Mic Drop Mindset
How to Answer “What’s Your Speaking Fee?” and Get Paid What You’re Worth The episode explains how speakers can confidently answer “What’s your speaking fee?” and avoid blurting out an unaligned number by using three approaches: replacement cost, honorarium/starter fee, and the “budge or barter” method to avoid. For replacement cost, speakers (especially coaches/consultants) can base fees on their hourly rate plus preparation, pre-event calls, and post-event follow-up, emphasizing they’re paid for delivering a problem-solving program, not just a 60-minute talk. For honorariums, speakers can ask early if there’s a budget, then negotiate other compensation like travel, books, video footage, attendee lists, sponsorship/table space, promotion, or discounted tickets, and invoice the full fee with discounts. The script shares typical fee ranges (emerging $0–$3,000; experienced/industry $3,000–$7,000; professional/celebrity $7,000–$100,000), suggests stating ranges, discusses whether to list fees on a website, and underscores saying no when it isn’t worth it. 00:00 The Speaking Fee Question 00:56 Avoiding the Bread Game 01:48 Replacement Cost Method 03:52 Prep Time and Add Ons 07:00 Lead with Value 07:37 Honorarium and Low Budget Gigs 09:09 Negotiating Non Cash Perks 11:06 Sponsorship and Tabling Example 14:02 Budge or Barter Pitfalls 15:25 Typical Fee Ranges 17:34 Using Ranges and Calculators 19:21 Posting Fees and Wrap Up 20:34 Final Thanks and Call to Action Have a question or suggestion for a future episode topic? Email me jenn@jennspingo.com. Ready to deliver mic drop moments in your next presentation? Schedule a call to learn more about coaching www.calendly.com/jennchat [https://www.calendly.com/jennchat] Looking to book a speaker for your corporate or association event on topics including leadership and communication? View my programs at www.jennspingo.com [http://www.jennspingo.com]
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