Ep 139: [Money Talk] Revenue, Income, Profit: What's the Diff and What You Need to Know

Back in 2013, I joined the Accelerator Program of EO
(Entrepreneur’s Organization) as an investment to grow my
business.


I learned a ton from the program, made great connections and
some great friends. But one major thing I learned through that
experience wasn’t something they taught.


Through the program, rubbing elbows and networking with other
members, I learned that people whose businesses were making way
more money than mine, were actually taking home less money than I
was.


That lesson shaped my whole perspective on how to build a
business that gives you what you want in life. The top-line
revenue isn’t going to determine what kind of business and life
you have.


So let’s dig into the differences between revenue, profit, and
income and why you have to distinguish them in your mind.


Tune into this episode to hear:


Doing the math on revenue, profit, and income to get to the
life you want to live

The two types of profit that I include in the Freedom
Calculator

Why a sole focus on increasing your revenue will actually
diminish your profit



Resources:


No BS Agencies Mastery

The Price to Freedom Calculator

No BS Launchpad

No BS Agency Owners Free Facebook Group

Start reading the first chapter of my book

Piasilva.com