18. Prioritizing Profit Over Revenue in Your Online Business
Update: 2023-10-23
Description
Today's episode delves into the crucial topic of prioritizing profit over revenue in your online business. We discuss how this shift can lead you to financial freedom and the path to becoming debt-free. I want to emphasize the importance of understanding that increasing profit doesn't always require increasing revenue. I’ll guide you through pricing strategies, tracking business numbers, and making informed decisions that will scale your business while also achieving your financial goals.
In this episode I share:
- Significance of focusing on profit instead of revenue
- Practical strategies to increase profit margins and maximize take-home income
- Identifying unnecessary expenses and reevaluating pricing structures
- Pricing strategies to increase profitability
Visit the Show Notes:
Resources:
- Start your digital marketing business today
- Ditch the 9-5 and Go Debt-Free
- Finances as a Freelancer: How to pay yourself monthly
- Free Budget Template
- Free Training: How to Start Your Freelancing Business to go Debt-Free
- Passion to Profit and On to Debt-Free Workbook
- Yes/No Flowchart
- Book your FREE 15 minute Clarity Call
Connect with Megan:
- Follow on Instagram @thedebtfreeceo
- Website - meganmendez.com
- Join The Debt-Free CEO FB Community - The Debt-Free CEO Community
- Email - info@meganmendez.com
- Pinterest - pinterest.com/meganmendez__/
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