Fired Up Life

#023 - Master These Business METRICS For Your Success! πŸ“ŠπŸš€


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In this episode, we delve into the importance of understanding the numbers and metrics that drive your business. We emphasize the significance of knowing your revenue, setting targets, and tracking results to ensure business success. By outsourcing unproductive tasks and focusing on cost-effective strategies, you can fast track your business growth. Tune in to learn how to make informed decisions based on your business data and drive positive outcomes.

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Timestamps

00:00:00 - Introduction

00:00:32 - Importance of Knowing Your Numbers

00:01:15 - Revenue Management and Targets

00:02:29 - Operational Costs and Net Profit

00:03:01 - High Ticket Items and Profit Margins

00:03:34 - Lead Generation Metrics

00:04:06 - Conversion Metrics

00:05:09 - Efficiency in Operational Costs

00:05:32 - Cash Flow Management

00:06:36 - Cash Flow Challenges in Business

00:08:09 - Outsourcing for Cost Efficiency

00:08:43 - Importance of Cash Flow Preparation

00:09:26 - Client Acquisition Cost (CAC)

00:10:07 - Customer Lifetime Value (CLV)

00:11:00 - Return on Investment (ROI)

00:12:18 - Consistency in Customer Experience

...more
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Fired Up LifeBy Ben Vickers