Startup Tips

Startup Tip #8: Charge more

Startup Tip #8: Charge more https://baremetrics.com

How much did you spend on coffee this morning?
What did that Chipotle burrito cost you?
How much did that season of The Walking Dead set you back?
Entrepreneurs spend hundreds of dollars a month on completely inconsequential things yet are afraid to charge even $20 for their product that creates thousands of dollars in value for other businesses.
If you’re solving real, actual business problems, there’s no reason you can’t charge hundreds or thousands of dollars a month for it.
And what’ll surprise you even more is that those customers who are paying you a lot more are almost universally more pleasant human beings.
Some of your worst and most demanding customers will be the ones paying you $5/mo.
Instead of dealing with them, just charge more.
You’ll almost certainly prefer having 1,000 $100/mo customers than 10,000 $10/mo customers.
Charge more!