The Small Business School Podcast

Starting a Profitable Business: Profitability and Proof of Concept from Day One

Staci Millard Episode 234

In this episode, I’m diving into what it really takes to start and scale a business, beyond just following a passion. Whether you’re just starting out, or you’re well into the growth phase, understanding the importance of cash flow and profitability is key to long-term success. Let’s explore why racing to prove your business model is essential and how you can make sure your business is profitable right from the start!

Topics Covered:

  • Why starting a business with just a passion isn't enough, you also need a clear strategy.
  • The importance of focusing on cash flow from day one to avoid financial stress.
  • Common mistakes business owners make by not prioritizing bookkeeping.
  • Understanding the blueprint to profitability for your unique business model.
  • Tips on increasing revenue by truly learning your customer and mastering marketing.

Don’t forget to assess where you are today, profitable or not, and make tangible steps towards ensuring your business is sustainable for the long run!

Staci's Links:
Instagram. Website.

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Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!

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