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MYB092: How to Stop Discounting and Start Making Real Profit

Max Your Business

Release Date: 06/19/2025

MYB113: Stuck in the MYB113: Stuck in the "Doing"? How to Systemise and Reclaim Your Time

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin challenge the "busy" trap. If you're constantly feeling like there aren't enough hours in the day, working after dinner, or stuck on tasks you know you shouldn't be doing, this episode is for you.  Mastering delegation is essential to building a business that doesn't rely on you. Ben and David unpack why it's so hard to let go (hint: it's a habit), the critical difference between delegating and abdicating, and how to use systems to confidently hand over responsibilities. They explain how to delegate...

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MYB112: More Than a Robot – How to Use AI to Systemise Your Business show art MYB112: More Than a Robot – How to Use AI to Systemise Your Business

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin dive into one of the biggest topics in business right now: Artificial Intelligence. Fresh back from a tech conference in the US, they unpack how AI is already saving business owners a stack of time and why ignoring it is a massive risk to your competitive advantage.  Ben and David share real-world case studies on how AI "employees" are already answering phones, freeing up teams, and creating better customer experiences. If you think AI is just a gimmick, a robot, or something that won't affect your...

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MYB111: The 5 Levers That Drive 61% More Profit show art MYB111: The 5 Levers That Drive 61% More Profit

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin reveal a simple mathematical formula that has the power to completely transform your business. They unpack the concept of leverage and show you exactly where to focus your time and energy for the biggest possible return. If you feel like you're working hard but the numbers aren't reflecting your effort, it's likely you're focusing on the wrong things. Ben and David break down the five critical KPIs that actually drive growth. Forget vague goals like "more customers" or "more revenue."  This episode gives...

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MYB110: The S.Y.S.T.E.M. That Will Save You Time, Energy, and Money show art MYB110: The S.Y.S.T.E.M. That Will Save You Time, Energy, and Money

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin dive into one of the most critical, yet often overwhelming, parts of building a scalable business: systems. They unpack the true meaning of S.Y.S.T.E.M. which stands for Save Yourself Time, Energy, and Money, and explain why it’s the key to getting off the hamster wheel for good. Tired of answering the same questions over and over? Feel like everything depends on you? Ben and David share practical, modern strategies for creating simple, effective systems for everything from answering the phone to delivering...

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MYB109: Why Your High-Turnover Business Might Be Worthless show art MYB109: Why Your High-Turnover Business Might Be Worthless

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin get straight to the point: revenue is just a vanity metric. The real measure of a successful business is how much profit it generates and how much value it holds for the future. Ben and David unpack why so many owners fall into the trap of building a low-profit business that relies entirely on them. They discuss the critical mindset shifts needed to move from being an employee in your own company to a true business owner and investor. If you're working flat out but not seeing the rewards, or if you've never...

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MYB108: How to Escape the 'Busy' Trap - A Mindset Shift for Owners show art MYB108: How to Escape the 'Busy' Trap - A Mindset Shift for Owners

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin tackle one of the biggest challenges for business owners: feeling constantly 'under the pump'. If your to-do list is never-ending and you're wearing 'busy' as a badge of honour, this one's for you. Ben and David argue that the solution isn’t another productivity hack or time management tool. It’s a fundamental mindset shift. They unpack the psychological reasons we feel guilty for not 'working' and how to break free from the ingrained habits that keep us trapped in the 'mud pit' of day-to-day tasks. ...

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MYB107: Tired of Bad Applicants? Here’s a Better Way to Recruit show art MYB107: Tired of Bad Applicants? Here’s a Better Way to Recruit

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin tackle one of the biggest challenges for business owners: finding and hiring great people. They explain why recruitment should be treated as a marketing function and walk you through a step-by-step process designed to save you time and improve the quality of your candidates. Learn how to save time and make better hiring decisions with a proven, practical system. Ben and David will walk you through a process that shifts the workload to the applicant, ensuring the most committed and suitable candidates...

