E. 149: Revenue Versus Profit
Chasing profit is not the same as chasing revenue.
But most people in the small agency world confuse the two. And I believe this is one of the main reasons why they are not as successful in their business as they want to be, or should be!
It’s only by prioritizing profit that you can build a business that gives you the freedom and flexibility you want.
But this requires not only differentiating profit from revenue. It requires a change in mindset, a different way of looking at your time, and how you price your services.
Find this episode for free on your favorite podcast player.
Tune into this episode to hear:
The number one thing people leave out when calculating profitability
Doing the math on revenue versus profit in two scenarios
Why you have to account for the time it takes to grow your business, not just your client work
The difference between owning a business and being an outsourced employe
