Jayne Matthews/ Shot by Kat Alves
It is brutally easy to look at another person’s life from afar and feel like they have it all. Is there a name for this? Does anyone know? There should be, because I think it is something we all suffer from at one point or another.
The truth, I am finding is that no one has it all. That doesn’t exist. But, what we do all have are unique and awesome ways that we have adapted to kick ass in our own ways, inevitably failing in other ways, as we journey towards something collectively better. And there is a veritable goldmine in sharing these ways with each other, helping to empower the collective through stories of success and anecdotes of failure.
Something I struggle with, and I know I’m not alone here, is feeling confident in my ability to charge appropriately for my work and my skills. This is something I have avoided confronting and dealing with for years, and it has resulted in me undervaluing myself and my offerings and consistently undercharging because I feel guilt around taking money for anything, ever.
This is something I am becoming much more aware and mindful of, and I am starting to really understand the beauty in charging appropriately and then taking pride in well done, well compensated work…….It is a win-win for everyone…….When I charge what I truly feel my services are worth, removing the guilt of taking money, my work is better, I love my job, my clients love and value their experience and services in my chair, my family is happier because I am happier, and it goes on and on, positively impacting all involved.
I could write an entire novel about why we (especially as women) can really struggle hard with charging what our time and energy is worth. But instead, let’s have an interview series with the women who have helped teach me the importance of valuing my own work and charging appropriately……Because, these women and and their savvy advice have really made my life better just by modeling the simple decision to……
Charge What They Are Worth.
Chri Longstreet and Jayne Matthews, Owners of Edo Salon// Shot by Kat Alves
This first interview features Jayne Matthews, visionary hairstylist and co-owner of Edo Salon in San Francisco. Jayne is an artist and a business woman and a mama, who does the dance of all 3 with grace and open realness. She articulates her experience with learning to Charge What She Is Worth, and why it is important.
What would you tell a friend who is clearly doing good work and undercharging herself?
One of the main things I think as hairstylists is that our business days basically move through the ups and downs of the economy, as cities have gotten more expensive especially where I live in San Francisco…….But also Portland, Seattle,New York, Los Angeles, Denver, you name it.
I feel like it is very important that we take a look around and do what’s considered a market adjustment to make sure that we are paying ourselves what it actually costs to live in the places where we live. Most people get raises every year and bonuses and paid time off. As things get more expensive people get better jobs.
It is so easy as a hairstylist to stay in the comfort zone but our quality of life as we get better and better at what we do goes down because the one piece we’re not so savvy at is making sure that we are moving in the same direction as our cities or towns or communities.
This may seem strange but 20 years can go by in a blink of an eye and you can realize what was once a great career when you were young has made it into forever renting a house and not really acting as a professional who is been working at something for so many years. In any other field, that person will be making so much more money at that point but for some reason in our career somewhere along the line we decided to cheapen ourselves.
I raised my prices this year from $100 a haircut to $150 a haircut. It seems like a huge jump and of course I grandfathered in a few people that I knew really needed it and that I loved working and that fulfilled me to work with.
But in all honesty, in such an expensive area I had found myself having a much further commute from work and actually spending less money on nice dinners and travel and my quality of life as far as financial abundance had gone way down from where it was 10 years ago.
My rent/groceries/clothing/taxes had all gone up but my haircuts had not gone up accordingly. Even at $150 per haircut I’m just barely catching up. By the way, when I did raise my prices I actually got busier and my clients gave me more respect and let me try more interesting things as they thought of me as more of an experienced professional.
What advice would you give to this friend to take action?
Add up all the expenses that they have and everything they need to live the sort of life they want. Figure out exactly how much they need to make per month, per week, and then per day to make this happen. One day I decided that I needed to make $1000 per day in order to live comfortably in the bay area. That was when I raised my prices so that I could hit that mark and my life changed.
I am not rich, I do not own a house ( yet), but never again will I based my prices on what I think “people will pay.” I also will not base my prices on what other people are charging because I feel like our entire industry under charges. I’m not even 100% booked all the time but I know that I need $1000 a day to live comfortably in the Bay Area therefore this is what I charge and so far it’s worked very well. Grandfathering in a couple slots today is also great and not being overly booked with clients that don’t inspire me also gives me space to meet new clients that pay my full price and are a better fit anyway.
What happens when we begin to charge what we are worth? Why is this in everyone’s best interest?
This is really important. When I get a $150 haircut I feel the pride of my work come out and I actually give a better service. I really take the time to look at all the little details that will bring out my clients eyes, or cheekbones, or whatever nice and interesting feature that they have. I work with each petal of hair with care and interest and love. I still only take 45 minutes but I work calmer and am more interested and feel more proud of my work at the end of the day.
The client can feel it as well and usually ends up giving me $180 for my 45 minutes. I have also had clients who just felt it was a bit too expensive for what they were looking for and I totally understand and give them a referral to somebody who would feel fine to charge them less and are in a different place in their lives and their careers. That way I have more space and less exhaustion in my day and everybody is taken care of.
How does fear play into undercharging ?
I think many hairstylist including myself are afraid of people being disappointed or angry with us or kind of rolling their eyes that we want to charge so much money for something may only take us a few minutes to do. It didn’t take me a few minutes to learn how to cut hair really well so even if the hair is baby fine and there is not much of it I am being paid for my years of training and hard work that I put into building this career and I know what I need to make to live where I do and so I don’t feel bad about it anymore.
When I think of it as a market adjustment to where I am living rather than the price for a haircut it totally changed my perspective. It is scary to tell somebody that you’re raising your price because maybe we are afraid we sound greedy but when it is explained as just a simple standard of living adjustment it becomes much easier. I also would advise that everybody raise their prices on the same date every year, so that the first scary conversation doesn’t have to happen again. Also, we all get to look forward to having a raise once a year like the rest of the world!
Chri and Jayne// Kat Alves
What would be a good mantra for charging what one is worth?
I just tell myself again and again that in order to be happy and live a decent humble life with enough vacation to rejuvenate I need to make a certain amount of money per day therefore I don’t give away little deals and discounts and I don’t make it personal. It’s not personal! Doing a haircut is not a favor. It’s not something just quick that didn’t take years to learn. And it is the way that we support ourselves financially and so having a day rate that I must hit is always my mantra now. This all came from having my daughter but I’m so glad it did.
Talk a little bit about forgetting about the physicality of money exchange and looking at it as energy exchange and how this helps the process of raising rates and valuing our own work more?
The main energy exchange for me is that if I feel well paid and it is clear for the job I do and I take pride in taking my time and clearly and carefully treating each service as an experience that myself and my client are having together. I find the experience to be creative and interesting and I believe they do as well. The money exchange is very simple…… once I have my set price, I feel extremely rewarded and able to breathe and excited while doing my work. If for any reason your work is draining to you there’s a very good possibility it is because the energy exchange is to feeding you and and compensating your creativity
Stay tuned for more interviews on the topic of Charging What We Are Worth.
Thanks for being here, and please help us empower the collective by sharing this post with your friends who could stand to make more money, love what they do more, and value their own offerings in a bigger way.
Thanks and big love to Jayne Matthews for sharing her heart and her experience!