Why You Should Track Profit Per Hour vs Revenue

We get into four powerful lessons from an investor’s perspective on building a business that’s both profitable and truly valuable. We break down why tracking profit per hour matters more than just chasing revenue, how to create a company that’s saleable as well as profitable, and the biggest misconceptions business owners have about their business’s worth. Plus, we share practical steps to systemise, scale, and build a business you don’t want to sell, all while making sure it’s worth top dollar if you ever do.On this episode, we discuss:(00:00) Intro(00:49) What If Your Biggest Client Is Costing You Money?(01:42) Why Profit Per Hour Beats Revenue As A Metric(04:33) How Smaller Clients Can Deliver Bigger Returns(07:49) Building A Valuable Business, Not Just A Profitable One(09:48) The Risk Of Having All Your Wealth Locked In Your Business(12:11) Valuing Your Business Every Month(15:28) Why Business Owners Overvalue Their Business(17:14) The Danger Of Relying On The Founder For Revenue(19:49) Showing Strong Upward Trends Before Selling(22:42) Build A Business You Don’t Want To Sell(23:11) Staying Focused On Key Quarterly Objectives(24:52) Why Every Business Should Be Built To Be Worth Owning And SellingCheck out the free resources from Inovayt here.Send us an email: [email protected] Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD. Check out our new website thenumbersgamepodcast.com.au. Browse the full show catalogue, jump straight to specific moments on the topics you love, or leave us a voice note. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.