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The Profit Factor

Author: Denai Wolfe

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How do I make more money? How do I grow my business while also growing my family? How can I start making decisions in my company based on accurate financial data? Can I really turn my passion into profits??

Welcome to The Profit Factor Podcast! Each week join host, Denai Wolfe, for an honest convo about all things profit. Tune in as Denai drops financial bits of wisdom in words you can actually understand.

Your numbers tell the story of your company. And you know the best part? Numbers don't lie. So let's stop with the fluff and get honest about why we started our businesses...we started them to make money!

In this podcast, Denai offers practical tips, resources, and even guest interviews to help you take control of your business bank account so that you have more money to fuel that passion business of yours. Her mantra: "if it doesn't make money, it doesn't make sense!"

Join her each week as she helps you understand financial structures and process, set up future-focused financials, and empower you with the knowledge you need to make a PROFIT.
After all, that's why we do this entrepreneurial life!
75 Episodes
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Hey there, profit seekers! It's podcast time, and we're diving deep into the strategies that turn your business dreams into reality. I'm your host, Denai Wolfe, on a mission to equip female entrepreneurs like you with financial education, empowerment, and freedom. In this episode, we're spilling the beans on how highly profitable companies choose their selling game. From wielding your strengths like a boss to tapping into market trends like a trendsetter, we've got the playbook to expand your financial future. So, if you're ready to transform your business hustle, grab your earbuds and hit "PLAY". Let's elevate your profit game, one insight at a time! Join me and level up your financial future! And don't forget to show some podcast love: share this episode with fellow boss babes to spread the knowledge. Let's spread that power together! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Welcome back to The Profit Factor Podcast! Today, we're diving into a crucial topic: "How Successful Service Providers, Coaches, and Consultants Price Themselves Correctly." I'm Denai Wolfe, and I'm on a mission to empower female entrepreneurs with financial education, empowerment, and freedom. We'll explore the break-even point, pricing strategies, and the importance of a low barrier of entry pricing model. Discover how to make informed business decisions and keep your finances in check. Remember, pricing is practical and based on profitability, not feelings. Join me and level up your financial future! Share this episode with fellow boss babes to spread the knowledge. Let's spread that power together! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Are you ready to level up your financial game and avoid costly mistakes that can drain your profits? In this episode of The Profit Factor Podcast, I'm spilling the beans on the 5 most crucial financial blunders that entrepreneurs make, and trust me, you don't want to fall into these traps! Join me as we dive deep into these pitfalls and uncover practical tips to steer clear of them. Whether you're a seasoned pro or a budding entrepreneur, these insights will be a total game-changer for your business! Hit that play button now and let's secure your financial future together!  Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Are you tired of making financial mistakes that leave you feeling like you need a personal loan just to stay afloat? Well, fear not my friends, because in this episode I'm telling you the 10 most costly mistakes I've see entrepreneurs make and how you can avoid them! I'm sharing this so you can dodge the heartache, stress and money issues that come with these common and costly mistakes. In this episode, we're going to dive deep into these top 10 mistakes and I'll be providing you with practical tips to fix them. Whether you're a seasoned business owner or just starting out, these lessons are going to be a game-changer for you, so press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
"Thrive Like a Boss Babe in a Constricting Market: Strategies for Generating Cash Flow" Join me, Denai Wolfe, a financial empowerment advocate as I share valuable insights on thriving in a constricting market. As a former financial hot mess turned entrepreneur, I know the challenges female entrepreneurs face in tight market conditions. In this episode, I unveil five top tips to boost cash flow and keep businesses thriving, from streamlining operations and focusing on high-profit products to diversifying revenue streams and ramping up marketing efforts. Discover why a 10% profit margin might not be enough in a constricting market and learn how to force cash flow into your business. Gain valuable customer attraction strategies, including the importance of value, trust, convenience, and adaptability. My mission is to spread knowledge and empower women to achieve financial education and freedom. Press play and take charge of your business success! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Hey there, service providers, coaches, and consultants! I know you've been told a lot about cutting costs and saving money, but let's face it - we didn't get into business to live a boring, penny-pinching life, did we? It's time to think BIGGER and live the life of our dreams. Now, I know some of you might be hesitant to invest your hard-earned cash, but trust me, burying your money in your backyard is not the way to go. You don't have to take on the risk of a tightrope walker to get higher returns - just invest in the right places.  