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4. Which Should Come First: Income or Impact?
If you started your business to create impact in your community, you might have quickly learned that you also need to make money in order for your business to thrive. In this episode, we answer a question we get asked all the time: should I prioritize my income or my impact first? Whether you’re trying to work your way back to making an impact after getting stuck in daily operations, or you’re trying to increase profit for your mission-driven business, this episode is for you!
In this episode, we cover:
Whether impact or income should be prioritized first
How impact can be a force multiplier for your business
Avoiding treating impact as a “leftover” effort
Creating impact at every income level
Leveraging collaboration to help with both income and impact
What we can learn from Panera Bread and Samaritan’s Feet about impact that doesn’t feel like an afterthought
You started your business to make an impact in the world, but now you’re too busy and burned out on the day-to-day operations to serve your community. That’s where we come in! Hosted by Scott Woods and Steff Thomas, the team behind Silverback Ventures, the Changemakers Collective podcast is here to help impact-driven business owners like you to accelerate their growth through servant leadership.
Connect with Us:
Website
Silverback Ventures LinkedIn
Scott Woods LinkedIn
Steff Thomas LinkedIn
YouTube
View all episodes
By Scott Woods and Stephanie ThomasIf you started your business to create impact in your community, you might have quickly learned that you also need to make money in order for your business to thrive. In this episode, we answer a question we get asked all the time: should I prioritize my income or my impact first? Whether you’re trying to work your way back to making an impact after getting stuck in daily operations, or you’re trying to increase profit for your mission-driven business, this episode is for you!
In this episode, we cover:
Whether impact or income should be prioritized first
How impact can be a force multiplier for your business
Avoiding treating impact as a “leftover” effort
Creating impact at every income level
Leveraging collaboration to help with both income and impact
What we can learn from Panera Bread and Samaritan’s Feet about impact that doesn’t feel like an afterthought
You started your business to make an impact in the world, but now you’re too busy and burned out on the day-to-day operations to serve your community. That’s where we come in! Hosted by Scott Woods and Steff Thomas, the team behind Silverback Ventures, the Changemakers Collective podcast is here to help impact-driven business owners like you to accelerate their growth through servant leadership.
Connect with Us:
Website
Silverback Ventures LinkedIn
Scott Woods LinkedIn
Steff Thomas LinkedIn
YouTube