The Lifeonaire Show

287. Why Ignoring Your Business Metrics Is Costing You Money


Listen Later

Most entrepreneurs hate looking at their numbers, but ignoring them can quietly sink your business. In this episode of the Lifeonaire Show, Wojo and Peter break down the essential metrics every business owner must understand to stay profitable and make smarter decisions.

You’ll discover:

  • The key financial metrics that reveal the health of your business
  • Why revenue alone doesn’t tell the full story
  • How and why to separate cost of goods sold from operating expenses
  • The truth about gross profit, operating profit, and net profit
  • How to calculate your customer acquisition cost and lifetime value
  • Why knowing these numbers can transform your marketing decisions
  • A simple way to avoid running your business “in the dark”


Numbers don’t have to be intimidating! They’re the roadmap to building a thriving, sustainable company. Start tracking the right data and you’ll finally know if your business is really working for you!

Ready to gain clarity and confidence in your business? Learn how to build a business that supports your life, not the other way around, at the Business Builder Workshop: 

lifeonaire.com/businessbuilder

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

The Lifeonaire ShowBy Lifeonaire.com

  • 5
  • 5
  • 5
  • 5
  • 5

5

32 ratings


More shows like The Lifeonaire Show

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,758 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,221 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,868 Listeners

Progress Mode with Brendon Burchard by Brendon Burchard

Progress Mode with Brendon Burchard

3,632 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

807 Listeners

ChooseFI by ChooseFI

ChooseFI

5,145 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

430 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,451 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,074 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

614 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

716 Listeners

On The Market by BiggerPockets

On The Market

900 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

841 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners

The Daily Blade: Joby Martin & Kyle Thompson by Joby Martin & Kyle Thompson

The Daily Blade: Joby Martin & Kyle Thompson

1,564 Listeners