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Obsessed With Profitability

    

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Check out the latest episode of The Wealthy Contractor Podcast, brought to you by gFour Marketing! For more FREE Resources, go to www.TheWealthyContractor.com

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As entrepreneurs, we’re known for waiting too long to worry about profitability. On today’s episode of the podcast, you’ll hear leadership guru, Ed Eppley, talk about why doing that is such a big mistake for today’s business owners – in any industry.

Ed is an expert in the field of leadership who coaches business owners how to achieve greater levels of success. After speaking with Ed for just a few minutes, I knew I wanted to hear more of what he had to say (and you will, too!).

During the podcast, he talks about the two types of businesses that came out of 2020 – the “Tomb” and the “Boom” and what both types can expect in 2021. As you listen, it’s important to keep in mind that this is not a discussion about doom and gloom – it’s a discussion about opportunity.

This is a great conversation to have where we are right now – in the first quarter of 2021. But Ed also shares his predictions for the rest of the year, so you’ll want to listen closely. I wish I had known him 30 years ago to avoid some of the mistakes I’ve made!

In this episode, you’ll discover: 

  • How keeping up with growth often becomes difficult and expensive
  • Why – and how - you’re going to pay the price if you grow your business 20%+ each year
  • Why you need to slow down and think about your profitability first
  • The major importance of reviewing and understanding your balance sheet
  • How to make your business more valuable to others (if that’s important to you)

Resources: