Undervaluing Services and Overworking in Early-Stage Businesses

Hi all, these things are pretty common but i would highly suggest these things to all individuals/business owners as agency owner. Position yourself, i know its pretty common thing and everyone knows but believe me when you are in early stages pick one sub niche , like if you are providing editing ( not video editing agency but a short form agency etc ) Mostly people think that lowering their prices will increase their chances of getting clients ( indirectly revenue) but thats not true. Just take example that every successful and quality businesses offer high quality services and charge way more. Listen 1 good clients is better than 10 bad clients. Client who knows your services value will give you value , the cheap client will just treat you as replaceable. Don't be available all the time for you client... until you have 24/7 services because it will increase their expectation from you and you should have personal life too so available all the time isnt a good practice. Always make contract , and charge atleast 30% upfront... yes even your client is pretty famous or rich. Our agency as worked with a very " popular influencer " but he didn't pay us. Make your boundaries. Also in contract mention everything like revision , trial etc. Don't thing you can do everything by your own.... yes you can but your growth will be limited . After sometimes , try to expand your team , focus more on managing rather than solving every problem of your business. ( if you are the smartest person in your team its not good instead its bad ) After spending years on outsourcing and video editing agency , i learned these things and to all of those who are just starting i would say best of luck.. believe me in my early stages i created shopify stores for people in just 14$ , so it doesnt matter where you are starting , the matters where you ends :)