Prompted by the closure of a well-loved Wellington brewpub, this episode is a masterclass in reading the warning signs early. Mike and Scott break down lead vs. lag indicators, the three essential financial statements every owner should actually understand, and why the best time to pivot is three months before you think you need to.

You'll learn:

-How to track lead measures (things you control) vs. lag measures (outcomes);

-The balance sheet, P&L and cash flow explained in plain English;

-Four common types of pivot (product, customer, pricing, cost base);

-How to turn assumptions into cheap experiments before committing real money;

-and why "get the umbrella when it's sunny" keeps coming up for a reason.

Beer: Fortune Favours The Mystic Hazy IPA (5.8%)
Pie: Pie Rolla's — Steak, Stout & Cheese

 

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Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: Business Growth School

Want better content? Check out: Blacklime

The company that uncomplicates business growth. Check out: Point 16

Get to know us! Mike Burke & Scott Douglas

Prompted by the closure of a well-loved Wellington brewpub, this episode is a masterclass in reading the warning signs early. Mike and Scott break down lead vs. lag indicators, the three essential financial statements every owner should actually understand, and why the best time to pivot is three months before you think you need to.
You'll learn:
-How to track lead measures (things you control) vs. lag measures (outcomes);
-The balance sheet, P&amp;L and cash flow explained in plain English;
-Four common types of pivot (product, customer, pricing, cost base);
-How to turn assumptions into cheap experiments before committing real money;
-and why "get the umbrella when it's sunny" keeps coming up for a reason.
Beer: Fortune Favours The Mystic Hazy IPA (5.8%) Pie: Pie Rolla's &mdash; Steak, Stout &amp; Cheese
&nbsp;
Liked this one? Make sure you catch the next episode - hit subscribe and check us out here:
<a href="https://www.youtube.com/@pintspiesandprofits">YouTube</a>
<a href="https://www.instagram.com/pintspiesandprofits/">Instagram</a>
<a href="https://www.facebook.com/pintspiesandprofits/">Facebook</a>
&nbsp;
Want an in-person 6 day business program that gives you a tried and tested playbook to grow? Check out: <a href="https://www.point16.co.nz/business-growth-school">Business Growth School</a>
Want better content? Check out:&nbsp;<a href="https://blacklime.co.nz/">Blacklime</a>
The company that uncomplicates business growth. Check out:&nbsp;<a href="https://www.point16.co.nz/">Point 16</a>
Get to know us!&nbsp;<a href="https://www.linkedin.com/in/achievemoreeasily/">Mike Burke</a> &amp; <a href="https://www.instagram.com/scottisliving/">Scott Douglas</a>

Running a business is one of the loneliest jobs in the world. Everyone thinks you've got it figured out. Most days, it feels like you're not so sure.

Pints, Pies & Profits is the weekly business podcast for founders and owners who want straight answers, not more noise. Every episode, Mike and Scott crack open a craft beer, cut into a pie, and dig into the real stuff, cash flow, team drama, strategy, growth, the decisions that keep you up at night. No jargon. No lectures. No pretending it's easy. Just honest conversations that leave you thinking more clearly about Monday morning.

Because business shouldn't feel like something that's happening to you. It should feel like something you're building.

New episodes every Thursday. 

Running a business is one of the loneliest jobs in the world. Everyone thinks you've got it figured out. Most days, it feels like you're not so sure.
Pints, Pies &amp; Profits&nbsp;is the weekly business podcast for founders and owners who want straight answers, not more noise. Every episode, Mike and Scott crack open a craft beer, cut into a pie, and dig into the real stuff, cash flow, team drama, strategy, growth, the decisions that keep you up at night. No jargon. No lectures. No pretending it's easy. Just honest conversations that leave you thinking more clearly about Monday morning.
Because business shouldn't feel like something that's happening to you. It should feel like something you're building.
New episodes every Thursday.&nbsp;