Consulting Fees: Charging for Services.

One day, a company’s machine suddenly broke down and the owner who was an old friend of Niels Bohr called him to get it fixed.

Mr Bohr takes a look at the machine, draws an “X” on the side of the machine and says to the company’s mechanic, “Hit it right here with a hammer.”

So the mechanic strikes the X on the side of the machine, and the machine sprung to life! The owner was very grateful for Mr Bohr. He generously thanked him then sent him on his way.

Within a week or so, the owner gets a bill from Niels for $10,000! He called him up and demanded, “Niels! What’s this $10,000 invoice? You were only here for 10 minutes! Send me a detailed invoice!”

Mr Bohr agreed, and some days later, the owner got the new invoice.

INVOICE:

TasksCosts
Drawing “X” on the side of your machine$1
Knowing where to put the “X”$ 9,999
Total
$10,000

Source: 

 https://www.authentic.com.au/blog/coaching/how-to-charge-what-youre-worth-as-a-coach/

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