The Rachel Hollis Podcast
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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.com Dive even Deeper in the Coaching Community - Rachel Hollis Coaching Join 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 Strategies 01:05 Meet Rachel Hollis 01:35 Common Struggles of Business Owners 05:28 The Importance of Profit Over Revenue 06:57 Understanding Gross and Net Revenue 14:45 Real-Life Business Examples 20:32 Maximizing Customer Transactions 29:54 Maximizing Customer Spend 32:00 The Importance of Upselling 33:52 Leadership and Mindset 39:20 Direct Access to Customers 46:51 Financial Clarity for Business Growth Sign up for Rachel’s weekly email: https://msrachelhollis.com/insider/ Call the podcast hotline and leave a voicemail! Call (737) 400-4626 Watch the podcast on YouTube: http://youtube.com/@MsRachelHollis Follow along on Instagram: https://www.instagram.com/MsRachelHollis To 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.
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