086: The Financial Numbers Every Online Business Owner Needs to Track (But... That You Might Totally Be Missing!)
There are so many numbers you\u2019ll pay attention to when looking at your money from your business. Today I want to talk about 2 numbers specifically that not enough people pay attention to! I know I didn\u2019t for way too long, and I want you to learn from my mistake here.\xa0
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Nope, we\u2019re not talking about revenue and profits. This is something completely different! I hope my sharing openly about what\u2019s working for me helps YOU as well! A fast disclaimer on this episode: I am not a bookkeeper, accountant or financial advisor. I\u2019m a website designer! I\u2019m sharing what is working for me in my online business. The advice I\u2019m sharing here is specific to online service-based businesses, and I realize that not all types of businesses need to watch the same numbers.\xa0
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What you\u2019ll learn in this episode:
- The 2 numbers you need to pay attention to, but might be ignoring right now\xa0
- What scaling my business and paying myself through scaling has looked like over the years\xa0
- Why I hate \u201cmarketing math\u201d - what it is, problems with it, and how you don\u2019t need big revenue numbers to make a great living\xa0
- Thoughts on paying attention to your money, even as a \u201cnon-math person\u201d\xa0
- Plus, 2 \u201clife updates\u201d in the beginning of this episode. Super fun!\xa0
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Links mentioned in this episode:
- Get on the waitlist for my upcoming course for designers: https://elizabethmccravy.com/waitlist\xa0
- Claire Pell\u2019s Get Paid Podcast (episode #122): https://clairepells.com/122/\xa0
- Shop Elizabeth\u2019s EM Shop website templates: https://elizabethmccravy.com/shop/\xa0
- Connect with Elizabeth on Instagram: https://www.instagram.com/elizabethmccravy/\xa0
- Visualization podcast episode - scroll back to episode #73 of this show!\xa0
Take the Website Personality Quiz at https://elizabethmccravy.com/quiz to get your FREE Canva templates, 10% off of your website template, a free month of Showit, and a full brand profile for your business!