Why Good Service Business Owners Go Broke (While Bad Ones Survive)

27/10/2025 27 min Episodio 6
Why Good Service Business Owners Go Broke (While Bad Ones Survive)

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Episode Synopsis

Get a short & sexy course sharing how to price your services for maximum profit → https://iconiccoaching.com.au/product/project-profitToo many salon owners and service providers are working full-time hours for part-time pay - that ends now.Whether you're a salon owner, barber, beauty clinic operator, coach, creative, or any service-based business owner - this episode is packed with real, actionable advice on how to:✅ Calculate your break-even point and bottom line so you actually know how business is going✅ Stop discounting and start enforcing your prices - to make the profit you deserve✅ Bridge the gap between what you're charging and what you should be charging✅ How to stop letting clients (or staff) run your business✅ Take control of your business finances with confidence and clarity✅Reducing business costs smartly (power bills, rent, staff, etc.)Look, you didn’t start a business to be broke and burnt out - tune in today and start making what you deserve.Key moments:00:02:20 Businesses Closing Down00:03:40 No More Making Excuses00:05:40 Taking Accountability00:08:00 Pricing Your Worth00:14:20 Client Boundary Issues00:17:40 Speed Equals Expertise00:21:00 Deserve to Profit00:26:00 Know Your WorthIf you're exhausted from working nonstop but still can't pay yourself what you're worth, this episode gives you the framework to finally fix your pricing and start profiting from your business.-👉Find out more about how we can work together:https://iconiccoaching.com.au/coaching-👉Here’s how to connect:https://www.instagram.com/tellmeaboutit__podcasthttps://iconiccoaching.com.au