647. Should You Share Profit Numbers With Your Team? (Yes, here's why it's a HUGE mistake not to)

Wrapping up our profit series, the limiting belief I hear all the time inside of IFCA from coaches is "should I share my profit numbers with my team?" Yes and there's a right way and a lot of very wrong ways to go about this. In this episode, I'll explain why you should be transparent with your team, how to cut the right costs to be more profitable, the concept of strategic costs, and more.   Time Stamps:   (0:48) A Limiting Belief I Hear All The Time (1:48) How Not To Go About It (4:12) Profitable Companies Invest Back Into Their Business (7:01) Cutting Costs To Be More Profitable (7:32) Strategic Costs (9:53) Prepping For A Bodybuilding Show Analogy ---------- Whenever You're Ready, Here Are 4 Ways We Can Help You (For Free)   (Community) Join the Fitness Business Secrets FB  Community to Unlock Your Free 5 Clients in 5 Days Mini-Course   (Content) Grab our exact post templates that are responsible for more than 3,500 online clients in our business Automated Post Planner   (Instagram) 3-5x Your Engagement, Grow an Audience and Generate Dream Clients from Instagram IG Playbook For Health & Fitness Coaches   (Get Clarity) Schedule a FREE No-Obligation 15-minute Call to Explore How To Add 10,000/Mo to Your Business–Guaranteed