered in video form, it’s on my Youtube channel,” Nails By Rah,” and my answer was almost second nature because earlier last week I had to make a PSA about pricing for nail services. This came after I saw a long status on Facebook about the refusal to support certain nail salons that charge more than $25 for a full set of acrylic nails. Prior to that, I had heard a lot of complaints about nail salon prices and the way nail tech’s charge for their services in recent times. Immediately I thought about how discouraging it could be for a budding nail technician to see these kinds of complaints and begin to sell themselves short in pricing. I felt the need to defend the rising cost of services and this episode, is dedicated to determining your price…

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