How do we measure growth? When exactly can you say that your business is growing and thriving? Many tradies and general contractors are baffled when it comes to this topic. There is the common misconception that more jobs mean more profits or that being busy is tantamount to success and business growth. Sadly, this is not the truth. 

In this podcast episode, Miranda and Michael shed light on this dilemma. They share the most important thing a business owner should look at to gauge profitability. Miranda and Michael also debunk common misconceptions regarding business growth. It is a discussion that allows you to really start focusing on what matters. 

Listen to this episode today! 

Discussion Points:

0:00 Introduction 
0:34 Episode overview 
1:19 Busy doesn’t mean profitable 
1:49 It’s all about numbers 
2:32 Busy and time are not in your P&L 
0:00 Key numbers to look at
0:00 Profitability vs. revenue-ability
0:00 Job management software 
0:00 Knowing your numbers gives you control 

Resources:
The Game Changers (https://www.thegamechangers.com.au/)   
Join us on our Facebook Group - Game Changing Tradies & Contractors

You can also connect with us on Linkedin. For more podcast episodes, you may also visit our website. You can also listen to the Tradie Business School on Apple Podcasts, Spotify, and Google Podcasts.

Thank you for tuning in! 

How do we measure growth? When exactly can you say that your business is growing and thriving? Many tradies and general contractors are baffled when it comes to this topic. There is the common misconception that more jobs mean more profits or that being busy is tantamount to success and business growth. Sadly, this is not the truth.&nbsp;
In this podcast episode, Miranda and Michael shed light on this dilemma. They share the most important thing a business owner should look at to gauge profitability. Miranda and Michael also debunk common misconceptions regarding business growth. It is a discussion that allows you to really start focusing on what matters.&nbsp;
Listen to this episode today!&nbsp;
Discussion Points:
0:00 Introduction 0:34 Episode overview&nbsp; 1:19 Busy doesn&rsquo;t mean profitable&nbsp; 1:49 It&rsquo;s all about numbers&nbsp; 2:32 Busy and time are not in your P&amp;L&nbsp; 0:00 Key numbers to look at 0:00 Profitability vs. revenue-ability 0:00 Job management software&nbsp; 0:00 Knowing your numbers gives you control&nbsp;
Resources:
<ul>
<li aria-level="1">The Game Changers (<a href="https://www.thegamechangers.com.au/">https://www.thegamechangers.com.au/</a>)&nbsp;&nbsp;&nbsp;</li>
<li aria-level="1">Join us on our Facebook Group - <a href="https://www.facebook.com/groups/gamechangingtradies">Game Changing Tradies &amp; Contractors</a></li>
</ul>
You can also connect with us on <a href="https://au.linkedin.com/company/the-game-changers">Linkedin</a>. For more podcast episodes, you may also visit our <a href="https://tradiebusinessschool.com/">website</a>. You can also listen to the Tradie Business School on <a href="https://podcasts.apple.com/ph/podcast/tradie-business-school-podcast/id1544187908">Apple Podcasts</a>, <a href="https://open.spotify.com/show/0k08gdcQypSXHcoYFpJ58A?si=qNZk1ul9QG-uI4PQ6ivcog">Spotify</a>, and <a href="https://podcasts.google.com/feed/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvM2M3MjQ0NGItNjIxZi00YTNlLWI2ZTEtYTgyMDAwNjczYzJmLzhhNTIyNWIzLWQ4YjEtNDRiMy05MjcwLWFjOGQwMDIyZmJmZC83MDY3NjI0Ny00ZTlmLTRjZjEtODMwNi1hYzhkMDAyNGE3YzYvcG9kY2FzdC5yc3M?sa=X&amp;ved=0CAMQ4aUDahcKEwjAt4HTydbtAhUAAAAAHQAAAAAQDA">Google Podcasts</a>.
Thank you for tuning in!&nbsp;

The Tradie Business School gives you the skills to run your business like a business owner instead of spending your days chasing your tail. Run by trade-industry experts, we understand the challenges you’re facing and know how to get your business working more smoothly and profitably.

The Tradie Business School gives you the skills to run your business like a business owner instead of spending your days chasing your tail. Run by trade-industry experts, we understand the challenges you&rsquo;re facing and know how to get your business working more smoothly and profitably.

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