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MYB106: Finish the Year Strong - How to Plan Your Final Quarter show art MYB106: Finish the Year Strong - How to Plan Your Final Quarter

Max Your Business

In this episode of the Max Your Business Podcast,  hosts Ben Fewtrell and David Carlin are here to help you get sorted for the final quarter of the year. With Christmas just around the corner, this isn't just another 90-day period—it's your last chance to hit this year's goals and set the tone for a cracking start to next year. Ben and David dive into why this quarter is one of the most important for planning, especially with the typical Aussie summer shutdown period. They discuss how to use the data you've gathered all year to fine-tune your strategy, what to do whether you're ahead of...

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MYB105: The Power of Test, Adjust, Measure for Smarter Business Decisions show art MYB105: The Power of Test, Adjust, Measure for Smarter Business Decisions

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin break down how to build a habit of testing, adjusting, and measuring so you can make better decisions and lift performance across the whole business.  From lead gen and conversion rates to utilisation and rework, Ben and David show you what to track, how to start small, and why consistency matters more than perfection. If you’ve been spending on marketing, tools, or team without seeing clear returns, this one will help you get your numbers sorted and your focus locked in. Episode Highlights: 0:00 -...

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MYB104: Get Your Customers Buying More Often show art MYB104: Get Your Customers Buying More Often

Max Your Business

In this episode of the Max Your Business Podcast, hosts Ben Fewtrell and David Carlin dive into one of the simplest yet most overlooked ways to grow your business: getting your existing customers to buy from you more often. Many business owners put most of their energy into chasing new leads, but the real opportunity lies with the customers you already have. Ben and David share practical strategies for boosting “spending frequency,” whether you run a high-frequency business like a gym or café, or a low-frequency business such as real estate, car sales, or even a funeral parlour. From...

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More Episodes

In this episode of the Max Your Business Podcast, Ben Fewtrell and David Carlin tackle a challenge that hits home for so many business owners: You’re making sales… but where’s the profit?
If you’ve ever looked at your revenue and wondered why there’s nothing left over at the end of the month, this episode is for you. Ben and David break down the real reasons why businesses stay busy but broke and what to do about it.
From silent cost creep to outdated pricing and the dangerous mindset of discounting, Ben and David will help you uncover the financial leaks and get back on track to building a profitable, sustainable business. With relatable stories (including a restaurant rethinking its entire menu) and straight-talking advice, this is a must-listen for anyone serious about turning revenue into real profit.
Episode Highlights:
 00:00 – Welcome to the Max Your Business Podcast
 04:18 – The discount trap: how it quietly destroys your margins
 08:39 – Why increasing sales doesn’t always solve your problems
 10:50 – Clarkson’s Farm: A business lesson in doing the numbers
 13:23 – Charging what you’re worth (and why most people don’t)
 16:06 – How one restaurant owner is adapting their offer for today’s market
 21:51 – Pricing with confidence and evolving your business model
 23:34 – The maths behind discounting (and why it rarely works)
 29:04 – The truth about time, effort, and delivery costs
 34:53 – Service businesses: the hidden cost of underquoting
 38:58 – The bottom line: know your numbers or gamble your future

Key Takeaways:
Revenue ≠ Profit
 Sales are great—but they mean nothing if your costs are swallowing your margins.
Discounting Isn’t a Strategy
 A 10% discount could mean needing 30% more sales just to break even. It’s not worth it.
Small Price Increases = Big Wins
 Most customers won’t even blink. And if they do? They’re usually not your ideal client.
Track, Review, Adjust
 If you haven’t reviewed your pricing in the last 12 months, you’re probably already behind.
Use a Budget, Forecast, and Breakeven Tool
 Episode 86 walks you through how to plan for profit—not just hope for it.
Mindset Matters
 Shifting from employee thinking to business owner thinking is the first step to charging what you're really worth.
📘 Get your free workbook The Dangers of Discounting at maxmyprofit.com.au/dangers

If you're serious about building a profitable business (not just a busy one), this episode could be the wake-up call you need. Subscribe for weekly episodes packed with practical advice and no-fluff strategies to help you Max Your Business.