How to Determine the Profit per Customer You Need to Make
Thrivetime Show | Business School without the BS
Clay Clark
4.7 • 1.5K Ratings
🗓️ 29 August 2022
⏱️ 11 minutes
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Summary
Have you ever struggled with knowing the numbers in your business? Clay Clark breaks down specifically the numbers you need to know to grow.
Transcript
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| 0:00.0 | Get ready to enter the Thrive Time Show, three, two, one, boom. |
| 0:09.0 | All right, Thrive Nation. |
| 0:10.0 | Welcome back to the conversation. |
| 0:11.5 | It is the Thrive Time Show on your podcast download and today we're talking about determining |
| 0:16.4 | the profit per customer that you want to make per deal. |
| 0:21.7 | This is absolutely super important for everybody listening because I know there are a lot of |
| 0:26.8 | entrepreneurs out there that are really, really, really good people and what's happening |
| 0:31.6 | for you is that you are devaluing your business right now every single day because you're not |
| 0:38.9 | charging enough money to make a profit. |
| 0:42.0 | You're just not in there. |
| 0:43.0 | Somebody else listening right now and what you're doing is you're overcharging. |
| 0:47.1 | You are charging people so much money that people just can't afford to do business with |
| 0:52.2 | you and they might want to do business with you but they realize that doing business |
| 0:56.2 | with you, you're going to get, you're going to kind of screw them. |
| 0:59.1 | They go, hey, you know, you offer a good service but I know that this guy is going to always |
| 1:03.2 | try to take as much money as possible per deal. |
| 1:07.4 | And so, Chuck, read the first notable cordable so we can kind of understand this concept of |
| 1:11.0 | determining the profit per customer that you want to make per deal. |
| 1:14.3 | We got a notable cordable from Bill Gates, a little man named, not little, he's a normal |
| 1:18.0 | size man but started a company co-founder of Microsoft and he says, yeah, he says no, your |
| 1:24.3 | numbers is a fundamental precept of business. |
| 1:27.4 | So, your numbers is a fundamental precept of business. |
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