In this episode I'm going to share with you how to turn your small business into a big business.  Press play and let's make those dreams a reality, baby! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Are you ready to get your finances in check and avoid all those pesky pitfalls that come with scaling your business? If you're a service provider, coach, or consultant looking to grow your company, you know that navigating the financial world can be a bit…well, overwhelming. That's where the financial pros come in!  In this episode I'm going to share with you how these money masters can help you avoid the risks that can impact your success and stability.  Press play so you'll learn from an expert in the field and gain the knowledge and skills you need to succeed. Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Who keeps track of your money? Even if it's not you - as a CEO it's important that you understand the meaning behind your numbers. I can't tell you how many times I talk to service providers, coaches and consultants and they refer me to someone else when I start asking questions about their financial statements. Statements that should be read often to guide the financial decisions of your business. Don't let lack of financial knowledge hold you back from reading these valuable reports! In this episode I'm going to share with you the Top 3 financial statements that service providers, coaches, and consultants can use to boost their revenue and increase the money in their bank accounts. By the end of this training, you'll not only be able to create financial statements and reports, but you'll also have a clear understanding of what you're looking at.  Press play so you'll be empowered to make informed decisions and take your business to the next level! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
There are many ways for service providers, coaches and consultants to set up their bookkeeping systems…  But did you know that not all of them are efficient? And most of the "free" systems aren't tracking everything your business needs to save the most at tax time. That's why I'm sharing FIVE simple steps to creating an amazing bookkeeping system in YOUR business… And WHY you need them to grow without hiccups.  If you're a service provider, coach or consultant, I want you to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
We, as a society, have been scammed… I see Coaches and Service Based business owners grapple with paying down massive debt every day. And if you're following the "traditional" path to becoming debt free, aka cutting out your Starbucks and other simple pleasures…but I gotta tell ya for me - it's always been the little things that bring me the greatest joy. And here's the good news - as the CEO of your own company I've seen THREE strategies to rid yourself of massive debt forever. Without cutting out the $5 coffee or nice dinner dates! It's time to learn HOW to turn the tables in your favor and come out on top! If you're ready to get rid of this "normalized debt" without punishing yourself, I want you to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Even the most skilled Coach or Service Provider needs to surround themselves with a DIVERSE group of problem solvers. And I'm not just talking about mentors, although I do believe mentors are critical to your success, but I'm talking about your TEAM. Your team should be full of diverse TALENT. Everyone has a zone of genius and it is your job to learn how to utilize your team members for theirs. So in this episode I'm going to share 6 steps to improving the relationship with your bookkeeper, accountant or CFO because I believe this is a role on your team that is often overlooked. It seems most entrepreneurs believe that their bookkeeper, accountant or CFO is their just to keep Uncle Sam happy but I gotta tell ya, they don't work for Uncle Sam, they work for YOU! So if you're looking to hire a bookkeeper, accountant or CFO in the future, or you've had one on your team for years you don't want to miss this episode. Press play to learn 6 specific steps you can take to improve the CEO-Finance Pro relationship that are good for morale and great for growth. Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
How To Properly Grow Your Coaching or Service Based Business So You Have Less Employee Turnover. Have you ever heard the saying - one bad apple spoils the bunch? Well, my friends, it doesn't only apply to fruit. It also applies to employee! Negativity breeds negativity and it's important to foster an environment that not only keeps employees happy… But gets them invested in YOUR business growth. After working with tons of Coaches & Service Based Businesses, I have discovered that it's more important than ever that employers listen to the needs of their people and adapt the company culture accordingly. So press play to learn how to properly grow your business and team so you have less employee turnover! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
