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The Kelly Roach Show

1107. Monetizing Every Role in Your Business for Sustainable Business Growth

The Kelly Roach Show

Kelly Roach

Smallbusiness, Selfdevelopment, Confidence, Entrepreneurship, Entrepreneur, Personaldevelopment, Buildyourbusiness, Salessuccess, Improvementcourses, Business, Financialfreedom, Marketing, Personalgrowth, Salesgrowth, Wealth, Entrepreneurialsuccess, Sales

5928 Ratings

🗓️ 24 February 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

This is one of the most common gaps business owners face when they are struggling to increase profit. In today’s episode, we dive deep into an often-overlooked strategy for business profitability: 

Monetizing every role in your company. 

Many business owners fall into the trap of hiring without a profitability plan, leading to unnecessary financial strain. We’ll discuss how to ensure every role contributes to the bottom line, how to avoid the “see-saw effect” of back-end expenses outweighing front-end investment, and how to build a debt-free, scalable business. 

If you’re ready to turn every hire into a profit center for your business, this episode is for you!

Key Takeaways:

  • Every role in your company should have a profitability plan.

  • The "see-saw effect" of heavy back-end expenses with little front-end investment can lead to burnout and unsustainable business growth.

  • Business owners should aim for a debt-free model to maintain financial freedom and control.

  • Monetization isn’t just about sales – finance, operations, marketing, and client services all play a role in profitability.

  • Your finance team is crucial in reducing lost revenue from missed payments, defaults, and renewals.

  • Operations should streamline sales and marketing efforts, optimize vendor management, and cut non-essential expenses.

  • Marketing must align with sales to generate quality leads and accelerate conversion.

  • Sales is not just about new customers – referrals, renewals, reactivations, and upsells should be a primary focus.

  • Client services should have a sales metric, as they naturally interact with customers and can drive significant revenue.

Timestamps: 

0:33 – The importance of monetizing every role in your business. 

1:11 – Why every role is either contributing to profitability or detracting from it. 

2:08 – The impact of rising business expenses and why strategic hiring is essential. 

3:20 – Avoiding the “see-saw effect” of back-end expenses outweighing front-end investment. 

4:49 – How to ensure your team members contribute to the bottom line. 

6:05 – The difference between hiring profit-aware employees vs. non-profit-aware employees. 

9:19 – The financial role: Capturing missed payments, renewals, and reducing revenue loss. 

11:40 – The operations role: Supporting sales and marketing, optimizing vendors, and reducing costs. 

13:18 – The marketing role: Expanding brand reach and ensuring quality leads. 

13:58 – The sales role: Managing new sales, referrals, renewals, and upsells. 

15:21 – The client services role: Why they should also have a sales metric.

Resources & Links:

 

Transcript

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0:00.0

Welcome to the Kelly Roach Show, the place for no fluff, easy to implement 20 minute or less

0:11.4

business and leadership lessons to help you build a sustainable business that scales.

0:17.3

Lead with integrity and create a lasting legacy. I'm Kelly Roach, former NFL cheerleader and Fortune

0:24.3

500 executive turned eight-figure entrepreneur. Let's get started. Welcome back and thanks so much for

0:30.7

tuning into the Kelly Roach show. Today we are going to talk about monetizing various roles

0:36.7

in your company to get a return on

0:40.7

investment for your team members.

0:44.1

So one of the things I've been teaching about for many, many years in the online space,

0:49.5

dating back to really the beginning of starting my coaching and consulting business was the importance of making

0:56.8

sure that every role in your company has a profitability plan. Now, it's really important to

1:05.5

understand that every person on your team and in your business is a profit center. And every role in your company is either

1:14.5

contributing to profitable growth or taking away from it. And it's interesting because in big

1:21.6

corporations, there are many times lots of roles that are not directly or even indirectly monetized because they seek

1:31.7

funding, they operate in a lot of debt, they have, you know, lots of investors, and they're bank

1:40.6

rolling a lot of people. But in small businesses, if you are striving to run a debt-free

1:47.4

and profitable company, you need to have a different approach. And I think so many times in small

1:55.3

businesses, we forget that the purpose of hiring employees is to grow. It's to be able to accelerate both the revenue

2:05.2

and the profitability of the company. And with expenses skyrocketing over the last couple

2:12.6

years with inflation, everything is more expensive. It is more expensive to do business today than it was a few

2:19.7

years ago, which means that as a CEO or business leader, you have to be even sharper and more

2:26.7

strategic in the way that you're managing your investments in order to get a return. Now, recently, I did a podcast episode talking about how to get a return. Now recently I did a podcast episode talking about how to get a

2:38.2

return on investment for the things that you participate in as a business owner, a course, a

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