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How to Increase Profitability in Your Business
The biggest lever to increasing the profit of a business is the price. And so what can we do that scales price-wise, right? That doesn't incur lots of cost from a service. If you were to simply bolt on the one-on-one coaching component and charge $200 a month, then that is akin to doubling your price. So that's a 6x increase in profitability by doubling one number. It just showed how much more powerful pricing is to profit within your business.