Why Revenue Alone Is a Useless Number

What this episode covers

Turnover looks impressive. But it can also be dangerously misleading. For many new business owners, revenue becomes the primary scoreboard. You hit £50k, £100k, £250k — and it feels like progress. And I get it, it’s what people in your networks keep talking about, it’s what you think you should be focusing on – and I thought the same thing. Since I very first started my business I had this idea that I wanted to hit £100k turnover and be a “six figure business” and then I’d feel like I’d made it. But here’s the uncomfortable truth: Revenue doesn’t tell you if your business actually works, if it’s sustainable or even if it’s going to be able to pay you at the end of the month. In this episode of Figures Without Fear I break down what that means and what really matters.

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