The Value of Intangibles
| | |

The Value of Intangibles

Question: My service is really based on intangibles. How do I set my fees when I’m not delivering anything tangible? There are several ways during a client conversation to assess the value of intangibles. I’ll cover those down below. But first, there is a fundamental mindset shift you must make. This is critical. Value is…

What do you think of my idea? Will it make money?
| |

What do you think of my idea? Will it make money?

A client came to me this week with a business idea. Based on her experience, she has a unique vantage point in the market — now she sees an opportunity for a very specialized service offering. Her question: What do you think of my idea? Will it make money?