The Small Business School Podcast
Ready to leave the small business struggle behind? The “School for Small Business” podcast supports small business owners in scaling a business that is profitable, purposeful, and doesn’t leave you burnt out. No matter whether you run your business online or you own a brick-and-mortar, you can expect our world class experts to support you with mindset, tactics, and everything in between so you can have the business you dreamed of. Based on our lived experience, we know that small business CAN be easy and we are here to show you how.The “School for Small Business” is hosted by Staci Millard, a CPA by trade with over 15 years of experience seeing the behind the scenes of thousands of small businesses. After growing and selling her first 7 figure business, Staci has been on the ground running - mentoring small businesses and working to increase success rates. Staci strongly believes you don’t need to have gone to business school to be successful so you can expect nothing but simple, impactful advice. Tune in each Tuesday for a new 30 minute or less episode of nothing but valuable advice to help you grow your small business. We are so excited for you to be on this journey with us!
The Small Business School Podcast
The One Thing Holding Your Business Back
Welcome back to Small Business School, in today’s episode, I share some hard-earned wisdom from my years as an entrepreneur. If there's one thing that can make or break your business, it's understanding your true costs and the value of your time. Whether you're just starting out or already scaling, this insight is crucial for ensuring long-term business success. Let's get into it!
Topics Covered:
- The true cost of time,the actual time investment for each product or service, including what you would pay someone else to do it.
- Understand that making money isn’t just about revenue but also about the time and effort you put in.
- Looking beyond the bank account balance to the deeper financial health of your business.
- Recognizing that early investments in time and energy might not seem worth it immediately but are crucial for long-term gains.
- Ensuring your pricing covers all costs and that customers are willing to pay for the complete value of your product or service.
We need to be honest with ourselves about the cost of doing business. It can save you time, money, and effort in the long run!
Staci's Links:
Instagram. Website.
The School for Small Business Podcast is a proud member of the Female Alliance Media.
To learn more about Female Alliance Media and how they are elevating female voices or how they can support your show, visit femalealliancemedia.ca.
Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!
