933 | 5 Decisions That Will Make or Break Your Business This Year

Rise is Back! Get your tickets - Live Events!!Upgrade to the Premium Podcast Experience - https://rachelhollis.supercast.comDive even Deeper in the Coaching Community - Rachel Hollis CoachingJoin Rachel for a Free Live Virtual Masterclass!! - February 10 @ 12 pm EST - Why Motivation Wears Off & What Actually Works!In this episode of The Rachel Hollis Podcast, Rachel Hollis offers a wealth of practical advice for small business owners on how to increase profitability and scale their ventures. Addressing common challenges such as overworking without increasing profits, and the importance of focusing on profit rather than just revenue, Rachel dives deep into key business concepts.Get your copy of Rachel's New Book Here: Audible, Amazon, Barnes & Noble, Books-A-Millon, Bookshop.org, or wherever books are sold!00:00 Introduction to Profit Strategies01:05 Meet Rachel Hollis01:35 Common Struggles of Business Owners05:28 The Importance of Profit Over Revenue06:57 Understanding Gross and Net Revenue14:45 Real-Life Business Examples20:32 Maximizing Customer Transactions29:54 Maximizing Customer Spend32:00 The Importance of Upselling33:52 Leadership and Mindset39:20 Direct Access to Customers46:51 Financial Clarity for Business GrowthSign up for Rachel’s weekly email: https://msrachelhollis.com/insider/Call the podcast hotline and leave a voicemail! Call (737) 400-4626Watch the podcast on YouTube: http://youtube.com/@MsRachelHollisFollow along on Instagram: https://www.instagram.com/MsRachelHollisTo learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.