Profit: it’s the only way a small business can survive.
One of the reasons so many new businesses don’t survive is because new entrepreneurs don’t focus on it enough.
Sounds weird, right? Making money should be an obvious priority. But it might be too obvious — so obvious we forget all about it. In this episode, we discuss how to keep your mind on the “P” side of your P&L (Profit and Loss) sheet.
It’s incredible how much time you can spend on tasks that don’t help your bottom line, if you’re not careful.
Today, we share how much of your day should be devoted to profit-first activities, and how to make sure you’re measuring up. Click Play!
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Today’s Sponsors
NHTSA (National Highway Traffic Safety Administration)
It only takes one mistake to change your life — or someone else’s — forever. You’re out with friends. You’re putting back a few drinks. A few becomes a few too many. It’s time to go, and for a moment you think of calling for a ride. You tell yourself you’re a good driver, you live nearby, you can make it home ok. What’s the worst that could happen? You get pulled over? Lose your license? Lose your job? Total your car? Kill someone? Play it safe and plan ahead to get a ride. Drive Sober or Get Pulled Over.
Capella University
At Capella University, you’re in control of your education. With the game-changing FlexPath format, you can take classes at your own pace, set your own deadlines, and even leverage your previous experience to move faster. And the faster you move, the more you’ll save. Now THAT’s smart. Learn more at capella.edu.