3 Essential Elements of Every Business Part 3: Profit
“Profit is one of your most powerful entities in your company, because it is the gateway to opportunity for you.”
- Shelagh Cummins
This episode is the final piece of a three-part series exploring the three core elements every single business needs to have in order to be sustainable and profitable. No matter your industry or niche, a strong, intentional foundation based on these elements is absolutely essential if you want to scale effectively.
This episode is all about profit.
The idea of “profit” is often a challenge for women entrepreneurs. Women often deal with money mindset issues that stem from biases, misconceptions, and stereotypes regarding their ability to deal with money, whether saving, spending, or earning.
But in reality, women are just as capable of driving profit and building wealth as men are.
Profit is important, because it creates opportunities for you to not only build wealth, but to re-invest in your business in order to move the needle forward.
If you haven’t listened to the first two parts of this series, I strongly recommend that you do so — these three elements work together, and each has a role to play in helping you grow and scale with more ease!
In this episode of the Road to Seven podcast, you’ll discover:
What you absolutely MUST consider when setting your pricing
How to hit your money management sweet spot and balance your spending and conserving
How to uncover the new revenue possibilities around you
Highlights:
00:01 Intro
01:34 Three-part approach
02:40 Profit
04:18 Pricing
07:14 Money management
10:18 New revenue opportunities
13:02 Vitamin & SaaS case studies
14:45 Scale Program
Links:
Scale Program
https://docs.google.com/document/d/1vXw0_Bw-kIJaisyB8l21xcu6rAKpmojYD0yzGP_tzBM/edit
Planning Your POWERFUL Profit in 2022: https://www.buzzsprout.com/349118/9873601
To work with me and make your next power move, visit:
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