Evolved Finance
What Is a Healthy Profit Margin for Digital Creators and Online Businesses?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:19:44
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Sinopsis
Are you making enough profit in your online business or just spinning your wheels chasing revenue? In this episode of The Profit Pillars Show, we’re breaking down what a healthy profit margin looks like specifically for digital creators and online businesses, and why this number tells you far more about the health of your business than revenue alone. In this episode, Parker Stevenson (CEO of Evolved Finance and author of Profit Pillars) explains what defines a digital creator or online business and why that matters for your margins. He also shares the profit margin benchmarks we recommend after working with hundreds of entrepreneurs in this space and shows why focusing on profitability is far more valuable than obsessing over top-line revenue. By the end of this episode, you’ll know exactly what profit margin range to aim for in your business, how to calculate it, and what that means for your growth. 0:00 Intro / Welcome 0:00:56 What defines a digital creator or online business 0:04:57 The profit margin