Trailblazer - Igniting Business & Community

Profit - Get Some!

Nov 4, 2020 · 34 min · Season 1 · Episode 32 · 34.6 MB
0:00-34:55

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  1. What is profit? This is not a duh moment
  2. What are some things we can do to maximize profit?
  3. What should we be doing once we have profit?

Topic 1: What makes up profit

  • Profit is not just the difference between but you bought and sold something for
  • Why is profit so important

Topic 2: How to maximize business to reach profit

  • Deals with vendors and service providers
  • Mix of products/services offered to make profit
  • Marketing - Deal or no deal

Topic 3: You have profit, yah now what

  • So sadly a lot of new founders or businesses still in the weird startup/early growth space take profit and just put it back in the business
  • Pay yourself
  • Fund other programs to enhance your business - We are talking new advancements not operations