How to CRUSH Your Way to a Better Profitability Margin with Sam Varner - 372

<p><b>Shownotes can be found at </b><a href='https://www.profitwithlaw.com/372'><b>https://www.profitwithlaw.com/372</b></a><b>.</b></p><p><br/></p><p><b>Leaving your corporate job and starting your own business might seem like a big challenge. In truth, it&apos;s also a huge opportunity. However, starting a business takes time to create wealth. It&apos;s a journey filled with setbacks and failures you inevitably must face and overcome. The key is to take risks with a plan and strategy in mind. Your business&apos; profitability margin will only grow if you put something into it.</b></p><p><br/></p><p><b>In this episode, Sam Varner, founder of SHE Collective Biz, joins us to discuss the common mistakes new business owners make that hurt their long-term profitability margin. She sheds light on many starting entrepreneurs&apos; misconceptions and shares some tips for resolving them. Sam also introduces the CRUSH formula to building a profitable business.</b></p><p><br/></p><p><b>If you’re an aspiring business owner looking to really move the needle on your profitability margin, this episode is for you.</b></p><p><b><br/></b><br/></p><p><b>00:00 Introduction</b></p><p><b>2:55 How Sam Became a Profit Coach</b></p><p><b>8:06 On Revenue Numbers</b></p><p><b>10:10 The Main Challenge Surrounding the Profitability Margin</b></p><p><b>11:53 Why Do Business Owners Overspend</b></p><p><b>16:35 Business ≠ Getting Rich Quick</b></p><p><b>20:56 The Reluctance to Bring in Help</b></p><p><b>30:11 Taking the Next Step When You Don’t Feel Ready</b></p><p><b>37:59 CRUSH Formula</b></p><p><b>42:54 Sam’s Parting Piece of Advice</b></p><p><b><br/><br/></b><br/></p><p><b>Resources mentioned:</b></p><p><b>Want to implement what you’ve learnt in this episode? Download the </b><a href='https://www.profitwithlaw.com/actionguides'><b>Action Guide</b></a><b>, a workbook designed to help you process and implement the knowledge gained from this interview.</b></p><p><b>Learn more about the Profit with Law Elite Coaching Program </b><a href='http: