153 - 3 Ways to Increase Profits in your Business w/ Lauren Schoenfeld

In this episode of the Dollars and Dumbbells podcast, host Justin Green, a Certified Financial Planner™️, shares his conversation with Lauren Schoenfeld of Active Core Consulting, a fractional CFO, bookkeeping, sales, and operations coaching business for health and wellness entrepreneurs. They dive into: Money Mindset The intersection of business & personal finances The levers to increase your profits in your business And so much more! Connect with Justin Green⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠Schedule a 1:1 Free Intro Call⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠FREE Cash Flow Training⁠⁠⁠⁠⁠⁠ Connect with Lauren activecoreconsulting.com/podcast – 00:00 Welcome to Dollars and Dumbbells 00:25 Introducing Lauren Schoenfeld 00:41 Diving into Business Finances 05:47 Money Mindset and Beliefs 10:51 Owner's Pay Roadmap 20:04 Maximizing Profit: Three Key Levers 20:19 Streamlining Expenses: A Deep Dive 21:40 Boosting Revenue: Pricing and Volume Strategies 23:55 Real-World Examples: Studio Owner Take-Home Pay 25:40 The Importance of Paying Yourself 27:12 Advice for Young Entrepreneurs 33:15 Low Ticket vs High Ticket Pricing 39:08 Final Thoughts and Resources