Ben and Bergs

205. How to Create a Profitable Business (Revenue vs Profit)


Listen Later

Ben and Bergs break down revenue vs. profit and why most business owners get it wrong. They share how to track financial health, avoid common mistakes, and scale profitably.A lot of people chase big revenue numbers, but the real game is profit. You can have a $10M business and take home less than someone doing $3M. Revenue is vanity, profit is sanity, and cash is king. It’s all about understanding your numbers, optimizing for the right metrics, and building a business that actually puts money in your pocket.Revenue doesn’t matter if your business isn’t profitable.Scaling too fast without profitability leads to major financial risks.Knowing your numbers and cutting inefficiencies is key to long-term success.

🔔 Enjoyed the episode? Hit SUBSCRIBE and turn on notifications for more!📧 Join the Collective Shift newsletter for weekly crypto insights: https://collectiveshift.io/newsletter/💻 If you are a busy professional and want to take the uncertainty out of your crypto investment journey with expert insights powered by world-class research from a team with a track record, you can book a complimentary 1:1 strategy call with Collective Shift: ⁠⁠⁠⁠⁠⁠⁠⁠https://collectiveshift.io/strategy/🎙 Podcast Links:Apple Podcasts: https://podcasts.apple.com/us/podcast/ben-bergs-%7C-crypto-business-sports/id1629581403Spotify: https://open.spotify.com/show/5xir3V8fvtmHTAQy2D9dQd👉 Connect with us:TwitterBen: https://twitter.com/bensimpsonauBergs: https://twitter.com/BabyBackBergLinkedinBen: https://www.linkedin.com/in/bensimpsonau/Bergs: https://www.linkedin.com/in/aberghuber/———Disclaimer: We are not Financial Advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this video are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not take into account the viewers' specific circumstances. Collective Shift and its individual team members are not liable to the viewer or any other party for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.The viewer should always:1. conduct their own research;2. never invest more than they are willing to lose; and3. obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.

...more
View all episodesView all episodes
Download on the App Store

Ben and BergsBy Ben Simpson


More shows like Ben and Bergs

View all
Motley Fool Money by LiSTNR

Motley Fool Money

87 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

46 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

CRYPTO 101 by Bryce Paul & Brendan Viehman

CRYPTO 101

779 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,834 Listeners

Thinking Crypto News & Interviews by Tony Edward

Thinking Crypto News & Interviews

243 Listeners

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News by Justin Verrengia

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

581 Listeners

Markets Daily Crypto Roundup by CoinDesk

Markets Daily Crypto Roundup

134 Listeners

Bankless by Bankless

Bankless

1,028 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

227 Listeners

Crypto Banter by Crypto Banter

Crypto Banter

40 Listeners

Discover Crypto by HIT Network

Discover Crypto

218 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

153 Listeners

Raoul Pal: The Journey Man by Real Vision Podcast Network

Raoul Pal: The Journey Man

130 Listeners

Collective Shift by Collective Shift

Collective Shift

1 Listeners