How Successful Coaches & Service Providers Pay Themselves the RIGHT way… I see Coaches & Service Based business owners struggle with paying themselves properly all the time. And if you're not taking home a decent salary, something needs to change within your business. There's no way you can keep growing if you're not paying yourself what you're worth. It's just not sustainable. And lucky for you, I've seen three key ways any business owner (no matter how bad it's gotten) can learn to pay themselves appropriately… Without setting off IRS red flags! In this episode, I'm going to reveal HOW to start paying yourself a reasonable salary. If you're ready to get paid what you deserve for all the hard work you do, make sure to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Are you struggling to hit your profit goals even though your revenue is growing? After working with tons of Coaches and Service Providers I have truly discovered the 3 big reasons why you're not hitting your profit goals. In this episode, I'm going to reveal all of them. If you're sick of feeling like a financial hot mess I want you to show up tomorrow so I can show you exactly how to increase your profits and decrease your stress so you never find yourself stuck again. Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Let's make 2022 your best year yet! It's time to take control over the money in your business and stop letting it control you! In this episode I'm talking about how to turn your passion into profits, make sure to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Wondering why your revenue isn't increasing even though you've invested more money into your business? In this episode I'm talking about how to analyze risk before you make big financial decisions or big investments in your business. Taking financial risks can result in HUGE rewards or HUGE mistakes if you aren't making data-driven decisions. If you are making BANK BALANCE decisions or hoping your GUT is right and would prefer to use other methods and hear from a trusted advisor make sure to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Do you know why your sales numbers are not increasing even though you want to make more money? After working with tons of Online and Service Based businesses, I have discovered the three core reasons they struggle to increase their sales. Because the hard truth is that your business won't survive by breaking even each year…. or worse taking loss after loss, year after year. In this episode, I'm going to reveal three secrets that are holding you back from increasing your sales! If you are sick and tired of feeling frustrated that your savings account is dwindling or your cash level just isn't where it should be then I want you to press play so I can show you exactly how to move forward in your Online or Service Based business so you never have to worry about money again! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Guys...It's November - can you effing believe it?! And nothing says Happy Holidays like beginning to think about how to save more money on your taxes! (HINT: It begins by not waiting until December 31st to make decisions) After working with tons of online and service based businesses I have discovered 5 strategies to make tax season a breeze🙌. You and I both know waiting until the last minute to prepare yourself is going to cost you more money and more stress! That's why in this episode I'm going to reveal all 5 of these strategies! If you want to start thinking about how to be in the best financial situation this year I want you to press play now! Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show. To connect with Denai HERE! To download your FREE Profit Plan click here! This episode is brought to you by Profit Perfect  Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!
Attention business owners did you know that the IRS allows you to rent out your house for 14 days without having to pay income taxes? This is the #1 tax loophole you need to know if you own a business and a home! This little known tax deduction loophole can help you save massive amounts of money on your taxes. It's called the Augusta Rule and is the #1 Tax Loophole You Must Know if you are a business owner and home owner. So if you are ready to save tons on your taxes press play now! FREE PROFIT PLAN - Are you ready to increase profits and decrease stress? Download my FREE Profit Plan! Do you need a better understanding of your business finances, accounting and taxes but stumped on where to start? I've created a program just for you to help you learn what you NEED to know without any of the snooze-worthy textbook jargon your CPA studied in school. Join Profit Perfect here! Have questions? DM me on Instagram! 
Attention business owners did you know that the IRS allows you to rent out your house for 14 days without having to pay income taxes? This is the #1 tax loophole you need to know if you own a business and a home! This little known tax deduction loophole can help you save massive amounts of money on your taxes. It's called the Augusta Rule and is the #1 Tax Loophole You Must Know if you are a business owner and home owner. So if you are ready to save tons on your taxes press play now! FREE PROFIT PLAN - Are you ready to increase profits and decrease stress? Download my FREE Profit Plan! Do you need a better understanding of your business finances, accounting and taxes but stumped on where to start? I've created a program just for you to help you learn what you NEED to know without any of the snooze-worthy textbook jargon your CPA studied in school. Join Profit Perfect here! Have questions? DM me on Instagram! 
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Comments (2)

Gina Spiese

yass!!! 🙌🏻

Oct 24th
Reply

Gina Spiese

This is great!!

Sep 27th
Reply