The P.t. Entrepreneur Podcast
EP242 | The Relationship Between Revenue And Profit
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:27:06
- More information
Informações:
Synopsis
We're digging into some basic business finance that's super important: profit and revenue. Sounds simple, but it's easy to misunderstand, especially when you're building your own cash practice. Think of solid financial understanding like a killer offensive line in football. They don't score touchdowns, but they stop bad things from happening. Same in business. Knowing your numbers, the difference between top-line (gross revenue) and bottom-line (net profit), is your bedrock. We'll talk about how your profit picture changes as you scale, why a $250k solo gig is a profitable job but not a business, and the trade-offs when you hire to build something truly passive and sellable. It's about understanding what kind of business you want to build.