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How to Define What Your Time and Talent Are Actually Worth Don't just get paid -- get paid what your time is worth.

By Jeff Rose Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Jeff Rose breaks down his "What You're Worth" (WYW) formula. Rose suggests that when you're pricing your time, product or service, you should start by thinking of a price that you're almost afraid to ask for. Then, you should double that and add 50 percent.

This might sound like overpricing, but Rose gives examples in his life of how it actually isn't. Plus, he offers strategies on how you can put your potential client in the position to offer more than they would otherwise.

Click play to learn more strategies and start getting paid more.

Related: 5 Money-Saving Hacks That Can Make You Millions

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Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

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