160: You’re Doing Too Much… | Why Having Too Many Services Is Killing Your Profits

Listen on Apple | Spotify | YouTube | Android | Google 

Most entrepreneurs are overachievers, and there’s a phrase we hate to hear when we’re hard at work: “you’re doing too much.” But today I’m not talking about your overall workload (though that’s important to manage, too!). I’m talking about your services and how many different ideal clients you’re targeting with each one. In this episode, I share why focusing on one type of ideal client and getting really good at one core service will supercharge your profitability.

 

💰Need help figuring out the next step to grow your business, profits, and wealth? Apply for my free High Profit Business Strategy Assessment to uncover the opportunities in your business strategy that will help you work smarter, earn more, and build the freedom you’ve been working so hard for!

 

In this episode, you’ll learn:

  • 0:00 How we get caught up in the trap of new ideas
  • 3:55 What the four stages of competence show us about doing too much
  • 8:01 Finding balance between a big, creative vision and staying focused
  • 9:26 How to get focused if you’ve realized you’re doing too much

 

 
If you love the podcast, please leave me a review on Apple podcasts and share with a friend! This helps me share more knowledge with people like you so they can become more financially literate, create more profit in their business, and feel more financially stable and secure. Click here and scroll to the bottom to leave a review and make sure to let me know what you're finding the most helpful!
 
 
I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
 
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
 
Connect with Sarah:

The podcast that’ll teach you how to take home a six figure paycheck from your business and become a Wealthy CEO - without sacrificing your life today

Apple Podcasts
Spotify Podcasts
YouTube