Planning Your POWERFUL Profit in 2022
“When you get clear that profit is powerful for you — and when you allocate and can see where it goes — that is very, very often a massive driver to increasing your revenue and your business success.”
- Shelagh Cummins
If you’re a regular listener of the Road to Seven, chances are you’ve already set a revenue goal for your business this year — but do you have a solid plan for your profit?
Every smart entrepreneur knows the importance of having a revenue goal. Once you’ve settled on a number, you can calculate how many programs, products, or services you need to sell on a weekly, monthly, or quarterly basis to hit that goal. A strategic revenue goal should be high enough to cover your operational expenses, salary, payroll, and taxes… and leave enough for profit.
While profit is one of the most exciting parts of entrepreneurship, I see many business owners freeze up when it comes to figuring out what to do with it! Profit is POWERFUL — it can be a massive driver to increasing your revenue and your overall business success. It can raise your confidence and lead to new opportunities.
But you need to know how to allocate it.
If you want to be strategic in growing your business, you can’t just keep all of the profit for yourself. This episode reveals multiple ways to handle your profit — and get it to really start working for you and your business!
In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌
How to create positive impact in your community through your profits
What the power of profit can do for your business success and your mindset
How one business owner turned $40,000 into $140,000 overnight
Highlights:‌ ‌
01:07 Intro
02:23 What profit looks like
03:59 What to do with profit
04:44 Establishing bonuses
06:11 Donating to causes
07:38 Investing in other businesses
10:21 Holding onto profit
11:41 The power of profit
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Links:‌ ‌
To work with me and make your next power move, visit:
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