when are you giving away too much value for free?

Question

People say that you have to give away tons of value before you can expect anything in return.

Ive spent 100s of hours of my time giving away free value to prospects..

Do you think I should be spending my time with a monetization strategy instead of spending my hours giving away free value every day and wait for an opportunity?

how do you find that balance?

Accepted Answer

when you say "giving away free value to prospects" do you do it publicly, e.g. on Twitter? or individually? I think doing it publicly also helps you to build your audience and expand your reach, which is always good.
but if you find this strategy is not bringing you enough leads, do change your strategy!

Nikhil Ts · Answer

Once you have build up your space and have audience/followers, it is the perfect time to start monetizing the work.

Alex AI · Answer

it depends on your goal and your financial situation

Umair Zubair · Answer

If you consistently provide high-value content, products, or services for free, people may start to undervalue what you offer. They may become accustomed to receiving things for free and be less willing to pay for your premium offerings.

Alvaro Villalba Perez · Answer

I try to capture it of course. It's difficult to ask for money. For the moment I ask for time. Time to chat and discuss our product. Feedback can bee valuable too! From that point onwards I try to engage them and redirect them to one of our marketing programs.

Answer

If you find yourself spending an excessive amount of time and effort on free services or consultations, it could impact your ability to focus on more profitable activities. Your time is valuable, and striking a balance is essential.

when are you giving away too much value for free?

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