The revenue you make in your business is not the only thing that matters. And it actually is not a great indicator of the overall health or sustainability of your business.
How you measure the overall health and sustainability of your business is in the margins.
Meaning… what does it cost you to make that revenue? And how much is left over? (And I’m not just talking about money.)
From your profit, to your energy, emotions, time, and more. There are many different costs in your business – and on the flip side, lots of areas where you need to be creating margin.
You need to dig so much deeper than just using revenue as a measure of success. I want you to build a business that is healthy and sustainable.
On today’s episode of Online Business Building Mamas podcast, I am talking about the margins in your business. I go through each one, help you evaluate where you are, and talk about what to do if you are realizing as you listen that your margins are not where you want them to be.
On today’s episode, you’ll learn:
- The 5 different margins for business sustainability and how to use them as a diagnostic tool
- Why being aware of hustle culture AND determining specific non-work and work times is so important in avoiding burnout
- Why being intentional when managing yourself is the key to making everything else easier in your business
- The importance of having other creative outlets other than your business
- Why it’s essential to allow space and time to work through your thoughts and emotions
Featured on this episode:
- Looking to scale your business? Enrolment for the Simple Scaling Mastermind opens January 31, 2022. Click here for more information.
- Did you miss my FREE 2022 planning event? It’s not too late – you can still register for Design 2022 and get access to all training resources and live coaching recaps. Click here to join!
- Interested in Mama to CEO? Learn more here.
- Get visible with my new FREE guide – 61 Ways to Get More Visible to Your Ideal Clients! Click here to download!
- Are you ready to grow your business, but feel like you don’t have enough time to actually make it happen? Sign up for my Time Redesigned course HERE.
- Haven’t left a review yet? Click here to tell us what you think of Online Business Building Mamas.