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Ep. 206 - 5 Common Business Mistakes: That’s Killing Growth and Forcing You to Work Harder
Manage episode 461063671 series 3004443
Контент предоставлен Robert Fukui, Kay Lee Fukui: Business, and Marriage Coaches. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Robert Fukui, Kay Lee Fukui: Business, and Marriage Coaches или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
In this episode, Robert and Kay Lee Fukui discuss five common business mistakes that hinder growth and profitability while affecting work-life balance. They emphasize the importance of focusing on profit margins rather than just sales volume, the pitfalls of discounting, the necessity of tracking financial metrics, the value of hiring help, and the need for training employees to ensure business success and personal fulfillment.
Want to live a better balanced life and win in marriage AND business at the same time? Purchase our (audio) book Tandem: The married entrepreneurs’ guide for greater work-life balance. https://www.thetandembook.com/
Need to create more time to dedicate to your marriage? Download this free guide. https://marriedentrepreneur.co/boundaries
Need some insight into how to balance it all? Schedule a free discovery call. https://marriedentrepreneur.co/lets-talk
Key Takeaways
Focusing on volume not margin
Lower prices/discounts to attract more customers
Not tracking metrics: doing the same thing over and over again expecting different results
Too cheap to hire
Not willing to train
Sound Bites
"Five common business mistakes."
"Focusing on volume, not margin."
"Lowering prices to attract customers."
Chapters
00:00 Introduction to Common Business Mistakes
01:29 Focusing on Volume vs. Margin
06:10 The Pitfalls of Discounting
12:55 Importance of Tracking Metrics
19:19 The Cost of Not Hiring
22:09 The Need for Training Employees
99 эпизодов
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