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Profit Is The New Black | Shontaye Hawkins

Business Coach | Speaker | Author

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Is It A Business or A Hobby

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Business or Blinged Out HobbyWhen I speak to entrepreneurs who aren’t earning the amount of money they’d like to, one of two things are usually occurring – they aren’t charging enough or they aren’t charging at all for products/services. If you’re not charging, the question is, is it a business or is it a blinged out hobby? A blinged out hobby has all the bells and whistles of a business with the exception of generating money.

Below are 3 key questions to consider when shifting from a blinged out hobby to a money-making business:

  1. What do I have to lose?
  2. What will I gain if I charge?
  3. What results does this service create in the lives and/or businesses of my clients?

When you let go of the CVO (Chief Volunteer Officer) mindset and decide to become a true CEO, you make room for the clients and customers that want to pay for your services. If your time is occupied by clients that aren’t paying you, you’re leaving money on the table. Those clients may be willing to pay for your services but you won’t know until you ask.

Don’t let your passion or desire to help others keep you from charging for your services. If you don’t believe your services are valuable, it will be hard to ask for the money and generate the income you deserve. In the end, you get to decide whether you’d like to continue running a volunteer agency or build a highly profitable business.

Not sure how much to charge for your products and services? Then, I invite you to join me at the Summer Rain Business Brunch where I’ll be sharing key pricing strategies to make it rain $$$ in your business. Get all the details here: www.SummerRainBrunch.com

Filed Under: Blog, Entrepreneurs Tagged With: business, grow business, make money, pricing, profits

About Shontaye

Bottom Line Strategist™ Shontaye Hawkins uses her extensive finance background and ability to “see through the numbers” to get your Profit Game Plan for success. If you’re ready to eliminate money leaks, create your very own profit strategy - based on YOUR goals - and achieve growth + profit for MEGA results, then Shontaye has exactly what you need. To get your FREE audio gift and receive Shontaye’s weekly newsletter filled with profit tips and strategies, follow the link and enter your name and email address to receive your instant audio download.
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