Artwork

Indhold leveret af EJ Swanson and Aaron Opalewski. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af EJ Swanson and Aaron Opalewski eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Player FM - Podcast-app
Gå offline med appen Player FM !

Knowing Your Numbers

42:24
 
Del
 

Manage episode 410538958 series 3565232
Indhold leveret af EJ Swanson and Aaron Opalewski. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af EJ Swanson and Aaron Opalewski eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, Aaron discusses the importance of knowing your numbers in business and how to develop a gross profit strategy. He emphasizes the need to understand financial statements, such as income statements and balance sheets, and the difference between sales revenue and gross profit. Aaron explains that knowing your numbers allows for data-driven decision-making and helps avoid emotional decision-making, which can lead to chaos in business. He also shares the benefits of implementing a gross profit strategy and how it can aid in scaling a business. Overall, Aaron highlights the significance of being a student of your business and making informed decisions based on financial data.

Takeaways

Knowing your numbers is crucial for making informed decisions in business.

Understanding financial statements, such as income statements and balance sheets, is essential.

Implementing a gross profit strategy helps in analyzing and optimizing business performance.

Regularly reviewing and adjusting your numbers is important for maintaining financial health and making strategic decisions.

A gross profit strategy is a valuable tool for scaling a business and ensuring long-term success.

00:00 Introduction

01:21 The Importance of Knowing Your Numbers

08:21 Knowing Your Numbers Consistently

11:02 Gross Profit Strategy

15:44 Adjusting the GP Strategy

25:43 Overcoming Obstacles in Knowing Your Numbers

38:05 Scaling with a GP Strategy

42:22 Conclusion

  continue reading

41 episoder

Artwork
iconDel
 
Manage episode 410538958 series 3565232
Indhold leveret af EJ Swanson and Aaron Opalewski. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af EJ Swanson and Aaron Opalewski eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode, Aaron discusses the importance of knowing your numbers in business and how to develop a gross profit strategy. He emphasizes the need to understand financial statements, such as income statements and balance sheets, and the difference between sales revenue and gross profit. Aaron explains that knowing your numbers allows for data-driven decision-making and helps avoid emotional decision-making, which can lead to chaos in business. He also shares the benefits of implementing a gross profit strategy and how it can aid in scaling a business. Overall, Aaron highlights the significance of being a student of your business and making informed decisions based on financial data.

Takeaways

Knowing your numbers is crucial for making informed decisions in business.

Understanding financial statements, such as income statements and balance sheets, is essential.

Implementing a gross profit strategy helps in analyzing and optimizing business performance.

Regularly reviewing and adjusting your numbers is important for maintaining financial health and making strategic decisions.

A gross profit strategy is a valuable tool for scaling a business and ensuring long-term success.

00:00 Introduction

01:21 The Importance of Knowing Your Numbers

08:21 Knowing Your Numbers Consistently

11:02 Gross Profit Strategy

15:44 Adjusting the GP Strategy

25:43 Overcoming Obstacles in Knowing Your Numbers

38:05 Scaling with a GP Strategy

42:22 Conclusion

  continue reading

41 episoder

Alle afleveringen

×
 
Loading …

Velkommen til Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Hurtig referencevejledning