EP387: How Much Should I Pay Myself As a Jewelry Designer?

<p dir="ltr">We just wrapped up the Jewelry Brand Makeover Bootcamp and it was AMAZING! We welcomed 172 (and counting) jewelry business owners into our <a href="http://ourishthriveacademy.com/ltf">Laying the Foundation Program</a>.</p> <p dir="ltr">During the bootcamp, I got this question several times: How much should I pay myself as a jewelry designer?</p> <p dir="ltr">The mindset and psychology behind your pricing is really powerful and an important factor to paying yourself.</p> <p dir="ltr">That’s why today, I’m sharing a snippet from our Ask Me Anything Q&A. The answer to this one question is not an easy one because most jewelry business owners approach paying themselves in the completely WRONG way. </p> <p dir="ltr">What you pay yourself is directly related to your pricing but more than likely, not in the way you think.</p> <h2 dir="ltr">During the episode, I break down…</h2> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Why most makers think about paying themselves in the wrong way (and it’s keeping them broke)</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">How to price and incorporate the right labor fees into your jewelry</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">The ONE metric you need to know in your jewelry business to pay yourself WELL</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">The “hourly” conundrum and mindset around your role in your company</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">And a lot more…</p> </li> </ul> <p dir="ltr">Here are the resources mentioned in the show:</p> <p dir="ltr"><a href="http://ourishthriveacademy.com/ltf">Join Laying the Foundation</a></p> <p dir="ltr"><a href= "http://flourishthriveacademy.com/discoverycall">Book a Discovery Call</a></p> <p dir="ltr"><a href="https://desiredbrandeffect.com/">Buy My Book: The Desired Brand Effect</a></p> <p dir="ltr">Are you enjoying the podcast? We’d be so grateful if you gave us a rating and revi