Episode 408
The Failure in Chasing the Wrong Numbers - S8 E15
Takeaways
- Accountability means recognizing areas for personal improvement.
- Profitability is often more valuable than sheer revenue figures.
- External pressures can distort the true purpose of a business.
- A $100 million company may not be more successful than a $10 million one.
- The mission of a business should guide its growth strategy.
- Success should not be measured by arbitrary revenue goals.
- Living your own dream is more important than societal expectations.
- Financial health is crucial for sustainable business operations.
- Understanding the internal dynamics of a business is key to success.
- Don't judge a business by its revenue alone; look deeper.
📖 Buy "Small Giants: Companies That Choose to Be Great Instead of Big" by Bo Burlingham
Sponsors
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Chapter Markers:
00:00 - The Burden of Accountability
05:55 - Understanding Business Purpose and Mission