Welcome back to Creative Friction! This week, we are tackling the beast of rescoping! Inflation is impacting every business. As creative operators, it’s crucial to ensure our work is properly priced and valued by our clients. These are the pillars of future profitability and prosperity - so let’s dive into it!

In this episode, we cover:

• Why profitability is more important than revenue, and how to not buy into the vanity metrics
• Why increasing prices is necessary, and how to go about calculating minimum retainers
• How to pinpoint your money makers! Figure out what you make good money off of and let go of the things that aren’t worth it.

And SO much more! We wanted to give you this episode towards the beginning of the year so you have the tools and resources to reset your pricing mentality with clients, so you can build budgets accordingly.

Thank you for listening to Creative Friction! Please leave us a rating and review if you enjoyed the show. If you want to learn more about Fearless Foundry or The Meade Company, visit our websites!

Creative Friction is a podcast for creatives and agency owners seeking honest and practical guidance on how to grow their business. Tune in for new episodes the first Friday of the month!

All audio and video recordings are owned by Madeline Reeves and Jeff Meade, recorded live every other Friday on LinkedIn, and are released once a month. Creative Friction is produced by Fina Valenzuela of Fearless Foundry. Music is by Premium Beats.