Originally Posted by will76

I have been practicing this from a business stand point over the last year. I cut my expenses by over 50% while maintaining and even increasing sales. I would have never thought I could have cut back so much. It almost turned into an obsession, I wanted to see how much more I could cut back and increase my profit margin. I got ride of shit that wasn't vital to making money and then reduced the costs on the things that I did need. I haggle now, where as before I just paid whatever.

There is two solid ways to make money, decrease costs, increase revenue. It sounds stupid it is so simple, but most people don't really make an effort to really cut costs. If you do both your profit margin increases tenfold. Even if you can just do one of the two you doing good.