Ep 49: How to Overcome Pricing Objections with Shari Loveday

Monetize Your Ministry Podcast

Mar 21 2024 • 44 mins

In this episode, Shari Loveday discusses her path to finding purpose in ministry and how her personal experiences have shaped her approach. She emphasizes authenticity's importance, sharing her struggles to help others. Shari also provides practical advice on starting a ministry-based business, highlighting the value of self-education through books and the necessity of understanding business structures. She encourages seeking professional help for tax matters and considering a virtual assistant to manage the workload. Additionally, Shari stresses the benefits of networking and learning from others in similar fields. Her insights extend to the importance of coaching, especially when struggling with the concept of charging for ministry services.


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Visit our website: http://monetizeyourministrypodcast.com/

Visit Love Well Family Therapy’s website: http://www.lovewellfamilytherapy.com


Show Notes

00:00 Intro to the Podcast

(00:00:01) Monetizing Different Gifts
Kymone Hinds introduces Shari Loveday and discusses the potential for monetizing diverse talents and gifts.

(00:01:53) Shari Loveday's Diverse Background
Shari Loveday's extensive background, including her roles as a teacher, homeschooling parent, therapist, and author, and her diverse educational achievements, is discussed.

(00:03:26) Discovering the Call to Ministry
Shari talks about her journey of discovering her call to ministry, the challenges faced due to traditional gender roles, and her various pastoral and youth ministry roles.

(00:05:21) Shari's Unconventional Interests
Shari shares her surprising love for opera and country music, reflecting on her unique background and interests.

(00:06:59) Defining Ministry
Shari defines ministry as creating space for healing, freeing, enlightening, comforting, and positioning, emphasizing the impact on others beyond traditional church settings.

(00:10:51) Impact of Education on Shari's Life
Shari discusses the transformative impact of her education in marriage and family therapy on her personal life, family dynamics, and career choices.

(00:13:28) Journey to Self-Discovery
Shari shares her journey of self-discovery, including the realization of living for proof and seeking validation, leading to an existential crisis, and the impact of therapy on her healing process.

(00:20:15) Understanding Personal Purpose
Shari reflects on her purpose as an instrument for setting people free and the organic development of multiple streams of income aligned with her purpose.

(00:22:13) Ministering through Shared Experiences
Shari discusses how her transparent sharing of personal struggles and experiences allows her to minister to others who have faced similar challenges.

(00:22:45) Laying the Foundation of Ministry
Shari discusses her journey and the purpose of her ministry, emphasizing the importance of authenticity and lived experiences in teaching and preaching.

(00:25:51) Starting a Business with Limited Resources
Shari shares her experience of starting her business as a stay-at-home mom with limited financial resources, highlighting the value of self-education through books and the practical aspects of structuring a business.

(00:30:42) Challenges in Pricing and Building a Practice
The discussion delves into the challenges of pricing services in ministry-based businesses, the psychological barriers associated with charging for services, and the importance of valuing one's time and expertise.

(00:36:32) Creating Sustainable Boundaries and Pricing
The conversation focuses on the significance of valuing one's time, setting sustainable pricing, and creating boundaries to maintain a healthy work-life balance in ministry-based businesses.

(00:43:20) Promoting Emotional Intelligence and Sustainable Relationships
Shari shares resources available on her website, including courses on boosting emotional intelligence and enhancing relationships, emphasizing the transformative impact of emotional awareness in personal and professional interactions.

(00:44:03) Impact of ministry on others
Touching on the impact of Sherry's ministry on others and the broader community.