Profit Circle

An exclusive community for experienced entrepreneurs who want to network, share strategies, and scale their businesses to the next level.
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RykerProfile picture@rykernw·Apr 9

Your business doesn't have a revenue problem. It has a retention problem.

Hot take: most entrepreneurs obsess over acquisition when the real money is in keeping the customers they already have.


Here's the math that changed my perspective:


  • Acquiring a new customer costs 5-7x more than retaining one

  • A 5% increase in retention can increase profits by 25-95%

  • Your best customers will spend 3-5x more over their lifetime than their first purchase


Yet most entrepreneurs spend 90% of their time on getting new customers and 10% on keeping them.


Here's what actually moves retention:


1. First 48 hours matter most

The onboarding experience determines whether someone stays for 1 month or 12. Send a personal welcome. Give them a quick win. Make them feel like they belong.


2. Build switching costs (the ethical kind)

Community, relationships, progress tracking, personalized content — the more embedded someone is, the harder it is to leave. Not because you're trapping them, but because they're genuinely getting value.


3. Ask churned customers why they left

This is free intelligence that 95% of businesses ignore. Send a 1-question survey to everyone who cancels. The patterns will slap you in the face.


4. Reward loyalty publicly

Shout out long-term members. Give them perks. Make tenure a status symbol in your community.


The entrepreneurs who build real wealth aren't the ones with the best ads — they're the ones whose customers never want to leave.

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RykerProfile picture@rykernw·Apr 9

The pricing framework that 10x'd my conversions

I used to price based on what felt "fair." That's how I stayed broke for 2 years.


Here's the framework I use now — stolen from SaaS, adapted for service businesses and digital products:


Step 1: Anchor to the outcome, not the input

Don't price based on hours worked or content created. Price based on the result your customer gets. If your program helps someone add $5K/mo in revenue, $500/mo is a no-brainer.


Step 2: Create 3 tiers (but only care about one)

Your pricing page should have 3 options. The cheapest exists to make the middle look reasonable. The most expensive exists to make the middle look affordable. The middle is what 70% of people will pick.


Step 3: Remove monthly, add annual

Monthly plans have the highest churn. If you can, push annual with a discount. You get cash upfront, they get commitment. Everyone wins.


Step 4: Test raising prices every 60 days

Seriously. Raise by 15-20% and watch what happens. If conversions stay the same, you just gave yourself a raise. If they drop, you have a positioning problem — not a pricing one.


Most entrepreneurs are undercharging by 2-3x. The customers you want don't shop on price — they shop on confidence that you can solve their problem.

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RykerProfile picture@rykernw·Apr 9

Stop hiring generalists. Here's who to hire first at $20K/mo.

Every entrepreneur making $20K/mo asks the same question: "Who do I hire first?"


The wrong answer: a virtual assistant who "does a little bit of everything."


The right answer depends on YOUR bottleneck:


If you can't keep up with delivery → Hire a specialist who does the core fulfillment work. If you run an agency, that's a media buyer or designer. If you sell courses, that's a video editor. Free yourself from the thing that eats 60% of your time.


If you have capacity but not enough customers → Hire a setter or appointment booker. Someone whose only job is filling your calendar. Pay them base + commission so incentives are aligned.


If operations are chaos → Hire an ops person / integrator. Someone who builds SOPs, manages tools, and keeps the machine running while you focus on growth.


The pattern: never hire for "help." Hire to remove your single biggest constraint. If you don't know what that constraint is, you're not ready to hire — you're ready to audit.


Track your hours for one week. Whatever eats the most time and ISN'T your highest-leverage activity — that's your first hire.

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RykerProfile picture@rykernw·Apr 9

The 3 things that actually move the needle past $10K/mo

Most entrepreneurs get stuck between $5K-$10K/mo because they're optimizing the wrong things.


After talking to hundreds of founders and scaling my own businesses, here are the 3 levers that actually matter once you've got product-market fit:


1. Distribution > Product improvements

Your product is probably good enough. The bottleneck is almost always distribution. Spend 80% of your energy on acquiring customers — partnerships, content, ads, outbound. Stop tweaking features nobody asked for.


2. Raise your prices

If nobody has ever told you "that's too expensive," you're leaving money on the table. The customers you want are the ones willing to pay premium. Low prices attract high-maintenance clients.


3. Build systems, not hustle harder

The jump from $10K to $50K/mo isn't about working more hours — it's about building systems that run without you. SOPs, automations, delegation. If you're still doing everything yourself, that IS the ceiling.


I built Profit Circle specifically for entrepreneurs who are past the "figuring it out" stage and ready to scale intentionally. If that's you, come through.