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Why Cutting Costs Won’t Always Boost Profits

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Manage episode 492103619 series 3594635
Content provided by Samantha Eck | Bookkeeper for Creatives. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Samantha Eck | Bookkeeper for Creatives or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Think slashing expenses is the fastest way to profit? Not always.

In this episode of Creative Minds Smart Money, we’re talking about the urge to cut costs when things get tight and why that knee-jerk reaction could actually be slowing your growth.

We’ve all been there. Panic creeps in, cash flow feels uncertain, and suddenly everything feels like it needs to go. But before you cancel your support systems and scale back your business tools, let’s talk strategy.

In this episode, we cover:

✅ The emotional traps behind cutting costs (fear, shame, survival mode)

✅ Why cutting isn’t a sustainable strategy

✅ The difference between reactive vs. strategic cost-cutting

✅ How to evaluate if an expense is actually a high ROI investment

✅ What to do instead of slashing your support systems

✅ Financial moves that actually help you grow intentionally

✅ 4 steps to take before you cut anything in your business

✅ How to shift from a scarcity mindset to a profit-building one

Whether you’re in a tight season or just looking to grow your bottom line, this episode gives you the mindset and the strategy to make empowered financial decisions not fearful ones.

🎧 Press play and find out why staying small isn't the move and how to grow smart instead.

Connect with Samantha:

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

LinkedIn: https://www.linkedin.com/in/samantha-e-8796b6176/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

📢 Love this episode? Share it with a friend and leave a review to help more business owners get smart about their finances.

Have a suggestion for something or someone you'd like to see on this podcast? Fill out this form here.

  continue reading

55 episodes

Artwork
iconShare
 
Manage episode 492103619 series 3594635
Content provided by Samantha Eck | Bookkeeper for Creatives. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Samantha Eck | Bookkeeper for Creatives or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Think slashing expenses is the fastest way to profit? Not always.

In this episode of Creative Minds Smart Money, we’re talking about the urge to cut costs when things get tight and why that knee-jerk reaction could actually be slowing your growth.

We’ve all been there. Panic creeps in, cash flow feels uncertain, and suddenly everything feels like it needs to go. But before you cancel your support systems and scale back your business tools, let’s talk strategy.

In this episode, we cover:

✅ The emotional traps behind cutting costs (fear, shame, survival mode)

✅ Why cutting isn’t a sustainable strategy

✅ The difference between reactive vs. strategic cost-cutting

✅ How to evaluate if an expense is actually a high ROI investment

✅ What to do instead of slashing your support systems

✅ Financial moves that actually help you grow intentionally

✅ 4 steps to take before you cut anything in your business

✅ How to shift from a scarcity mindset to a profit-building one

Whether you’re in a tight season or just looking to grow your bottom line, this episode gives you the mindset and the strategy to make empowered financial decisions not fearful ones.

🎧 Press play and find out why staying small isn't the move and how to grow smart instead.

Connect with Samantha:

Website: https://www.firestormfinance.com/

Instagram: https://www.instagram.com/firestormfinance/

Threads: https://www.threads.net/@firestormfinance?hl=en

LinkedIn: https://www.linkedin.com/in/samantha-e-8796b6176/

Newsletter: https://firestormfinance.myflodesk.com/ajmiv1kyt1

📢 Love this episode? Share it with a friend and leave a review to help more business owners get smart about their finances.

Have a suggestion for something or someone you'd like to see on this podcast? Fill out this form here.

  continue reading

55 episodes

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