How to Talk to Your Team About Profit

how-to-talk-to-your-team-about-profit

Each person matters! Team members play a significant role in making and keeping a company profitable. To be profitable, a company has to make more than it spends, and the team members who find ways to take care of our exceptional clients increase sales, save money, and add significant value to our services. A profitable company is a healthy company that becomes a pillar of the local economy, and small companies are responsible for 60-80% of all new jobs in the US. Isn’t it easy to see why each team member is important?

A stable, healthy, and profitable company means that each team member has job security, along with career advancement opportunities, raises, and other benefits. A growing, profitable company can provide jobs for your neighbors, friends, and other community members. This healthy business growth cycle continues on and on–and it all begins with the ways your team members contribute to profitability. Those profit conversations can be challenging and uncomfortable, but I’m here to make it easier for business owners. Join me for a closer look in today’s podcast!

Profit by Design is a Tap the Potential Production.

Show Highlights:

  • How the right conversations with your team members can help them understand the difference between revenue and profit
  • How to equate “eyes on profitability” to having an emergency household account
  • How profitability contributes to job security and a team-oriented workplace
  • Why your team should be working toward profit goals rather than sales goals
Links and Resources:

Download A Guide To Talking To Your Team About Profit and start using it today!

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About The Author

Tap the potential of your team and double profit!

Sabrina Starling, Ph.D., PCC, BCC, The Business Psychologist, is the international bestselling author of the How to Hire the Best series and The 4 Week Vacation®.

The third generation in her family impacted by entrepreneurial hustle culture, Dr. Sabrina is transforming the story of success from long hours and grinding it out to work that supports and enhances life.

Hustle culture often means sacrificing our health, well-being, and relationships, all for the sake of success. Dr. Sabrina’s research shows this leads to burnout and pain in our relationships. There is a better way. Work supports life, not the other way around!™

Dr. Sabrina is revolutionizing the workplace with concepts like Work Supports Life™, 4 Week Vacations®, $10,000 an-hour activities, 25-hour workweeks, and unlimited vacation and sick time in highly profitable businesses winning the war for talent. She inspires transformation in a world where work often overshadows life, sharing insights from her ongoing research with over 650 entrepreneurs and their high-performing teams.

Featured in Forbes, Entrepreneur.com, and Thrive Global, Dr. Sabrina is the founder of www.tapthepotential.com and the globally top-ranked Profit by Design Podcast. Listed in The Daily Hustle’s Top 50 Entrepreneurs to Watch in 2022, Dr. Sabrina is on a mission to get 10,000 business leaders taking the Work Supports Life™ Pledge.

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