Prioritizing Profit Over Revenue in Your Online Business

Episode Summary

Today’s episode delves into the crucial topic of prioritizing profit over revenue in your online business. We discuss how this shift can lead you to financial freedom and the path to becoming debt-free. I want to emphasize the importance of understanding that increasing profit doesn’t always require increasing revenue. I’ll guide you through pricing strategies, tracking business numbers, and making informed decisions that will scale your business while also achieving your financial goals. 

In this episode I share:

  • Significance of focusing on profit instead of revenue
  • Practical strategies to increase profit margins and maximize take-home income
  • Identifying unnecessary expenses and reevaluating pricing structures
  • Pricing strategies to increase profitability


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More About The Debt-Free CEO Podcast

Are you tired of getting yourself further into debt month after month? Does your mindset around money play a factor in your family’s spending? Do you struggle with knowing which debt to pay off first and how to keep yourself from going further into debt? Maybe you’re a freelancer who struggles with how much to pay yourself each month making it difficult to create a working budget.

In this podcast, you will learn ways to manage your finances to set you on the path to debt-free and on to financial freedom. 

I’m Megan Mendez, and I was a tired teacher needing to get out of debt to leave the classroom for good. In 2021, paid off $53,000 worth of debt in 12 months and started my freelancing business shortly after. I’ve been able to successfully pay myself as a  business owner and continue on the path to financial freedom and now I want to help YOU do the same! 

My hope is that this podcast gives you tactical tips to help you improve your finances and set you and your family’s future up for success. I hope you’ll join me as we journey to financial freedom together. 

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