If you’ve been following along with my Profitable CEO Summer Series, you nailed down your personal & biz goals, plus mapped out your strategic sales plan.
You’re way ahead of the game!
But there’s more…
No series of mine can be complete without the P word.
PROFIT
Well, it’s three words actually… Prioritize your profit. And that’s Step #3 for your Profitable CEO Summer.
(Want a quick rundown on what profit is? Click here to watch my quick video.)
Revenue is the total amount of money your business brings in.
Profit is the money remaining after you pay your business expenses.
Your profit is what you get to KEEP. If you don’t have enough profit, you can’t pay yourself.
While your revenue matters, your profit matters more.
Yet, most business & marketing coaches won’t tell you that. Their focus is almost always on revenue alone.
Just sell more. Just make more. Just hustle harder.
That simply doesn’t work, and it’s the fast track to burnout.
The only surefire way to grow a business that gives you a life you love is to plan with profit in mind.
Let me share a quick story to show you what I mean…
A client recently told me she would be losing a major revenue stream in her business. She was understandably panicked.
{ 0 comments }