Business
We’re in the final quarter of 2021! As the holiday season approaches, now’s a good time to start thinking about the big picture for next year. What products, programs, or services will you offer in 2022? Is there anything new you want to create or eliminate? As you contemplate these questions, you also need to think about the stress-to-dollar factor for everything you offer clients and customers. This approach has changed the way I do everything in my business, from marketing to delivery to choosing which offers I want moving forward. So today, I reveal how you can reduce your stress-to-dollar ratio and become more profitable in the process. On this episode of Promote Yourself to CEO: 6:29 - I share how this stress-to-dollar concept came into my life and transformed the way I do business. 11:20 - How can you figure out your stress-to-dollar ratio for each offer you provide? I’ve created something to help. 11:56 - As you look at each offer in your business, ask yourself this question first. Then you can start thinking about how profitable each offer is. 14:12 - Profitability is not the same as revenue. Here are some examples to illustrate. 18:12 - What is your time investment for each offer? Is each one something you really want to be doing in your business? 22:27 - When your stress-to-dollar ratio is too high, simplify things. I discuss ways to lessen stress while increasing profit. Full Show Notes Show Links Plan Your Best Year Ever 5-Day Challenge Stress-to-Dollar Ratio Workbook Racheal on Instagram