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businessmarketingentrepreneurship
731. What to Do When You’re Making Sales But Still Feel Broke (Stop Profit Leaks & Start Paying Yourself)
About this Episode
You’re making sales, but your bank account says otherwise. In this episode, I talk about why revenue feels like a lie when profit is missing, and the strategies you can use this quarter to get money back in your bank. I share a story of one of my students who has a million dollar business that was barely paying her, and the exact steps she took to turn it around. I also break down how to spot money leaks, what belongs in your true cost of goods, and how to separate your value as a CEO from the labor cost that goes into each product. Get ready to clean up your margins, pay yourself, and reinvest with confidence.
In This Episode, You’ll Learn:
00:00 Why seeing sales but not money in the bank is happening to so many makers.
04:00 Where most money leaks start in product businesses.
08:00 How to price so the product can actually bear its costs.
12:30 What to do when your market doesn’t match your price.
15:00 Why selling in the “easy” places might be sabotaging profit long term.
19:00 Math trick to price for wholesale and retail.
21:30 How do you increase average order value?
23:30 Why a free shipping threshold beats sitewide free shipping for most businesses.
25:45 The 10-week plan to lower costs and pay yourself.
Resources + Links
Book a FREE STRATEGY SESSION with our team HERE
The wait is over! Enrollment for The Product Boss Sales Accelerator is now open. This is the program where product-based business owners just like you learn how to grow sales, expand into new channels, and build profitable businesses, without piecing it all together alone. Enrollment won’t be open for long, so grab your spot before doors close. Sign up here.
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Jacqueline on IG: @theproductboss
Hosts & Guests
No transcript available for this episode.
