The Secret to Maximizing Your Profit in 2021 w/ Mel Abraham
The Art of Online Business
Kwadwo [QUĀY.jo] Sampany-Kessie
4.8 • 828 Ratings
🗓️ 23 December 2020
⏱️ 51 minutes
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| 0:00.0 | Topline revenue is all well and good. And when I say top line revenue meaning like, |
| 0:05.0 | all right, what's your revenue goal? Oh, my revenue goal is 500,000 or a million dollars or |
| 0:08.4 | 100,000 or 50,000 or whatever it is. That's the number that you hear most thrown around by people, |
| 0:13.9 | especially on podcasts in the online world, right? Like, oh, we made, you know, we did $6 million |
| 0:19.3 | on this. Okay, great, but what's the profit? |
| 0:23.4 | How much is actually going into your pocket? That's the most important number, right? And so as we |
| 0:29.9 | head into 2021, I want to help you maximize your profit in your business. Because yes, we want to be generating a lot of revenue, of course, |
| 0:39.7 | but we also want to be maximizing the amount of profit that you're taking from that revenue. |
| 0:45.2 | And so joining me today is one of my very best friends, and he is my go-to when it comes to |
| 0:52.5 | all matters of money in my business. I've got my bookkeeper, |
| 0:57.3 | Emily, who is just amazing. And then Mel is my CPA. Mel Abraham has been on the show before |
| 1:02.9 | a couple of times. And I asked him to come back on because like I said, the guy's brilliant. |
| 1:08.0 | The dude's brilliant at this stuff. And he's helped me so much when it comes |
| 1:12.4 | to the financial side of my business. So I wanted him to share with you today the secret |
| 1:18.1 | to maximizing your profit in your business in the coming year. Let's dive into it. |
| 1:33.7 | Welcome to the Art of online business podcast. My name is Rick Mulready and I'm an online business coach, Facebook and Instagram ads expert, lifestyle entrepreneur, and I'm a total |
| 1:40.4 | coffee snob as well. Each week, you're going to learn actionable strategies, mindsets, and tips that take the |
| 1:46.8 | guesswork out of growing and scaling a profitable online business so that you can truly |
| 1:52.5 | become an entrepreneur with impact. |
| 1:55.7 | This podcast is your secret weapon for fast-tracking the growth of your online business. |
| 2:01.7 | Let's do this. |
| 2:04.9 | Dollar bills, y'all. |
... |
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