You knew it when you typed the number into the proposal. The number was not chosen. It was a retreat. I call it the Fear Price: the figure you set by what you are afraid of, instead of by what your clients would say you are worth. Now the question in your head is this: how can I have a reputation before I have a single client? Here is the thing though. You have one. It just has not been written down. Every business is judged by people, and a reputation is built one way: by satisfying the needs of clients. Once it exists, it keeps clients coming back and puts you in a premium position, where people pay more to deal with you instead of paying less somewhere else. A low price breaks that at the first step. It attracts the clients who compare on price, and there is always someone cheaper. That is the race to the bottom, and it is where businesses fail. Bayer was my first client at Weboptimiser, and it came from an introduction. I wrote the work up as a one page case study. From then on, new clients arrived already sold. Our first meetings were not sales meetings. They started with "right, let's get this done." The case study had already done the persuading. The evidence was there before I wrote it down. Yours is too, whether it comes from a first client or from forty years of work for someone else. Age counts for you here, not against you. Do this today: write down what your best client, or the best person you have ever worked with, would say about you that you would never say about yourself. Then price against that sentence, not against your fear. Read the full story here