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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.