Profits differ from net income, and no where is there clearer than for small business owner-operators, artists, and creatives. Just because you have a certain amount of money left over after covering expenses doesn’t mean you’ve made profits. Why? Because you have to factor in the cost of your labor and the risk you took and so after factoring that in, millions of small businesses and artists and creatives are operating with little to no profit. However, it doesn’t have to be this way and so we wanted to create a space where sharp entrepreneurs and creatives could come together and discuss the challenges to profitability and potential solutions. If you have something valuable to add to this conversation that can help others achieve profitability, please reach out to us as we want to get your ideas in front of our readers.

Hunter McKay

One of the biggest challenges I face is making profit online. Facebook changes it algorithm so people won’t see your post or they make it so that you have to pay for people to see your products. Etsy is pretty saturated and the expenses add up quickly with little return. Read more>>

Marcus Thompkins

The things that impact our profitability are the cost of airline ticket prices which always fluctuate depending on how much time we have from booking trip to delivery date. Our staffing payroll are also a challenge as things that are out of our control can affect delivery times and hours our pet attendant’s work. This is a business where every cent matters and you have to be aware of what things might effect your bottom line in advance. Read more>>

Deziree Ruhs

I feel creating multiple sales funnels is one of the biggest challenges to becoming profitable in this industry. It is constantly evolving with so many platforms you need to have a presences on. The amount of content you need in different mediums counts for more than half of running a successful online business. From snackable content to how-to’s, to organic user content, to branding. It’s basically another business. Read more>>

KATHRYN BLANKEN

The biggest challenge to profitability in floral design is charging appropriately for the amount of time it takes to create and execute a concept. Read more>>