Stop Spinning Your Wheels: How to Turn Your Talents Into a Real Business That Pays

Stop Spinning Your Wheels: How to Turn Your Talents Into a Real Business That Pays

Running a business takes serious effort, especially when you’re already good at what you do but struggling to make it truly profitable. Whether you’re a fitness expert running classes, a chef trying to grow your local food business or someone who operates a brick-and-mortar shop, it’s easy to feel stuck. You’re putting in long hours, and your customers love what you offer, but the profits just don’t match up with the effort. It’s time to stop spinning your wheels and start treating your talent like a real business.

Here’s how to do it:

1. Treat Your Business Like a Profit Machine

First things first: if you want your business to pay you well, you have to focus on profitability. This means knowing your numbers inside and out. What are your costs for delivering your service or running your location? Are you setting your prices high enough to cover those costs and make a decent profit?

Break down your expenses, from rent and utilities for your location to marketing and materials. Once you have a clear picture of your costs, set profit targets. The goal is to create a business that doesn’t just break even but actually pays you what you’re worth.

2. Attract the Right Customers and Clients

Not every customer who walks into your business or reaches out for your services is the right fit. You need customers who value what you offer and are willing to pay for it. This is especially true for service-based businesses like fitness programs or personal coaching where your time is limited.

Start by defining who your ideal customer is. For a fitness expert, this could be busy professionals looking for efficient workout solutions. For a restaurant owner, it could be local foodies who appreciate high-quality, locally-sourced ingredients. The more specific you get, the easier it will be to tailor your marketing and messaging to attract the right people.

3. Stop Discounting. Start Adding Value.

It’s tempting to offer discounts to attract more customers, but that can quickly devalue your business. Instead of lowering your prices, find ways to add more value to what you already offer. If you’re a chef, this could mean creating exclusive tasting menus or hosting private events. If you’re a fitness expert, consider offering personalized fitness assessments or nutritional advice as part of your package.

The goal is to show customers that they’re getting more than just a product or service. They’re getting an experience or results they can’t find anywhere else. When you position yourself as offering premium value, you can charge accordingly.

4. Diversify Your Revenue Streams

If you’re only making money one way, your business is vulnerable. It’s time to think about how you can diversify your income. This could mean offering different services at your fitness studio, like small group training and online programs, or selling specialty products like branded merchandise.

For food businesses, consider adding catering, meal prep services, or even cooking classes. If you run a brick-and-mortar shop, think about bringing in complementary products or launching an online store to expand your reach. Having multiple revenue streams ensures that your business can stay profitable even if one area slows down.

5. Invest in Marketing That Brings in Real Results

A lot of business owners think they don’t have time for marketing but without it, you’ll keep struggling to find customers. You don’t need to be on every platform but you do need to be consistent and strategic with your efforts.

If you own a gym or fitness studio, focus on building a strong local presence. Host community events, leverage social media to showcase client success stories and use email marketing to stay in touch with members. For restaurants and food businesses, get creative with your marketing by using food photography on social media, offering loyalty programs or partnering with local influencers to spread the word.

The key is to track what works and put more energy into those efforts. Whether it’s online ads, local events, or word-of-mouth referrals, the right marketing will help you reach the right audience.

6. Create Systems That Save You Time and Money

When you’re constantly putting out fires, it’s hard to focus on growth. That’s why you need systems in place to streamline your operations. For brick-and-mortar businesses, this could mean implementing automated booking systems, using point-of-sale software to track sales and inventory or outsourcing routine tasks like cleaning and bookkeeping.

Fitness experts can create automated sign-up processes, digital workout plans, and pre-scheduled email campaigns. Restaurant owners can streamline inventory management, automate reservations or use delivery platforms to handle takeout orders.

The more you can automate or systematize, the more time you’ll have to focus on the high-value activities that actually grow your business.

7. Don’t Be Afraid to Ask for the Sale

If you’re running a program, hosting classes or operating a business where you see customers face-to-face, you’ve got a prime opportunity to sell. That doesn’t mean being pushy; it means letting your customers know what you offer and why it’s valuable.

Encourage customers to sign up for memberships or ongoing services instead of just making one-off purchases. Offer package deals for fitness sessions, meal kits or service bundles that give customers more value while ensuring repeat business. Don’t shy away from upselling or cross-selling if you know it will benefit the customer.

The bottom line is this: if you believe in the value you bring, don’t hesitate to make that clear and ask for the sale.

Ready to Turn Your Talent Into a Real Business That Pays?

Stop spinning your wheels and start seeing real profits from your hard work. The Founder's Accelerator is here to help you get clear on your business strategy, attract the right customers, and create multiple income streams that keep you profitable.

It’s time to move from just "getting by" to growing a business that pays you what you’re worth. Click here to learn more about how the Founder's Accelerator can help you take your business to the next level.

You’ve already got the talent...now let’s make it pay off.

Back to blog

Leave a comment

Please note, comments need to be approved before they are published.