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

Author: Tracy Matthews
Published: Thu 09 Feb 2023
Episode Link: None

We just wrapped up the Jewelry Brand Makeover Bootcamp and it was AMAZING! We welcomed 172 (and counting) jewelry business owners into our Laying the Foundation Program.

During the bootcamp, I got this question several times: How much should I pay myself as a jewelry designer?

The mindset and psychology behind your pricing is really powerful and an important factor to paying yourself.

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.

What you pay yourself is directly related to your pricing but more than likely, not in the way you think.

During the episode, I break down…

Why most makers think about paying themselves in the wrong way (and it’s keeping them broke)
How to price and incorporate the right labor fees into your jewelry
The ONE metric you need to know in your jewelry business to pay yourself WELL
The “hourly” conundrum and mindset around your role in your company
And a lot more…

Here are the resources mentioned in the show:

Join Laying the Foundation

Book a Discovery Call

Buy My Book: The Desired Brand Effect

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

During the episode, I break down…