How We Cut 16% in Business Expenses (And How You Can Apply It to Your Network Marketing Biz for Maximum Profit)

Most businesses are bleeding money and don’t even realize it.

They think their biggest problem is not enough revenue—but in reality, their biggest problem is waste.

Here’s the truth:

You don’t need to make more money. You need to KEEP more of what you already earn.

At NetWave, we recently did a deep expense analysis across our businesses and cut 16% of total costs.

And let me tell you—this wasn’t just a small trim.

📌 In one of our business, we had $20K in monthly expenses.
📌 We cut $3.2K per month—that’s $38.4K in annual savings.

This is free money back into our pocket.

And I’m about to show you how YOU can do the same in your network marketing business to increase your take-home profits—without working harder.

Step 1: Set a Clear Cost-Cutting Goal

Before we started slashing expenses, we set a baseline goal.

📌 Our target? Cut 20% of costs.
📌 Final result? We landed at 16.6%—which added up to THOUSANDS in savings.

How to apply this in network marketing:

1. Set a financial goal. How much of your business income is slipping through your fingers? Set a clear % to reduce waste.
2. If you’re running paid ads, subscriptions, or coaching programs, analyze every dollar.
3. If you’re still working a 9-to-5 and growing your business on the side, this is even more critical. A lean business is a profitable business.

Step 2: Review Your P&L (Yes, Even in Network Marketing!)

Most network marketers don’t even know their numbers.

They focus ONLY on revenue but never track their costs.

We broke down every business unit by unit and identified exactly what was draining money.

📌 If you have a team, let them do the first pass of expense cutting.
📌 If it’s just you, review every single cost yourself.

How to apply this in network marketing:

• Are you overspending on lead generation? If your paid ads aren’t bringing in high-converting prospects, CUT or OPTIMIZE them.
• Are you paying for tools you don’t use? Many network marketers get sucked into shiny object syndrome—cancel what you don’t need.
• Are you investing in coaching programs that aren’t moving the needle? Be brutally honest.

Step 3: Cut Down on Subscriptions & Recurring Costs

This is one of the easiest wins.

📌 We cut down software seats.
📌 We canceled duplicate tools.
📌 We renegotiated rates.

💰 Found revenue? $5K–$20K per month.

How to apply this in network marketing:

🔥 Do an audit of all the tools you’re paying for.
🔥 Are you using multiple funnel builders? Stick to ONE.
🔥 Are you subscribed to training programs that don’t give you ROI? Cut them.
🔥 Is your email marketing software overkill for your needs? Downgrade.

Step 4: Kill the “Living Dead” (Zombie Projects That Drain You)

Google shuts down underperforming projects every year.

📌 They’ve killed 293 projects to date.
📌 Because if it’s not performing, it’s a drain.

We killed multiple projects that were NOT giving us a return:

❌ A newsletter that wasn’t converting.
❌ A community that drained time but didn’t add revenue.
❌ A consulting offer that distracted from our core business.

How to apply this in network marketing:

1. Are you running a free Facebook group that’s draining your energy but not making sales? Shut it down or revamp it.
2. Are you spending time on content formats that don’t drive leads? Double down on what’s working.
3. Are you offering products or services that nobody is buying? Shift your focus.

Step 5: Optimize Your Contractors (Or Go In-House)

We negotiated better deals, brought tasks in-house, and cut low-performing freelancers.

📌 We took ad management in-house → Saved $4K+ per month.
📌 We removed “nice to have” consultants → Instant cost savings.
📌 We delegated more to existing team members instead of hiring more people.

How to apply this in network marketing:

🔥 Are you paying for a VA but could automate tasks instead?
🔥 Are you hiring a copywriter when AI tools like ChatGPT can help for free?
🔥 Are you paying for an agency when you could learn skills yourself (or use NetWave’s training)?

Step 6: Remove Under-performers from Your Team

If someone is constantly needing “fixing,” they are not an asset.

📌 We asked managers: Who do you always have to fix things for?
📌 If the same name came up more than once a month, we let them go.

How to apply this in network marketing:

1. Are you dragging deadweight team members? Not everyone is meant for success. If someone is NOT taking action, move on.
2. Are you spending time with complainers instead of high achievers? Your inner circle determines your success.

Step 7: Automate, Delegate, Outsource (Smartly)

We had someone earning $80K per year manually posting on social media.

📌 We hired a VA for $12K instead.
📌 We automated everything possible.
📌 We challenged our team: Find an AI tool that replaces a task, and we’ll pay a bonus.

How to apply this in network marketing:

🔥 Are you still manually sending DMs when you could automate follow-ups?
🔥 Are you still spending hours scheduling posts when software can do it for you?
🔥 Are you still cold prospecting instead of using a magnetic content strategy?

Step 8: Make It a Game (And Get Buy-In from Your Team)

We offered a $1K bonus to anyone who found an AI tool that replaced a manual task.

Guess what?
📌 Our team went all-in on cost-cutting.
📌 We saved THOUSANDS more from their ideas.

How to apply this in network marketing:

🔥 Make efficiency fun. If you have a team, offer incentives for smart cost-saving ideas.
🔥 Challenge yourself to cut 10% of your workload by automating and optimizing.

Not All Cost-Cutting Is Smart

We didn’t cut resources from our fast-growing businesses.

Why?

Because a cash-flowing business needs fuel to grow.

📌 If something is driving massive ROI, keep investing.
📌 But if it’s dead weight? Cut it immediately.

Apply This to Your Network Marketing Business

✅ Set a cost-cutting goal (10–20% is a great start).
✅ Review every single expense in your business.
✅ Cancel what isn’t serving you.
✅ Automate & outsource where possible.
✅ Reallocate savings into what’s working.

💡 Want to learn the exact guerrilla strategies we use inside NetWave to maximize profits while scaling to six and seven figures?

Join our Community and I’ll show you the system.

Let’s cut the fat, increase profit, and build the dream.