The Successful Bookkeeper Podcast

"There were times I remember having to pull money out of our retirement savings to cover payroll. We weren't sleeping, we were stressed. We didn't know where to turn, and it was so stressful. It was not a good scenario." -Teresa Slack In this episode, Canadian bookkeeping expert and million-dollar firm builder Teresa Slack shares the hard truth about pricing and what it really costs when you get it wrong. She breaks down her journey from charging $18/hour and burning out to building a profitable, scalable firm using value pricing and better systems, along with the key mistakes to avoid and what actually drives growth. In this episode, you'll learn:

  • The difference between fixed pricing & true value pricing

  • How to raise your prices without losing your best clients

  • Why identifying your ideal client changes everything

To learn more about Teresa, click here. Connect with her on LinkedIn. Time Stamps 01:05 – Teresa's journey from struggling firm to success 04:00 – Early pricing mistakes & mindset challenges 07:01 – How poor pricing led to financial stress 09:42 – The turning point: systems & value pricing 17:36 – Where most bookkeepers go wrong with pricing 19:28 – How to raise prices the right way 21:42 – What happened after repricing clients 24:08 – The compounding effect of better pricing 28:10 – Finding your niche & ideal clients 36:09 – Why action builds confidence

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What is The Successful Bookkeeper Podcast?

The Successful Bookkeeper Podcast is a weekly show to help increase your confidence, work smarter and build a business you love.

Each week you'll listen to inspiring guests who will share their success secrets, so you can take your bookkeeping enterprise and life to another level.

Some of them include New York Times Best-Selling Author of E-Myth, Michael E. Gerber, Pure Bookkeeping Co-Founder, Debbie Roberts, the host of The Productive Woman podcast, Laura McClellan and the author of *I Know How She Does It*, Laura Vanderkam.

If you're a bookkeeping business owner who is looking for an uplifting, entertaining and informative podcast exclusively for YOU then you have arrived at the right place!

Get ready because your journey towards success begins — now.

Your Host

Michael Palmer is an acclaimed business coach who has helped hundreds of bookkeepers across the world push through their fears and exponentially grow their businesses and achieve the quality of life they've always wanted.