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Event Fee Negotiation

Home MM NewsletterEvent Fee Negotiation

Event Fee Negotiation

Posted by David Wood |

The following is an excerpt from the CoachStart Manual.

When asked to speak at a corporation, there’s no harm in trying for a fee.

Rule of thumb: whoever mentions money first loses. When asked how much one charges, ask what the budget is. This gives you an opportunity to see what they are charging and if you are willing to speak for that. When calling a service group or organization one can always ask what the budget is for speakers. Many have honorariums that they provide to speakers.

If they are not forthcoming, and you have to mention an amount, something like $150 or $200 is reasonable to start with, moving up to $500 when you’re well known and have a killer speech. And it’s up to $10,000 when you really get up there, and are doing keynotes at national conferences.

But initially, if you just want the gigs for clients, experience, a testimonial, and a chance at some paid work, then still ask for a fee — but negotiate down as far as zero if you have to. “Well, because I’m going to get A, B, C out of it — I’d be willing to do a freebie.”

Sometimes you can ramp the fee up a little by offering a coaching session or package to senior staff.

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Tags: Event FeeFee Negotiationlife coachPublic Speaking

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About David Wood

For 20 years David has helped entrepreneurs around the globe to grow their results, by growing themselves. A former consulting actuary to Fortune 50 companies in New York, David quit corporate life to pursue his inner journey, which now deeply influences his work. A digital nomad, David is currently dancing salsa, paragliding, and coaching his rock star entrepreneur clients from Colombia. His specialty is doubling your productivity and profits, while halving your stress. If you become a highly authentic and inspirational leader in the process, well….that can’t be helped.

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Copyright 2018 David Wood.

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