A 98% Margin Business - Myth or Reality?

Many top entrepreneurs showcase their low cost, high-margin business. But is that really possible? What does it take? And what are the real costs of running a business and the tradeoffs of staying so lean?

0:00 The appeal of a high-margin business
0:43 The breakdown of Revenue and margin in your business
6:45 The unexpected cost of maintaining that high margin
7:37 Operational Costs
9:48 Admin and Team Costs
11:45 Marketing Costs
13:04 Business Investment Costs

▶️ Subscribe to my channel for more content!:    / @jessicalackey  

On this channel, I’m sharing the actionable strategies you can implement to grow with purpose while staying true to your core values as an individual and in your business.

🌿 Sign up for my Deeper Business weekly email newsletter: www.jessicalackey.com/newsletter

🌿 Take the Rooted Business Lifecycle Quiz - quiz.tryinteract.com/#/62d2a07958233000182cf916

Connect with me!

❇️ Website – www.jessicalackey.com/
❇️ Subscribe to the Deeper Business Newsletter - www.jessicalackey.com/newsletter
❇️ LinkedIn – www.instagram.com/jessicalackey_consulting/
❇️ Instagram – www.instagram.com/jessicalackey_consulting/
❇️ Twitter – twitter.com/jslackey