how to be more profitable I got a great question from one of my youtube viewers
question from one of my youtube viewers
question from one of my youtube viewers Ricardo love you guys wrote in the say
Ricardo love you guys wrote in the say
Ricardo love you guys wrote in the say he’s got a business can you tell me what
he’s got a business can you tell me what
he’s got a business can you tell me what I can do to make it more profitable
I can do to make it more profitable
I can do to make it more profitable thank you so Ricardo is a few things you
thank you so Ricardo is a few things you
thank you so Ricardo is a few things you can do remember if you look at a profit
can do remember if you look at a profit
can do remember if you look at a profit we’re looking at how much we’re making a
we’re looking at how much we’re making a
we’re looking at how much we’re making a revenue minus our cost that gives us
revenue minus our cost that gives us
revenue minus our cost that gives us profit I’m not going to focus on the
profit I’m not going to focus on the
profit I’m not going to focus on the cost side of things you want to try to
cost side of things you want to try to
cost side of things you want to try to keep your costs you know as low as you
keep your costs you know as low as you
keep your costs you know as low as you can but let’s focus more on the revenue
can but let’s focus more on the revenue
can but let’s focus more on the revenue side okay how do we bring in more
side okay how do we bring in more
side okay how do we bring in more business for our company here’s a few
business for our company here’s a few
business for our company here’s a few things I’m going to give you some tips
things I’m going to give you some tips
things I’m going to give you some tips to help you here we go number one
to help you here we go number one
to help you here we go number one increase your prices what are you
increase your prices what are you
increase your prices what are you charging right now and how can you
charging right now and how can you
charging right now and how can you increase your prices because most
increase your prices because most
increase your prices because most entrepreneurs what we do is we undercut
entrepreneurs what we do is we undercut
entrepreneurs what we do is we undercut ourselves we never charge what we’re
ourselves we never charge what we’re
ourselves we never charge what we’re worth you can increase your prices
worth you can increase your prices
worth you can increase your prices twenty thirty percent and you’ll end up
twenty thirty percent and you’ll end up
twenty thirty percent and you’ll end up making more money overall even if you
making more money overall even if you
making more money overall even if you lose a few of your bad clients so think
lose a few of your bad clients so think
lose a few of your bad clients so think about how can you increase your prices
about how can you increase your prices
about how can you increase your prices for what you charge ok the next thing
for what you charge ok the next thing
for what you charge ok the next thing think about how to increase the quantity
think about how to increase the quantity
think about how to increase the quantity of the order so when they’re coming from
of the order so when they’re coming from
of the order so when they’re coming from you they’re coming to you once a month
you they’re coming to you once a month
you they’re coming to you once a month whatever it is they’re spending you know
whatever it is they’re spending you know
whatever it is they’re spending you know 500 bucks how do I get them to spend a
500 bucks how do I get them to spend a
500 bucks how do I get them to spend a thousand how can you sell them more of
thousand how can you sell them more of
thousand how can you sell them more of what you’re selling right now get them
what you’re selling right now get them
what you’re selling right now get them spending a thousand instead of 500 every
spending a thousand instead of 500 every
spending a thousand instead of 500 every month the third thing is increased in
month the third thing is increased in
month the third thing is increased in frequency so instead of coming once a
frequency so instead of coming once a
frequency so instead of coming once a month how do you get them to buy from
month how do you get them to buy from
month how do you get them to buy from you twice a month get them coming back
you twice a month get them coming back
you twice a month get them coming back to buy the same thing more often and
to buy the same thing more often and
to buy the same thing more often and then the last one is adding variety so
then the last one is adding variety so
then the last one is adding variety so how can you add more products and
how can you add more products and
how can you add more products and services to what you’re doing right now
services to what you’re doing right now
services to what you’re doing right now so you’re selling one thing can you sell
so you’re selling one thing can you sell
so you’re selling one thing can you sell two or three so in somebody’s coming in
two or three so in somebody’s coming in
two or three so in somebody’s coming in they’re buying lots of stuff and they’re
they’re buying lots of stuff and they’re
they’re buying lots of stuff and they’re coming to your place more often so those
coming to your place more often so those
coming to your place more often so those are a few ways okay profitability is
are a few ways okay profitability is
are a few ways okay profitability is it’s important right you got to make
it’s important right you got to make
it’s important right you got to make money you got to feed yourself and and
money you got to feed yourself and and
money you got to feed yourself and and the easiest way typically is increasing
the easiest way typically is increasing
the easiest way typically is increasing your prices offering tons of value and
your prices offering tons of value and
your prices offering tons of value and increasing your prices because we do
increasing your prices because we do
increasing your prices because we do typically tend to undercut what we bring
typically tend to undercut what we bring
typically tend to undercut what we bring to the table so make sure you bring an
to the table so make sure you bring an
to the table so make sure you bring an incredible value and then charge what
incredible value and then charge what
incredible value and then charge what you’re worth but if you’ve done that and
you’re worth but if you’ve done that and
you’re worth but if you’ve done that and you’re still looking to expand then look
you’re still looking to expand then look
you’re still looking to expand then look at the other options
at the other options
at the other options bigger quantities more frequent and new
bigger quantities more frequent and new
bigger quantities more frequent and new products and services believe those
products and services believe those
products and services believe those you’re watching like the video thumbs up
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below you want to see more you have a question you have a comment leave it
question you have a comment leave it
question you have a comment leave it below I’ll make a video response thank
below I’ll make a video response thank
below I’ll make a video response thank you so much I’ll see you soon
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